Extra Space Storage Inc (EXR, Financial) has recently captured the attention of investors and financial analysts alike, thanks to its strong financial performance and promising growth prospects. With a current share price of $177.86, despite a slight daily decrease of 0.2%, the company has experienced a significant appreciation of 25.82% over the past three months. A detailed evaluation using the GF Score indicates that Extra Space Storage Inc is poised for substantial future growth.
What Is the GF Score?
The GF Score is a proprietary ranking system developed by GuruFocus, assessing stocks based on five key valuation aspects. These aspects have been proven to correlate strongly with long-term stock performance from 2006 to 2021. Stocks with higher GF Scores typically yield better returns. The GF Score ranges from 0 to 100, with 100 representing the highest potential for outperformance. Extra Space Storage Inc boasts a GF Score of 92, indicating a top-tier potential for market outperformance.
- Financial strength rank: 4/10
- Profitability rank: 9/10
- Growth rank: 10/10
- GF Value rank: 6/10
- Momentum rank: 10/10
Understanding Extra Space Storage Inc's Business
Extra Space Storage Inc, with a market cap of $37.69 billion and annual sales of $3.16 billion, operates as a fully integrated real estate investment trust. The company manages nearly 3,700 self-storage properties across 42 states, offering over 280 million net rentable square feet of storage space. Approximately half of these properties are wholly owned, with the remainder managed through joint ventures or third-party arrangements.
Profitability and Growth Metrics
Extra Space Storage Inc's Profitability Rank is impressive, standing at 9 out of 10, which highlights its superior ability to generate profits relative to its peers. The company's Gross Margin has consistently increased over the past five years, demonstrating an enhanced capability to convert revenue into profit. This trend is supported by a Predictability Rank of 4.5 stars, indicating reliable operational performance and providing investors with increased confidence.
Ranked highly in Growth, Extra Space Storage Inc shows a strong commitment to expanding its business. The company's 3-Year Revenue Growth Rate of 13.1% outperforms 78.64% of competitors in the REITs industry. Additionally, its EBITDA growth over the past three years stands at 14.4%, further underscoring its growth capabilities.
Conclusion
Considering Extra Space Storage Inc's robust financial strength, impressive profitability, and consistent growth metrics, the GF Score highlights the company's exceptional position for potential market outperformance. Investors looking for similar opportunities can explore more companies with strong GF Scores using the GF Score Screen.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
