National Storage Affiliates Trust Income Statement
NSA / Real Estate|13 years of annual SEC 10-K data (FY2013-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 13 fiscal years. All figures from audited SEC 10-K filings.
National Storage Affiliates Trust reported $753M in revenue and $74M in net income for FY2025. Revenue has grown at a 15.9% compound annual rate over the past 9 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.14 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $752.9M | $770.3M | $858.1M | $801.6M | $585.7M | $432.2M | $387.9M | $330.9M | $268.1M | $199.0M | - | - | - |
| Cost of Revenue | $217.5M | $211.9M | $229.0M | $211.0M | $155.3M | $123.5M | $110.3M | $103.9M | $84.5M | $64.8M | - | - | - |
| SG&A Expense | $51.1M | $57.6M | $59.3M | $59.3M | $51.0M | $43.6M | $44.0M | $35.9M | $30.1M | $21.5M | $16.3M | $8.2M | $4.1M |
| Operating Income | - | - | - | - | - | - | - | $101.7M | $78.5M | $57.7M | $31.6M | $17.1M | $8.4M |
| Interest Expense | - | - | $166.1M | $110.6M | $72.1M | $62.6M | $56.5M | $42.7M | $34.1M | $24.1M | $20.8M | $23.0M | $15.4M |
| Income Tax | $3.1M | $3.8M | $1.6M | $4.7M | $1.7M | $1.7M | $1.4M | $818.0K | $1.2M | $368.0K | $187.0K | - | - |
| Net Income | $73.8M | $111.5M | $156.7M | $103.7M | $105.3M | $48.6M | $4.0M | $14.1M | $3.0M | $18.0M | $12.4M | $0 | $0 |
| EPS (Basic) | $1.58 | $0.99 | $1.13 | $0.53 | -$0.15 | - | - | $0.60 | $0.01 | $0.60 | $0.80 | $0.00 | $0.00 |
| EPS (Diluted) | $1.48 | $0.99 | $0.98 | $0.53 | -$0.15 | $0.07 | $0.01 | $0.31 | $0.01 | $0.31 | $0.17 | $0.00 | $0.00 |
| Shares Outstanding | 76.3M | 82.3M | 89.8M | 91.2M | 71.3M | 59.7M | 56.7M | 50.3M | 44.4M | 78.7M | 45.4M | 1.0K | 1.0K |
| Operating Margin | - | - | - | - | - | - | - | 30.7% | 29.3% | 29.0% | - | - | - |
| Profit Margin | 9.8% | 14.5% | 18.3% | 12.9% | 18.0% | 11.3% | 1.0% | 4.3% | 1.1% | 9.0% | - | - | - |