Extra Space Storage Inc (EXR) — Cash Flow Quality Index

Latest as of March 2026: 1.94x

Extra Space Storage Inc (EXR) has a Cash Flow Quality Index of 1.94x as of March 2026. Operating cash flow of $489.86 Million exceeds net income of $252.42 Million, indicating high earnings quality where cash backs reported profits. Explore EXR operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.94x
Operating CF / Net Income

Operating Cash Flow

$489.86 Million
USD

Net Income

$252.42 Million
USD

Data as of

Mar 2026
Most recent filing

Extra Space Storage Inc Cash Flow Quality Index (2006–2025)

Historical Cash Flow Quality Index for Extra Space Storage Inc across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Extra Space Storage Inc.

Annual Cash Flow Quality Index for Extra Space Storage Inc (2006–2025)

Year-by-year earnings quality comparison for Extra Space Storage Inc.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.81x $1.85 Billion $1.02 Billion ▼ -13.7%
2024 2.10x $1.89 Billion $900.23 Million ▲ +19.9%
2023 1.75x $1.40 Billion $801.97 Million ▲ +30.1%
2022 1.34x $1.24 Billion $921.16 Million ▲ +23.9%
2021 1.09x $952.44 Million $877.76 Million ▼ -27.2%
2020 1.49x $771.23 Million $517.58 Million ▼ -5.0%
2019 1.57x $707.69 Million $451.12 Million ▲ +3.5%
2018 1.52x $677.79 Million $447.08 Million ▲ +30.5%
2017 1.16x $597.38 Million $514.22 Million ▼ -14.5%
2016 1.36x $539.26 Million $397.09 Million ▼ -22.5%
2015 1.75x $367.33 Million $209.54 Million ▲ +1.7%
2014 1.72x $337.58 Million $195.90 Million ▲ +17.9%
2013 1.46x $271.26 Million $185.56 Million ▼ -13.5%
2012 1.69x $215.88 Million $127.69 Million ▼ -31.5%
2011 2.47x $144.16 Million $58.42 Million ▼ -21.4%
2010 3.14x $104.81 Million $33.37 Million ▲ +51.3%
2009 2.08x $81.17 Million $39.09 Million ▲ +0.7%
2008 2.06x $96.66 Million $46.89 Million ▼ -26.6%
2007 2.81x $101.33 Million $36.09 Million ▼ -44.0%
2006 5.01x $74.52 Million $14.88 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.