NSA - NYSE
National Storage Affiliates Trust
$42.37
+0.35%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.
At a Glance
Live SnapshotNational Storage Affiliates Trust Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.
Working Capital Impact
Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.
Cash Flow Quality Insight
Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.
National Storage Affiliates Trust Cash Flow Statement
NSA • NYSE
| National Storage Affiliates Trust Cash Flow Statement | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||
122.5M | 183.3M | 237M | 183.8M | 146.9M | 79.5M | 66M | 56.3M | 46M | 24.9M | 4.8M | -16.4M | -1.3M | -3.5M | |
189.3M | 189.9M | 222M | 233.2M | 158.3M | 117.2M | 105.1M | 89.1M | 75.1M | 55.1M | 40.7M | 23.8M | 9.4M | 3.8M | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 16.1M | 9.2M | 1.7M | 2.4M | 482K | -1.1M | 0.0 | 0.0 | |
12.2M | 8.3M | 6.7M | 6.3M | 5.5M | 4.3M | 4.5M | 3.8M | 3.8M | 2.6M | 3M | 1.5M | 1.1M | 0.0 | |
11M | -18.3M | -40.9M | 15M | 17.1M | 16.5M | 1.5M | 1.1M | 605K | -40K | 2M | 8.6M | -2.2M | 4.6M | |
3.5M | -111K | 16.8M | 5.6M | 3.6M | 3.2M | 3.4M | 2.2M | -2.9M | 10.2M | 467K | 47K | 136K | -52K | |
338.5M | 363.1M | 441.6M | 443.8M | 331.3M | 220.7M | 196.7M | 161.8M | 124.3M | 95.1M | 51.4M | 16.4M | 7.1M | 4.9M | |
INVESTING ACTIVITIES | ||||||||||||||
-38.7M | -53.3M | -35.5M | -43.7M | -28M | -364K | -21.5M | -19.4M | -15.2M | -11.9M | -4.5M | -4M | -2.4M | -880K | |
(0.0) | -74.2M | -16.9M | -55M | -2.9M | -4.4M | -6.6M | -165.6M | -15.3M | -102.9M | (0.0) | (0.0) | (0.0) | (0.0) | |
(0.0) | (0.0) | (0.0) | -551.4M | (0.0) | (0.0) | -12.7M | -479.4M | -406.9M | -615.5M | -172M | (0.0) | (0.0) | (0.0) | |
0.0 | 0.0 | 0.0 | 11M | 0.0 | 7.6M | 5.4M | 5.3M | 17.5M | 4.8M | 141K | 0.0 | 0.0 | 0.0 | |
58.5M | 552.9M | 213.6M | 55M | -2B | -512.5M | -357.7M | -329.4M | -378.8M | -528M | -172.4M | -228M | -99.9M | 3.7M | |
(19.9M) | (425.4M) | (161.1M) | -584.2M | -2B | -509.7M | -393M | -514.5M | -409.3M | -642.9M | -176.9M | -232M | -102.3M | (2.8M) | |
FINANCING ACTIVITIES | ||||||||||||||
0.0 | -284.7M | -310.2M | -90.1M | 901.1M | 83.6M | 71.9M | 176.8M | 148.4M | 380.6M | 279.9M | 527K | 0.0 | 0.0 | |
-47.5M | -209.5M | 108.2M | 611.6M | 1B | 383.4M | 260.4M | 315.3M | 81.8M | 253.9M | -98.8M | 228.9M | 101.7M | -8.1M | |
-195.4M | -192.3M | -209.9M | -209.1M | -144.8M | -103.2M | -86.9M | -72.5M | -50M | -26.7M | -12.4M | -12.6M | (0.0) | -623K | |
(0.0) | -284.7M | -310.2M | -90.1M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-142.6M | -138.9M | -145.3M | -157.8M | -109.7M | -77.2M | -84.7M | -66.9M | -60.7M | -54.1M | -45.3M | -15.5M | 5.5M | -660K | |
-385.5M | -825.4M | -557.2M | 154.6M | 1.7B | 286.5M | 204.3M | 352.6M | 286.1M | 553.7M | 123.2M | 213.4M | 107.1M | -8.7M | |
CASH FLOW SUMMARY | ||||||||||||||
-27.1M | -36.9M | 45.5M | 14.3M | 6.2M | -2.6M | 7.9M | -44K | 1.1M | 5.9M | -2.3M | -2.2M | 12M | -986K | |
50.8M | 87.7M | 42.2M | 27.9M | 21.7M | 24.3M | 16.4M | 16.4M | 15.3M | 6.7M | 9M | 11.2M | 2.8M | 3.8M | |
23.6M | 50.8M | 87.7M | 42.2M | 27.9M | 21.7M | 24.3M | 16.4M | 16.4M | 12.6M | 6.7M | 9M | 14.7M | 2.8M | |
299.8M | 342.5M | 406M | 400.1M | 303.3M | 203.9M | 175.2M | 142.4M | 109M | 83.1M | 46.9M | 12.4M | 4.7M | 4M |
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 | |
8-K 8-K 2026 N/A | May 05, 2026 | May 05, 2026 | 2026 | |
10-K/A 10-K/A 2025 FY (Amended) FY | April 22, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 17, 2026 | March 15, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 16, 2026 | March 16, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 26, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 25, 2026 | February 25, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | November 04, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 03, 2025 | November 03, 2025 | 2025 | |
10-Q 10-Q 2025 Q2 Q2 | August 05, 2025 | June 30, 2025 | 2025 |
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