Discontinued — last reported Q4 '19

Other

Weighted Average Interest Rate (as a percent)

Extra Space Storage Weighted Average Interest Rate (as a percent) decreased by 2.3% to $0.04 in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.3%, from $0.04 to $0.04. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2016
Last reportedQ4 2019

How to read this metric

An increase suggests higher borrowing costs or a shift toward higher-interest debt, while a decrease indicates improved credit terms or refinancing at lower rates.

Detailed definition

This metric represents the average annual interest rate paid on the company's total outstanding debt obligations, weight...

Peer comparison

Peers in the aerospace and defense sector typically maintain rates aligned with their credit ratings and the prevailing interest rate environment.

Metric ID: other_debt_weighted_average_interest_rate

Historical Data

11 periods
 Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$0.04$0.04$0.05$0.04$0.05$0.05$0.05$0.04$0.04$0.04$0.04
QoQ Change+19.4%+4.7%-2.2%+2.3%+2.2%-2.2%-2.2%+0.0%+0.0%-2.3%
YoY Change+22.2%+4.7%+2.2%+2.3%-2.2%-4.3%-2.2%-2.3%
Range$0.04$0.05
CAGR+7.4%
Avg YoY Growth+2.5%
Median YoY Growth+0.0%

Frequently Asked Questions

What is Extra Space Storage's weighted average interest rate (as a percent)?
Extra Space Storage (EXR) reported weighted average interest rate (as a percent) of $0.04 in Q1 2026.
How has Extra Space Storage's weighted average interest rate (as a percent) changed year-over-year?
Extra Space Storage's weighted average interest rate (as a percent) decreased by 2.3% year-over-year, from $0.04 to $0.04.
What does weighted average interest rate (as a percent) mean?
The average interest rate the company pays on all its borrowed money.