What is Extra Space Storage's pa — debt?

Extra Space Storage (EXR) reported pa — debt of $10.14M in Q4 2025.

How has Extra Space Storage's pa — debt changed year-over-year?

Extra Space Storage's pa — debt decreased by 2.4% year-over-year, from $10.39M to $10.14M.

What does pa — debt mean?

The amount of debt tied to properties in this specific region.

PA — Debt

Extra Space Storage PA — Debt decreased by 2.4% to $10.14M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 2.4%, from $10.39M to $10.14M.

Analysis

StatementSegment

CategoryLeverage

SignalContext dependent

VolatilityModerate

First reportedQ4 2019

Last reportedQ4 2025

Rolls up toReal Estate And Accumulated Depreciation Amount Of Encumbrances

How to read this metric

An increase may signal aggressive regional expansion funded by debt, while a decrease suggests deleveraging or debt repayment.

Detailed definition

The total outstanding financial obligations specifically allocated to the assets or operations within this geographic se...

Peer comparison

Commonly reported as 'Segment-level Debt' or 'Property-level Encumbrances' in REIT filings.

Metric ID: exr_segment_pa_debt

Historical Data

5 periods

	Q4 '21	Q4 '22	Q4 '23	Q4 '24	Q4 '25
Value	$8.67M	$10.89M	$10.64M	$10.39M	$10.14M
QoQ Change	—	+25.6%	-2.4%	-2.3%	-2.4%
YoY Change	—	+25.6%	-2.4%	-2.3%	-2.4%

Range$8.67M – $10.89M

CAGR+16.9%

Avg YoY Growth+4.6%

Median YoY Growth-2.4%

Current Streak3 quarters decline

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Frequently Asked Questions

What is Extra Space Storage's pa — debt?: Extra Space Storage (EXR) reported pa — debt of $10.14M in Q4 2025.
How has Extra Space Storage's pa — debt changed year-over-year?: Extra Space Storage's pa — debt decreased by 2.4% year-over-year, from $10.39M to $10.14M.
What does pa — debt mean?: The amount of debt tied to properties in this specific region.