National Storage Affiliates Trust (NSA) Stock
National Storage Affiliates Trust is a real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self-storage properties predominantly located within the top 100 metropolitan statistical areas throughout the United States. As of September 30, 2025, the Company held ownership interests in and operated 1,069 self-storage properties, located in 37 states and Puerto Rico with approximately 69.8 million rentable square feet.
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About National Storage Affiliates Trust
National Storage Affiliates Trust is a real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self-storage properties predominantly located within the top 100 metropolitan statistical areas throughout the United States. As of September 30, 2025, the Company held ownership interests in and operated 1,069 self-storage properties, located in 37 states and Puerto Rico with approximately 69.8 million rentable square feet. NSA is one of the largest owners and operators of self-storage properties among public and private companies in the United States. National Storage Affiliates Trust was incorporated in 2013 in Maryland, USA.
National Storage Affiliates Trust is headquartered in US.
National Storage Affiliates Trust (NSA) stock trades at $43.40 with a market capitalization of $3.35B. The stock is valued at a price-to-earnings (P/E) ratio of 57.11, price-to-book of 3.67, price-to-sales of 4.46. Over the past 52 weeks the stock has ranged between $27.43 and $46.47, and currently trades 6.6% below its 52-week high. It pays a dividend yielding 0.83%.
On profitability, National Storage Affiliates Trust generates a return on equity (ROE) of 8.20%, return on capital employed of 6.26%, an operating margin of 37.60%, a net profit margin of 10.48%.
Official website: www.nationalstorageaffiliates.com
National Storage Affiliates Trust by the numbers, 2016–2025
Between 2016 and 2025 National Storage Affiliates Trust reported revenue of $199.0M rising to $753.0M, a change of +278.4% across 10 years. Compounded, revenue has grown 11.8% a year over five years, -2.1% over three, -2.2% over the last twelve months. Net profit rose to $74.0M.
Operating margin went from 29.0% in 2016 to 37.0% in 2025, a gain of 8.0 percentage points. The most recent net margin is 10.48%. On a trailing twelve-month basis to Mar '26, revenue is $750.0M and net profit $78.0M.
Borrowings rose from $879.0M to $3.4B, cash on hand is $27.6M, cash from operations was $339.0M in the latest year, positive in 10 of the last 10.
Return on equity has averaged 8.3% over five years, and was 7.8% in the most recent year.
The share price itself has compounded at —% a year over five years, 14.4% over three, 47.8% over the last year. Past price movement is history, not a forecast.
Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.
National Storage Affiliates Trust (NSA) — frequently asked questions
What is National Storage Affiliates Trust (NSA) stock price today?
National Storage Affiliates Trust (NSA) is currently trading at $43.40, down 1.77% today.
What is NSA P/E ratio?
National Storage Affiliates Trust's P/E ratio is 57.11. This is above the typical market average of roughly 18-22x. A high P/E often reflects higher expected earnings growth, a temporary dip in earnings, or both.
What is NSA return on equity (ROE)?
National Storage Affiliates Trust's return on equity (ROE) is 8.20%. ROE measures net income relative to shareholders' equity. This is below the typical market range of roughly 12-15%.
What is National Storage Affiliates Trust's market cap?
National Storage Affiliates Trust has a market capitalization of $3.35B.
Does NSA pay a dividend?
Yes. National Storage Affiliates Trust currently yields 0.83%. Yield moves with the share price, so it changes daily even when the payment does not.
How much debt does NSA carry?
National Storage Affiliates Trust has a debt-to-equity ratio of 3.77. That compares total borrowings with shareholders' equity: a figure under 1 means equity exceeds debt.
What is NSA's profit margin?
National Storage Affiliates Trust reports a net profit margin of 10.48% — the share of revenue left after every cost, including tax and interest.
What sector is NSA in?
National Storage Affiliates Trust is classified under Real Estate, in the REIT - Industrial industry. Ratios are most informative compared with other companies in the same industry rather than across the whole market.
Which exchange is NSA listed on?
National Storage Affiliates Trust trades on NYSE under the ticker NSA.
What is NSA's 52-week range?
Over the last year National Storage Affiliates Trust has traded between $27.43 and $46.47.
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On the figures above, National Storage Affiliates Trust passes the filters for 7 of our ready-made screens, among them High PE Stocks, High Debt to Equity Stocks, Stocks Under $100. Appearing on a screen means the numbers meet its filters today and nothing more; the list is rebuilt whenever the data changes.
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Data for information only, not investment advice. Figures may be delayed or inaccurate; verify against company filings. See our disclaimer.