Extra Space Storage (EXR) Interest Coverage Ratio (2009 - 2024)
Extra Space Storage's (EXR) quarterly Interest Coverage Ratio came in at 2.53 in Q1 2024, down 23.19% year-over-year from 3.29 in Q2 2023, and down 1.73% quarter-over-quarter from 2.57 in Q4 2023.
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Analysis
Extra Space Storage (EXR) Interest Coverage Ratio (2009 - 2024) Analysis & Trends
Extra Space Storage (EXR) has reported Interest Coverage Ratio for 16 consecutive years, with 2.53 the latest figure, recorded in Q1 2024.
- On a quarterly basis, Interest Coverage Ratio fell 23.19% year-over-year to 2.53 in Q1 2024; TTM through Mar 2024 was 2.63, a 37.32% decrease from a year earlier, with the FY2023 full-year figure at 2.79, down 41.73% from the prior year.
- Interest Coverage Ratio was 2.53 for Q1 2024 at Extra Space Storage, down from 2.57 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 6.84 in Q4 2021 and troughed at 2.44 in Q3 2023.
- A 5-year average of 4.27 and a median of 3.78 in 2020 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio soared 67.17% in 2021 and tumbled 49.16% in 2023, its largest moves.
- Over 5 years, Interest Coverage Ratio stood at 3.87 in 2020, then soared by 76.93% to 6.84 in 2021, then tumbled by 45.96% to 3.7 in 2022, then plunged by 30.43% to 2.57 in 2023, then fell by 1.73% to 2.53 in 2024.
- The last three Interest Coverage Ratio figures came in at 2.53 (Q1 2024), 2.57 (Q4 2023), and 2.44 (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 165.94 Bn | 165.00 Bn | 1.39 Bn | -32.14 |
| 2 | Prologis | 126.84 Bn | 131.24 Bn | 2.41 Bn | 4.53 |
| 3 | Simon Property | 67.22 Bn | 68.48 Bn | 1.76 Bn | 3.27 |
| 4 | Realty Income | 53.47 Bn | 55.85 Bn | - | 2.27 |
| 5 | Public Storage | 50.86 Bn | 50.70 Bn | 1.20 Bn | 5.50 |
| 6 | Ventas | 44.55 Bn | 44.86 Bn | 1.73 Bn | 0.31 |
| 7 | Extra Space Storage | 28.52 Bn | 29.39 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 26.41 Bn | 25.98 Bn | 1.05 Bn | 3.50 |
| 9 | Vivmark Residential | 23.37 Bn | 23.56 Bn | - | 2.46 |
| 10 | Invitation Homes | 16.02 Bn | 16.06 Bn | 705.34 Mn | 0.51 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 2.53 |
| Dec 31, 2023 | 2.57 |
| Sep 30, 2023 | 2.44 |
| Jun 30, 2023 | 3.16 |
| Mar 31, 2023 | 3.29 |
| Dec 31, 2022 | 3.70 |
| Sep 30, 2022 | 4.80 |
| Jun 30, 2022 | 5.81 |
| Mar 31, 2022 | 5.53 |
| Dec 31, 2021 | 6.84 |
| Sep 30, 2021 | 5.70 |
| Jun 30, 2021 | 4.89 |
| Mar 31, 2021 | 5.92 |
| Sep 30, 2020 | 3.87 |
| Jun 30, 2020 | 3.65 |
| Mar 31, 2020 | 3.54 |
| Sep 30, 2019 | 3.47 |
| Jun 30, 2019 | 3.36 |
| Mar 31, 2019 | 3.14 |
| Dec 31, 2018 | 3.25 |
API Access
Extra Space Storage Interest Coverage 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=interest-coverage-ratio&ticker=EXR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=EXR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();