Company
Extra Space Storage Inc.
Headquarters: Salt Lake City, UT, United States
Founded: 1977
Employees: 4,309
CEO: Mr. Joseph Daniel Margolis J.D.
Market Cap
$34.03 Billion
USD as of July 1, 2024
Extra Space Storage Inc. Categories
United States Real Estate REIT—IndustrialUnited States Real Estate United States REIT—Industrial
Company Description
Extra Space Storage is a real estate investment trust specializing in self-storage units. It owns and operates more than 1,800 storage facilities across the United States, with 1.3 million storage units. Extra Space Storage also maintains solar energy installations on many of its properties.
Top Competitors by Market Capitalization
Industry: REIT—Industrial
| Company | Market Cap (USD) |
|---|---|
| Prologis, Inc. | $104.90 B |
| Public Storage | $50.49 B |
| Duke Realty Corporation | $19.44 B |
| SEGRO plc | $15.52 B |
| Rexford Industrial Realty, Inc. | $10.10 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Prologis, Inc. | $104.90 B |
| American Tower | $91.36 B |
| Equinix, Inc. (REIT) | $71.61 B |
| Welltower Inc. | $63.10 B |
| Simon Property Group, Inc. | $55.57 B |
Detailed Description
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of September 30, 2020, the Company owned and/or operated 1,906 self-storage stores in 40 states, Washington, D.C. and Puerto Rico. The Company's stores comprise approximately 1.4 million units and approximately 147.5 million square feet of rentable space. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.
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Stocks & Indices
Extra Space Storage Inc. has the following listings and related stock indices.
Stock: NYSE: EXR wb_incandescent
Stock: Bovespa: E1XR34 wb_incandescent
Stock: FSX: FG8 wb_incandescent
Product & Services
Self storage
Key People
Founder(s): Kenneth Woolley
Kenneth Woolley, Chairman Joseph D. Margolis, CEO
Financials
Revenue: $1.577 billion (2021)
Net income: $877 million (2021)
Total assets: $10.474 billion (2021)
Total equity: $3.116 billion (2021)