Extra Space Storage (FRA:FG8) Interest Expense: €-551 Mil (TTM As of Mar. 2026)

What is Extra Space Storage Interest Expense?

Extra Space Storage FRA:FG8 -0.96% 93 Interest Expense is €-551 Mil as of Mar. 2026. GuruFocus rates FRA:FG8 with a GF Score™ of 93/100 and a GF Value™ of €127.50 (Fairly Valued). The stock has 9 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Extra Space Storage's interest expense for the three months ended in Mar. 2026 was € -138 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was €-551 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Extra Space Storage's Operating Income for the three months ended in Mar. 2026 was € 318 Mil. Extra Space Storage's Interest Expense for the three months ended in Mar. 2026 was € -138 Mil. Extra Space Storage's Interest Coverage for the quarter that ended in Mar. 2026 was 2.30. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Extra Space Storage (FRA:FG8) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Extra Space Storage's Interest Expense for the three months ended in Mar. 2026 was €-138 Mil. Its Operating Income for the three months ended in Mar. 2026 was €318 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was €11,061 Mil.

Extra Space Storage's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	317.933	/	-138.274
	=	2.30

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Extra Space Storage Interest Expense Historical Data

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The historical data trend for Extra Space Storage's Interest Expense can be seen below:

Extra Space Storage Interest Expense Chart

Extra Space Storage Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Interest Expense

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-147.07

-206.90

-401.48

-568.30

-542.40

Extra Space Storage Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Interest Expense	Get a 7-Day Free Trial															-142.18	-136.90	-137.80	-138.17	-138.27

93GF Score

Extra Space Storage Inc FRA:FG8

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Extra Space Storage Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-551 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of €-551 Mil mean?

Extra Space Storage (FRA:FG8) has a Interest Expense of €-551 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Extra Space Storage and its competitors.

Is Extra Space Storage's Interest Expense too high?

Extra Space Storage's current Interest Expense is €-551 Mil. Overall, Extra Space Storage has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Extra Space Storage's Interest Expense compare to EGP and LINE?

Extra Space Storage's Interest Expense of €-551 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for a REITs company?

A good Interest Expense depends on the REITs industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Extra Space Storage and its competitors. Extra Space Storage's current Interest Expense is €-551 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Extra Space Storage stock overvalued right now?

Based on GuruFocus' analysis, Extra Space Storage (FRA:FG8) is currently considered Fairly Valued. The stock's GF Value™ is €127.50, compared to a current price of €123.90 — trading 2.8% below its estimated fair value. The current Interest Expense is €-551 Mil. Extra Space Storage's overall GF Score™ is 93/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Extra Space Storage (FRA:FG8), the current Interest Expense is €-551 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Extra Space Storage (FRA:FG8) Overvalued in 2026?

Based on GuruFocus' analysis, Extra Space Storage stock appears to be undervalued. The current stock price of €123.90 is trading 2.8% below its estimated GF Value™ of €127.50. GuruFocus considers Extra Space Storage to be Fairly Valued.

Key valuation signals for FRA:FG8:

Interest Expense: €-551 Mil
GF Value™: €127.50 vs. price of €123.90 (2.8% below fair value)
GF Score™: 93/100 with 9 warning signs

No single metric tells the full story. See the FRA:FG8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Extra Space Storage Business Description

Industry Real Estate REITs

Comparable Companies EGP LINE CUBE FR REXR STAG TRNO PSA COLD NSA PLD LSE:SGRO SGX:A17U MEX:FIBRAPL14 XBRU:WDP LSE:LMP LSE:BBOX SGX:M44U TSE:3283 SGX:ME8U

Other Exchanges EXR:USA 0IJV:UK FG8:Germany E1XR34:Brazil

Address 2795 East Cottonwood Parkway, Suite 300, Salt Lake City, UT, USA, 84121

Website http://www.extraspace.com

Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages more than 4,200 self-storage properties in 43 states, with over 330 million net rentable square feet of storage space. Of these properties, approximately one half is wholly owned, while some facilities are owned through joint ventures and others are owned by third parties and managed by Extra Space Storage in exchange for a management fee.

93GF Score

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€123.90

Price

€127.50

GF Value

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