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| Date | Value |
|---|---|
| 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 |