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National Storage Affiliates Trust(NSA)Earnings, Financials & Key Ratios
NSA•NYSE•REIT / Real Estate
$41.90
$3.23B mkt cap·59.9× P/E·Price updated May 6, 2026
AboutNational Storage Affiliates Trust is a Maryland real estate investment trust focused on the ownership, operation and acquisition of self storage properties located within the top 100 metropolitan statistical areas throughout the United States. As of September 30, 2020, the Company held ownership interests in and operated 788 self storage properties located in 35 states and Puerto Rico with approximately 49.5 million rentable square feet. NSA is one of the largest owners and operators of self storage properties among public and private companies in the United States.Show more
- Revenue$753M-2.3%
- FFO$263M-12.7%
- FFO/Share3.43-12.5%
- FFO Payout66.48%+16.6%
- FFO per Share3.43-12.5%
- NOI Margin45.96%-36.6%
- FFO Margin34.94%-10.7%
- ROE4.48%-22.0%
- ROA1.41%-28.4%
- Debt/Assets67.47%+4.1%
- Net Debt/EBITDA7.27+3.5%
- Book Value/Share20.01-12.8%
NSA Key Insights
National Storage Affiliates Trust (NSA) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓FFO growing 8.1% TTM
- ✓Sustainable FFO payout ratio of 66.5%
- ✓Momentum leader: RS Rating 84 (top 16%)
- ✓Healthy dividend yield of 5.4%
- ✓Trading near 52-week high
✗Weaknesses
- ✗High debt to equity ratio of 2.2x
- ✗Dividend payout exceeds 100% of earnings
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
NSA Price & Volume
National Storage Affiliates Trust (NSA) stock price & volume — 10-year historical chart
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NSA Growth Metrics
National Storage Affiliates Trust (NSA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years18.85%
5 Years11.74%
3 Years-2.07%
TTM-1.65%
Profit CAGR
10 Years19.49%
5 Years8.7%
3 Years-10.74%
TTM36.56%
EPS CAGR
10 Years13.93%
5 Years5.72%
3 Years-10.91%
TTM28.81%
Return on Capital
10 Years5.46%
5 Years5.71%
3 Years5.95%
Last Year5.87%
NSA Recent Earnings
National Storage Affiliates Trust (NSA) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 11/12 qtrs (92%)
Q1 2026Latest
Feb 25, 2026EPS
$0.57
Est $0.55
+3.6%
Revenue
$169M
Est $185M
-8.3%
Q4 2025
Nov 3, 2025EPS
$0.57
Est $0.56
+1.8%
Revenue
$189M
Est $184M
+2.6%
Q3 2025
Aug 4, 2025EPS
$0.55
Est $0.58
-5.2%
Revenue
$189M
Est $189M
+0.1%
Q2 2025
May 5, 2025EPS
$0.54
Est $0.56
-3.6%
Revenue
$188M
Est $186M
+1.2%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 25, 2026 | $0.57vs $0.55+3.6% | $169Mvs $185M-8.3% |
| Q4 2025 | Nov 3, 2025 | $0.57vs $0.56+1.8% | $189Mvs $184M+2.6% |
| Q3 2025 | Aug 4, 2025 | $0.55vs $0.58-5.2% | $189Mvs $189M+0.1% |
| Q2 2025 | May 5, 2025 | $0.54vs $0.56-3.6% | $188Mvs $186M+1.2% |
