EXR vs FNMA Stock Comparison

Extra Space Storage and Federal National Mortgage Association Fannie Mae Prices as of Oct 26, 2026 Peers: Industry group
EXR Extra Space Storage Inc.
$143.44 +7.6% 1M -4.5% 1Y
Market cap
$30.52B
P/E
31.9x
Revenue (TTM)
$3.45B
Div. yield
0.04%
Self-Storage REITs Real Estate
8 wins

Head to Head

10 decided of 12

Extra Space Storage leads on 8 of the 12 questions below (Extra Space Storage 8, Federal National Mortgage Association Fannie Mae 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEXRFNMALeader
Larger companyMarket capitalisation $30.52B $24.52B EXR
Cheaper on earningsLower P/E, profitable companies only 31.9x 108.0x EXR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 29.8x 1.5x FNMA
Faster revenue growthRevenue growth, trailing twelve months +4.2% -3.1% EXR
More profitableNet margin, trailing twelve months 27.8% 0.8% EXR
Better return on capitalReturn on invested capital 4.9% 2.8% EXR
Less leveragedLower net debt / EBITDA 5.9x — –
Higher dividend yieldTrailing dividend yield 0.04% 0.00% –
Better 1-year returnPrice return, last 12 months -4.5% -62.9% EXR
Better 5-year returnAnnualised price return, 5 years -4.8%/yr +36.9%/yr FNMA
Less volatileAnnualised volatility, 1 year 23.1% 85.8% EXR
Higher overall scoreMean of the five percentile scores vs peers 55/100 54/100 EXR

Percentile Scorecard

EXRFNMA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisEXRFNMA
Valuation 24 #111 of 145 54 #78 of 170
Growth 63 #53 of 142 86 #24 of 160
Profitability 82 #25 of 136 69 #47 of 149
Financial Health 54 #65 of 139 6 #149 of 158
Shareholder Returns 53 #62 of 131 –
Overall 55 54
  • EXR ranked among 149 companies in Property REITs
  • FNMA ranked among 175 companies in Lending and Credit

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodEXRFNMASPY
1 month +7.6%-10.2% -0.8%
3 months -3.3%-30.4% +3.5%
6 months +2.8%-41.1% +7.0%
Year to date +10.2%-60.7% +12.2%
1 year -4.5%-62.9% +13.0%
3 years +37.4%+478.1% +86.3%
3 years, per year +11.2%+79.5% +23.1%
5 years -22.0%+379.5% +68.6%
5 years, per year -4.8%+36.9% +11.0%
10 years +88.2%+145.3% +258.0%
10 years, per year +6.5%+9.4% +13.6%

Risk

MeasureEXRFNMASPY
Volatility, 1Y 23.1%85.8% 12.7%
Downside volatility, 1Y 23.6%74.3% 12.7%
Beta vs S&P 500, 1Y 0.341.30 1.00
Return / volatility, 1Y -0.20-0.73 1.02
Max drawdown, 5Y -54.5%-78.7% -25.4%
From 52-week high -6.1%-64.7% -1.8%
52-week high $152.75$11.95 $779.14
52-week low $126.69$3.26 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleEXRFNMA
P/E now vs peer median 31.6xmedian 27.4x 109.1xmedian 11.0x
P/S now vs peer median 8.8xmedian 4.2x 0.8xmedian 2.6x
EV/EBITDA now vs peer median 19.8xmedian 14.2x —median 13.1x
P/FCF now vs peer median 28.5xmedian 23.2x 0.6xmedian 6.9x
P/B now vs peer median 2.1xmedian 1.3x 0.2xmedian 0.7x
PEG now vs peer median -3.57median 2.11 0.54median 0.32

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsEXRFNMA
Revenue $3.45B $29.17B
Gross profit $2.51B –
Operating income $1.41B –
Net income $1.00B $15.09B
Free cash flow $1.06B $41.31B
EPS (diluted) $4.35 $0.04
Cash & equivalents $695.17M –
Total debt $52.95B $4.19T
Shares (diluted) 220.36M 5.89B
Enterprise value $29.44B $24.52B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricEXRFNMA
P/E 31.6x 109.1x
P/FCF 28.5x 0.6x
P/Operating cash flow 15.9x 0.6x
P/S 8.8x 0.8x
P/B 2.1x 0.2x
P/Tangible book 2.1x 0.2x
EV/EBITDA 19.8x –
EV/EBIT 30.7x 27.9x
EV/Revenue 12.6x 144.4x
EV/FCF 40.7x 102.0x
EV/Operating cash flow 22.8x 102.0x
PEG (3Y EPS CAGR) -3.57 0.54

