Extra Space Storage (EXR) Interest Coverage Ratio (2009 - 2024)
Extra Space Storage (EXR) reported Interest Coverage Ratio of 2.53 for Q1 2024, down 23.19% year-over-year from 3.29 in Q2 2023, and down 1.73% on a QoQ basis from 2.57 in Q4 2023.
Extra Space Storage (EXR) has 16 years of Interest Coverage Ratio data on file, last reported at 2.53 in Q1 2024.
- Quarterly Interest Coverage Ratio fell 23.19% year-over-year to 2.53 in Q1 2024, while the trailing twelve-month figure through Dec 2024 was 9.96 (up 256.62% YoY) and the FY2023 annual result came in at 2.79, down 41.73% from the prior year.
- Interest Coverage Ratio slipped to 2.53 in Q1 2024 per EXR's latest filing, from 2.57 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 6.84 in Q4 2021 and bottomed at 2.44 in Q3 2023.
- The 5-year median for Interest Coverage Ratio is 3.78 (2020), against an average of 4.27.
- The widest annual swing landed in 2021, when Interest Coverage Ratio surged 67.17%; it then plunged 49.16% in 2023.
- Tracing EXR's Interest Coverage Ratio over 5 years: stood at 3.87 in 2020, then surged by 76.93% to 6.84 in 2021, then plunged by 45.96% to 3.7 in 2022, then sank by 30.43% to 2.57 in 2023, then declined by 1.73% to 2.53 in 2024.
- Per Business Quant, the three latest EXR Interest Coverage Ratio figures stand at 2.53 (Q1 2024), 2.57 (Q4 2023), and 2.44 (Q3 2023).
Historic Data
Download 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 |
| Sep 30, 2018 | 3.34 |
| Jun 30, 2018 | 3.34 |
| Mar 31, 2018 | 3.27 |
| Dec 31, 2017 | 3.50 |
| Sep 30, 2017 | 3.52 |
| Jun 30, 2017 | 3.64 |
| Mar 31, 2017 | 3.45 |
| Dec 31, 2016 | 3.44 |
| Sep 30, 2016 | 3.66 |
| Jun 30, 2016 | 3.36 |
| Mar 31, 2016 | 2.99 |
| Dec 31, 2015 | 1.32 |
| Sep 30, 2015 | 4.68 |
| Jun 30, 2015 | 3.58 |
| Mar 31, 2015 | 3.52 |
| Dec 31, 2014 | 3.43 |
| Sep 30, 2014 | 3.75 |
| Jun 30, 2014 | 3.42 |
| Mar 31, 2014 | 3.08 |
| Dec 31, 2013 | 2.92 |
| Sep 30, 2013 | 3.45 |
| Jun 30, 2013 | 2.91 |
| Mar 31, 2013 | 2.69 |
| Dec 31, 2012 | 2.21 |
| Sep 30, 2012 | 2.36 |
| Jun 30, 2012 | 2.39 |
| Mar 31, 2012 | 1.81 |
| Dec 31, 2011 | 1.92 |
| Sep 30, 2011 | 1.86 |
| Jun 30, 2011 | 1.59 |
| Mar 31, 2011 | 1.46 |
| Dec 31, 2010 | 1.58 |
| Sep 30, 2010 | 1.50 |
| Jun 30, 2010 | 1.40 |
| Mar 31, 2010 | 1.21 |
| Dec 31, 2009 | 1.33 |
| Sep 30, 2009 | 1.31 |
| Jun 30, 2009 | 0.15 |