Extra Space Storage (EXR) Times Interest Earned (2009 - 2024)
Extra Space Storage's (EXR) Times Interest Earned came in at 2.53 for Q1 2024, down 23.2% from 3.29 a year earlier and down 1.7% from the prior quarter.
Extra Space Storage (EXR) Times Interest Earned (2009 - 2024) Analysis & Trends
For the trailing twelve months through Mar 31, 2024, Times Interest Earned at Extra Space Storage was 2.63, down 37.3% year-over-year; for FY2023, it was 2.79, down 41.7% from FY2022.
- In prior years, Extra Space Storage's Times Interest Earned was 4.79 in FY2022 (-18.4%) and 5.87 in FY2021.
- Quarterly Times Interest Earned has run from a low of 2.44 in Q3 2023 to a high of 6.84 in Q4 2021 over five years.
- On a year-over-year basis, Times Interest Earned has declined in each of the last seven quarters, with an average decline of 29.0% over the last eight quarters.
- The strongest year-over-year quarter for Times Interest Earned in the past five years was Q1 2021, with growth of 67.2%; the weakest was Q3 2023, with a decline of 49.2%.
- According to Business Quant data, Times Interest Earned for the three prior quarters was 2.57 (Q4 2023), 2.44 (Q3 2023) and 3.16 (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 165.25 Bn | 146.74 Bn | 1.39 Bn | - |
| 2 | Prologis | 124.09 Bn | 119.13 Bn | - | 4.53 |
| 3 | Simon Property | 64.79 Bn | 60.64 Bn | - | 2.76 |
| 4 | Realty Income | 51.71 Bn | 49.93 Bn | - | 2.27 |
| 5 | Public Storage | 50.81 Bn | 49.80 Bn | - | 5.50 |
| 6 | Ventas | 41.44 Bn | 40.13 Bn | - | 1.34 |
| 7 | Extra Space Storage | 28.30 Bn | 28.30 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.09 Bn | 23.21 Bn | 1.05 Bn | 3.50 |
| 9 | Vivmark Residential | 22.72 Bn | 22.50 Bn | - | 2.46 |
| 10 | Essex Property Trust | 17.34 Bn | 17.10 Bn | - | 1.64 |
Historic Data
| Date | Value |
|---|---|
| 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 |
Extra Space Storage Times Interest Earned 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=times-interest-earned&ticker=EXR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=EXR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();