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Extra Space Storage Inc. Interest Expense 2008-2024 | EXR

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What is interest expense?

Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.

What is Extra Space Storage Inc.'s current interest expense?

Extra Space Storage Inc. (EXR) annual interest expense for 2023 was $419.0M, a 91.19% increase from 2022. Extra Space Storage Inc. interest expense for the quarter ending March 31, 2024 was $132.9M.

What was Extra Space Storage Inc.'s interest expense in 2022?

Extra Space Storage Inc. annual interest expense for 2022 was $219.2M, a 31.89% increase from 2021.

What was Extra Space Storage Inc.'s interest expense in 2021?

Extra Space Storage Inc. annual interest expense for 2021 was $166.2M, a 868.94% increase from 2020.

What is Extra Space Storage Inc.'s 5-year interest expense CAGR?

Extra Space Storage Inc. interest expense grew at a compound annual growth rate (CAGR) of 79.02% from FY2018 to FY2023, going from $22.8M to $419.0M over 5 years.

Interest Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Growing
CAGR+79.0%
FY2018
$22.8M
FY2023
$419.0M
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5 years selected
Interest Expense History
PeriodValueChangeSource
FY2023$419.0M+91.2%10-K
FY2022$219.2M+31.9%10-K
FY2021$166.2M+868.9%10-K
FY2020$17.2M-24.5%10-K
FY2019$22.7M-0.4%10-K
FY2018$22.8M-6.6%10-K
FY2017$24.4M-81.7%10-K
FY2016$133.5M+39.5%10-K
FY2015$95.7M+17.6%10-K
FY2014$81.3M+13.5%10-K
FY2013$71.6M-0.3%10-K
FY2012$71.8M+6.8%10-K
FY2011$67.3M+5.0%10-K
FY2010$64.1M-5.1%10-K
FY2009$67.6M+4.6%10-K
FY2008$64.6M-10-K
Company: Extra Space Storage Inc.Ticker: EXRSector: Financial ServicesIndustry: Real Estate Investment TrustsView company profile →