Based on last 12 quarters of dataView full earnings history →
NSA Peer Comparison
National Storage Affiliates Trust (NSA) competitors in Self-Storage REITs — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 PSA | 52.46B | 298.82 | 33.17 | 2.74% | 39.16% | 20.27% | 5.52% | 1.10 |
 EXR | 29.52B | 139.79 | 30.46 | 1.19% | 28.84% | 6.69% | 6.2% | 1.05 |
 CUBE | 8.93B | 39.17 | 26.83 | 5.33% | 28.93% | 11.7% | 6.35% | 1.27 |
 SST | 32.19M | 3.98 | -0.48 | -22.62% | -24.55% | -151.28% | 0.55 | |
 SELF | 63.05M | 5.56 | 30.89 | 1.4% | 16.04% | 4.34% | 6.58% | 0.34 |
 NNN | 8.45B | 44.41 | 21.45 | 6.55% | 41.38% | 8.81% | 7.9% | 1.09 |
 SPG | 65.79B | 202.31 | 14.31 | 6.72% | 72.51% | 68.82% | 4.47 | |
 URI | 58.51B | 933.95 | 24.19 | 4.91% | 15.32% | 27.88% | 1.13% | 1.84 |
Compare NSA vs Peers
National Storage Affiliates Trust (NSA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NSA Income Statement
National Storage Affiliates Trust (NSA) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 268.13M | 330.9M | 382.93M | 432.22M | 585.67M | 801.57M | 858.06M | 770.34M | 752.93M | 749.98M |
| Revenue Growth % | 34.71% | 23.41% | 15.72% | 12.87% | 35.5% | 36.86% | 7.05% | -10.22% | -2.26% | -1.65% |
| Property Operating Expenses | 84.45M | 103.88M | 106.46M | 123.49M | 155.26M | 211.03M | 228.99M | 211.85M | 406.87M | 351.76M |
| Net Operating Income (NOI) | 183.68M▲ 0% | 227.02M▲ 23.6% | 276.46M▲ 21.8% | 308.74M▲ 11.7% | 430.41M▲ 39.4% | 590.54M▲ 37.2% | 629.08M▲ 6.5% | 558.48M▼ 11.2% | 346.06M▼ 38.0% | 398.21M▲ 0% |
| NOI Margin % | 68.5% | 68.61% | 72.2% | 71.43% | 73.49% | 73.67% | 73.31% | 72.5% | 45.96% | 53.1% |
| Operating Expenses | 105.17M | 125.37M | 49.23M | 308.74M | 212.17M | 301.01M | 292.38M | 261.33M | 67.42M | 53.72M |
| G&A Expenses | 30.06M | 35.92M | 48.93M | 43.64M | 51M | 59.31M | 59.28M | 57.61M | 51.13M | 51.22M |
| EBITDA | 265.82M | 332.71M | 332.35M | 260.92M | 376.55M | 522.7M | 558.69M | 487.01M | 467.96M | 387.38M |
| EBITDA Margin % | 99.14% | 100.55% | 86.79% | 60.37% | 64.29% | 65.21% | 65.11% | 63.22% | 62.15% | 51.65% |
| Depreciation & Amortization | 187.32M | 231.06M | 105.12M | 117.17M | 158.31M | 233.16M | 221.99M | 189.85M | 189.32M | 187.34M |
| D&A / Revenue % | 69.86% | 69.83% | 27.45% | 27.11% | 27.03% | 29.09% | 25.87% | 24.65% | 25.14% | 24.98% |
| Operating Income | 78.5M▲ 0% | 101.65M▲ 29.5% | 227.23M▲ 123.5% | 0▼ 100.0% | 218.24M▲ 0% | 289.54M▲ 32.7% | 336.69M▲ 16.3% | 297.16M▼ 11.7% | 278.64M▼ 6.2% | 211.13M▲ 0% |
| Operating Margin % | 29.28% | 30.72% | 59.34% | 0% | 37.26% | 36.12% | 39.24% | 38.57% | 37.01% | 28.15% |
| Interest Expense | 34.07M | 42.72M | 56.46M | 62.59M | 72.06M | 110.6M | 166.15M | 154.26M | 162.44M | 2M |
