EXR vs. LAMR: Extra Space Storage vs. Lamar Advertising Stock Comparison

Company Profile

Extra Space Storage (EXR) and Lamar Advertising (LAMR) both belong to the Specialized REITs industry, though EXR is classified under Self-Storage REITs while LAMR falls under Other Specialized REITs.

Both Extra Space Storage (EXR) and Lamar Advertising (LAMR) are REITs — read their payout ratios and P/E alongside FFO (funds from operations) rather than at face value.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Lamar Advertising (LAMR) at 56.42% clears its industry range for ROE, a sharper capital-efficiency signal than Extra Space Storage (EXR) at 7.71%, which is closer to a typical peer reading.

Neither Extra Space Storage (EXR) in Equity Real Estate Investment Trusts (REITs) nor Lamar Advertising (LAMR) in Equity Real Estate Investment Trusts (REITs) is well served by net margin: heavy depreciation makes net income a poor profitability proxy in their businesses, where FFO-based measures are the standard read.

Neither side reports a meaningful operating margin: for Extra Space Storage (EXR) in Equity Real Estate Investment Trusts (REITs) and Lamar Advertising (LAMR) in Equity Real Estate Investment Trusts (REITs), funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

Both Extra Space Storage (EXR) at 3.70% and Lamar Advertising (LAMR) at 2.68% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

EPS growth isn't a meaningful figure for either Extra Space Storage (EXR) in Equity Real Estate Investment Trusts (REITs) or Lamar Advertising (LAMR) in Equity Real Estate Investment Trusts (REITs) under our convention.

Growth Metrics

Financial Strength

Extra Space Storage (EXR) at 0.87 keeps current ratio within its industry’s typical mid-range, while Lamar Advertising (LAMR) at 0.59 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for LAMR.

Extra Space Storage (EXR) at 1.03 is near its industry mid-range for debt-to-equity ratio, while Lamar Advertising (LAMR) at 4.82 sits above its benchmark range, pointing to a heavier debt load relative to equity.

Financial Strength Metrics

Dividends

Both Extra Space Storage (EXR) at 4.05% and Lamar Advertising (LAMR) at 4.07% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

An earnings-based payout ratio fits neither Extra Space Storage (EXR) in Equity Real Estate Investment Trusts (REITs) nor Lamar Advertising (LAMR) in Equity Real Estate Investment Trusts (REITs): their distributions are mandated and conventionally measured against FFO, so the accounting-earnings ratio overstates both.

Dividend Metrics

Valuation

P/E ratio is not a meaningful valuation yardstick for either Extra Space Storage (EXR) in Equity Real Estate Investment Trusts (REITs) or Lamar Advertising (LAMR) in Equity Real Estate Investment Trusts (REITs): depreciation suppresses reported earnings in their businesses, and price-to-FFO is the conventional yardstick instead.

Lamar Advertising (LAMR) at 6.70 is priced about in line with its industry on P/S ratio, while Extra Space Storage (EXR) at 9.86 sits in the pricier quartile — EXR costs more per dollar of sales.

Both look rich against book: Extra Space Storage (EXR) at 2.59 sits in the upper P/B ratio quartile, and Lamar Advertising (LAMR) at 15.58 prices even higher, above its industry range.

Valuation Metrics