Extra Space Storage vs Mid America Apartment Communities
EXR and MAA side by side, both in miscellaneous investing. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How EXR and MAA compare
Extra Space Storage is the larger company, worth 2.4 times as much as Mid America Apartment Communities ($33.1B against $13.7B).
On earnings, Extra Space Storage is cheaper: it trades at 32.2× trailing earnings, against 35.7× for Mid America Apartment Communities.
Extra Space Storage grew revenue faster over the last twelve months (4.1% versus 0.96% for Mid America Apartment Communities).
Extra Space Storage keeps more of each dollar of sales as profit, with a net margin of 29.9% compared with 17.4% at Mid America Apartment Communities.
Both pay dividends: Extra Space Storage yields 4.1% and Mid America Apartment Communities 5.2%.
Extra Space Storage scores higher on the StockData Score (16 against 8 for Mid America Apartment Communities), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | EXR | MAA |
|---|---|---|
| Size and price | ||
| Market cap | $33.1B | $13.7B |
| Share price | $158.50 | $117.89 |
| Change, 1 year | 19.5% | −10.3% |
| Change, 5 years | −21.6% | −41.4% |
| Beta (5Y) | 0.83 | 0.66 |
| Employees | 8,393 | 2,507 |
| StockData Score | ||
| Total score | 16 (better) | 8 |
| Valuation score | 1 | 1 |
| Growth score | 3 (better) | 0 |
| Performance score | 4 (better) | 3 |
| Health score | 4 (better) | 0 |
| Dividend score | 4 | 4 |
| Valuation | ||
| P/E | 32.2× (better) | 35.7× |
| P/S | 9.5× | 6.1× (better) |
| P/B | 2.6× (better) | 2.6× |
| EV/EBITDA | 14.6× | 10.8× (better) |
| P/FCF | 21.3× | – |
| FCF yield | 4.7% | – |
| Fair value | $124.78 | $106.77 |
| Margin of safety | −27.0% | −10.4% (better) |
| Growth | ||
| Revenue growth (TTM) | 4.1% (better) | 0.96% |
| Revenue growth, 5Y average | 20.0% (better) | 5.7% |
| Net income growth (TTM) | 9.5% (better) | −30.3% |
| EPS growth (TTM) | 5.8% (better) | −30.1% |
| EPS growth, 5Y average | 4.3% | 11.5% (better) |
| Profitability | ||
| Gross margin | 73.0% | – |
| Operating margin | 43.8% | – |
| Net margin | 29.9% (better) | 17.4% |
| FCF margin | 44.7% | – |
| Return on equity | 7.9% (better) | 7.0% |
| Return on invested capital | 11.1% | – |
| Financial health | ||
| Debt / equity | 0.00 | – |
| Altman Z-score | 1.50 (better) | 1.43 |
| Piotroski F-score | 5 (better) | 4 |
| Dividends and buybacks | ||
| Dividend yield | 4.1% | 5.2% (better) |
| Payout ratio | 132% | 184% |
| Years of dividend growth | 0 | 8 (better) |
| Dividend growth, 5Y average | 12.5% (better) | 8.7% |
| Buyback yield | 1.4% (better) | 1.1% |
| Shareholder yield | 5.5% | 6.3% (better) |
| Ownership | ||
| Held by institutions | 101% | 97.1% |
| Held by insiders | 1.1% | 0.66% |
| Insider net buying, 12 months | −$2.4M | −$823K (better) |
| Superinvestors holding | 1 | 2 (better) |
| Short interest, % of float | 2.4% | 4.1% |
Go deeper
- EXR stock overview
- EXR income statement
- EXR valuation and score
- MAA stock overview
- MAA income statement
- MAA valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.