National Storage Affiliates Trust

NSA

National Storage Affiliates Trust

NSA

Insider Sentiment (TTM):

Last Purchase:2025-03-06Last Sale:2022-03-16Shares Purchased (TTM):0Shares Sold (TTM):0

Institutional Sentiment:

As of:2026-03-31Institutional Shares Owned:64,417,837Shares Outstanding:77,093,000Institutional Ownership Pct.:83.56%

Earnings Market Reaction:

Filing Date:2026-05-05Price on Filing Date:N/APrevious Close:N/A% Change:N/A

Subscribe to unlock 17+ years of financial data

Start 7-day free trial

Subscribe to unlock 17+ years of data

Start free trial

Financial Statements

10‑Q10‑K

Values in Millions ($)	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30
Assets
Real Estate Investment Pr…
Real Estate Investment Property At Cost	5,833	5,815	5,842	5,827	5,873	5,864	5,821	5,818	5,798	5,792	6,617	6,579
Real Estate Investment Property Accumulated Deprec…	-1,257	-1,214	-1,176	-1,131	-1,096	-1,052	-1,007	-962	-920	-874	-931	-878
Real Estate Investment Property Net	4,576	4,601	4,666	4,696	4,778	4,812	4,815	4,856	4,878	4,918	5,686	5,701
Cash And Cash Equivalents At Carrying Value	28	23	26	26	19	50	70	59	64	65	59	44
Restricted Cash And Cash Equivalents	1	0	2	2	1	0	9	8	25	23	2	3
Deferred Finance Costs Net	2	3	4	4	5	6	6	7	8	8	9	10
Equity Method Investments	227	232	235	231	236	246	257	230	240	211	215	219
Other Assets	178	185	189	195	196	218	211	139	130	134	172	161
Assets Held For Sale Not Part Of Disposal Group	1	15	-	6	-	0	0	0	0	550	-	-
Operating Lease Right Of Use Asset	20	21	20	21	21	21	22	22	22	22	23	23
Assets	5,034	5,080	5,142	5,181	5,255	5,354	5,390	5,321	5,367	5,932	6,165	6,161
Liabilities And Stockhold…
Liabilities
Debt Longterm And Shortterm Combined Amount	3,417	3,405	3,403	3,403	3,427	3,449	3,428	3,366	3,286	3,658	3,847	3,640
Accounts Payable And Accrued Liabilities Current A…	98	95	110	94	92	99	108	93	88	93	109	87
Derivative Liabilities	1	4	4	4	1	0	8	0	0	3	0	0
Operating Lease Liability	22	23	22	23	23	23	23	24	24	24	25	25
Deferred Revenue	21	20	20	21	20	20	21	21	22	27	27	25
Liabilities	3,559	3,546	3,560	3,544	3,563	3,591	3,589	3,504	3,420	3,806	4,008	3,777
Stockholders Equity Inclu…
Preferred Stock Value Outstanding	344	341	341	341	341	341	341	-	-	341	-	-
Common Stock Value Outstanding	1	1	1	1	1	1	1	1	1	1	1	1
Additional Paid In Capital	1,246	1,252	1,252	1,250	1,249	1,249	1,125	1,294	1,348	1,510	1,539	1,693
Retained Earnings Accumulated Deficit	-684	-652	-626	-596	-566	-531	-499	-470	-440	-450	-469	-446
Accumulated Other Comprehensive Income Loss Net Of…	6	4	5	6	9	16	20	26	28	21	44	37
Stockholders Equity	1,475	1,534	1,582	1,002	1,034	1,763	987	1,191	1,947	1,422	2,157	1,625
Minority Interest	562	588	609	636	658	687	814	626	670	704	700	759
Liabilities And Stockholders Equity	5,034	5,080	5,142	5,181	5,255	5,354	5,390	5,321	5,367	5,932	6,165	6,161
Series A Preferred Stock	-	-	-	-	-	-	-	0	0	0	0	0
Series B Preferred Stock	-	-	-	-	-	-	-	0	0	0	0	0
Preferred Stock Par Or Stated Value Per Share	0.01	0.01	0.01	0.01	0.01	0.01	0.01	-	-	0.01	-	-
Preferred Stock Shares Authorized	50	50	50	50	50	50	50	-	-	50	-	-
Preferred Stock Shares Outstanding	15	15	15	15	15	15	15	-	-	15	-	-
Preferred Stock Shares Issued	15	15	15	15	15	15	15	-	-	15	-	-
Common Stock Par Or Stated Value Per Share	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Common Stock Shares Authorized	250	250	250	250	250	250	250	250	250	250	250	250
Shares Outstanding	77	77	77	77	76	76	76	75	77	82	83	89
Common Stock Shares Issued	77	77	77	77	76	76	76	75	77	82	83	89