| Interest Coverage | 2.38x | 2.34x | 2.14x | 2.30x | 3.06x | 2.70x | 2.44x | 2.21x | 1.73x | - |
| Non-Operating Income | -2.73M | 1.79M | 106.67M | -143.74M | -2.45M | -9.52M | -68.03M | -44.14M | -3.18M | -9.58M |
| Pretax Income | 47.16M▲ 0% | 57.14M▲ 21.2% | 67.36M▲ 17.9% | 81.15M▲ 20.5% | 148.63M▲ 83.2% | 188.45M▲ 26.8% | 238.58M▲ 26.6% | 187.04M▼ 21.6% | 119.38M▼ 36.2% | 126.9M▲ 0% |
| Pretax Margin % | 17.59% | 17.27% | 17.59% | 18.77% | 25.38% | 23.51% | 27.8% | 24.28% | 15.85% | 16.92% |
| Income Tax | 1.16M | 818K | 1.35M | 1.67M | 1.69M | 4.69M | 1.59M | 3.77M | 3.1M | 1.5M |
| Effective Tax Rate % | 2.46% | 1.43% | 2.01% | 2.06% | 1.14% | 2.49% | 0.67% | 2.01% | 2.6% | 1.18% |
| Net Income | 2.96M▲ 0% | 14.11M▲ 376.5% | 3.98M▼ 71.8% | 48.61M▲ 1120.4% | 105.25M▲ 116.5% | 103.74M▼ 1.4% | 156.67M▲ 51.0% | 111.52M▼ 28.8% | 73.78M▼ 33.8% | 89.43M▲ 0% |
| Net Margin % | 1.1% | 4.26% | 1.04% | 11.25% | 17.97% | 12.94% | 18.26% | 14.48% | 9.8% | 11.92% |
| Net Income Growth % | -83.52% | 376.49% | -71.77% | 1120.41% | 116.53% | -1.44% | 51.03% | -28.82% | -33.84% | 36.56% |
| Funds From Operations (FFO) | 190.28M▲ 0% | 245.17M▲ 28.8% | 109.1M▼ 55.5% | 165.78M▲ 52.0% | 263.56M▲ 59.0% | 336.89M▲ 27.8% | 378.66M▲ 12.4% | 301.37M▼ 20.4% | 263.1M▼ 12.7% | 276.77M▲ 0% |
| FFO Margin % | 70.97% | 74.09% | 28.49% | 38.36% | 45% | 42.03% | 44.13% | 39.12% | 34.94% | 36.9% |
| FFO Growth % | 21.45% | 28.84% | -55.5% | 51.95% | 58.98% | 27.82% | 12.4% | -20.41% | -12.7% | 33.25% |
| FFO per Share | 4.28 | 4.60 | 1.87 | 2.49 | 1.96 | 3.69 | 2.59 | 3.92 | 3.43 | 3.59 |
| FFO Payout Ratio % | 25.05% | 25.35% | 68.33% | 54.37% | 49.97% | 58.09% | 50.42% | 57.01% | 66.48% | 47.45% |
| EPS (Diluted) | 0.01▲ 0% | 0.26▲ 2500.0% | 1.13▲ 334.6% | 0.53▼ 53.1% | 1.09▲ 105.7% | 0.99▼ 9.2% | 1.48▲ 49.5% | 1.18▼ 20.3% | 0.70▼ 40.7% | 1.16▲ 0% |
| EPS Growth % | -96.77% | 2500% | 334.62% | -53.1% | 105.66% | -9.17% | 49.49% | -20.27% | -40.68% | 28.81% |
| EPS (Basic) | 0.01 | 0.26 | 1.13 | 0.53 | 1.13 | 0.99 | 2.48 | 1.18 | 0.70 | - |
| Diluted Shares Outstanding | 44.42M | 53.29M | 58.21M | 66.61M | 134.54M | 91.24M | 146.02M | 76.84M | 76.64M | 77.09M |
NSA Balance Sheet
National Storage Affiliates Trust (NSA) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 2.27B | 2.73B | 3.08B | 3.51B | 5.56B | 6.07B | 5.93B | 5.35B | 5.08B | 5.03B |
| Asset Growth % | 19.8% | 20.41% | 13.01% | 13.92% | 58.32% | 9.12% | -2.28% | -9.73% | -5.12% | -16.55% |
| Real Estate & Other Assets | 52.62M | 75.05M | -52.17M | 3.58M | 5.22B | 5.67B | 4.96B | 4.84B | -4.95B | 0 |
| PP&E (Net) | 6.49M | 22.55M | 25.23M | 3.22B | 24.43M | 25.37M | 24.96M | 24.02M | 20.57M | 20.26M |
| Investment Securities | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 |
