Skip to main content
Back
NSA logo

National Storage Affiliates Trust

Data quality: 100%
NSA
NYSE Real Estate REIT - Industrial
$37.82
▲ $0.70 (1.89%)
Mkt Cap: 2.91B
Day Range
$37.09 $38.42
52-Week Range
$27.43 $41.37
Volume
2,379,418
50D / 200D Avg
$33.69 / $31.48
Prev Close
$37.12

Price History

Financial Trends

Peer Comparison

vs Real Estate sector median (361 peers)

Metric Stock Sector Median
P/E 39.5 11.2
P/B 3.1 0.8
ROE % 7.3 6.1
Net Margin % 9.8 19.9
Rev Growth 5Y % 6.5 6.9
D/E 3.6 0.9

Analyst Price Target

Hold
$32.00 -15.4%
Low: $29.00 High: $33.00
Forward P/E
69.0
Forward EPS
$0.55
EPS Growth (est.)
+0.0%
Est. Revenue
740 M

Earnings Estimates

Period EPS Est. Revenue Est. Analysts
FY2030 $0.76
$0.75 – $0.77
910 M 1
FY2029 $0.76
$0.75 – $0.77
860 M 1
FY2028 $0.55
$0.55 – $0.56
730 M 1

Key Takeaways

Revenue grew 6.48% annually over 5 years — modest growth
Earnings declined -33.84% over the past year
Debt/Equity of 3.62 — high leverage
Generating 299.81M in free cash flow
P/E of 39.46 — premium valuation
Revenue growth is decelerating — 1Y growth trails 5Y average by 8.74%

Growth

Revenue Growth (5Y)
6.48%
Revenue (1Y)-2.26%
Earnings (1Y)-33.84%
FCF Growth (3Y)-14.07%

Quality

Return on Equity
7.30%
ROIC4.78%
Net Margin9.80%
Op. Margin37.01%

Safety

Debt / Equity
3.62
Current Ratio0.11
Interest Coverage1.72

Valuation

P/E Ratio
39.46
P/B Ratio3.08
EV/EBITDA22.67
Dividend Yield0.09%

All Fundamental Metrics

Growth
Revenue Growth (1Y) -2.26% Revenue Growth (3Y) -6.33%
Earnings Growth (1Y) -33.84% Earnings Growth (3Y) -31.37%
Revenue Growth (5Y) 6.48% Earnings Growth (5Y) -8.50%
Profitability
Revenue (TTM) 752.93M Net Income (TTM) 73.78M
ROE 7.30% ROA 1.45%
Gross Margin 45.96% Operating Margin 37.01%
Net Margin 9.80% Free Cash Flow (TTM) 299.81M
ROIC 4.78% FCF Growth (3Y) -14.07%
Safety
Debt / Equity 3.62 Current Ratio 0.11
Interest Coverage 1.72 Dividend Yield 0.09%
Valuation
P/E Ratio 39.46 P/B Ratio 3.08
P/S Ratio 3.87 PEG Ratio -0.72
EV/EBITDA 22.67 Dividend Yield 0.09%
Market Cap 2.91B Enterprise Value 6.32B

Income Statement

Annual, most recent first

Income statement data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 752.93M 770.34M 858.06M 801.57M 585.67M
Net Income 73.78M 111.52M 156.67M 103.74M 105.25M
EPS (Diluted) 0.70 1.18 1.48 0.99 1.09
Gross Profit 346.06M 558.48M 629.08M 590.54M 430.41M
Operating Income 278.64M 297.16M 336.70M 289.54M 218.24M

Balance Sheet

Annual, most recent first

Balance sheet data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 5.08B 5.35B 5.93B 6.07B 5.56B
Total Liabilities 3.55B 3.59B 3.81B 3.68B 3.08B
Shareholders' Equity 946.04M 1.08B 1.42B 1.65B 1.78B
Total Debt 3.43B 3.47B 3.68B 3.58B 2.96B
Cash & Equivalents 23.64M 50.41M 64.98M 35.31M 25.01M
Current Assets 41.67M 89.06M 674.71M 91.03M 50.56M
Current Liabilities 376.67M 561.97M 501.12M 599.59M 571.47M