National Storage Affiliates Trust NSA

Latest FY: 2025 Real Estate REIT - Industrial
Market Price $44.00
Market Cap $6.48B
P/E Ratio 63.77
Quick Peer Compare (Real Estate):
Revenue (FY 2025) ↓-2.3% YoY
$752.93M
3-Yr CAGR: -2.1%
Net Income ↓-33.8% YoY
$73.78M
Net Margin: 9.8%
Free Cash Flow ↓-12.6% YoY
$299.25M
FCF Yield: 4.62%
EPS (Diluted) ↓-41.5% YoY
$0.69
Basic: $0.69
Return on Equity Efficiency
7.8%
ROA: 1.5%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (NSA)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $199.0M $79.2M $18.0M $0.31 $95.1M
FY 2017 $268.1M +34.7% $108.6M $3.0M -83.5% $0.01 -96.8% $124.3M
FY 2018 $330.9M +23.4% $227.0M $14.1M +376.5% $0.07 +600.0% $161.8M
FY 2019 $387.9M +17.2% $277.5M $4.0M -71.8% $-0.15 -314.3% $196.7M
FY 2020 $432.2M +11.4% $308.7M $48.6M +1,120.4% $0.53 +453.3% $220.7M
FY 2021 $585.7M +35.5% $430.4M $105.3M +116.5% $0.98 +84.9% $331.3M
FY 2022 $801.6M +36.9% $590.5M $103.7M -1.4% $0.99 +1.0% $443.8M $400.1M
FY 2023 $858.1M +7.0% $629.1M $156.7M +51.0% $1.48 +49.5% $441.6M $406.0M +1.5%
FY 2024 $770.3M -10.2% $558.5M $111.5M -28.8% $1.18 -20.3% $363.1M $342.5M -15.6%
FY 2025 $752.9M -2.3% $535.4M $73.8M -33.8% $0.69 -41.5% $338.5M $299.3M -12.6%
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Valuation

Market Price $44.00
Market Cap $6.48B
Enterprise Value N/A
P/E Ratio 63.77
P/B Ratio 6.85
FCF Yield 4.62%
Dividend Yield 5.18%
Shares Outstanding 147,233,732
%

Profitability & Margins

Gross Margin 71.11%
Operating Margin 0.12%
Net Margin 9.80%
Return on Equity (ROE) 7.80%
Return on Assets (ROA) 1.45%
Asset Turnover 0.15x
Revenue 3-Yr CAGR -2.07%
🛡️

Financial Health & Liquidity

Current Ratio N/A
Cash Ratio N/A
Debt / Equity N/A
Debt / Assets N/A
Cash & Equivalents $23.33M
Total Debt N/A
Book Value / Share $6.43
💧

Cash Flow Efficiency

Operating Cash Flow $338.50M
Capital Expenditures (CapEx) $39.25M
Free Cash Flow $299.25M
OCF / Revenue 44.96%
FCF / Revenue 39.75%
FCF 3-Yr CAGR -9.23%
🏷️

Per Share Metrics

EPS (Diluted) $0.69
EPS (Basic) $0.69
Dividends / Share $2.28
Book Value / Share $6.43
EPS YoY Growth -41.53%
🏛️

Balance Sheet (FY 2025)

Total Assets $5.08B
Total Liabilities $3.55B
Stockholders' Equity $946.04M
Current Assets N/A
Current Liabilities N/A