Extra Space Storage (EXR) Times Interest Earned (2009 - 2024)

Extra Space Storage (EXR) reported Times Interest Earned of $2.53 for Q1 2024, down 23.19% year-over-year from $3.29 in Q2 2023, and down 1.73% quarter-over-quarter from $2.57 in Q4 2023.

Extra Space Storage (EXR) Times Interest Earned (2009 - 2024) Analysis & Trends

Extra Space Storage (EXR) has 16 years of Times Interest Earned data on file, last reported at $2.53 in Q1 2024.

  • Times Interest Earned for Q1 2024 came in at $2.53, down 23.19% year-over-year; the trailing twelve-month figure through Dec 2024 was $9.96 (up 256.62% YoY), and the FY2023 annual result was $2.79, down 41.73% from the prior year.
  • Times Interest Earned retreated to $2.53 in Q1 2024 per EXR's latest filing, from $2.57 in the prior quarter.
  • Over five years, Times Interest Earned peaked at $6.84 in Q4 2021 and troughed at $2.44 in Q3 2023.
  • A 5-year average of $4.27 and a median of $3.78 in 2020 frame the typical range for Times Interest Earned.
  • The sharpest annual moves came in 2021 and 2023: Times Interest Earned jumped 67.17% in 2021, then slumped 49.16% in 2023.
  • A 5-year view of Times Interest Earned shows it stood at $3.87 in 2020, then jumped by 76.93% to $6.84 in 2021, then slumped by 45.96% to $3.7 in 2022, then tumbled by 30.43% to $2.57 in 2023, then retreated by 1.73% to $2.53 in 2024.
  • Business Quant data shows EXR's Times Interest Earned at $2.53 in Q1 2024, $2.57 in Q4 2023, and $2.44 in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Times Interest Earned (Qtr)
1 Prologis 130.63 Bn 133.96 Bn 2.24 Bn 6.24
2 Public Storage 55.83 Bn 55.80 Bn 1.18 Bn 5.93
3 Extra Space Storage 30.65 Bn 31.49 Bn -204.61 Mn -
4 Eastgroup Properties 10.66 Bn 10.66 Bn 190.03 Mn 8.39
5 Lineage 9.39 Bn 10.29 Bn 417.00 Mn -
6 CubeSmart 9.24 Bn 9.27 Bn 191.86 Mn 0.78
7 Rexford Industrial Realty 7.56 Bn 7.94 Bn - -
8 STAG Industrial 7.23 Bn 7.30 Bn - -
9 Terreno Realty 6.74 Bn 6.74 Bn - -
10 Americold Realty Trust 4.04 Bn 4.04 Bn 195.51 Mn 0.34

Historic Data

Download Data
DateValue
Mar 31, 2024 2.53
Dec 31, 2023 2.57
Sep 30, 2023 2.44
Jun 30, 2023 3.16
Mar 31, 2023 3.29
Dec 31, 2022 3.70
Sep 30, 2022 4.80
Jun 30, 2022 5.81
Mar 31, 2022 5.53
Dec 31, 2021 6.84
Sep 30, 2021 5.70
Jun 30, 2021 4.89
Mar 31, 2021 5.92
Sep 30, 2020 3.87
Jun 30, 2020 3.65
Mar 31, 2020 3.54
Sep 30, 2019 3.47
Jun 30, 2019 3.36
Mar 31, 2019 3.14
Dec 31, 2018 3.25