
Extra Space Storage Inc. (EXR), headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT that owns and operates over 3,500 self-storage properties. Valued at $32.3 billion by market cap, EXR is the largest operator of self-storage properties in the U.S. that offers customers a wide selection of conveniently located and secure storage units, including boat storage, RV storage, and business storage.
Shares of this leading self-storage REIT have underperformed the broader market over the past year. EXR has declined marginally over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 9.8%. In 2025, EXR stock is down 2.8%, compared to SPX’s marginal dip on a YTD basis.