Extra Space Storage (EXR) Debt/Equity Ratio: History & Chart

Extra Space Storage Inc.(EXR)

REIT - Industrial · Salt Lake City, UT

$136.71-2.32 (-1.67%)

Delayed quote: Sep 18, 2026, 4:00 PM EDT

About Extra Space Storage Inc.

Extra Space Storage Inc., a prominent, self-administered and self-managed real estate investment trust (REIT), is headquartered in Salt Lake City, Utah, and holds a distinguished place as a member of the S&P 500 index. As of September 30, 2020, its expansive portfolio encompassed 1,906 self-storage facilities, with operations spanning 40 U.S. states, Washington, D.C., and Puerto Rico. Collectively, these facilities offer roughly 1.4 million individual storage units, totaling approximately 147.5 million square feet of rentable area. Extra Space Storage caters to diverse customer needs by providing a wide array of secure and conveniently located storage solutions nationwide. This includes specialized options for vehicles like boats and RVs, as well as dedicated business storage. Notably, it holds the position of the second-largest owner and operator of self-storage facilities throughout the U.S., and stands as the nation's largest self-storage management company.

Salt Lake City, UT

8,393 employees

www.extraspace.com

Real Estate / REIT - Industrial

Sector: Real Estate
Industry: REIT - Industrial
CEO: Joseph D. Margolis

View full financials

EXR Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

1.09

DEBT TO EQUITY RATIO AVG TTM

1.05

DEBT TO EQUITY RATIO AVG 3Y

0.93

DEBT TO EQUITY RATIO AVG 5Y

1.44

DEBT TO EQUITY RATIO AVG 10Y

1.73

DEBT TO EQUITY RATIO AVG 15Y

1.58

DEBT TO EQUITY RATIO AVG 20Y

1.59

CURRENT VS TTM AVG

+3.74%

CURRENT VS 3Y AVG

+16.72%

CURRENT VS 5Y AVG

-24.54%

CURRENT VS 10Y AVG

-37.18%

CURRENT VS 15Y AVG

-31.19%

CURRENT VS 20Y AVG

-31.71%

SECTOR MEDIAN · REAL ESTATE

0.86

median of 38 covered companies

CURRENT VS SECTOR MEDIAN

+25.69%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
Extra Space Storage Inc. (EXR)	$28.88B	1.09	1.05	0.93	1.44
AvalonBay Communities, Inc. (AVB)vs ›	$26.28B	0.76	0.74	0.73	0.73
VICI Properties Inc. (VICI)vs ›	$26.12B	0.61	0.66	0.67	0.64
Crown Castle Inc. (CCI)vs ›	$31.93B	N/A	4.13	3.56	2.99
Equity Residential (EQR)vs ›	$23.87B	0.81	0.78	0.73	0.76
Iron Mountain Incorporated (IRM)vs ›	$34.02B	N/A	45.37	28.52	20.95
SBA Communications Corporation (SBAC)vs ›	$18.94B	N/A	12.33	11.19	8.52
CBRE Group, Inc. (CBRE)vs ›	$40.40B	1.26	0.91	0.71	0.65
Essex Property Trust, Inc. (ESS)vs ›	$17.35B	1.27	1.23	1.17	1.13
Invitation Homes Inc. (INVH)vs ›	$15.99B	0.94	0.86	0.83	0.84

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

Extra Space Storage Inc. (EXR)

$28.88B

1.09

1.05

0.93

1.44

AvalonBay Communities, Inc. (AVB)vs ›

$26.28B

0.76

0.74

0.73

VICI Properties Inc. (VICI)vs ›

$26.12B

0.61

0.66

0.67

0.64

Crown Castle Inc. (CCI)vs ›

$31.93B

N/A

4.13

3.56

2.99

Equity Residential (EQR)vs ›

$23.87B

0.81

0.78

0.73

0.76

Iron Mountain Incorporated (IRM)vs ›

$34.02B

N/A

45.37

28.52

20.95

SBA Communications Corporation (SBAC)vs ›

$18.94B

N/A

12.33

11.19

8.52

CBRE Group, Inc. (CBRE)vs ›

$40.40B

1.26

0.91

0.71

0.65

Essex Property Trust, Inc. (ESS)vs ›

$17.35B

1.27

1.23

1.17

1.13

Invitation Homes Inc. (INVH)vs ›

$15.99B

0.94

0.86

0.83

0.84

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Extra Space Storage Inc. (EXR)?

The debt to equity ratio for EXR stock is 1.09.

Is Extra Space Storage Inc.'s debt to equity ratio high or low?

The debt to equity ratio of 1.09 is 25% below its 5-year average of 1.44, near the low end of its 5-year range (0.77–2.37).

What is the TTM average debt to equity ratio for Extra Space Storage Inc. (EXR)?

The TTM average debt to equity ratio for EXR stock is 1.05.

What is the 3Y average debt to equity ratio for Extra Space Storage Inc. (EXR)?

The 3Y average debt to equity ratio for EXR stock is 0.93.

What is the 5Y average debt to equity ratio for Extra Space Storage Inc. (EXR)?

The 5Y average debt to equity ratio for EXR stock is 1.44.

What is the 10Y average debt to equity ratio for Extra Space Storage Inc. (EXR)?

The 10Y average debt to equity ratio for EXR stock is 1.73.

What is the 15Y average debt to equity ratio for Extra Space Storage Inc. (EXR)?

The 15Y average debt to equity ratio for EXR stock is 1.58.

What is the 20Y average debt to equity ratio for Extra Space Storage Inc. (EXR)?

