Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the interest coverage ratio high or low?
The interest coverage ratio of 2.34x is 28% below its 5-year average of 3.26x, around the middle of its 5-year range (0.37x–6.84x).
36.86% above its 12-month average of 1.71x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 2.46x.
INTEREST COVERAGE RATIO
2.34x
INTEREST COVERAGE RATIO AVG TTM
1.71x
INTEREST COVERAGE RATIO AVG 3Y
2.32x
INTEREST COVERAGE RATIO AVG 5Y
3.26x
INTEREST COVERAGE RATIO AVG 10Y
3.13x
INTEREST COVERAGE RATIO AVG 15Y
2.98x
INTEREST COVERAGE RATIO AVG 20Y
2.76x
CURRENT VS TTM AVG
+36.86%
CURRENT VS 3Y AVG
+0.75%
CURRENT VS 5Y AVG
-28.13%
CURRENT VS 10Y AVG
-25.24%
CURRENT VS 15Y AVG
-21.52%
CURRENT VS 20Y AVG
-15.06%
SECTOR MEDIAN · REAL ESTATE
2.72x
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
-13.97%
vs the sector median at left
Extra Space Storage Inc.
Market Cap
$28.88B
Interest Coverage Ratio
2.34x
TTM Avg
1.71x
3Y Avg
2.32x
5Y Avg
3.26x
Market Cap
$26.28B
Interest Coverage Ratio
3.53x
TTM Avg
3.79x
3Y Avg
3.82x
5Y Avg
3.56x
Market Cap
$26.12B
Interest Coverage Ratio
4.33x
TTM Avg
4.31x
3Y Avg
3.93x
5Y Avg
3.73x
Market Cap
$31.93B
Interest Coverage Ratio
2.17x
TTM Avg
2.17x
3Y Avg
2.89x
5Y Avg
2.96x
Market Cap
$23.87B
Interest Coverage Ratio
4.75x
TTM Avg
5.56x
3Y Avg
5.56x
5Y Avg
5.56x
Market Cap
$34.02B
Interest Coverage Ratio
1.69x
TTM Avg
1.53x
3Y Avg
1.68x
5Y Avg
1.82x
Market Cap
$18.94B
Interest Coverage Ratio
2.93x
TTM Avg
2.93x
3Y Avg
2.93x
5Y Avg
2.93x
Market Cap
$40.40B
Interest Coverage Ratio
5.80x
TTM Avg
6.19x
3Y Avg
10.45x
5Y Avg
14.77x
Market Cap
$17.35B
Interest Coverage Ratio
3.24x
TTM Avg
3.12x
3Y Avg
2.91x
5Y Avg
2.74x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Extra Space Storage Inc. (EXR) | $28.88B | 2.34x | 1.71x | 2.32x | 3.26x |
| AvalonBay Communities, Inc. (AVB)vs › | $26.28B | 3.53x | 3.79x | 3.82x | 3.56x |
| VICI Properties Inc. (VICI)vs › | $26.12B | 4.33x | 4.31x | 3.93x | 3.73x |
| Crown Castle Inc. (CCI)vs › | $31.93B | 2.17x | 2.17x | 2.89x | 2.96x |
| Equity Residential (EQR)vs › | $23.87B | 4.75x | 5.56x | 5.56x | 5.56x |
| Iron Mountain Incorporated (IRM)vs › | $34.02B | 1.69x | 1.53x | 1.68x | 1.82x |
| SBA Communications Corporation (SBAC)vs › | $18.94B | 2.93x | 2.93x | 2.93x | 2.93x |
| CBRE Group, Inc. (CBRE)vs › | $40.40B | 5.80x | 6.19x | 10.45x | 14.77x |
| Essex Property Trust, Inc. (ESS)vs › | $17.35B | 3.24x | 3.12x | 2.91x | 2.74x |
| Invitation Homes Inc. (INVH)vs › | $15.99B | 2.10x | 2.06x | 2.09x | 1.90x |
Interest Coverage
2.3x
Debt/Equity
1.09
Current Ratio
0.34
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | INTEREST COVERAGE RATIO |
|---|---|
| 2026-06-30 | 2.46x |
| 2026-03-31 | 2.30x |
| 2025-12-31 | 1.05x |
| 2025-09-30 | 0.37x |
| 2025-06-30 | 2.37x |
| 2025-03-31 | 2.53x |
| 2024-12-31 | 2.54x |
| 2024-09-30 | 1.97x |
| 2024-06-30 | 2.06x |
| 2024-03-31 | 2.34x |
| 2023-12-31 | 2.38x |
| 2023-09-30 | 2.29x |
| 2023-06-30 | 3.16x |
| 2023-03-31 | 3.29x |
| 2022-12-31 | 3.70x |
| 2022-09-30 | 4.80x |
| 2022-06-30 | 5.81x |
| 2022-03-31 | 5.53x |
| 2021-12-31 | 6.84x |
| 2021-09-30 | 5.70x |
| 2021-06-30 | 4.89x |
| 2021-03-31 | 5.92x |
| 2020-12-31 | 4.77x |
| 2020-09-30 | 3.76x |
| 2020-06-30 | 3.55x |
| 2020-03-31 | 3.45x |
| 2019-12-31 | 3.58x |
| 2019-09-30 | 3.38x |
| 2019-06-30 | 3.27x |
| 2019-03-31 | 3.06x |
| 2018-12-31 | 3.17x |
| 2018-09-30 | 3.26x |
| 2018-06-30 | 3.25x |
| 2018-03-31 | 3.18x |
| 2017-12-31 | 3.39x |
| 2017-09-30 | 3.41x |
| 2017-06-30 | 3.52x |
| 2017-03-31 | 3.34x |
| 2016-12-31 | 3.32x |
| 2016-09-30 | 3.53x |
| 2016-06-30 | 3.24x |
| 2016-03-31 | 2.87x |
| 2015-12-31 | 1.27x |
| 2015-09-30 | 4.50x |
| 2015-06-30 | 3.47x |
| 2015-03-31 | 3.41x |
| 2014-12-31 | 3.32x |
| 2014-09-30 | 3.63x |
| 2014-06-30 | 3.31x |
| 2014-03-31 | 2.98x |
| 2013-12-31 | 2.85x |
| 2013-09-30 | 3.28x |
| 2013-06-30 | 2.89x |
| 2013-03-31 | 2.69x |
| 2012-12-31 | 2.21x |
| 2012-09-30 | 2.36x |
| 2012-06-30 | 2.39x |
| 2012-03-31 | 1.77x |
| 2011-12-31 | 1.88x |
| 2011-09-30 | 1.82x |
| 2011-06-30 | 1.55x |
| 2011-03-31 | 1.43x |
| 2010-12-31 | 1.54x |
| 2010-09-30 | 1.46x |
| 2010-06-30 | 1.37x |
| 2010-03-31 | 1.18x |
| 2009-12-31 | 1.31x |
| 2009-09-30 | 1.28x |
| 2009-06-30 | 0.14x |
| 2009-03-31 | 1.28x |
| 2008-12-31 | 1.45x |
| 2008-09-30 | 1.53x |
| 2008-06-30 | 1.37x |
| 2008-03-31 | 1.26x |
| 2007-09-30 | 1.41x |
| 2007-06-30 | 1.28x |
| 2005-09-30 | 1.00x |
| 2005-06-30 | 1.00x |
| 2005-03-31 | 1.00x |
| 2004-12-31 | 0.53x |
| 2004-09-30 | 1.00x |
| 2004-06-30 | 1.00x |
