Extra Space Storage (EXR) Interest Coverage Ratio (2009 - 2026)

Extra Space Storage's (EXR) quarterly Interest Coverage Ratio came in at 2.28 in Q1 2026, down 31.51% year-on-year from 3.33 in Q1 2025, and down 19.3% on a QoQ basis from 2.83 in Q4 2025.

Extra Space Storage (EXR) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Extra Space Storage (EXR) has 18 years of Interest Coverage Ratio data on file, last reported at 2.28 in Q1 2026.

  • On a quarterly basis, Interest Coverage Ratio fell 31.51% year-over-year to 2.28 in Q1 2026; TTM through Mar 2026 was 2.64, a 68.04% decrease from a year earlier, with the FY2025 full-year figure at 0.98, up 1.23% from the prior year.
  • Interest Coverage Ratio for Q1 2026 stood at 2.28, down from 2.83 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for EXR reached as high as 6.32 in Q2 2025 and fell as low as 1.91 in Q4 2022.
  • Historically, Interest Coverage Ratio has averaged 3.35 across 5 years, with a median of 3.29 in 2023.
  • Across the five-year window, Interest Coverage Ratio sank 193.05% in 2022 and soared 294.15% in 2024, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 1.91 in 2022, then grew by 13.17% to 1.66 in 2023, then surged by 294.15% to 3.22 in 2024, then retreated by 12.28% to 2.83 in 2025, then fell by 19.3% to 2.28 in 2026.
  • Per Business Quant data, the three most recent Interest Coverage Ratio figures were 2.28 in Q1 2026, 2.83 in Q4 2025, and 4.29 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Prologis 136.51 Bn 136.51 Bn 2.24 Bn 5.77
2 Public Storage 57.53 Bn 57.40 Bn 1.18 Bn 5.14
3 Extra Space Storage 31.61 Bn 31.61 Bn 617.72 Mn 2.28
4 Eastgroup Properties 11.42 Bn 11.42 Bn 193.10 Mn 8.74
5 CubeSmart 9.71 Bn 9.71 Bn 191.86 Mn 0.67
6 Lineage 9.53 Bn 9.47 Bn 417.00 Mn 0.40
7 Rexford Industrial Realty 8.87 Bn 8.81 Bn - -
8 STAG Industrial 7.84 Bn 7.84 Bn - -
9 Terreno Realty 7.66 Bn 7.66 Bn - -
10 Americold Realty Trust 4.17 Bn 4.13 Bn 195.51 Mn 0.25

Historic Data

Download Data
DateValue
Mar 31, 2026 2.28
Dec 31, 2025 2.83
Sep 30, 2025 4.29
Jun 30, 2025 6.32
Mar 31, 2025 3.33
Dec 31, 2024 3.22
Sep 30, 2024 5.26
Jun 30, 2024 5.48
Mar 31, 2024 2.53
Dec 31, 2023 -1.66
Sep 30, 2023 2.44
Jun 30, 2023 3.16
Mar 31, 2023 3.29
Dec 31, 2022 -1.91
Sep 30, 2022 4.80
Jun 30, 2022 5.81
Mar 31, 2022 5.45
Dec 31, 2021 2.05
Sep 30, 2021 5.70
Jun 30, 2021 4.89