Extra Space Storage
Extra Space Storage returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
The reported inputs required for this metric are unavailable in the extracted statements for this period.
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | — | — | — | 7.07% | 3.25% | — |
| FY 2026 Q1 | Mar 31, 2026 | — | — | — | 6.92% | 3.25% | — |
| FY 2025 Q4 | Dec 31, 2025 | — | — | — | 7.1% | 3.35% | — |
| FY 2025 Q3 | Sep 30, 2025 | — | — | — | 6.86% | 3.31% | — |
| FY 2025 Q2 | Jun 30, 2025 | — | — | — | 6.97% | 3.42% | — |
| FY 2025 Q1 | Mar 31, 2025 | — | — | — | 6.46% | 3.23% | — |
| FY 2024 Q4 | Dec 31, 2024 | — | — | — | 6.02% | 3.04% | — |
| FY 2024 Q3 | Sep 30, 2024 | — | — | — | 5.65% | 2.9% | — |
| FY 2024 Q2 | Jun 30, 2024 | — | — | — | 9.2% | 4% | — |
| FY 2024 Q1 | Mar 31, 2024 | — | — | — | 9.33% | 4.14% | — |
| FY 2023 Q4 | Dec 31, 2023 | — | — | — | 9.09% | 4.05% | — |
| FY 2023 Q3 | Sep 30, 2023 | — | — | — | 8.88% | 4.01% | — |
| FY 2023 Q2 | Jun 30, 2023 | — | — | — | 25.47% | 7.04% | — |
| FY 2023 Q1 | Mar 31, 2023 | — | — | — | 26.37% | 7.51% | — |
| FY 2022 Q4 | Dec 31, 2022 | — | — | — | 26.96% | 7.6% | — |
| FY 2022 Q3 | Sep 30, 2022 | — | — | — | 29.59% | 8.58% | — |
| FY 2022 Q2 | Jun 30, 2022 | — | — | — | 28.89% | 8.71% | — |
| FY 2022 Q1 | Mar 31, 2022 | — | — | — | 26.97% | 8.31% | — |
| FY 2021 Q4 | Dec 31, 2021 | — | — | — | 29.18% | 8.33% | — |
| FY 2021 Q3 | Sep 30, 2021 | — | — | — | 26.55% | 7.75% | — |
| FY 2021 Q2 | Jun 30, 2021 | — | — | — | 23.98% | 7.13% | — |
| FY 2021 Q1 | Mar 31, 2021 | — | — | — | 21.64% | 6.45% | — |
| FY 2020 Q4 | Dec 31, 2020 | — | — | — | 18.91% | 5.37% | — |
| FY 2020 Q3 | Sep 30, 2020 | — | — | — | 17.81% | 5.13% | — |
| FY 2020 Q2 | Jun 30, 2020 | — | — | — | 17.89% | 5.1% | — |
| FY 2020 Q1 | Mar 31, 2020 | — | — | — | 18.1% | 5.2% | — |
| FY 2019 Q4 | Dec 31, 2019 | — | — | — | 16.93% | 5.13% | — |
| FY 2019 Q3 | Sep 30, 2019 | — | — | — | 16.62% | 5.08% | — |
| FY 2019 Q2 | Jun 30, 2019 | — | — | — | 18.01% | 5.36% | — |
| FY 2019 Q1 | Mar 31, 2019 | — | — | — | 17.82% | 5.41% | — |
| FY 2018 Q4 | Dec 31, 2018 | 10.93% | — | 69.14% | 17.4% | 5.43% | 3.2 pp |
| FY 2018 Q3 | Sep 30, 2018 | — | — | — | 22.95% | 7.12% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | — | — | 21.59% | 6.68% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | — | — | 21.15% | 6.69% | — |
| FY 2017 Q4 | Dec 31, 2017 | — | — | — | 20.8% | 6.59% | — |
| FY 2017 Q3 | Sep 30, 2017 | — | — | — | 15.63% | 5% | — |
| FY 2017 Q2 | Jun 30, 2017 | — | — | — | 17.02% | 5.48% | — |
| FY 2017 Q1 | Mar 31, 2017 | — | — | — | 16.68% | 5.49% | — |
| FY 2016 Q4 | Dec 31, 2016 | — | — | — | 16.86% | 5.56% | — |
| FY 2016 Q3 | Sep 30, 2016 | — | — | — | 13.55% | 4.59% | — |
| FY 2016 Q2 | Jun 30, 2016 | — | — | — | 11.53% | 4.36% | — |
| FY 2016 Q1 | Mar 31, 2016 | — | — | — | 11.24% | 4.06% | — |
| FY 2015 Q4 | Dec 31, 2015 | — | — | — | 9.87% | 3.62% | — |
| FY 2015 Q3 | Sep 30, 2015 | — | — | — | 11.72% | 4.42% | — |
| FY 2015 Q2 | Jun 30, 2015 | — | — | — | 10.72% | 4.61% | — |
| FY 2015 Q1 | Mar 31, 2015 | — | — | — | 11.16% | 4.54% | — |
| FY 2014 Q4 | Dec 31, 2014 | — | — | — | 10.18% | 4.26% | — |
| FY 2014 Q3 | Sep 30, 2014 | — | — | — | 12.9% | 5.43% | — |
| FY 2014 Q2 | Jun 30, 2014 | — | — | — | 11.32% | 4.93% | — |
| FY 2014 Q1 | Mar 31, 2014 | — | — | — | 10.95% | 5% | — |
| FY 2013 Q4 | Dec 31, 2013 | — | — | — | 10.55% | 4.78% | — |
| FY 2013 Q3 | Sep 30, 2013 | — | — | — | 9.41% | 4.36% | — |
| FY 2013 Q2 | Jun 30, 2013 | — | — | — | 10.09% | 4.93% | — |
| FY 2013 Q1 | Mar 31, 2013 | — | — | — | 10.18% | 4.84% | — |
| FY 2012 Q4 | Dec 31, 2012 | — | — | — | 9.34% | 4.45% | — |
| FY 2012 Q3 | Sep 30, 2012 | — | — | — | 8.55% | 3.98% | — |
| FY 2012 Q2 | Jun 30, 2012 | — | — | — | 6.56% | 3.23% | — |
| FY 2012 Q1 | Mar 31, 2012 | — | — | — | 6.51% | 2.8% | — |
| FY 2011 Q4 | Dec 31, 2011 | — | — | — | 5.31% | 2.45% | — |
| FY 2011 Q3 | Sep 30, 2011 | — | — | — | 4.57% | 1.98% | — |
| FY 2011 Q2 | Jun 30, 2011 | — | — | — | 3.77% | 1.66% | — |
| FY 2011 Q1 | Mar 31, 2011 | — | — | — | — | — | — |
| FY 2010 Q4 | Dec 31, 2010 | — | — | — | — | — | — |
| FY 2010 Q3 | Sep 30, 2010 | — | — | — | — | — | — |
| FY 2010 Q2 | Jun 30, 2010 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · EXR, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.