Company / Tangible Book Value per Share
National Storage Affiliates Trust Tangible Book Value per Share History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Tangible Book Value per Share
$12.28
FY2025
5-year range
$12.28 / $24.79
FY2021-FY2025
Trend
-5.3%
vs FY2024
Sector context
#90 of 138
Real Estate
What the data says
At $12.28, National Storage Affiliates Trust's tangible book value per share ranks #90 of 138 in the Real Estate sector. Tangible Book Value per Share has declined for 4 consecutive years, from $24.79 in FY2021 to $12.28 in FY2025.
Based on SEC 10-K filings.
12.28 in FY2025 with a 5-year CAGR of -5.3%.
Declined from $15.74 to $12.28 over the past 2 years.
Real Estate sector context is included.
Tangible Book Value per Share over time
Growth rates
- 3-Year CAGR
- -11.9%
- 5-Year CAGR
- -5.3%
- 10-Year CAGR
- -
Sector benchmark
-96.0% below sector average
Key checks
Key Insights
- National Storage Affiliates Trust's tangible book value per share has declined for 4 consecutive years.
- In FY2025, tangible book value per share decreased 5.3% year-over-year.
- Ranks #90 out of 138 companies in the Real Estate sector.
- Peak tangible book value per share was recorded in FY2017.
Company context
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.
Annual data
| Year | Tangible Book Value per ShareValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $12.28 | -5.3% |
| FY2024 | $12.98 | -17.5% |
| FY2023 | $15.74 | -12.5% |
| FY2022 | $17.98 | -27.4% |
| FY2021 | $24.79 | +53.9% |
| FY2020 | $16.10 | -0.2% |
| FY2019 | $16.13 | -11.0% |
| FY2018 | $18.12 | -36.4% |
| FY2017 | $28.49 | +130.5% |
| FY2016 | $12.36 | +8.8% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026