| Total Current Assets | 17.96M | 16.36M | 0 | 40.33M | 50.56M | 91.03M | 674.71M | 89.06M | 41.67M | 27.65M |
| Cash & Equivalents | 13.37M | 13.18M | 24.28M | 18.72M | 25.01M | 35.31M | 64.98M | 50.41M | 23.64M | 27.65M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 |
| Other Current Assets | 6.99M | 7.45M | -34.62M | 18.88M | 2.86M | 33.04M | 587.65M | 11.74M | 0 | 0 |
| Intangible Assets | 19.55M | 16.32M | 0 | 38.58M | 69.33M | 46.22M | 56.74M | 146.28M | 107.06M | 0 |
| Total Liabilities | 995.24M | 1.33B | 1.63B | 2.08B | 3.08B | 3.68B | 3.81B | 3.59B | 3.55B | 3.56B |
| Total Debt | 958.1M | 1.28B | 1.56B | 2.02B | 2.96B | 3.58B | 3.68B | 3.47B | 3.43B | 22.32M |
| Net Debt | 944.73M | 1.26B | 1.53B | 2B | 2.94B | 3.54B | 3.62B | 3.42B | 3.4B | -5.33M |
| Long-Term Debt | 0 | 0 | 1.49B | 1.99B | 2.45B | 3.06B | 3.28B | 3.01B | 3.03B | 0 |
| Short-Term Borrowings | 0 | 0 | 39.49M | 0 | 490M | 496M | 381M | 443.3M | 376.67M | 22.32M |
| Capital Lease Obligations | 0 | 0 | 24.66M | 24.76M | 23.98M | 25.74M | 24.2M | 22.89M | 20.38M | 65.46M |
| Total Current Liabilities | 125.65M | 188.36M | 0 | 48.96M | 571.47M | 599.59M | 501.12M | 561.97M | 376.67M | 42.98M |
| Accounts Payable | 24.46M | 33.13M | 0 | 47.04M | 59.26M | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 12.69M | 15.73M | 15.52M | 0 | 22.21M | 23.21M | 27.35M | 20.01M | 19.93M | 20.66M |
| Other Liabilities | 856.91M | 1.12B | -1.53B | 16.41M | 33.76M | 483K | 3.45M | 471K | 98.68M | 3.52B |
| Total Equity | 1.27B▲ 0% | 1.4B▲ 10.3% | 1.45B▲ 3.6% | 1.43B▼ 1.5% | 2.48B▲ 73.5% | 2.39B▼ 3.8% | 2.13B▼ 11.0% | 1.76B▼ 17.1% | 1.53B▼ 13.0% | 1.48B▲ 0% |
| Equity Growth % | 29.87% | 10.29% | 3.55% | -1.49% | 73.54% | -3.76% | -11.02% | -17.05% | -13.02% | -47.87% |
| Shareholders Equity | 841.02M | 916.84M | 919.63M | 968.96M | 1.78B | 1.65B | 1.42B | 1.08B | 946.04M | 912.76M |
| Minority Interest | 430.46M | 485.46M | 532.47M | 461.52M | 707.23M | 740.81M | 703.65M | 687.37M | 587.75M | 562.33M |
| Common Stock | 503K | 567K | 597K | 713K | 912K | 898K | 823K | 763K | 771K | 771K |
| Additional Paid-in Capital | 711.47M | 844.28M | 905.76M | 1.05B | 1.87B | 1.78B | 1.51B | 1.25B | 1.25B | 0 |
| Retained Earnings | -55.73M | -114.12M | -197.07M | 0 | -291.26M | -396.65M | -449.91M | -530.65M | -652.24M | 0 |
| Preferred Stock | 172.5M | 172.5M | 218.18M | 218.32M | 218.42M | 225.44M | 340.65M | 340.89M | 341.13M | 0 |
| Return on Assets (ROA) | 0.14% | 0.56% | 0.14% | 1.47% | 2.32% | 1.78% | 2.61% | 1.98% | 1.41% | 1.75% |
| Return on Equity (ROE) | 0.26% | 1.06% | 0.28% | 3.37% | 5.38% | 4.26% | 6.94% | 5.73% | 4.48% | 5.74% |
| Debt / Assets | 42.27% | 46.83% | 50.54% | 57.48% | 53.3% | 58.93% | 62.08% | 64.84% | 67.47% | 0.44% |
