National Storage Affiliates Trust (NSA) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 87.44M | 72.81M | 100.19M | 79.88M | 85.63M | 80.14M | 105.71M | 83.22M | 94M | 93.99M | 129.4M | 108.43M | 109.75M | 93.9M | 122.9M | 116.98M | 110.07M | 92.7M | 94.39M | 80.19M |
| Operating CF Growth % | 2.12% | -9.15% | -5.22% | -4.01% | -8.91% | -14.74% | -18.31% | -23.26% | -14.35% | 0.1% | 5.29% | -7.3% | -0.28% | 1.3% | 30.2% | 45.88% | 71.79% | 74.87% | 52.34% | 45.8% |
| Operating CF / Revenue % | 47.16% | 38.93% | 53.09% | 42.3% | 45.46% | 42.15% | 54.59% | 43.69% | 47.92% | 43.63% | 59.05% | 49.88% | 52.35% | 44.53% | 58.83% | 58.24% | 58.34% | 52.89% | 61.89% | 57.52% |
| Net Income | 27.68M | 42.98M | 29.02M | 30.96M | 19.52M | 26.13M | 29.77M | 32.28M | 95.09M | 108.06M | 43.06M | 45.48M | 40.39M | 50.38M | 40.18M | 48.42M | 44.79M | 42.9M | 40.73M | 35.67M |
| Depreciation & Amortization | 46.14M | 46.71M | 46.88M | 47.61M | 48.12M | 48.15M | 47.66M | 46.71M | 47.33M | 53.99M | 55.84M | 56.7M | 55.46M | 57.56M | 59.63M | 57.89M | 58.07M | 50.85M | 38.98M | 36.05M |
| Stock-Based Compensation | 2.42M | 2.87M | 3.11M | 3.14M | 3.08M | 2.21M | 1.91M | 2.33M | 1.85M | 1.65M | 1.7M | 1.68M | 1.65M | 1.59M | 1.55M | 1.58M | 1.54M | 1.37M | 1.45M | 1.35M |
| Other Non-Cash Items | 11.2M | -6.37M | 6.14M | 659K | 10.54M | 12.54M | 12.78M | 9.03M | -52.61M | -58.56M | 5.38M | 5.57M | 6.72M | 1.92M | 6.03M | 4.71M | 2.38M | 4.6M | 4.24M | 4.35M |
| Working Capital Changes | 0 | -13.38M | 15.03M | -2.49M | 4.38M | -8.9M | 13.59M | -7.13M | 2.34M | -11.14M | 23.41M | -998K | 5.53M | -17.55M | 15.51M | 4.37M | 3.29M | -7.02M | 8.98M | 2.77M |
| Cash from Investing | -1.44M | 9.02M | -14.71M | 35.22M | -9.67M | -45.49M | -73.75M | -22.75M | 567.4M | 237.04M | -22.31M | -17.45M | -36.17M | -11.15M | -328.09M | -161.41M | -83.52M | -1.01B | -587.65M | -248.74M |
| Acquisitions (Net) | 0 | 12.85M | -8.35M | -4.5M | 0 | 0 | 36.15M | -375K | -35.77M | -16.92M | 16.92M | -16.92M | -16.92M | 1.71M | -1.71M | 0 | 0 | -2.87M | 0 | 0 |
| Purchase of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 61.21M | 0 | 0 | 0 | 0 | 0 | -26.84M | -7.62M | -315.49M | -153.19M | 0 | 0 | 0 | 0 |
| Sale of Investments | 0 | 0 | 0 | 0 | 0 | 0 | -616.81M | 0 | 0 | 0 | 0 | 0 | 16.92M | 4.8M | 315.49M | 0 | 0 | 0 | 0 | 0 |
| Other Investing | 9.06M | 10.37M | 5.96M | 46.06M | -3.85M | -39.61M | 483.69M | -18.52M | 608.78M | 262.5M | -13.91M | 8.96M | -200K | -959K | -312.61M | 4.08M | -74.93M | -1B | -587.37M | -248.6M |
| Cash from Financing | -81.27M | -86.06M | -85.55M | -107.33M | -106.53M | -62.32M | -20.57M | -82.51M | -660.01M | -303.99M | -93.76M | -95.5M | -63.94M | -77.97M | 206.99M | 50.9M | -25.28M | 873.84M | 540.88M | 171.71M |
| Dividends Paid | -43.97M | -49.01M | -48.92M | -48.75M | -48.69M | -48.59M | -47.72M | -47.09M | -48.86M | -50.32M | -52.03M | -55.15M | -52.42M | -52.93M | -53.35M | -53.85M | -48.99M | -44.1M | -39.74M | -32.68M |
| Common Dividends | 0 | -43.89M | -43.8M | -43.64M | -43.57M | -43.48M | -42.61M | -41.98M | -43.75M | -46.06M | -46.64M | -49.45M | -48.76M | -49.55M | -49.97M | -50.47M | -45.71M | -40.82M | -36.47M | -29.4M |
| Debt Issuance (Net) | 0 | 857K | -50K | -1000K | -1000K | 1000K | 1000K | 1000K | -1000K | -1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Share Repurchases | 0 | 0 | -3.14M | -125K | 0 | 0 | 0 | -81.17M | -203.53M | -27.4M | -213.44M | 0 | -69.31M | -40.02M | -50.09M | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -37.3M | -37.91M | -33.44M | -36.01M | -34.81M | -33.88M | -37.13M | -33.69M | -34.22M | -38.24M | -34.99M | -36.49M | -35.57M | -47.91M | -35.47M | -39.17M | -35.2M | -33.68M | -28.16M | -24.77M |
| Net Change in Cash | 4.73M | -4.23M | -79K | 7.77M | -30.58M | -27.67M | 11.39M | -22.04M | 1.39M | 27.05M | 13.33M | -4.51M | 9.64M | 4.79M | 1.8M | 6.47M | 1.27M | -45.73M | 47.63M | 3.17M |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 23.64M | 27.87M | 27.95M | 20.18M | 50.75M | 78.42M | 67.04M | 89.08M | 87.69M | 60.65M | 47.32M | 51.84M | 42.2M | 37.41M | 35.62M | 29.15M | 27.88M | 73.6M | 25.98M | 22.81M |
| Cash at End | 28.37M | 23.64M | 27.87M | 27.95M | 20.18M | 50.75M | 78.42M | 67.04M | 89.08M | 87.69M | 60.65M | 47.32M | 51.84M | 42.2M | 37.41M | 35.62M | 29.15M | 27.88M | 73.6M | 25.98M |
| Free Cash Flow | 76.94M | 58.61M | 87.86M | 73.54M | 79.81M | 74.27M | 67.72M | 79.37M | 88.4M | 85.46M | 104.07M | 98.95M | 100.63M | 84.83M | 109.13M | 104.68M | 101.48M | 84.47M | 87.95M | 72.55M |
| FCF Growth % | -3.59% | -21.08% | 29.74% | -7.35% | -9.72% | -13.1% | -34.93% | -19.79% | -12.15% | 0.74% | -4.64% | -5.47% | -0.85% | 0.43% | 24.07% | 44.29% | 73.85% | 70.2% | 53% | 41.8% |
| FCF / Revenue % | 41.5% | 31.34% | 46.56% | 38.94% | 42.37% | 39.06% | 34.98% | 41.67% | 45.07% | 39.67% | 47.49% | 45.52% | 47.99% | 40.23% | 52.24% | 52.12% | 53.79% | 48.19% | 57.66% | 52.04% |