Basis: Latest reported fiscal quarter. 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 2.46x is 24% below its 5-year average of 3.26x, around the middle of its 5-year range (0.37x–6.84x).
As of the fiscal period ended Tuesday, June 30, 2026. 43.86% above its 12-month average of 1.71x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
2.46x
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
+43.86%
CURRENT VS 3Y AVG
+5.89%
CURRENT VS 5Y AVG
-24.46%
CURRENT VS 10Y AVG
-21.42%
CURRENT VS 15Y AVG
-17.51%
CURRENT VS 20Y AVG
-10.73%
SECTOR MEDIAN · REAL ESTATE
2.63x
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-6.48%
vs the sector median at left
Extra Space Storage Inc.
Market Cap
$31.70B
Interest Coverage Ratio
2.46x
TTM Avg
1.71x
3Y Avg
2.32x
5Y Avg
3.26x
Market Cap
$32.27B
Interest Coverage Ratio
2.17x
TTM Avg
2.17x
3Y Avg
2.89x
5Y Avg
2.96x
Market Cap
$29.06B
Interest Coverage Ratio
4.46x
TTM Avg
4.38x
3Y Avg
3.96x
5Y Avg
3.75x
Market Cap
$27.08B
Interest Coverage Ratio
3.53x
TTM Avg
3.79x
3Y Avg
3.82x
5Y Avg
3.56x
Market Cap
$37.82B
Interest Coverage Ratio
1.69x
TTM Avg
1.53x
3Y Avg
1.68x
5Y Avg
1.82x
Market Cap
$25.40B
Interest Coverage Ratio
4.75x
TTM Avg
5.56x
3Y Avg
5.56x
5Y Avg
5.56x
Market Cap
$43.77B
Interest Coverage Ratio
5.80x
TTM Avg
6.19x
3Y Avg
10.45x
5Y Avg
14.77x
Market Cap
$18.92B
Interest Coverage Ratio
2.93x
TTM Avg
2.93x
3Y Avg
2.93x
5Y Avg
2.93x
Market Cap
$18.63B
Interest Coverage Ratio
1.70x
TTM Avg
2.13x
3Y Avg
4.97x
5Y Avg
5.90x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Extra Space Storage Inc. (EXR) | $31.70B | 2.46x | 1.71x | 2.32x | 3.26x |
| Crown Castle Inc. (CCI)vs › | $32.27B | 2.17x | 2.17x | 2.89x | 2.96x |
| VICI Properties Inc. (VICI)vs › | $29.06B | 4.46x | 4.38x | 3.96x | 3.75x |
| AvalonBay Communities, Inc. (AVB)vs › | $27.08B | 3.53x | 3.79x | 3.82x | 3.56x |
| Iron Mountain Incorporated (IRM)vs › | $37.82B | 1.69x | 1.53x | 1.68x | 1.82x |
| Equity Residential (EQR)vs › | $25.40B | 4.75x | 5.56x | 5.56x | 5.56x |
| CBRE Group, Inc. (CBRE)vs › | $43.77B | 5.80x | 6.19x | 10.45x | 14.77x |
| SBA Communications Corporation (SBAC)vs › | $18.92B | 2.93x | 2.93x | 2.93x | 2.93x |
| Weyerhaeuser Company (WY)vs › | $18.63B | 1.70x | 2.13x | 4.97x | 5.90x |
| Essex Property Trust, Inc. (ESS)vs › | $18.51B | 3.24x | 3.12x | 2.91x | 2.74x |
Interest Coverage
2.5x
Debt/Equity
N/A
Current Ratio
N/A
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 |