| Debt / Equity | 0.75x | 0.91x | 1.07x | 1.41x | 1.19x | 1.50x | 1.73x | 1.97x | 2.23x | 2.23x |
| Net Debt / EBITDA | 3.55x | 3.80x | 4.62x | 7.67x | 7.81x | 6.78x | 6.47x | 7.03x | 7.27x | 7.27x |
| Book Value per Share | 28.62 | 26.31 | 24.95 | 21.48 | 18.45 | 26.18 | 14.56 | 22.95 | 20.01 | 19.13 |
NSA Cash Flow Statement
National Storage Affiliates Trust (NSA) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 124.29M | 161.8M | 196.65M | 220.65M | 331.35M | 443.85M | 441.58M | 363.06M | 338.5M | 338.5M |
| Operating CF Growth % | 30.72% | 30.18% | 21.54% | 12.21% | 50.17% | 33.95% | -0.51% | -17.78% | -6.77% | -16.26% |
| Operating CF / Revenue % | 46.35% | 48.9% | 51.35% | 51.05% | 56.58% | 55.37% | 51.46% | 47.13% | 44.96% | 45.13% |
| Net Income | 46M | 56.33M | 66.01M | 79.48M | 146.94M | 183.76M | 236.99M | 183.27M | 122.48M | 89.43M |
| Depreciation & Amortization | 75.11M | 89.15M | 105.12M | 117.17M | 158.31M | 233.16M | 221.99M | 189.85M | 189.32M | 187.34M |
| Stock-Based Compensation | 3.76M | 3.84M | 4.53M | 4.28M | 5.46M | 6.26M | 6.68M | 8.31M | 12.19M | 11.54M |
| Other Non-Cash Items | 605K | 1.1M | 1.49M | 16.52M | 17.08M | 15.04M | -40.88M | -18.26M | 10.97M | 11.63M |
| Working Capital Changes | -2.91M | 2.17M | 3.41M | 3.2M | 3.56M | 5.63M | 16.8M | -111K | 3.54M | -835K |
| Cash from Investing | -409.29M | -514.49M | -393.03M | -509.68M | -2B | -584.16M | 161.1M | 425.42M | 19.86M | 28.09M |
| Acquisitions (Net) | -15.29M | -165.64M | -6.6M | -4.38M | -2.87M | -55.04M | -16.92M | -74.22M | 0 | 0 |
| Purchase of Investments | -406.91M | -479.35M | -12.67M | 0 | 0 | -551.4M | 0 | 0 | 0 | 0 |
| Sale of Investments | 17.53M | 5.26M | 5.36M | 7.56M | 0 | 10.96M | 0 | 0 | 0 | 0 |
| Other Investing | -378.76M | -329.43M | -357.66M | -512.5M | -1.97B | 55.04M | 213.58M | 552.95M | 58.54M | 71.46M |
| Cash from Financing | 286.07M | 352.65M | 204.29M | 286.45M | 1.67B | 154.64M | -557.19M | -825.42M | -385.47M | -360.21M |
| Dividends Paid | -49.97M | -72.5M | -86.94M | -103.24M | -144.81M | -209.12M | -209.93M | -192.26M | -195.37M | -190.65M |
| Common Dividends | -47.67M | -62.15M | -74.55M | -90.14M | -131.71M | -195.7M | -190.91M | -171.82M | -174.91M | -131.34M |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | -193K |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -90.11M | -310.15M | -284.7M | 0 | -3.26M |
| Other Financing | -60.73M | -66.94M | -84.68M | -77.24M | -109.73M | -157.75M | -145.29M | -138.92M | -142.57M | -144.66M |
| Net Change in Cash | 1.07M▲ 0% | -44K▼ 104.1% | 7.91M▲ 18084.1% | -2.58M▼ 132.5% | 6.17M▲ 339.8% | 14.32M▲ 132.0% | 45.49M▲ 217.6% | -36.94M▼ 181.2% | -27.11M▲ 26.6% | 8.19M▲ 0% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 15.34M | 16.41M | 16.36M | 24.28M | 21.7M | 27.88M | 42.2M | 87.69M | 50.75M | 23.64M |
