KPIs & Operating Metrics(New)

Extra Space Storage (EXR) Interest Expenses (2016 - 2024)

Extra Space Storage (EXR) has disclosed Interest Expenses for 16 consecutive years, with $132.9 million as the latest value for Q1 2024.

  • For Q1 2024, Interest Expenses rose 65.9% year-over-year to $132.9 million; the TTM value through Dec 2024 reached $132.9 million, down 68.29%, while the annual FY2023 figure was $419.0 million, 91.19% up from the prior year.
  • Interest Expenses hit $132.9 million in Q1 2024 for Extra Space Storage, up from $129.7 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $132.9 million in Q1 2024 and bottomed at $39.7 million in Q3 2021.
  • Average Interest Expenses over 5 years is $66.6 million, with a median of $46.5 million recorded in 2021.
  • Year-over-year, Interest Expenses fell 13.51% in 2020 and then surged 118.51% in 2023.
  • Extra Space Storage's Interest Expenses stood at $42.2 million in 2020, then increased by 7.97% to $45.6 million in 2021, then soared by 59.99% to $72.9 million in 2022, then soared by 77.81% to $129.7 million in 2023, then rose by 2.48% to $132.9 million in 2024.
  • According to Business Quant data, Interest Expenses over the past three periods came in at $132.9 million, $129.7 million, and $122.9 million for Q1 2024, Q4 2023, and Q3 2023 respectively.