Income Statement

NATIONAL STORAGE AFFILIATES TRUST

NSA
Annual
Performance Overview Click any row in the table to add it to this chart
in millions USD
Metric Dec 31, 2025 2025 FY Dec 31, 2024 2024 FY Dec 31, 2023 2023 FY Dec 31, 2022 2022 FY Dec 31, 2021 2021 FY Dec 31, 2020 2020 FY Dec 31, 2019 2019 FY Dec 31, 2018 2018 FY Dec 31, 2017 2017 FY Dec 31, 2016 2016 FY Dec 31, 2015 2015 FY
Revenue
752.93 770.34 858.06 801.57 585.67 432.22 387.90 330.90 - - -
Cost of Revenue
217.55 211.85 228.99 211.03 155.27 123.49 110.35 103.88 - - -
Gross Profit
535.38 558.48 629.08 590.54 430.41 308.74 277.55 227.02 - - -
Operating Expenses
51.13 57.61 59.28 59.31 51.00 43.64 45.58 229.24 189.63 141.39 102.33
Research & Development
- - - - - - - - - - -
Selling, General & Administrative
51.13 57.61 59.28 59.31 51.00 43.64 45.58 36.22 30.06 21.53 16.27
Other Operating Expenses
- - - - - - - - - - -
Operating Income
484.25 500.88 569.80 531.23 379.41 265.10 231.97 -2.22 -189.63 -141.39 -102.33
Non-Operating Income
-159.27 -110.12 -98.12 -101.08 -69.62 -65.97 -59.49 -44.51 -31.34 -32.79 -26.80
Interest Income
- - - - - - - - - - -
Interest Expense
162.45 154.26 166.15 110.60 72.06 62.60 56.46 42.72 34.07 24.11 20.78
Other Non-Op Income / Expense
0.93 -16.08 7.55 7.75 5.29 0.27 -4.97 -1.42 -2.30 -1.48 -0.28
Income Before Tax
119.38 187.04 238.58 188.45 148.63 81.15 67.36 57.14 47.16 - -
Income Tax Expense
45.59 75.52 81.91 84.72 43.37 32.54 63.38 43.04 44.20 - -
Non-Controlling Interest
42.49 71.75 80.32 80.03 41.68 30.87 62.03 42.22 43.04 6.90 -7.64
Net Income
73.78 111.52 156.67 103.74 105.25 48.61 3.98 14.11 2.96 17.97 12.44
Supplemental Per share data, derived & other items — not part of the income statement
in millions USD unless noted
Metric Dec 31, 2025 2025 FY Dec 31, 2024 2024 FY Dec 31, 2023 2023 FY Dec 31, 2022 2022 FY Dec 31, 2021 2021 FY Dec 31, 2020 2020 FY Dec 31, 2019 2019 FY Dec 31, 2018 2018 FY Dec 31, 2017 2017 FY Dec 31, 2016 2016 FY Dec 31, 2015 2015 FY
Depreciation & Amortization
- - - - - - - - - - -
EBITDA
673.57 690.73 791.79 764.39 537.72 382.27 337.09 86.93 -114.52 -86.33 -61.68
Earnings Per Share (Basic)
0.69 1.18 1.58 0.99 1.13 - - 0.07 0.01 0.60 0.80
Diluted EPS
0.69 1.18 1.48 0.99 0.98 - - 0.07 0.01 0.31 0.17
Weighted Average Shares
76.64 76.84 86.85 91.24 81.20 66.55 - 53.29 44.42 29.89 15.46
Diluted Weighted Avg Shares
76.64 76.84 146.02 91.24 134.54 66.61 - 53.29 44.42 78.75 45.41
Comprehensive Income
62.60 110.31 138.98 163.67 136.13 11.06 -17.24 14.86 5.54 26.71 12.44