NSA - NYSE

National Storage Affiliates Trust

NSA·NYSE

$42.37

+0.35%

Real EstateREIT - Industrial

National 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.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$3.27B

EPS0.7000

P/E Ratio29.30

Earnings Date08/03/2026

5.08B

Assets

-5%

3Y-16.0%

5Y+45.0%

10Y+168.0%

3.55B

Total Liabilities

-1%

3Y-4.0%

5Y+70.0%

10Y+288.0%

1.53B

Total Equity

-13%

3Y-36.0%

5Y+7.0%

10Y+57.0%

National Storage Affiliates Trust Funding & Solvency Profile

NSA · NYSE

Current Assets

Cash & Cash Equivalents23.64M

Net Receivables18.03M

Inventory0.00

Other Current Assets0.00

Total Current Assets42 M

Non-Current Assets

Property, Plant & Equipment20.57M

Goodwill & Intangible Assets107.06M

Long-Term Investments4.84B

Other Non-Current Assets-4.95B

Total Non-Current Assets-86496000

Total Assets

5.08B

Financial Health Analysis

Current Ratio

0.11x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

2.31x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-335000000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

1% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

National Storage Affiliates Trust Balance Sheet

NSA • NYSE

National Storage Affiliates Trust Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	23.6M	50.4M	65M	35.3M	25M	18.7M	20.6M	13.2M	13.4M	12.6M	6.7M	9M	11.2M	2.8M
Cash & Short-Term Investments	23.6M	50.4M	65M	35.3M	25M	18.7M	20.6M	13.2M	13.4M	12.6M	6.7M	9M	11.2M	2.8M
Net Receivables	18M	26.9M	22.1M	22.7M	13.1M	2.7M	10.3M	3.4M	4.5M	3.6M	1.3M	979K	594K	378K
Accounts Receivables	18M	8.7M	9.8M	13.1M	6.2M	2.7M	2.8M	3.4M	2.3M	1.9M	1.1M	979K	523K	378K
Other Receivables	0.0	18.2M	12.2M	9.6M	6.9M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Inventory	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-14.3M	1.6M	13.9M	-2.8M	0.0	-125K	0.0
Prepaids	0.0	0.0	0.0	0.0	9.6M	0.0	4.8M	0.0	-8.4M	-5.5M	0.0	0.0	0.0	328K
Other Current Assets	0.0	11.7M	587.7M	33M	2.9M	18.9M	3.7M	7.4M	7M	4.6M	4.2M	3.1M	3.3M	2.7M
Total Current Assets	41.7M	89.1M	674.7M	91M	50.6M	40.3M	39.4M	16.4M	18M	29.3M	9.4M	15.3M	15.1M	6.2M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	20.6M	24M	25M	25.4M	24.4M	3.2B	29.7M	22.6M	6.5M	1.7M	1.3M	968K	346.3M	172.3M
Goodwill	0.0	8.2M	8.2M	8.2M	8.2M	8.2M	5.8M	5.8M	5.8M	5.8M	0.0	0.0	0.0	0.0
Intangible Assets	107.1M	146.3M	56.7M	46.2M	69.3M	38.6M	29.5M	16.3M	19.6M	23M	4.2M	7.7M	2.8M	0.0
Goodwill & Intangible Assets	107.1M	154.5M	64.9M	54.4M	77.5M	46.8M	35.3M	22.1M	25.3M	28.8M	4.2M	7.7M	2.8M	0.0
Long-Term Investments	4.8B	246.2M	211.4M	227.4M	188.2M	202.5M	221.8M	245.1M	89.1M	81.5M	331K	0.0	0.0	0.0
Tax Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2.3B	2.1B	1.7B	-331K	0.0	0.0	0.0
Other Non-Current Assets	-4.9B	4.8B	5B	5.7B	5.2B	3.6M	2.8B	75.1M	52.6M	44.7M	1.1B	808.8M	4.1M	983K
Total Non-Current Assets	20.6M	5.3B	5.3B	6B	5.5B	3.5B	3B	2.7B	2.2B	1.9B	1.1B	817.4M	353.2M	173.3M
Other Assets	5B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Assets	5.1B	5.4B	5.9B	6.1B	5.6B	3.5B	3.1B	2.7B	2.3B	1.9B	1.1B	832.7M	368.3M	179.5M
LIABILITIES
CURRENT LIABILITIES
Total Payables	0.0	0.0	0.0	0.0	59.3M	47M	0.0	33.1M	24.5M	21.6M	9.7M	8.9M	0.0	0.0
Accounts Payable	0.0	0.0	0.0	0.0	59.3M	47M	0.0	33.1M	24.5M	21.6M	9.7M	2.2M	0.0	0.0
Other Payables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	6.8M	0.0	0.0
Short Term Debt	376.7M	443.3M	381M	496M	490M	0.0	0.0	0.0	0.0	0.0	0.0	137M	149.2M	0.0