Subscribe to unlock 17+ years of financial data, unlimited metrics, and saved tables

Start 7-day free trial

Subscribe to unlock 17+ years of data, unlimited metrics, and saved tables

Start free trial

Custom Table

10‑Q10‑K

0/5

Search a metric to start building a table

Subscribe to unlock 17+ years of financial data, unlimited metrics, transformations, and saved visuals

Start 7-day free trial

Subscribe to unlock 17+ years of data, unlimited metrics, transformations, and saved visuals

Start free trial

Interactive Financial Visualizations

10‑Q10‑K

Stock Price:

OnOff

Transformations:

0/1

Search a metric to start building a visual

Subscribe to unlock 17+ years of financial data

Start 7-day free trial

Subscribe to unlock 17+ years of data

Start free trial

Earnings Market Reaction

10‑Q10‑K

Fiscal Year	Q1 1 Month	Q1 2 Month	Q1 3 Month	Q2 1 Month	Q2 2 Month	Q2 3 Month	Q3 1 Month	Q3 2 Month	Q3 3 Month	Q4 1 Month	Q4 2 Month	Q4 3 Month
2026	1.79%	9.79%	-	-	-	-	-	-	-	-	-	-
2025	-4.39%	-10.05%	-11.24%	6.40%	2.09%	6.09%	-1.37%	-4.67%	11.58%	9.71%	27.91%	21.23%
2024	0.50%	19.94%	25.45%	10.24%	13.24%	2.26%	5.22%	-9.00%	-11.96%	-0.63%	-4.25%	-4.36%
2023	-	-	-	5.96%	0.66%	-9.93%	11.49%	41.14%	28.96%	7.09%	1.43%	8.83%
Earnings Market Reaction data beyond 3 years is for subscribers only. Unlock the full earnings market reaction history Start 7-day free trial

Subscribe to unlock 17+ years of financial data and 90+ calculated metrics

Start 7-day free trial

Subscribe to unlock 17+ years of data and 90+ calculated metrics

Start free trial

Performance and Valuation Metrics

Rows marked with a lock icon are subscribers only — subscribe to unlock 90+ calculated metrics and 17+ years of history.

