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Extra Space Storage Inc. (EXR)
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Extra Space Storage Inc. (EXR) Interest Coverage Ratio: 2.34x

The interest coverage ratio for Extra Space Storage Inc. (EXR) is 2.34x as of Sunday, June 21, 2026.

EXR Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

2.34x

EXR Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
Extra Space Storage Inc. (EXR)$30.70B2.34xN/AN/AN/A
VICI Properties Inc. (VICI)vs ›$28.30B4.46x4.38x3.96x3.75x
Crown Castle Inc. (CCI)vs ›$35.81B2.17x2.17x2.89x2.96x
AvalonBay Communities, Inc. (AVB)vs ›$25.16B3.53x3.79x3.82x3.56x
Ventas, Inc. (VTR)vs ›$39.68B1.35x1.24x1.06x1.07x
SBA Communications Corporation (SBAC)vs ›$19.82B2.93x2.93x2.93x2.93x
Essex Property Trust, Inc. (ESS)vs ›$17.59B3.24x3.12x2.91x2.74x
Host Hotels & Resorts, Inc. (HST)vs ›$17.13B3.54x3.81x4.25x4.25x
Kimco Realty Corporation (KIM)vs ›$16.44B1.85x1.95x2.23x2.13x
Regency Centers Corporation (REG)vs ›$14.08B2.72x3.92x4.81x4.84x

Financial Health Indicators

Interest Coverage

2.3x

Debt/Equity

1.11

Current Ratio

1.28

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

Extra Space Storage Inc. Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Extra Space Storage Inc. Interest Coverage Ratio FAQ

What is the interest coverage ratio for Extra Space Storage Inc. (EXR)?
The interest coverage ratio for EXR stock is 2.34x.

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
8,012 employees
Real Estate / REIT - Industrial
Sector
Real Estate
Industry
REIT - Industrial
CEO
Joseph Daniel Margolis