Capital Lease Obligations (Current)	0.0	0.0	0.0	0.0	0.0	1.9M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Revenue	0.0	20M	27.4M	23.2M	22.2M	0.0	15.5M	15.7M	12.7M	12.5M	5.5M	4.2M	2.3M	1.2M
Other Current Liabilities	0.0	98.7M	92.8M	80.4M	0.0	0.0	38M	-33.1M	-24.5M	-21.6M	-6.5M	37.1M	-145.6M	308K
Total Current Liabilities	376.7M	562M	501.1M	599.6M	571.5M	49M	53.5M	188.4M	125.6M	280.6M	15.2M	187.2M	8.5M	4M
NON-CURRENT LIABILITIES
Long Term Debt	3B	3B	3.3B	3.1B	2.5B	2B	1.5B	0.0	0.0	632.5M	379.8M	431.5M	281.6M	164.9M
Deferred Revenue (Non-Current)	19.9M	0.0	0.0	0.0	0.0	0.0	15.5M	15.7M	12.7M	12.5M	5.5M	4.2M	2.3M	1.2M
Deferred Tax Liabilities (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-999.1M	-781.1M	-386M	-372.9M	-255.2M	-2.3M	-1.2M
Other Non-Current Liabilities	98.7M	471K	3.5M	483K	33.8M	16.4M	4.4M	1.1B	856.9M	255.7M	185.3M	117.3M	17.2M	21.5M
Total Non-Current Liabilities	3.2B	3B	3.3B	3.1B	2.5B	2B	1.6B	1.1B	869.6M	632.5M	570.6M	431.5M	304.6M	187.6M
Capital Lease Obligations	20.4M	22.9M	24.2M	25.7M	24M	24.8M	24.7M	172.5M	172.5M	0.0	0.0	0.0	0.0	0.0
Total Liabilities	3.5B	3.6B	3.8B	3.7B	3.1B	2.1B	1.6B	1.3B	995.2M	913M	585.8M	618.6M	313.1M	191.6M
SHAREHOLDERS' EQUITY
Preferred Stock	341.1M	340.9M	340.7M	225.4M	218.4M	218.3M	218.2M	172.5M	172.5M	0.0	0.0	0.0	0.0	0.0
Common Stock	771K	763K	823K	898K	912K	713K	597K	567K	503K	431K	230K	0.0	0.0	0.0
Additional Paid-In Capital	1.3B	1.2B	1.5B	1.8B	1.9B	1.1B	905.8M	844.3M	711.5M	576.4M	236.4M	0.0	0.0	0.0
Retained Earnings	-652.2M	-530.7M	-449.9M	-396.7M	-291.3M	0.0	-197.1M	-114.1M	-55.7M	-8.7M	11K	0.0	0.0	-12.2M
Accumulated Other Comprehensive Income/Loss	4.4M	15.5M	21.1M	40.5M	-19.6M	-300.8M	-7.8M	13.6M	12.3M	9M	0.0	0.0	0.0	0.0
Other Total Stockholders' Equity	4.4M	0.0	0.0	0.0	0.0	-2.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Stockholders' Equity	946M	1.1B	1.4B	1.6B	1.8B	969M	919.6M	916.8M	841M	577.1M	236.6M	214.1M	55.2M	-12.2M
Total Equity	1.5B	1.8B	2.1B	2.4B	2.5B	1.4B	1.5B	1.4B	1.3B	979.1M	516M	428.2M	110.4M	-12.2M
Minority Interest	587.7M	687.4M	703.7M	740.8M	707.2M	461.5M	532.5M	485.5M	430.5M	402M	279.4M	214.1M	55.2M	0.0
SUMMARY
Total Liabilities & Equity	5.1B	5.4B	5.9B	6.1B	5.6B	3.5B	3.1B	2.7B	2.3B	1.9B	1.1B	832.7M	368.3M	179.5M
Total Investments	4.8B	246.2M	211.4M	227.4M	188.2M	202.5M	221.8M	245.1M	89.1M	81.5M	331K	0.0	0.0	0.0
Total Debt	3.4B	3.5B	3.7B	3.6B	3B	2B	1.6B	1.3B	958.1M	879M	570.6M	597.7M	281.6M	164.9M
Net Debt	3.4B	3.4B	3.6B	3.5B	2.9B	2B	1.5B	1.3B	944.7M	866.4M	563.9M	588.7M	270.4M	162.1M
Shares Outstanding	76,960,767	76,960,767	76,960,767	76,960,767	76,960,767	76,960,767	76,960,767	76,960,767	76,960,767	76,960,767	76,960,767	76,960,767	76,960,767	76,960,767

SEC Filings

NSA - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-Q 10-Q 2026 Q1 Q1	May 05, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 05, 2026	May 05, 2026	2026	View Filing
10-K/A 10-K/A 2025 FY (Amended) FY	April 22, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	March 17, 2026	March 15, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 16, 2026	March 16, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 26, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 25, 2026	February 25, 2026	2026	View Filing
10-Q 10-Q 2025 Q3 Q3	November 04, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 03, 2025	November 03, 2025	2025	View Filing
10-Q 10-Q 2025 Q2 Q2	August 05, 2025	June 30, 2025	2025	View Filing

Showing 1 to 10 of 202 filings

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