Extra Space Storage Inc

Overview

Extra Space Storage Inc (ESS) is a self-managed and self-administered real estate investment trust. The company owns, operates, manages, acquires, develops and redevelops self-storage facilities. ESS storage facilities provide spaces for lease, generally on a month-to-month basis, for business and personal use. The company’s activities include rental operations of stores, reinsurance of risks, and managing, acquiring, developing and selling stores. It has operational presence across Colorado, Connecticut, California, Delaware, Hawaii, Kansas, Florida, Georgia, Kentucky, Louisiana, Maryland and several other states in the US. ESS is headquartered in Salt Lake City, Utah, the US.
Key Stats
Address
2795 E Cottonwood Pkwy Ste 400, SALT LAKE CITY, Utah
Headquarters

United States of America

Contact

1 801 5625556

No of Employees

4,013

Industry

Construction

Ticker Symbol & Exchange​

EXR [NYSE]

Revenue (2020)

$1,356 m

3.6% (2020 vs 2019)
Net Income (2020)

$482 m

14.8% (2020 vs 2019)
Net Profit Margin

36 %

10.7% (2020 vs 2019)
Market Cap *

$25,745 m

EPS *

$3.7

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Extra Space Storage IncPublic StorageCubeSmartLife Storage Inc
Key Information
Headquarters United States of America United States of America United States of America United States of America
Headquarter City SALT LAKE CITY GLENDALE MALVERN WILLIAMSVILLE
Headquarter State/Province Utah California Pennsylvania New York
No. of Employees 4,013 5,400 3,111 2,078
Entity Type Public Public Public Public

Products & Services

ESS operates as a real estate investment trust. The company's key services include the following:

Services
  • Self Storage Facilities Operation
  • Rental Services
  • Tenant Reinsurance Services
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Zach Dickens Chief Investment Officer; Executive Vice President Senior Management 2020 46 Mr. Zach Dickens serves as the Executive Vice President and Chief Investment Officer of the company since December 2020. Previously,...
Noah Springer Executive Vice President; Chief Strategy Officer; Chief Partnership Officer Senior Management 2020 42 Mr. Noah Springer serves as the Executive Vice President and Chief Strategy and Partnership Officer of the company since 2020....
Samrat Sondhi Chief Marketing Officer; Executive Vice President Senior Management 2020 46 Mr. Samrat Sondhi has been the Executive Vice President and Chief Marketing Officer of the company since 2020. Prior to...
Matthew Herrington Chief Operating Officer; Executive Vice President Senior Management 2020 40 Mr. Matthew Herrington serves as the Chief Operating Officer and Executive Vice President of the company since 2020. Previously, he...
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History

Year Event Description
2020 Asset Disposal In October, the company sold its facility in Snellville, Georgia to The Storage Acquisition Group.
2018 Contracts/Agreements In November, the company entered into a partnership with Pivot Energy to reduce the carbon…
2017 Corporate Changes/Expansions In August, the company opened new self storage facility in Chicago.
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2014 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
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Locations


Extra Space Storage LP

Address

2795 East Cottonwood Parkway, Salt Lake City,
United States of America

Telephone

1 801 562 5556

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
05 May 2021 Extra Space Storage Raises USD450 Million in Senior Notes Offering Due 2031 Debt Offering Extra Space Storage Inc
18 Mar 2021 Extra Space Storage Prices USD207.7 Million Public Offering of Common Stock Equity Offering Extra Space Storage Inc
09 Nov 2020 Extra Space Storage Invests USD300 Million in Jernigan Capital Equity Offering Extra Space Storage Inc Jernigan Capital Inc
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01 Oct 2015 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

450

Active Jobs

1.3K

Posted

1.4K

Closed

Job Trends

Latest Jobs

Job title Company Country
Store Manager Extra Space Storage Inc United States
Customer Service Specialist Extra Space Storage Inc United States
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
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