Extra Space Storage (EXR) Times Interest Earned (2009 - 2024)
Extra Space Storage's (EXR) quarterly Times Interest Earned came in at 2.53 in 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 reported Times Interest Earned for 16 consecutive years, with 2.53 the latest figure, recorded in Q1 2024.
- On a quarterly basis, Times Interest Earned fell 23.19% year-over-year to 2.53 in Q1 2024; TTM through Mar 2024 was 2.63, a 37.32% decrease from a year earlier, with the FY2023 full-year figure at 2.79, down 41.73% from the prior year.
- Times Interest Earned was 2.53 for Q1 2024 at Extra Space Storage, down 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.
- Across the five-year window, Times Interest Earned soared 67.17% in 2021 and tumbled 49.16% in 2023, its largest moves.
- Over 5 years, Times Interest Earned stood at 3.87 in 2020, then soared by 76.93% to 6.84 in 2021, then tumbled by 45.96% to 3.7 in 2022, then plunged by 30.43% to 2.57 in 2023, then fell by 1.73% to 2.53 in 2024.
- The last three Times Interest Earned figures came in at 2.53 (Q1 2024), 2.57 (Q4 2023), and 2.44 (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 165.94 Bn | 165.00 Bn | 1.39 Bn | -32.14 |
| 2 | Prologis | 126.84 Bn | 131.24 Bn | 2.41 Bn | 4.53 |
| 3 | Simon Property | 67.22 Bn | 68.48 Bn | 1.76 Bn | 3.27 |
| 4 | Realty Income | 53.47 Bn | 55.85 Bn | - | 2.27 |
| 5 | Public Storage | 50.86 Bn | 50.70 Bn | 1.20 Bn | 5.50 |
| 6 | Ventas | 44.55 Bn | 44.86 Bn | 1.73 Bn | 0.31 |
| 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 | 3.50 |
| 9 | Vivmark Residential | 23.37 Bn | 23.56 Bn | - | 2.46 |
| 10 | Invitation Homes | 16.02 Bn | 16.06 Bn | 705.34 Mn | 0.51 |
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();