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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Extra Space Storage's Total Stockholders Equity for the quarter that ended in Jun. 2026 was MXN231,337 Mil. Extra Space Storage's Total Assets for the quarter that ended in Jun. 2026 was MXN517,546 Mil.
Therefore, Extra Space Storage's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.45.
The historical rank and industry rank for Extra Space Storage's Equity-to-Asset or its related term are showing as below:
MEX:EXR'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26 Med: 0.31 Max: 0.53
Current: 0.45
During the past 13 years, the highest Equity to Asset Ratio of Extra Space Storage was 0.53. The lowest was 0.26. And the median was 0.31.
MEX:EXR's Equity-to-Asset is ranked worse than 75.3% of 927
companies
in the REITs industry
Industry Median: 0.58
vs MEX:EXR: 0.45
Extra Space Storage (MEX:EXR) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Extra Space Storage Equity-to-Asset Related Terms
Extra Space Storage Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Extra Space Storage's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:EXR vs EGP, CUBE, LINE: Equity-to-Asset Comparison
For the REIT - Industrial subindustry, Extra Space Storage's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Extra Space Storage Equity-to-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Extra Space Storage's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Extra Space Storage's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Extra Space Storage's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Extra Space Storage (MEX:EXR) has a Equity-to-Asset of 0.45 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Extra Space Storage and its competitors. This is 45% above median its historical median of 0.31. Over the past decade, Extra Space Storage's Equity-to-Asset has ranged from 0.26 to 0.53. According to the industry distribution chart, Extra Space Storage ranks #698 out of 927 companies in the REITs industry, placing it in the top 75.3%.
Is Extra Space Storage's Equity-to-Asset too high?
Extra Space Storage's current Equity-to-Asset of 0.45 is 45% above median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.53. The REITs industry median Equity-to-Asset is 0.58. Extra Space Storage's value of 0.45 is 22.4% below this industry median. Based on the distribution chart, Extra Space Storage ranks #698 out of 927 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Extra Space Storage has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does Extra Space Storage's Equity-to-Asset compare to EGP and CUBE?
According to the REITs industry distribution chart, Extra Space Storage ranks #698 out of 927 companies for Equity-to-Asset. This places Extra Space Storage in the lower half of its industry. The industry median Equity-to-Asset is 0.58. Extra Space Storage's value of 0.45 is 22.4% below this benchmark. Historically, Extra Space Storage's own Equity-to-Asset has ranged from 0.26 to 0.53 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 0.58, Extra Space Storage has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a REITs company?
The median Equity-to-Asset among REITs companies is 0.58, based on 927 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Extra Space Storage's current Equity-to-Asset of 0.45 is 22.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Extra Space Storage and its competitors. For the REITs industry, the median Equity-to-Asset is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Extra Space Storage's current Equity-to-Asset is 0.45, which is 45% above median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Extra Space Storage stock overvalued right now?
Extra Space Storage (MEX:EXR) has a current Equity-to-Asset of 0.45. The stock's GF Value™ is MXN2,568.02, compared to a current price of MXN2,608.00 — trading 1.6% above its estimated fair value. The current Equity-to-Asset is 0.45, which is 45% above median its 10-year median of 0.31 and 22.4% below the REITs industry median of 0.58. Extra Space Storage's overall GF Score™ is 93/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Extra Space Storage (MEX:EXR), the current Equity-to-Asset is 0.45 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Extra Space Storage (MEX:EXR) Overvalued in 2026?
Based on GuruFocus' analysis, Extra Space Storage stock appears to be overvalued.
The current stock price of MXN2,608.00 is trading 1.6% above its estimated GF Value™ of MXN2,568.02.
Key valuation signals for MEX:EXR:
Equity-to-Asset: 0.45 (45% above median its 10-year median of 0.31)
GF Value™: MXN2,568.02 vs. price of MXN2,608.00 (1.6% above fair value)
Industry Position: 22.4% below the REITs median (#698 of 927)
No single metric tells the full story. See the MEX:EXR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages more than 4,200 self-storage properties in 43 states, with over 330 million net rentable square feet of storage space. Of these properties, approximately one half is wholly owned, while some facilities are owned through joint ventures and others are owned by third parties and managed by Extra Space Storage in exchange for a management fee.
93GF Score
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