Extra Free Cash Flow Per Share from 2010 to 2024
| EXR Stock | USD 137.73 2.96 2.10% |
Free Cash Flow Per Share | First Reported 2010-12-31 | Previous Quarter 7.60147671 | Current Value 7.98 | Quarterly Volatility 2.9486426 |
Check Extra Space financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Extra main balance sheet or income statement drivers, such as Depreciation And Amortization of 531.4 M, Total Revenue of 2.7 B or Gross Profit of 2.6 B, as well as many exotic indicators such as Price To Sales Ratio of 6.04, Dividend Yield of 0.0442 or PTB Ratio of 2.15. Extra financial statements analysis is a perfect complement when working with Extra Space Valuation or Volatility modules.
Extra | Free Cash Flow Per Share |
Latest Extra Space's Free Cash Flow Per Share Growth Pattern
Below is the plot of the Free Cash Flow Per Share of Extra Space Storage over the last few years. It is the amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share. Extra Space's Free Cash Flow Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Extra Space's overall financial position and show how it may be relating to other accounts over time.
| Free Cash Flow Per Share | 10 Years Trend |
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Free Cash Flow Per Share |
| Timeline |
Extra Free Cash Flow Per Share Regression Statistics
| Arithmetic Mean | 4.43 | |
| Geometric Mean | 3.64 | |
| Coefficient Of Variation | 66.63 | |
| Mean Deviation | 2.36 | |
| Median | 4.68 | |
| Standard Deviation | 2.95 | |
| Sample Variance | 8.69 | |
| Range | 9.805 | |
| R-Value | 0.97 | |
| Mean Square Error | 0.54 | |
| R-Squared | 0.94 | |
| Slope | 0.64 | |
| Total Sum of Squares | 121.72 |
Extra Free Cash Flow Per Share History
About Extra Space Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Extra Space income statement, its balance sheet, and the statement of cash flows. Extra Space investors use historical funamental indicators, such as Extra Space's Free Cash Flow Per Share, to determine how well the company is positioned to perform in the future. Although Extra Space investors may use each financial statement separately, they are all related. The changes in Extra Space's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Extra Space's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Extra Space Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Extra Space. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Free Cash Flow Per Share | 7.60 | 7.98 |
Pair Trading with Extra Space
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Extra Space position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Extra Space will appreciate offsetting losses from the drop in the long position's value.Moving together with Extra Stock
| 0.73 | BDN | Brandywine Realty Trust Earnings Call This Week | PairCorr |
| 0.7 | DEI | Douglas Emmett Financial Report 7th of May 2024 | PairCorr |
The ability to find closely correlated positions to Extra Space could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Extra Space when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Extra Space - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Extra Space Storage to buy it.
The correlation of Extra Space is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Extra Space moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Extra Space Storage moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Extra Space can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Extra Space Correlation against competitors. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Extra Stock analysis
When running Extra Space's price analysis, check to measure Extra Space's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Extra Space is operating at the current time. Most of Extra Space's value examination focuses on studying past and present price action to predict the probability of Extra Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extra Space's price. Additionally, you may evaluate how the addition of Extra Space to your portfolios can decrease your overall portfolio volatility.
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Is Extra Space's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Extra Space. If investors know Extra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Extra Space listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.35) | Dividend Share 6.48 | Earnings Share 4.74 | Revenue Per Share 15.454 | Quarterly Revenue Growth 0.572 |
The market value of Extra Space Storage is measured differently than its book value, which is the value of Extra that is recorded on the company's balance sheet. Investors also form their own opinion of Extra Space's value that differs from its market value or its book value, called intrinsic value, which is Extra Space's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Extra Space's market value can be influenced by many factors that don't directly affect Extra Space's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Extra Space's value and its price as these two are different measures arrived at by different means. Investors typically determine if Extra Space is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Extra Space's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.