Growth

14 metrics
MetricEXRFNMA
Revenue growth (1Y) 4.2% -3.1%
Revenue CAGR (3Y) 19.5% 0.2%
Gross profit growth (1Y) 3.4% –
Gross profit CAGR (3Y) 17.1% –
Operating income growth (1Y) -2.5% –
Operating income CAGR (3Y) 9.4% –
Net income growth (1Y) -2.4% -0.4%
Net income CAGR (3Y) 4.5% 6.1%
EPS growth (1Y) -5.6% 22,700%
EPS CAGR (3Y) -8.8% 200.4%
Operating cash flow growth (1Y) 0.0% 485.1%
Operating cash flow CAGR (3Y) 15.7% 16.8%
Free cash flow growth (1Y) 35.3% 485.1%
Free cash flow CAGR (3Y) 89.0% 16.8%

Profitability

14 metrics
MetricEXRFNMA
Gross margin 72.8% –
EBITDA margin 63.5% –
Operating margin 40.9% –
Pretax margin 26.9% 64.8%
Net margin 27.8% 0.8%
FCF margin 30.9% 141.6%
Operating cash flow margin 55.2% 141.6%
Return on equity 7.1% 13.2%
Return on assets 3.4% 0.3%
Return on invested capital 4.9% 2.8%
Return on capital employed – –
Asset turnover 0.1x 0.0x
Cash conversion (OCF / net income) 1.9x 2.7x
Stock comp / revenue 1.1% –

Financial Health

11 metrics
MetricEXRFNMA
Debt / assets 46.0% 96.7%
Debt / equity 1.0x 36.0x
Net debt / EBITDA 5.9x –
Debt / FCF 12.8x 101.4x
Liabilities / assets 52.2% 97.3%
Equity / assets 47.8% 2.7%
Interest coverage – 1.1x
Current ratio – –
Quick ratio – –
Cash ratio – –
Altman Z-score – –

Shareholder Returns

7 metrics
MetricEXRFNMA
Dividend yield 4.5% –
Net buyback yield 0.5% –
Shareholder yield 5.0% 0.0%
Payout ratio (earnings) 136.7% –
Payout ratio (FCF) 128.9% –
Dividend growth (1Y) -0.3% –
Dividend CAGR (3Y) 17.7% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusEXRFNMA
Forward P/E 29.8xFY2026 1.5xFY2026
EPS, next fiscal year $4.82FY2026 $2.78FY2026
EPS growth, next FY +5.0%FY2026 +13.9%FY2026
EPS growth, the year after -2.1% -7.9%
Revenue, next fiscal year $3.38BFY2026 $31.10BFY2026
Revenue growth, next FY +0.1%FY2026 +7.4%FY2026
Revenue growth, the year after +11.4% -7.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEXRFNMA
Held by institutions 97.5% 0.0%
Institutions holding 795 25
Change in shares held, QoQ +2.2% +58.6%
Institutions buying 386 13
Institutions selling 266 2
Buyers to sellers 1.45 6.50

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

EXRFNMA
EXR 1.00 0.03
FNMA 0.03 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EXR and FNMA?

Extra Space Storage (EXR) is the largest by market capitalisation: Extra Space Storage (EXR) $30.52B, Federal National Mortgage Association Fannie Mae (FNMA) $24.52B.

Which stock is cheaper, EXR and FNMA?

Extra Space Storage (EXR) trades on the lowest price-to-earnings ratio (Extra Space Storage (EXR) 31.9x, Federal National Mortgage Association Fannie Mae (FNMA) 108.0x). On next year's consensus earnings, Federal National Mortgage Association Fannie Mae (FNMA) is cheapest (Extra Space Storage (EXR) 29.8x, Federal National Mortgage Association Fannie Mae (FNMA) 1.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Extra Space Storage (EXR) grew revenue fastest over the trailing twelve months: Extra Space Storage (EXR) +4.2%, Federal National Mortgage Association Fannie Mae (FNMA) -3.1%.

Which company is more profitable?

Extra Space Storage (EXR) has the highest net margin (Extra Space Storage (EXR) 27.8%, Federal National Mortgage Association Fannie Mae (FNMA) 0.8%). On return on invested capital, Extra Space Storage (EXR) leads (Extra Space Storage (EXR) 4.9%, Federal National Mortgage Association Fannie Mae (FNMA) 2.8%).

Which stock has performed better?

Over the past year Extra Space Storage (EXR) returned the most: Extra Space Storage (EXR) -4.5%, Federal National Mortgage Association Fannie Mae (FNMA) -62.9%. Over five years, Federal National Mortgage Association Fannie Mae (FNMA) compounded fastest (Extra Space Storage (EXR) -4.8%/yr, Federal National Mortgage Association Fannie Mae (FNMA) +36.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Extra Space Storage (EXR) 0.04%, Federal National Mortgage Association Fannie Mae (FNMA) 0.00%. Federal National Mortgage Association Fannie Mae (FNMA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Extra Space Storage (EXR) has been the steadiest (Extra Space Storage (EXR) 23.1%, Federal National Mortgage Association Fannie Mae (FNMA) 85.8%). Volatility measures how widely the price swings, not the risk of the business.

Do EXR and FNMA move together?

Their daily returns over the past year have a correlation of 0.03, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, EXR and FNMA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Extra Space Storage (EXR) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.