KPIs & Operating Metrics(New)

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.

  • For Q1 2024, Interest Coverage Ratio fell 23.19% year-over-year to 2.53; the TTM value through Dec 2024 reached 9.96, up 256.62%, while the annual FY2023 figure was 2.79, 41.73% down from the prior year.
  • Interest Coverage Ratio hit 2.53 in Q1 2024 for Extra Space Storage, down 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.
  • Average Interest Coverage Ratio over 5 years is 4.27, with a median of 3.78 recorded in 2020.
  • Year-over-year, Interest Coverage Ratio soared 67.17% in 2021 and then tumbled 49.16% in 2023.
  • Extra Space Storage's Interest Coverage Ratio stood at 3.87 in 2020, then skyrocketed by 76.93% to 6.84 in 2021, then plummeted by 45.96% to 3.7 in 2022, then tumbled by 30.43% to 2.57 in 2023, then dropped by 1.73% to 2.53 in 2024.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods came in at 2.53, 2.57, and 2.44 for Q1 2024, Q4 2023, and Q3 2023 respectively.