Metrics	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30
Leverage & Debt
Interest Coverage TTM	-0.27	-0.27	-0.88	-0.78	-0.65	-0.39	-0.08	-0.02	-0.08	-0.16	-0.30	-0.36
Per Share Metrics
Diluted EPS TTM	1.50	1.52	0.21	0.42	0.66	1.19	1.92	2.12	1.09	0.94	0.72	0.96
Free Cash Flow Per Share TTM	3.85	3.91	4.12	4.31	4.40	4.48	4.69	4.99	4.92	4.69	4.67	4.47
Dividend Per Share TTM	2.27	2.28	2.27	2.27	2.25	2.24	2.30	2.37	2.32	2.20	2.23	2.24
Margin Metrics
Gross Profit Margin TTM	-4.84%	-739.59%	230.93%	233.28%	230.99%	-674.26%	79.01%	73.70%	73.15%	73.31%	72.01%	77.90%
Operating Profit Margin TTM	62.03%	460.72%	-65.50%	-67.95%	-68.93%	683.56%	25.82%	33.08%	34.62%	27.80%	22.74%	18.06%
Net Profit Margin TTM	56.66%	448.74%	-9.46%	-19.91%	-30.95%	332.84%	14.14%	18.83%	17.86%	16.04%	13.10%	8.43%
Growth Metrics
Net Revenue Growth (1Y)	-226.24%	-5.30%	-116.17%	-119.15%	-119.15%	-96.81%	27.97%	-15.88%	-15.66%	7.05%	-1,586.57%	-1,012.29%
Net Income Growth (1Y)	131.12%	27.67%	-89.19%	-79.75%	-66.83%	-33.84%	38.21%	87.96%	39.01%	52.42%	0.92%	-22.53%
EPS Growth (1Y)	128.96%	28.01%	-89.33%	-80.10%	-65.15%	-25.23%	58.73%	120.85%	55.05%	60.13%	6.10%	-19.70%
Calculated Values
Free Cash Flow TTM	296.86M	299.81M	316.16M	329.94M	335.68M	344.41M	355.64M	375.23M	394.67M	407.35M	406.64M	394.59M
Net Debt	-28.37M	-23.64M	-27.87M	-27.95M	-20.18M	-50.75M	-78.43M	-67.04M	-89.08M	-87.69M	-60.65M	-47.32M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
PEG Ratio
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
EV Revenue TTM
EV FCF TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

