Is it safe?
Can EXR take a bad year?
Extra Space Storage carries $800M of net debt at 0.37× EBITDA: a load its earnings can carry.
$800M
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.37×
Net debt / EBITDA · 0.83× a year ago · the load is coming down
- Debt / equity
- 0.11×
Debt / equity
- Annualised volatility
- 25%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ2 2026
- $1.50B
- Cash and short-term investments
- $695M
- Net debt
- $800M
- EBITDA, trailing twelve months
- $2.14B
- Operating profit, trailing twelve months
- $1.41B
- Debt / equity
- 0.11×
- Total debt / EBITDA
- 0.70×
- Annualised volatilitytwo years of daily moves
- 25%
- Worst drawdown on file
- −51%
- Below its 52-week high
- −5.3%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
REIT - Industrial
Ranks #6 of 11 by Smart Score