$1000 Invested In Extra Space Storage 20 Years Ago Would Be Worth This Much Today

Extra Space Storage (NYSE:EXR) has outperformed the market over the past 20 years by 1.59% on an annualized basis producing an average annual return of 10.53%. Currently, Extra Space Storage has a market capitalization of $29.09 billion.

Buying $1000 In EXR: If an investor had bought $1000 of EXR stock 20 years ago, it would be worth $7,598.95 today based on a price of $137.72 for EXR at the time of writing.

Extra Space Storage’s Performance Over Last 20 Years

Finally -- what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.