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
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ4 2016
Last reportedQ4 2019

How to read this metric

An increase suggests rising borrowing costs or the refinancing of older, cheaper debt at current market rates.

Detailed definition

This metric represents the average interest rate paid on the company's total outstanding debt portfolio, weighted by the...

Peer comparison

Highly comparable across the utility sector to gauge relative financing efficiency.

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 its total debt.