Extra Space Storage (EXR) FCF Payout Ratio (2009 - 2026)
Extra Space Storage's FCF Payout Ratio came in at 0.62 for Q2 2026, down 10.4% from 0.69 a year earlier and down 16.6% from the prior quarter.
Extra Space Storage (EXR) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Extra Space Storage reported FCF Payout Ratio of 0.77, down 1.3% year-over-year; for FY2025, it came in at 0.81, up 3.0% from FY2024.
- Going back by year, FCF Payout Ratio was 0.78 in FY2024 (-2.7%), 0.80 in FY2023 (+17.3%), 0.68 in FY2022 (+2.1%) and 0.67 in FY2021 (+0.9%).
- The Q2 2026 figure represents the lowest quarterly FCF Payout Ratio since Q2 2022.
- Year-over-year, FCF Payout Ratio increased in four of the last eight quarters, with an average decline of 0.1%.
- The fastest year-over-year change in FCF Payout Ratio over five years came in Q4 2023 (growth of 33.8%), and the weakest in Q4 2024 (a decline of 12.5%).
- Business Quant data shows EXR's FCF Payout Ratio at 0.74 (Q1 2026), 1.02 (Q4 2025) and 0.81 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 165.25 Bn | 146.74 Bn | 1.39 Bn | - |
| 2 | Prologis | 124.09 Bn | 119.13 Bn | - | - |
| 3 | Simon Property | 64.79 Bn | 60.64 Bn | - | - |
| 4 | Realty Income | 51.71 Bn | 49.93 Bn | - | - |
| 5 | Public Storage | 50.81 Bn | 49.80 Bn | - | 0.84 |
| 6 | Ventas | 41.44 Bn | 40.13 Bn | - | - |
| 7 | Extra Space Storage | 28.30 Bn | 28.30 Bn | 642.43 Mn | 0.80 |
| 8 | Vici Properties | 25.09 Bn | 23.21 Bn | 1.05 Bn | 0.83 |
| 9 | Vivmark Residential | 22.72 Bn | 22.50 Bn | - | 1.29 |
| 10 | Essex Property Trust | 17.34 Bn | 17.10 Bn | - | 0.75 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.80 |
| Mar 31, 2026 | 0.83 |
| Dec 31, 2025 | 11.77 |
| Sep 30, 2025 | 1.03 |
| Jun 30, 2025 | 1.19 |
| Mar 31, 2025 | 1.26 |
| Dec 31, 2024 | 2.89 |
| Sep 30, 2024 | 1.30 |
| Jun 30, 2024 | 0.72 |
| Mar 31, 2024 | 0.92 |
| Dec 31, 2023 | 1.42 |
| Sep 30, 2023 | 0.78 |
| Jun 30, 2023 | 0.82 |
| Mar 31, 2023 | 0.94 |
| Dec 31, 2022 | 1.63 |
| Jun 30, 2022 | 1.82 |
| Mar 31, 2022 | 2.21 |
| Sep 30, 2021 | 3.25 |
| Jun 30, 2021 | 2.89 |
| Mar 31, 2021 | 3.15 |
Extra Space Storage FCF Payout Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-payout-ratio&ticker=EXR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "ticker": "EXR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-payout-ratio&ticker=EXR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();