Extra Space Storage (EXR) Interest Expenses (2009 - 2024)
Extra Space Storage's (EXR) quarterly Interest Expenses came in at $132.9 million in Q1 2024, up 65.9% year-over-year from $80.1 million in Q2 2023, and up 2.48% quarter-over-quarter from $129.7 million in Q4 2023.
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Analysis
Extra Space Storage (EXR) Interest Expenses (2009 - 2024) Analysis & Trends
Extra Space Storage (EXR) has reported Interest Expenses for 16 consecutive years, with $132.9 million the latest figure, recorded in Q1 2024.
- On a quarterly basis, Interest Expenses rose 65.9% year-over-year to $132.9 million in Q1 2024; TTM through Mar 2024 was $471.8 million, a 83.78% increase from a year earlier, with the FY2023 full-year figure at $419.0 million, up 91.19% from the prior year.
- Interest Expenses was $132.9 million for Q1 2024 at Extra Space Storage, up from $129.7 million in the prior quarter.
- Over five years, Interest Expenses peaked at $132.9 million in Q1 2024 and troughed at $39.7 million in Q3 2021.
- A 5-year average of $66.6 million and a median of $46.5 million in 2021 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses slipped 13.51% in 2020 and surged 118.51% in 2023, its largest moves.
- Over 5 years, Interest Expenses stood at $42.2 million in 2020, then grew by 7.97% to $45.6 million in 2021, then surged by 59.99% to $72.9 million in 2022, then surged by 77.81% to $129.7 million in 2023, then advanced by 2.48% to $132.9 million in 2024.
- The last three Interest Expenses figures came in at $132.9 million (Q1 2024), $129.7 million (Q4 2023), and $122.9 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 165.94 Bn | 165.00 Bn | 1.39 Bn | 56.93 Mn |
| 2 | Prologis | 126.84 Bn | 131.24 Bn | 2.41 Bn | 276.31 Mn |
| 3 | Simon Property | 67.22 Bn | 68.48 Bn | 1.76 Bn | 272.33 Mn |
| 4 | Realty Income | 53.47 Bn | 55.85 Bn | - | 312.08 Mn |
| 5 | Public Storage | 50.86 Bn | 50.70 Bn | 1.20 Bn | 84.78 Mn |
| 6 | Ventas | 44.55 Bn | 44.86 Bn | 1.73 Bn | 160.03 Mn |
| 7 | Extra Space Storage | 28.52 Bn | 29.39 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 26.41 Bn | 25.98 Bn | 1.05 Bn | 209.93 Mn |
| 9 | Vivmark Residential | 23.37 Bn | 23.56 Bn | - | 82.46 Mn |
| 10 | Invitation Homes | 16.02 Bn | 16.06 Bn | 705.34 Mn | 93.99 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 132.89 Mn |
| Dec 31, 2023 | 129.67 Mn |
| Sep 30, 2023 | 122.90 Mn |
| Jun 30, 2023 | 86.37 Mn |
| Mar 31, 2023 | 80.10 Mn |
| Dec 31, 2022 | 72.92 Mn |
| Sep 30, 2022 | 56.25 Mn |
| Jun 30, 2022 | 47.47 Mn |
| Mar 31, 2022 | 42.54 Mn |
| Dec 31, 2021 | 45.58 Mn |
| Sep 30, 2021 | 39.67 Mn |
| Jun 30, 2021 | 40.24 Mn |
| Mar 31, 2021 | 40.70 Mn |
| Sep 30, 2020 | 42.21 Mn |
| Jun 30, 2020 | 41.04 Mn |
| Mar 31, 2020 | 44.36 Mn |
| Sep 30, 2019 | 46.91 Mn |
| Jun 30, 2019 | 47.45 Mn |
| Mar 31, 2019 | 47.36 Mn |
| Dec 31, 2018 | 48.20 Mn |
API Access
Extra Space Storage Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=EXR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "EXR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=EXR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();