Subscribe to unlock 17+ years of financial data

Start 7-day free trial

Subscribe to unlock 17+ years of data

Start free trial

Insider Transactions

2025-03-06Purchase

Owner: Schall, Michael J

Title: -

Shares: 4,000

Price/Share: $38.54

Value: $154,160.00

Shares Owned: 6,000

Relationship: Director

Ownership: Direct

2024-06-07Purchase

Owner: Meisinger, Chad Leroy

Title: -

Shares: 18,405

Price/Share: $37.74

Value: $694,604.70

Shares Owned: 114,155

Relationship: Director

Ownership: Direct

2023-12-11Purchase

Owner: Nordhagen, Arlen Dale

Title: Vice Chairperson

Shares: 6,500

Price/Share: $36.50

Value: $237,250.00

Shares Owned: 4,027,726

Relationship: Director,Officer

Ownership: Direct

2023-12-05Purchase

Owner: Nordhagen, Arlen Dale

Title: Vice Chairperson

Shares: 10,000

Price/Share: $35.92

Value: $359,200.00

Shares Owned: 4,029,626

Relationship: Director,Officer

Ownership: Direct

2023-11-13Purchase

Owner: Fischer, Tamara D

Title: Executive Chair

Shares: 608

Price/Share: $29.68

Value: $18,045.44

Shares Owned: 18,000

Relationship: Director,Officer

Ownership: Direct

Filed Date	Owner	Relationship	Title	Ownership	Purchase/Sale	No. Shares	Price Per Share	Value	Shares Owned	Document Type
2025-03-06	Schall, Michael J	Director	-	Direct	Purchase	4,000	38.54	$154,160.00	6,000	4
2024-06-07	Meisinger, Chad Leroy	Director	-	Direct	Purchase	18,405	37.74	$694,604.70	114,155	4
2023-12-11	Nordhagen, Arlen Dale	Director,Officer	Vice Chairperson	Direct	Purchase	6,500	36.50	$237,250.00	4,027,726	4
2023-12-05	Nordhagen, Arlen Dale	Director,Officer	Vice Chairperson	Direct	Purchase	10,000	35.92	$359,200.00	4,029,626	4
2023-11-13	Fischer, Tamara D	Director,Officer	Executive Chair	Direct	Purchase	608	29.68	$18,045.44	18,000	4
2023-05-26	Nordhagen, Arlen Dale	Director,Officer	Vice Chair	Direct	Purchase	25,000	36.92	$923,000.00	4,012,684	4
2022-12-16	Nordhagen, Arlen Dale	Director,Officer	Executive Chairman	Direct	Purchase	21,500	36.77	$790,555.00	4,086,351	4
2022-12-12	Meisinger, Chad Leroy	Director	-	Direct	Purchase	30,000	38.61	$1,158,300.00	70,750	4
2022-11-07	Warren, J. Timothy	Director	-	Direct	Purchase	4,680	38.00	$177,840.00	55,965	4
2022-11-04	Fischer, Tamara D	Director,Officer	Chief Executive Officer	Direct	Purchase	292	37.78	$11,031.76	17,392	4
2022-11-04	Hylbert, Paul William Jr	Director	-	Indirect	Purchase	1,350	37.52	$50,652.00	16,350	4
2022-11-04	Van, Mourick Mark	Director	-	Direct	Purchase	1,280	37.85	$48,448.00	1,280	4
2022-11-04	Nordhagen, Arlen Dale	Director,Officer	Executive Chairman	Direct	Purchase	53,000	37.88	$2,007,640.00	4,064,851	4
2022-11-04	Cramer, David	Officer	President and COO	Direct	Purchase	10,000	37.88	$378,800.00	1,902,822	4
2022-03-16	Nordhagen, Arlen Dale	Director,Officer	Executive Chairman	Indirect	Sale	170,000	60.71	$10,320,700.00	4,011,851	4
Additional insider transactions are for subscribers only. Unlock the complete Form 4 filing history Start 7-day free trial

Subscribe to unlock 17+ years of financial data

Start 7-day free trial

Subscribe to unlock 17+ years of data

Start free trial

Institutional Ownership

No data available for chart

2026-03-31

83.56%

Inst. Shares: 64,417,837

Shares Outstanding: 77,093,000

2025-12-31

94.42%

Inst. Shares: 72,360,154

Shares Outstanding: 76,638,000

2025-09-30

88.29%

Inst. Shares: 67,762,670

Shares Outstanding: 76,746,000

2025-06-30

85.14%

Inst. Shares: 65,111,376

Shares Outstanding: 76,474,000

2025-03-31

82.36%

Inst. Shares: 62,899,877

Shares Outstanding: 76,372,000

Date	Institutional Shares Owned	Shares Outstanding	Institutional Ownership %
2026-03-31	64,417,837	77,093,000	83.56%
2025-12-31	72,360,154	76,638,000	94.42%
2025-09-30	67,762,670	76,746,000	88.29%
2025-06-30	65,111,376	76,474,000	85.14%
2025-03-31	62,899,877	76,372,000	82.36%
2024-12-31	63,104,573	76,844,000	82.12%
2024-09-30	62,314,193	75,760,000	82.25%
2024-06-30	61,889,901	75,160,000	82.34%
2024-03-31	61,146,909	80,236,000	76.21%
2023-12-31	64,482,487	86,846,000	74.25%
2023-09-30	64,431,940	87,004,000	74.06%
2023-06-30	66,217,762	88,312,000	74.98%
Additional institutional holders are for subscribers only. Unlock the complete Form 13F ownership history Start 7-day free trial

National Storage Affiliates Trust (NSA) — SEC Financial Statements & Analysis

National Storage Affiliates Trust (NSA) is a real estate investment trusts company, incorporated in MD. National Storage Affiliates Trust trades on NYSE as: NSA, NSA-PA, NSA-PB. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), National Storage Affiliates Trust reported a -226.24% year-over-year revenue growth, a Gross Profit Margin of -4.84% (TTM). Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y: -226.24%
Gross Profit Margin TTM: -4.84%

Data as of 2026-03-31 · Source: SEC EDGAR

Frequently Asked Questions

What industry is National Storage Affiliates Trust in?

National Storage Affiliates Trust (NSA) operates in the Real Estate Investment Trusts industry.

What exchange does NSA trade on?

National Storage Affiliates Trust (NSA) trades on the NYSE.

Where is National Storage Affiliates Trust incorporated?

National Storage Affiliates Trust is incorporated in MD.