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Extra Space Storage (FRA:FG8) EV-to-EBIT : 30.50 (As of Apr. 25, 2024)


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What is Extra Space Storage EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Extra Space Storage's Enterprise Value is €37,043 Mil. Extra Space Storage's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €1,215 Mil. Therefore, Extra Space Storage's EV-to-EBIT for today is 30.50.

The historical rank and industry rank for Extra Space Storage's EV-to-EBIT or its related term are showing as below:

FRA:FG8' s EV-to-EBIT Range Over the Past 10 Years
Min: 21.62   Med: 29.99   Max: 49
Current: 30.27

During the past 13 years, the highest EV-to-EBIT of Extra Space Storage was 49.00. The lowest was 21.62. And the median was 29.99.

FRA:FG8's EV-to-EBIT is ranked worse than
68.63% of 577 companies
in the REITs industry
Industry Median: 20.04 vs FRA:FG8: 30.27

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Extra Space Storage's Enterprise Value for the quarter that ended in Dec. 2023 was €41,908 Mil. Extra Space Storage's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €1,215 Mil. Extra Space Storage's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.90%.


Extra Space Storage EV-to-EBIT Historical Data

The historical data trend for Extra Space Storage's EV-to-EBIT 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.

* Premium members only.

Extra Space Storage EV-to-EBIT Chart

Extra Space Storage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.55 30.56 34.91 24.11 35.16

Extra Space Storage Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.11 25.43 23.84 30.51 35.16

Competitive Comparison of Extra Space Storage's EV-to-EBIT

For the REIT - Industrial subindustry, Extra Space Storage's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Extra Space Storage's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Extra Space Storage's EV-to-EBIT falls into.



Extra Space Storage EV-to-EBIT Calculation

Extra Space Storage's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=37043.364/1214.687
=30.50

Extra Space Storage's current Enterprise Value is €37,043 Mil.
Extra Space Storage's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,215 Mil.

* 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  (FRA:FG8) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Extra Space Storage's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=1214.687/41907.6135
=2.90 %

Extra Space Storage's Enterprise Value for the quarter that ended in Dec. 2023 was €41,908 Mil.
Extra Space Storage's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,215 Mil.

* 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 EV-to-EBIT Related Terms

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Extra Space Storage (FRA:FG8) Business Description

Traded in Other Exchanges
Address
2795 East Cottonwood Parkway, Suite 300, Salt Lake City, UT, USA, 84121
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages almost 2,400 self-storage properties in 41 states, with over 180 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.

Extra Space Storage (FRA:FG8) Headlines

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