Extra Space Storage (EXR) FCF Payout Ratio (2009 - 2026)

Extra Space Storage's (EXR) quarterly FCF Payout Ratio came in at 0.71 in Q1 2026, up 1148.98% year-on-year from 0.06 in Q1 2025, and down 56.61% on a QoQ basis from 1.64 in Q4 2025.

Extra Space Storage (EXR) FCF Payout Ratio (2009 - 2026) Analysis & Trends

Extra Space Storage (EXR) has 18 years of FCF Payout Ratio data on file, last reported at 0.71 in Q1 2026.

  • On a quarterly basis, FCF Payout Ratio rose 1148.98% year-over-year to 0.71 in Q1 2026; TTM through Mar 2026 was 1.23, a 2.28% increase from a year earlier, with the FY2025 full-year figure at 0.81, up 9.86% from the prior year.
  • FCF Payout Ratio for Q1 2026 stood at 0.71, down from 1.64 in the prior quarter.
  • Over the last five years, FCF Payout Ratio for EXR reached as high as 2.67 in Q4 2024 and fell as low as 12.73 in Q4 2023.
  • Historically, FCF Payout Ratio has averaged 0.55 across 5 years, with a median of 0.64 in 2024.
  • Across the five-year window, FCF Payout Ratio slumped 1282.03% in 2022 and jumped 1148.98% in 2026, its largest moves.
  • Year by year, FCF Payout Ratio stood at 1.88 in 2022, then plunged by 575.4% to 12.73 in 2023, then soared by 120.95% to 2.67 in 2024, then plunged by 38.61% to 1.64 in 2025, then sank by 56.61% to 0.71 in 2026.
  • Per Business Quant data, the three most recent FCF Payout Ratio figures were 0.71 in Q1 2026, 1.64 in Q4 2025, and 6.76 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Prologis 134.75 Bn 139.31 Bn 2.24 Bn 2.81
2 Public Storage 55.31 Bn 55.27 Bn 1.18 Bn 0.85
3 Extra Space Storage 30.66 Bn 31.49 Bn 617.72 Mn 0.71
4 Eastgroup Properties 11.49 Bn 11.49 Bn 193.10 Mn 0.47
5 CubeSmart 9.34 Bn 9.36 Bn 191.86 Mn 0.87
6 Lineage 9.30 Bn 9.23 Bn 417.00 Mn -2.42
7 Rexford Industrial Realty 8.22 Bn 8.54 Bn - 0.90
8 STAG Industrial 7.73 Bn 7.81 Bn - 0.32
9 Terreno Realty 7.56 Bn 7.56 Bn - 1.06
10 Americold Realty Trust 4.04 Bn 4.04 Bn 195.51 Mn -0.94

Historic Data

Download Data
DateValue
Mar 31, 2026 0.71
Dec 31, 2025 1.64
Sep 30, 2025 -6.76
Jun 30, 2025 0.51
Mar 31, 2025 0.06
Dec 31, 2024 2.67
Sep 30, 2024 0.91
Jun 30, 2024 0.64
Mar 31, 2024 0.74
Dec 31, 2023 -12.73
Sep 30, 2023 0.50
Jun 30, 2023 0.98
Mar 31, 2023 0.79
Dec 31, 2022 -1.88
Sep 30, 2022 0.60
Jun 30, 2022 0.59
Mar 31, 2022 0.74
Dec 31, 2021 -0.14
Sep 30, 2021 0.67
Jun 30, 2021 0.54