FNMA vs EXR Stock Comparison

Federal National Mortgage Association Fannie Mae and Extra Space Storage Prices as of Oct 26, 2026 Peers: Industry group
EXR Extra Space Storage Inc.
$143.44 +7.6% 1M -4.5% 1Y
Market cap
$30.31B
P/E
31.6x
Revenue (TTM)
$3.45B
Div. yield
4.52%
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.

QuestionFNMAEXRLeader
Larger companyMarket capitalisation $24.76B $30.31B EXR
Cheaper on earningsLower P/E, profitable companies only 109.1x 31.6x EXR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 1.5x 29.8x FNMA
Faster revenue growthRevenue growth, trailing twelve months -3.1% +4.2% EXR
More profitableNet margin, trailing twelve months 0.8% 27.8% EXR
Better return on capitalReturn on invested capital 2.8% 4.9% EXR
Less leveragedLower net debt / EBITDA — 5.9x –
Higher dividend yieldTrailing dividend yield 0.00% 4.52% –
Better 1-year returnPrice return, last 12 months -62.9% -4.5% EXR
Better 5-year returnAnnualised price return, 5 years +36.9%/yr -4.8%/yr FNMA
Less volatileAnnualised volatility, 1 year 85.8% 23.1% EXR
Higher overall scoreMean of the five percentile scores vs peers 55/100 63/100 EXR

Percentile Scorecard

FNMAEXR

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

AxisFNMAEXR
Valuation 59 #28 of 66 18 #33 of 40
Growth 82 #12 of 63 84 #7 of 39
Profitability 66 #20 of 57 79 #8 of 35
Financial Health 13 #56 of 64 74 #11 of 40
Shareholder Returns – 58 #15 of 34
Overall 55 63
  • FNMA ranked among 71 companies in Lending and Credit
  • EXR ranked among 43 companies in Property REITs

Price Performance

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

Returns

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

Risk

MeasureFNMAEXRSPY
Volatility, 1Y 85.8%23.1% 12.7%
Downside volatility, 1Y 74.3%23.6% 12.7%
Beta vs S&P 500, 1Y 1.300.34 1.00
Return / volatility, 1Y -0.73-0.20 1.02
Max drawdown, 5Y -78.7%-54.5% -25.4%
From 52-week high -64.7%-6.1% -1.8%
52-week high $11.95$152.75 $779.14
52-week low $3.26$126.69 $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.

MultipleFNMAEXR
P/E now vs peer median 109.1xmedian 11.0x 31.6xmedian 22.0x
P/S now vs peer median 0.8xmedian 3.3x 8.8xmedian 2.1x
EV/EBITDA now vs peer median —median 15.4x 19.8xmedian 13.2x
P/FCF now vs peer median 0.6xmedian 11.5x 28.5xmedian 28.5x
P/B now vs peer median 0.2xmedian 0.7x 2.1xmedian 0.9x
PEG now vs peer median 0.54median 0.26 -3.57median 2.11

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 monthsFNMAEXR
Revenue $29.17B $3.45B
Gross profit – $2.51B
Operating income – $1.41B
Net income $15.09B $1.00B
Free cash flow $41.31B $1.06B
EPS (diluted) $0.04 $4.35
Cash & equivalents – $695.17M
Total debt $4.19T $52.95B
Shares (diluted) 5.89B 220.36M
Enterprise value $24.76B $30.09B

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

Growth

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

Profitability

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

Financial Health

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

Shareholder Returns

7 metrics
MetricFNMAEXR
Dividend yield – 4.5%
Net buyback yield – 0.5%
Shareholder yield 0.0% 5.0%
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.

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

Institutional Ownership

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

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.

FNMAEXR
FNMA 1.00 0.03
EXR 0.03 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FNMA and EXR?

Extra Space Storage (EXR) is the largest by market capitalisation: Federal National Mortgage Association Fannie Mae (FNMA) $24.76B, Extra Space Storage (EXR) $30.31B.

Which stock is cheaper, FNMA and EXR?

Extra Space Storage (EXR) trades on the lowest price-to-earnings ratio (Federal National Mortgage Association Fannie Mae (FNMA) 109.1x, Extra Space Storage (EXR) 31.6x). On next year's consensus earnings, Federal National Mortgage Association Fannie Mae (FNMA) is cheapest (Federal National Mortgage Association Fannie Mae (FNMA) 1.5x, Extra Space Storage (EXR) 29.8x). 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: Federal National Mortgage Association Fannie Mae (FNMA) -3.1%, Extra Space Storage (EXR) +4.2%.

Which company is more profitable?

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

Which stock has performed better?

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

Which pays a higher dividend?

Only one of these companies pays a dividend: Federal National Mortgage Association Fannie Mae (FNMA) 0.00%, Extra Space Storage (EXR) 4.52%. 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 (Federal National Mortgage Association Fannie Mae (FNMA) 85.8%, Extra Space Storage (EXR) 23.1%). Volatility measures how widely the price swings, not the risk of the business.

Do FNMA and EXR 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, FNMA and EXR?

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.