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 Profit Bridge
Profitability Analysis
Gross Margin
Strong gross margins indicate healthy pricing and efficient production or service delivery.
Operating Margin
Outstanding operational efficiency. The company generates substantial profit from core operations.
Net Profit Margin
Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.
Effective Tax Rate
Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.
Profitability Insight
Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.
National Storage Affiliates Trust Income Statement
NSA • NYSE
| National Storage Affiliates Trust Income 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||
752.9M | 770.3M | 858.1M | 801.6M | 585.7M | 432.2M | 387.9M | 330.9M | 268.1M | 199M | 133.9M | 77M | 40.2M | 29.3M | |
GROSS PROFIT | ||||||||||||||
(406.9M) | (211.9M) | (229M) | (211M) | (155.3M) | (123.5M) | (110.3M) | (103.9M) | (84.5M) | (64.8M) | (45.4M) | (27.9M) | (18.2M) | (11.7M) | |
346.1M | 558.5M | 629.1M | 590.5M | 430.4M | 308.7M | 277.5M | 227M | 183.7M | 134.2M | 88.5M | 49.1M | 22M | 17.6M | |
OPERATING INCOME | ||||||||||||||
(67.4M) | (261.3M) | (292.4M) | (301M) | (212.2M) | (308.7M) | (150.7M) | (125.4M) | (105.2M) | (76.6M) | (56.9M) | (32M) | (14.1M) | (5.7M) | |
(51.1M) | (57.6M) | (59.3M) | (59.3M) | (51M) | (43.6M) | (44M) | (35.9M) | (30.1M) | (21.5M) | (16.3M) | (9.9M) | (4.7M) | (2.8M) | |
278.6M | 297.2M | 336.7M | 289.5M | 218.2M | 0.0 | 122.3M | 101.7M | 78.5M | 57.7M | 31.6M | 17.1M | 7.9M | 11.8M | |
PRE-TAX INCOME | ||||||||||||||
(162.4M) | (154.3M) | (166.1M) | (110.6M) | (72.1M) | (62.6M) | (56.5M) | (42.7M) | (34.1M) | (24.1M) | (20.8M) | (23M) | (0.0) | (17.1M) | |
-162.4M | -154.3M | -166.1M | -110.6M | -72.1M | -62.6M | -56.5M | -42.7M | -34.1M | -24.1M | -20.8M | -23M | 0.0 | -17.1M | |
(16.3M) | (203.7M) | (233.1M) | (241.7M) | (161.2M) | (265.1M) | (105.1M) | -91K | -58K | -515K | -337K | -1.3M | (0.0) | (39K) | |
-159.3M | -110.1M | -98.1M | -101.1M | -69.6M | 81.1M | -59.5M | -44.5M | -31.3M | -32.4M | -26.6M | -33.4M | -19.7M | -15.3M | |
119.4M | 187M | 238.6M | 188.5M | 148.6M | 81.1M | 67.4M | 57.1M | 47.2M | 24.9M | 4.8M | -16.4M | -11.7M | -3.5M | |
NET INCOME | ||||||||||||||
(3.1M) | (3.8M) | (1.6M) | (4.7M) | (1.7M) | (1.7M) | (1.4M) | (818K) | (1.2M) | (13.6M) | -2M | -16.4M | (0.0) | (0.0) | |
73.8M | 111.5M | 156.7M | 103.7M | 105.3M | 48.6M | 66M | 14.1M | 3M | 18M | 12.4M | 0.0 | -1.3M | -3.5M |
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 |
Related Guides
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Research Paths
Snapshot
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Value Model
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Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.