The 20Y average debt to equity ratio for EXR stock is 1.59.

DATE	DEBT TO EQUITY RATIO
2026-06-30	1.09
2026-03-31	1.05
2025-12-31	1.11
2025-09-30	1.00
2025-06-30	0.99
2025-03-31	0.95
2024-12-31	0.93
2024-09-30	0.87
2024-06-30	0.83
2024-03-31	0.80
2023-12-31	0.78
2023-09-30	0.77
2023-06-30	2.37
2023-03-31	2.33
2022-12-31	2.32
2022-09-30	2.22
2022-06-30	2.07
2022-03-31	1.95
2021-12-31	1.99
2021-09-30	1.94
2021-06-30	1.89
2021-03-31	1.90
2020-12-31	2.36
2020-09-30	2.32
2020-06-30	2.25
2020-03-31	2.25
2019-12-31	2.10
2019-09-30	2.02
2019-06-30	2.16
2019-03-31	2.14
2018-12-31	1.99
2018-09-30	1.99
2018-06-30	2.04
2018-03-31	1.93
2017-12-31	1.94
2017-09-30	1.95
2017-06-30	1.93
2017-03-31	1.92
2016-12-31	1.92
2016-09-30	1.82
2016-06-30	1.80
2016-03-31	1.72
2015-12-31	1.69
2015-09-30	1.64
2015-06-30	1.07
2015-03-31	1.40
2014-12-31	1.36
2014-09-30	1.25
2014-06-30	1.25
2014-03-31	1.21
2013-12-31	1.11
2013-09-30	1.16
2013-06-30	1.15
2013-03-31	1.06
2012-12-31	1.06
2012-09-30	1.15
2012-06-30	1.04
2012-03-31	1.34
2011-12-31	1.33
2011-09-30	1.23
2011-06-30	1.19
2011-03-31	1.40
2010-12-31	1.41
2010-09-30	1.34
2010-06-30	1.34
2010-03-31	1.41
2009-12-31	1.59
2009-09-30	1.53
2009-06-30	1.57
2009-03-31	1.45
2008-12-31	1.49
2008-09-30	1.27
2008-06-30	1.56
2008-03-31	2.16
2007-12-31	2.13
2007-09-30	2.03
2007-06-30	1.97
2007-03-31	1.95
2006-12-31	1.47
2006-09-30	1.45
2006-06-30	2.06
2006-03-31	1.90
2005-12-31	1.81
2005-09-30	3.50
2005-06-30	1.81
2005-03-31	2.45
2004-12-31	2.10
2004-09-30	3.33
2004-06-30	-38.11
2004-03-31	-27.03
2003-12-31	-107.29
2003-09-30	0.00
2003-06-30	0.00

DATE

DEBT TO EQUITY RATIO

2026-06-30

1.09

2026-03-31

1.05

2025-12-31

1.11

2025-09-30

1.00

2025-06-30

0.99

2025-03-31

0.95

2024-12-31

0.93

2024-09-30

0.87

2024-06-30

0.83

2024-03-31

0.80

2023-12-31

0.78

2023-09-30

0.77

2023-06-30

2.37

2023-03-31

2.33

2022-12-31

2.32

2022-09-30

2.22

2022-06-30

2.07

2022-03-31

1.95

2021-12-31

1.99

2021-09-30

1.94

2021-06-30

1.89

2021-03-31

1.90

2020-12-31

2.36

2020-09-30

2.32

2020-06-30

2.25

2020-03-31

2.25

2019-12-31

2.10

2019-09-30

2.02

2019-06-30

2.16

2019-03-31

2.14

2018-12-31

1.99

2018-09-30

1.99

2018-06-30

2.04

2018-03-31

1.93

2017-12-31

1.94

2017-09-30

1.95

2017-06-30

1.93

2017-03-31

1.92

2016-12-31

1.92

2016-09-30

1.82

2016-06-30

1.80

2016-03-31

1.72

2015-12-31

1.69

2015-09-30

1.64

2015-06-30

1.07

2015-03-31

1.40

2014-12-31

1.36

2014-09-30

1.25

2014-06-30

1.25

2014-03-31

1.21

2013-12-31

1.11

2013-09-30

1.16

2013-06-30

1.15

2013-03-31

1.06

2012-12-31

1.06

2012-09-30

1.15

2012-06-30

1.04

2012-03-31

1.34

2011-12-31

1.33

2011-09-30

1.23

2011-06-30

1.19

2011-03-31

1.40

2010-12-31

1.41

2010-09-30

1.34

2010-06-30

1.34

2010-03-31

1.41

2009-12-31

1.59

2009-09-30

1.53

2009-06-30

1.57

2009-03-31

1.45

2008-12-31

1.49

2008-09-30

1.27

2008-06-30

1.56

2008-03-31

2.16

2007-12-31

2.13

2007-09-30

2.03

2007-06-30

1.97

2007-03-31

1.95

2006-12-31

1.47

2006-09-30

1.45

2006-06-30

2.06

2006-03-31

1.90

2005-12-31

1.81

2005-09-30

3.50

2005-06-30

1.81

2005-03-31

2.45

2004-12-31

2.10

2004-09-30

3.33

2004-06-30

-38.11

2004-03-31

-27.03

2003-12-31

-107.29

2003-09-30

0.00

2003-06-30

0.00

Debt to Equity Ratio: 1.09

EXR Debt to Equity Ratio

EXR Average Debt to Equity Ratio Chart

EXR Current vs Average Debt to Equity Ratio Chart

EXR Debt to Equity Ratio Metrics

EXR Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

EXR Debt to Equity Ratio History

Related Metrics