NSA
National Storage Affiliates Trust
$42.71
-0.07
(-0.16%)
Mkt Cap
3.29B
Volume
476,312
52W Range
27.43-44.015
Sector
Real Estate
Beta
1.09
EPS (TTM)
0.76
P/E Ratio
56.20
Revenue (TTM)
749.98M
Rev Growth (5Y)
+11.7%
EPS Growth (5Y)
+5.7%
AlphaVal · Fair Value
$72.05
Undervalued · Strong
40.7% below fair value
AlphaQuality · Grade
C
Real Estate Investment Trust
53.3 / 100 composite
Company Description
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.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 752.93M | 770.34M | 858.06M | 801.57M | 585.67M | 432.22M | 382.93M | 330.90M | 268.13M | 199.05M | 133.92M | 76.97M |
| Net Income | 73.78M | 111.52M | 156.67M | 103.74M | 105.25M | 48.61M | 3.98M | 14.11M | 2.96M | 17.96M | 12.44M | 0 |
| EPS | 0.70 | 1.18 | 2.48 | 0.99 | 1.13 | 0.53 | 1.13 | 0.26 | 0.01 | 0.60 | 0.80 | 0.00 |
| Free Cash Flow | 299.81M | 342.49M | 406.03M | 400.12M | 303.35M | 203.90M | 175.19M | 142.38M | 109.04M | 83.14M | N/A | N/A |
| FCF / Share | 3.91 | 4.46 | 4.68 | 4.39 | 3.74 | 3.06 | 3.01 | 2.67 | 2.45 | 2.78 | N/A | N/A |
| Operating CF | 338.50M | 363.06M | 441.58M | 443.85M | 331.35M | 220.65M | 196.65M | 161.80M | 124.29M | 95.08M | N/A | N/A |
| Total Assets | 5.08B | 5.35B | 5.93B | 6.07B | 5.56B | 3.51B | 3.08B | 2.73B | 2.27B | 1.89B | N/A | N/A |
| Total Debt | 3.43B | 3.47B | 3.68B | 3.58B | 2.96B | 2.02B | 1.56B | 1.28B | 958.10M | 878.95M | N/A | N/A |
| Cash & Equiv | 23.64M | 50.41M | 64.98M | 35.31M | 25.01M | 18.72M | 24.28M | 13.18M | 13.37M | 12.57M | N/A | N/A |
| Book Value | 946.04M | 1.08B | 1.42B | 1.65B | 1.78B | 968.96M | 919.63M | 916.84M | 841.02M | 577.10M | N/A | N/A |
| Return on Equity | 0.08 | 0.10 | 0.11 | 0.06 | 0.06 | 0.05 | 0.00 | 0.02 | 0.00 | 0.03 | N/A | N/A |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 185.40M | 187.03M | 188.70M | 188.84M | 188.35M | 190.12M | 193.62M | 190.45M | 196.15M | 215.41M | 219.15M | 217.37M |
| Net Income | 17.78M | 22.89M | 18.43M | 19.47M | 12.99M | 16.73M | 18.70M | 17.06M | 59.03M | 69.03M | 29.24M | 29.45M |
| EPS | 0.16 | 0.24 | 0.17 | 0.19 | 0.10 | 0.15 | 0.18 | 0.16 | 0.67 | 0.77 | 0.28 | 0.28 |
| Free Cash Flow | 76.84M | 58.61M | 87.86M | 73.54M | 79.81M | 74.27M | 67.72M | 79.37M | 88.40M | 85.46M | 104.07M | 98.95M |
| FCF / Share | 1.00 | 0.76 | 1.14 | 0.96 | 1.04 | 0.97 | 0.89 | 1.06 | 1.10 | 1.03 | 1.20 | 1.12 |
| Operating CF | 87.44M | 72.81M | 100.19M | 79.88M | 85.63M | 80.14M | 105.71M | 83.22M | 94.00M | 93.99M | 129.40M | 108.43M |
| Total Assets | 5.03B | 5.08B | 5.14B | 5.18B | 5.26B | 5.35B | 5.39B | 5.32B | 5.37B | 5.93B | 6.17B | 6.16B |
| Total Debt | 3.44B | 3.43B | 3.43B | 3.43B | 3.45B | 3.47B | 3.45B | 3.39B | 3.31B | 3.68B | 3.87B | 3.66B |
| Cash & Equiv | 27.65M | 23.64M | 26.30M | 26.12M | 19.27M | 50.41M | 69.89M | 58.98M | 64.23M | 64.98M | 58.85M | 44.02M |
| Book Value | 912.76M | 946.04M | 973.12M | 1.00B | 1.03B | 1.08B | 986.87M | 1.19B | 1.28B | 1.42B | 1.46B | 1.63B |
| Return on Equity | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | 0.01 | 0.05 | 0.05 | 0.02 | 0.02 |
NSA News
Private Equity Is Buying REITs Hand Over Fist
National Storage Affiliates Trust Announces Quarterly Dividends
National Storage (NSA) Surpasses Q1 FFO Estimates
National Storage (NSA) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
National Storage Affiliates Trust Reports First Quarter 2026 Results
The Most Undervalued REITs I Am Buying Right Now
5 Stones intelligence (5Si)® Expands Leadership Team With Senior Experts From CIA, NSA, and Homeland Security Investigations
Public Storage (PSA) Q1 2026 Earnings Call Highlights: Strategic Growth and Operational Efficiency Drive Positive Results
NSA using Anthropic's Mythos model: Report
NSA is using Anthropic's Mythos, report says