Discontinued — last reported Q3 '23
Extra Space Storage Debt Instrument - Effective Interest Rate decreased by 11.5% to 4.6% in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 13.2%, from 5.3% to 4.6%. This is a positive signal — lower values indicate better performance for this metric.
An increase suggests rising borrowing costs or a higher risk profile, while a decrease indicates improved credit terms or favorable market conditions.
This is the actual interest rate paid on debt instruments, accounting for the amortization of discounts, premiums, and i...
Used to benchmark the cost of debt against industry peers and market interest rate benchmarks.
debt_instrument_interest_rate_effective_pct| Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 4.2% | 6% | 6.4% | 6.4% | 6.5% | 6.5% | 6% | 5.3% | 5.3% | 5.2% | 4.6% |
| QoQ Change | — | +42.9% | +6.7% | +0.0% | +1.6% | +0.0% | -7.7% | -11.7% | +0.0% | -1.9% | -11.5% |
| YoY Change | — | — | — | +52.4% | +8.3% | +1.6% | -6.3% | -18.5% | -18.5% | -13.3% | -13.2% |