| Cash at End | 16.41M | 16.36M | 24.28M | 21.7M | 27.88M | 42.2M | 87.69M | 50.75M | 23.64M | 28.37M |
| Free Cash Flow | 109.04M▲ 0% | 142.38M▲ 30.6% | 175.19M▲ 23.0% | 203.9M▲ 16.4% | 303.35M▲ 48.8% | 400.12M▲ 31.9% | 406.03M▲ 1.5% | 342.49M▼ 15.6% | 299.81M▼ 12.5% | 296.95M▲ 0% |
| FCF Growth % | 31.16% | 30.57% | 23.05% | 16.38% | 48.78% | 31.9% | 1.48% | -15.65% | -12.46% | -1.4% |
| FCF / Revenue % | 40.67% | 43.03% | 45.75% | 47.17% | 51.79% | 49.92% | 47.32% | 44.46% | 39.82% | 39.59% |
NSA Key Ratios
National Storage Affiliates Trust (NSA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| FFO per Share | 4.28 | 4.6 | 1.87 | 2.49 | 1.96 | 3.69 | 2.59 | 3.92 | 3.43 | 3.59 |
| FFO Payout Ratio | 25.05% | 25.35% | 68.33% | 54.37% | 49.97% | 58.09% | 50.42% | 57.01% | 66.48% | 47.45% |
| NOI Margin | 68.5% | 68.61% | 72.2% | 71.43% | 73.49% | 73.67% | 73.31% | 72.5% | 45.96% | 53.1% |
| Net Debt / EBITDA | 3.55x | 3.80x | 4.62x | 7.67x | 7.81x | 6.78x | 6.47x | 7.03x | 7.27x | 7.27x |
| Debt / Assets | 42.27% | 46.83% | 50.54% | 57.48% | 53.3% | 58.93% | 62.08% | 64.84% | 67.47% | 0.44% |
| Interest Coverage | 2.38x | 2.34x | 2.14x | 2.30x | 3.06x | 2.70x | 2.44x | 2.21x | 1.73x | - |
| Book Value / Share | 28.62 | 26.31 | 24.95 | 21.48 | 18.45 | 26.18 | 14.56 | 22.95 | 20.01 | 19.13 |
| Revenue Growth | 34.71% | 23.41% | 15.72% | 12.87% | 35.5% | 36.86% | 7.05% | -10.22% | -2.26% | -1.65% |
NSA SEC Filings & Documents
National Storage Affiliates Trust (NSA) SEC filings — annual & quarterly reports (10-K, 10-Q)
NSA Frequently Asked Questions
National Storage Affiliates Trust (NSA) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
National Storage Affiliates Trust (NSA) reported $750.0M in revenue for fiscal year 2025. This represents a 2461% increase from $29.3M in 2012.
National Storage Affiliates Trust (NSA) saw revenue decline by 2.3% over the past year.
Yes, National Storage Affiliates Trust (NSA) is profitable, generating $89.4M in net income for fiscal year 2025 (9.8% net margin).
Dividend & Returns
Yes, National Storage Affiliates Trust (NSA) pays a dividend with a yield of 5.45%. This makes it attractive for income-focused investors.
National Storage Affiliates Trust (NSA) has a return on equity (ROE) of 4.5%. This is below average, suggesting room for improvement.
Industry Metrics
National Storage Affiliates Trust (NSA) generated Funds From Operations (FFO) of $276.8M in the trailing twelve months. FFO is the primary profitability metric for REITs.
National Storage Affiliates Trust (NSA) offers a 5.45% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.
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