Extra Space Storage (EXR) Q4 FFO Strengthens Bullish Narratives Despite Muted Revenue Trends

Extra Space Storage (EXR) reported strong Q4 2025 FFO of US$440.3 million and basic EPS of US$1.36, despite muted revenue growth. The company’s net profit margins expanded to 28.2%, with earnings growing 14% over the past year, outpacing revenue growth. While the stock trades at a rich P/E of 33.2x and offers a 4.24% dividend yield, concerns are noted regarding debt coverage by operating cash flow.

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