$NSA Market Cap: $5.87 Billion
Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue
$580.2M
TTM
Gross Margin
72.5%
TTM
Net Earnings
$89.68M
TTM
Current Assets
Current Liabilities
Current Ratio
Total Assets
$5.354B
Q4 2024
Total Liabilities
$3.591B
Q4 2024
Book Value
$1.763B
Q4 2024
Cash
$50.41M
Q4 2024
P/E
65.45
Dec 04, 2024 EST
Free Cash Flow
$210.4M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $770.3M $858.1M $801.6M $585.7M $432.2M $387.9M $330.9M $268.1M $199.0M $133.9M $76.97M $40.20M
YoY Change -10.22% 7.05% 36.86% 35.5% 11.43% 17.23% 23.41% 34.71% 48.63% 73.99% 91.47% 37.2%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $770.3M $858.1M $801.6M $585.7M $432.2M $387.9M $330.9M $268.1M $199.0M $133.9M $76.97M $40.20M
Cost Of Revenue $211.9M $229.0M $211.0M $155.3M $123.5M $110.3M $103.9M $84.46M $64.80M
Gross Profit $558.5M $629.1M $590.5M $430.4M $308.7M $277.5M $227.0M $183.7M $134.2M
Gross Profit Margin 72.5% 73.31% 73.67% 73.49% 71.43% 71.55% 68.61% 68.5% 67.45%

