Extra Space StorageFRA:FG8 +0.47%92 FCF Margin % is 56.89% as of Mar. 2026, which is 3% above its 10-year median of 55.22. GuruFocus rates FRA:FG8 with a GF Score™ of 92/100 and a GF Value™ of €127.23 (Fairly Valued). The stock has 9 warning signs investors should review. Among 936 REITs companies, Extra Space Storage ranks better than 63.14% on this metric.
The historical rank and industry rank for Extra Space Storage's FCF Margin % or its related term are showing as below:
FRA:FG8'
s FCF Margin % Range Over the Past 10 Years
Min: 53.35 Med: 55.22 Max: 63.16
Current: 53.92
During the past 13 years, the highest FCF Margin % of Extra Space Storage was 63.16%. The lowest was 53.35%. And the median was 55.22%.
FRA:FG8's FCF Margin % is ranked better than 63.14% of 936
companies
in the REITs industry
Industry Median: 40.025
vs FRA:FG8: 53.92
Extra Space Storage FCF Margin % Related Terms
Extra Space Storage FCF Margin % Historical Data
* Premium members only.
The historical data trend for Extra Space Storage's FCF Margin % 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.
FRA:FG8 vs EGP, LINE, CUBE: FCF Margin % Comparison
For the REIT - Industrial subindustry, Extra Space Storage's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Extra Space Storage's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Extra Space Storage's FCF Margin % falls into.
* 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) has a FCF Margin % of 56.89% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Extra Space Storage and its competitors. This is near median its historical median of 55.22. Over the past decade, Extra Space Storage's FCF Margin % has ranged from 53.35 to 63.16. According to the industry distribution chart, Extra Space Storage ranks #345 out of 936 companies in the REITs industry, placing it in the top 36.9%.
Is Extra Space Storage's FCF Margin % too high?
Extra Space Storage's current FCF Margin % of 56.89% is near median its 10-year median of 55.22. Over the past 10 years, this metric has ranged from a low of 53.35 to a high of 63.16. The REITs industry median FCF Margin % is 40.03. Extra Space Storage's value of 56.89% is 42.1% above this industry median. Based on the distribution chart, Extra Space Storage ranks #345 out of 936 companies in the REITs industry, which is above the industry midpoint. Overall, Extra Space Storage has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Extra Space Storage's FCF Margin % compare to EGP and LINE?
According to the REITs industry distribution chart, Extra Space Storage ranks #345 out of 936 companies for FCF Margin %. This puts Extra Space Storage in the upper half of its industry. The industry median FCF Margin % is 40.03. Extra Space Storage's value of 56.89% is 42.1% above this benchmark. Historically, Extra Space Storage's own FCF Margin % has ranged from 53.35 to 63.16 over the past decade. While the company's 10-year median is 55.22 vs. the industry median of 40.03, Extra Space Storage has consistently been above 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 FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 40.03, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Extra Space Storage's current FCF Margin % of 56.89% is 42.1% above 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Extra Space Storage and its competitors. For the REITs industry, the median FCF Margin % is 40.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Extra Space Storage's current FCF Margin % is 56.89%, which is near median its own 10-year median of 55.22. 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?
Based on GuruFocus' analysis, Extra Space Storage (FRA:FG8) is currently considered Fairly Valued. The stock's GF Value™ is €127.23, compared to a current price of €128.90 — trading 1.3% above its estimated fair value. The current FCF Margin % is 56.89%, which is near median its 10-year median of 55.22 and 42.1% above the REITs industry median of 40.03. Extra Space Storage's overall GF Score™ is 92/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Extra Space Storage (FRA:FG8), the current FCF Margin % is 56.89% as of Mar. 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 (FRA:FG8) Overvalued in 2026?
Based on GuruFocus' analysis, Extra Space Storage stock appears to be overvalued.
The current stock price of €128.90 is trading 1.3% above its estimated GF Value™ of €127.23.
GuruFocus considers Extra Space Storage to be Fairly Valued.
Key valuation signals for FRA:FG8:
FCF Margin %: 56.89% (near median its 10-year median of 55.22)
GF Value™: €127.23 vs. price of €128.90 (1.3% above fair value)
Industry Position: 42.1% above the REITs median (#345 of 936)
No single metric tells the full story. See the FRA:FG8 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.
92GF Score
Get the complete analysis for FRA:FG8
FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:FG8 has been successfully added to your 
