Extra Space Storage (EXR) Interest Coverage Ratio (2016 - 2024)
Extra Space Storage (EXR) has disclosed Interest Coverage Ratio for 16 consecutive years, with 2.53 as the latest value for Q1 2024.
- On a quarterly basis, Interest Coverage Ratio fell 23.19% to 2.53 in Q1 2024 year-over-year; TTM through Dec 2024 was 9.96, a 256.62% increase, with the full-year FY2023 number at 2.79, down 41.73% from a year prior.
- Interest Coverage Ratio was 2.53 for Q1 2024 at Extra Space Storage, down from 2.57 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 6.84 in Q4 2021 to a low of 2.44 in Q3 2023.
- A 5-year average of 4.27 and a median of 3.78 in 2020 define the central range for Interest Coverage Ratio.
- Peak YoY movement for Interest Coverage Ratio: skyrocketed 67.17% in 2021, then crashed 49.16% in 2023.
- Extra Space Storage's Interest Coverage Ratio stood at 3.87 in 2020, then surged by 76.93% to 6.84 in 2021, then tumbled by 45.96% to 3.7 in 2022, then crashed by 30.43% to 2.57 in 2023, then decreased by 1.73% to 2.53 in 2024.
- Per Business Quant, the three most recent readings for EXR's Interest Coverage Ratio are 2.53 (Q1 2024), 2.57 (Q4 2023), and 2.44 (Q3 2023).