National Storage Affiliates Trust (NSA)
NYSE: NSA · Real-Time Price · USD
34.09
+0.10 (0.29%)
Mar 6, 2026, 10:57 AM EST - Market open

NSA Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Rental Revenue
678.49700.25793.97748.81541.55
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Property Management Fees
48.5342.7334.4127.6224.37
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Other Revenue
18.5811.2937.2432.8825.04
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Total Revenue
745.6754.26865.62809.31590.97
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Revenue Growth (YoY
-1.15%-12.86%6.96%36.95%36.64%
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Property Expenses
204.27200.47215.35203.77150.61
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Selling, General & Administrative
71.1372.6174.5869.3157.6
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Depreciation & Amortization
189.32189.86221.99233.16158.31
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Other Operating Expenses
16.2913.8711.632.152.85
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Total Operating Expenses
481.01476.8523.55508.39369.37
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Operating Income
264.59277.47342.07300.93221.59
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Interest Expense
-162.45-154.26-166.15-110.6-72.06
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Other Non-Operating Income
0.930.31-1.02-0.95-0.91
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EBT Excluding Unusual Items
103.08123.52174.9189.38148.63
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Gain (Loss) on Sale of Assets
16.2963.8463.915.47-
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Other Unusual Items
--0.32-0.24-6.39-
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Pretax Income
119.38187.04238.58188.45148.63
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Income Tax Expense
3.13.771.594.691.69
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Earnings From Continuing Operations
116.27183.27236.99183.77146.94
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Minority Interest in Earnings
-42.49-71.75-80.32-80.03-41.68
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Net Income
73.78111.52156.67103.74105.25
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Preferred Dividends & Other Adjustments
20.5220.4919.0813.4813.16
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Net Income to Common
53.2791.03137.5990.2592.09
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Net Income Growth
-33.84%-28.82%51.02%-1.44%116.53%
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Basic Shares Outstanding
7777879181
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Diluted Shares Outstanding
777714691135
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Shares Change (YoY)
-0.27%-47.38%60.04%-32.18%101.99%
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EPS (Basic)
0.701.181.580.991.13
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EPS (Diluted)
0.691.181.480.990.98
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EPS Growth
-41.52%-20.15%49.39%0.58%85.57%
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Dividend Per Share
2.2802.2502.2302.1501.590
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Dividend Growth
1.33%0.90%3.72%35.22%17.78%
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Operating Margin
35.49%36.79%39.52%37.18%37.50%
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Profit Margin
7.14%12.07%15.90%11.15%15.58%
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EBITDA
453.91467.32564.06534.08379.91
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EBITDA Margin
60.88%61.96%65.16%65.99%64.28%
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D&A For Ebitda
189.32189.86221.99233.16158.31
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EBIT
264.59277.47342.07300.93221.59
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EBIT Margin
35.49%36.79%39.52%37.18%37.50%
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Funds From Operations (FFO)
295.01304.12341.53353.89255.39
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FFO Per Share
2.182.402.672.742.24
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Adjusted Funds From Operations (AFFO)
295.01304.12341.53353.89255.39
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FFO Payout Ratio
59.29%56.50%55.90%55.30%51.57%
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Effective Tax Rate
2.60%2.01%0.67%2.49%1.14%
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Revenue as Reported
752.93770.34858.06801.57585.67
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Source: S&P Capital IQ. Real Estate template. Financial Sources.