$Extra Space Storage Inc (EXR.US)$ 🎯 2024.4.16 The current ...

New data: 23Q3 and 23Q4. Revenue and operating profit continued to grow.

In 2023, revenue increased by 33.1%, operating profit increased by 19.2%, net profit shrank by 6.7%, and net assets per share increased sharply by 1.8 times, which should have been brought about by acquisitions.

From 2019 to 2022, net assets per share grew from 19.61 to 24.34, with an average annual increase of 7.5%. Currently, the dividend rate is 4.8%, and the net market ratio is 2. Let's first observe the long-term impact of the acquisition.