Selling, General & Admin Expense

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Selling, General & Admin $288.3M $270.3M $206.3M $167.1M $155.9M $140.1M $114.5M $86.30M $61.70M $36.10M $19.50M
YoY Change 6.63% 31.06% 23.44% 7.18% 11.28% 22.36% 32.68% 39.87% 70.91% 85.13% 43.38%
% of Gross Profit 45.82% 45.78% 47.92% 54.12% 56.17% 61.71% 62.34% 64.28%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $222.0M $233.2M $158.3M $117.2M $105.1M $89.10M $75.10M $55.10M $40.70M $23.80M $9.400M
YoY Change -4.79% 47.28% 35.08% 11.51% 17.96% 18.64% 36.3% 35.38% 71.01% 153.19% 147.37%
% of Gross Profit 35.29% 39.48% 36.78% 37.96% 37.87% 39.25% 40.89% 41.04%
Operating Expenses $521.9M $512.0M $367.4M $285.1M $261.1M $229.2M $189.6M $141.4M $102.3M $59.89M $28.80M
YoY Change 1.93% 39.35% 28.88% 9.19% 13.9% 20.89% 34.12% 38.17% 70.87% 107.94% 65.52%
Operating Profit $107.2M $78.51M $62.98M $23.64M $16.45M $101.7M $78.50M $57.66M $31.59M $17.08M
YoY Change 36.52% 24.67% 166.44% 43.69% -83.82% 29.5% 36.15% 82.51% 84.93%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Interest Expense $166.1M $110.6M $72.06M $62.60M $56.46M $42.72M $34.07M $24.11M $20.78M $23.03M -$19.60M
YoY Change 50.22% 53.48% 15.12% 10.86% 32.16% 25.41% 41.31% 16.03% -9.79% -217.52% 14.62%
% of Operating Profit 155.01% 140.87% 114.43% 264.83% 343.27% 42.03% 43.4% 41.82% 65.78% 134.83%
Other Income/Expense, Net -$110.1M -$98.12M -$101.1M -$69.62M -$65.97M -$59.49M -$44.51M -$31.34M -$32.42M -$26.61M -$33.44M -$100.0K
YoY Change 12.23% -2.94% 45.2% 5.53% 10.89% 33.64% 42.01% -3.33% 21.85% -20.43% 33340.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Pretax Income $187.0M $238.6M $188.5M $148.6M $81.15M $67.36M $57.14M $47.16M $25.23M $4.983M -$16.40M -$11.70M
YoY Change -21.6% 26.6% 26.8% 83.15% 20.46% 17.88% 21.18% 86.88% 406.4% -130.38% 40.17% 234.29%
Income Tax $3.767M $1.590M $4.689M $1.690M $1.671M $1.351M $818.0K $1.159M $368.0K $187.0K
% Of Pretax Income 2.01% 0.67% 2.49% 1.14% 2.06% 2.01% 1.43% 2.46% 1.46% 3.75%
Net Earnings $111.5M $156.7M $103.7M $105.3M $48.61M $3.983M $14.11M $2.961M $17.97M $12.44M $0.00 -$1.300M
YoY Change -28.82% 51.03% -1.44% 116.53% 1120.41% -71.77% 376.49% -83.52% 44.41% -100.0% -62.86%
Net Earnings / Revenue 14.48% 18.26% 12.94% 17.97% 11.25% 1.03% 4.26% 1.1% 9.03% 9.29% 0.0% -3.23%
Basic Earnings Per Share $1.18 $1.58 $0.99 $1.13 $0.53 -$0.15 $0.07 $0.01 $0.60 $0.80 $0.00
Diluted Earnings Per Share $1.18 $1.48 $0.99 $0.98 $0.53 -$0.15 $0.07 $0.01 $0.31 $0.17 $0.00 -$31.03K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Cash & Short-Term Investments $64.98M $35.31M $25.01M $18.70M $20.60M $13.20M $13.40M $12.60M $6.700M $9.000M $11.20M
YoY Change 84.02% 41.17% 33.76% -9.22% 56.06% -1.49% 6.35% 88.06% -25.56% -19.64%
Cash & Equivalents $64.98M $35.31M $25.01M $18.70M $20.60M $13.20M $13.40M $12.60M $6.700M $9.000M $11.20M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $9.842M $13.12M $6.228M $2.700M $2.800M $3.400M $2.300M $1.900M $1.100M $1.000M $500.0K
Other Receivables $22.53M $30.33M $12.43M $10.10M $7.500M $6.600M $2.200M $1.700M $200.0K $400.0K $100.0K
Total Short-Term Assets $97.35M $78.76M $43.67M $31.50M $30.90M $23.20M $17.90M $16.20M $8.000M $10.40M $11.80M
YoY Change 23.6% 80.36% 38.64% 1.94% 33.19% 29.61% 10.49% 102.5% -23.08% -11.86%
Property, Plant & Equipment $4.943B $5.644B $5.243B $3.220B $2.779B $2.393B $2.106B $1.735B $1.080B $799.5M $346.3M
YoY Change -12.43% 7.65% 62.81% 15.88% 16.13% 13.61% 21.41% 60.69% 35.03% 130.87%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $211.4M $227.4M $188.2M $202.5M $221.8M $245.1M $89.10M $81.50M
YoY Change -7.07% 20.86% -7.07% -8.7% -9.51% 175.08% 9.33%
Other Assets $585.8M $13.66M $9.323M $11.30M $11.70M $8.700M $10.70M $21.70M $6.100M $12.60M $7.200M
YoY Change 4190.0% 46.47% -17.5% -3.42% 34.48% -18.69% -50.69% 255.74% -51.59% 75.0%
Total Long-Term Assets $5.834B $5.991B $5.519B $3.482B $3.053B $2.706B $2.249B $1.876B $1.091B $822.3M $356.5M
YoY Change -2.62% 8.56% 58.49% 14.04% 12.83% 20.34% 19.88% 71.94% 32.68% 130.66%
Total Assets $5.932B $6.070B $5.563B $3.514B $3.084B $2.729B $2.267B $1.892B $1.099B $832.7M $368.3M
YoY Change
Accounts Payable $92.77M $80.38M $59.26M $47.00M $57.90M $33.10M $24.50M $21.60M $9.700M $10.00M $6.200M
YoY Change 15.41% 35.63% 26.09% -18.83% 74.92% 35.1% 13.43% 122.68% -3.0% 61.29%
Accrued Expenses $24.20M $25.74M $23.98M $24.80M $24.70M
YoY Change -6.01% 7.34% -3.3% 0.4%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $117.0M $106.1M $83.24M $71.80M $82.60M $33.10M $24.50M $21.60M $9.700M $16.80M $6.200M
YoY Change 10.22% 27.48% 15.94% -13.08% 149.55% 35.1% 13.43% 122.68% -42.26% 170.97%
Long-Term Debt $3.658B $3.551B $2.941B $1.917B $1.534B $1.278B $958.1M $879.0M $567.8M $597.7M $298.7M
YoY Change 3.01% 20.75% 53.41% 24.97% 20.02% 33.4% 9.0% 54.81% -5.0% 100.1%
Other Long-Term Liabilities $30.80M $23.70M $55.97M $94.30M $15.50M $15.70M $12.70M $12.50M $5.500M $4.200M $8.100M
YoY Change 30.0% -57.66% -40.65% 508.39% -1.27% 23.62% 1.6% 127.27% 30.95% -48.15%
Total Long-Term Liabilities $3.689B $3.575B $2.997B $2.011B $1.550B $1.294B $970.8M $891.5M $573.3M $601.9M $306.8M
YoY Change 3.19% 19.29% 49.0% 29.8% 19.76% 33.27% 8.9% 55.5% -4.75% 96.19%
Total Liabilities $4.510B $4.422B $3.787B $2.545B $2.165B $1.812B $1.426B $1.315B $862.4M $832.7M $368.3M
YoY Change 1.99% 16.75% 48.84% 17.56% 19.43% 27.12% 8.42% 52.48% 3.57% 126.09%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Basic Shares Outstanding 76.84M shares 86.85M shares 91.24M shares 81.20M shares 66.55M shares 58.21M shares 53.29M shares 44.42M shares 29.89M shares 15.46M shares 1.000K shares
Diluted Shares Outstanding 76.84M shares 146.0M shares 91.24M shares 134.5M shares 66.61M shares 58.21M shares 53.29M shares 44.42M shares 78.75M shares 45.41M shares 1.000K shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $5.8696 Billion

About National Storage Affiliates Trust

National Storage Affiliates Trust operates as a real estate investment trust. The company is headquartered in Greenwood Village, Colorado and currently employs 1,108 full-time employees. The company went IPO on 2015-04-23. The firm is focused on the ownership, operation and acquisition of self-storage properties located within various metropolitan statistical areas across the United States. The firm owns approximately 1,050 self-storage properties, located in 42 states and Puerto Rico, comprising approximately 68.6 million rentable square feet in approximately 5,42,000 storage units. The properties are managed with a local operational focus of the Company and its participating regional operators (PROs). The firm also managed through its property management platform an additional portfolio of 185 properties owned by the Company's unconsolidated real estate ventures. These properties contain approximately 51.9 million rentable square feet, in approximately 4,07,000 storage units. The Company’s operating partnership subsidiary is NSA OP, LP.

Industry: Real Estate Investment Trusts Peers: AMERICAN TOWER CORP /MA/ OUTFRONT Media Inc. CubeSmart EPR PROPERTIES Gaming & Leisure Properties, Inc. RAYONIER INC LAMAR ADVERTISING CO/NEW LIFE STORAGE, INC. POTLATCHDELTIC CORP