← National Storage Affiliates Trust
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $18.0m |
$3.0m
-83.52%
|
$14.1m
+376.49%
|
$4.0m
-71.77%
|
$48.6m
+1120.41%
|
$105.3m
+116.53%
|
$103.7m
-1.44%
|
$156.7m
+51.03%
|
$111.5m
-28.82%
|
$73.8m
-33.84%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $24.9m |
$661k
-97.34%
|
$3.8m
+468.68%
|
($8.4m)
-323.65%
|
$35.5m
+522.41%
|
$92.1m
+159.49%
|
$90.3m
-1.99%
|
$137.7m
+52.42%
|
$91.1m
-33.84%
|
$53.3m
-41.45%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $24.9m | $46.0m | $56.3m | $66.0m | $79.5m | $146.9m | $183.8m | $237.0m | $183.3m | $116.3m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $6.9m | $43.0m | $42.2m | $62.0m | $30.9m | $41.7m | $80.0m | $80.3m | $71.8m | $42.5m | — | |
| Depreciation and amortization | $55.1m | $75.1m | $89.1m | $105.1m | $117.2m | $158.3m | $233.2m | $222.0m | $189.9m | $189.3m | $187.3m | |
| Amortization of Debt Issuance Costs | $2.0m | $2.2m | $2.6m | $2.9m | $3.1m | $3.4m | $4.4m | $6.5m | $6.5m | $6.4m | — | |
| Depreciation, Nonproduction | $42.7m | $60.5m | $76.3m | $92.2m | $105.9m | $135.1m | $195.9m | $210.2m | $181.3m | $179.0m | $187.3m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $233.2m | $222.0m | $189.9m | $189.3m | $187.3m | |
| Share-based Payment Arrangement, Noncash Expense | $2.6m | $3.8m | $3.8m | $4.5m | $4.3m | $5.5m | $6.3m | $6.7m | $8.3m | $12.2m | $11.5m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | ($1.5m) | ($2.3m) | ($1.4m) | ($5.0m) | $265k | $5.3m | $7.7m | $7.6m | ($16.1m) | ($7.3m) | — | |
| Nonoperating Income (Expense) | ($32.8m) | ($31.3m) | ($44.5m) | ($59.5m) | ($66.0m) | ($69.6m) | ($101.1m) | ($98.1m) | ($110.1m) | ($159.3m) | — | |
| Other Nonoperating Income (Expense) | ($515k) | ($58k) | ($91k) | $452k | ($1.2m) | ($906k) | ($951k) | ($1.0m) | $314k | $934k | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($7.7m) | ($7.6m) | $16.1m | $7.3m | $433k | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $5.6m | $16.8m | ($111k) | $3.5m | $10.2m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $16.5m | $12.2m | $5.3m | ($3.9m) | $6.7m | |
| Increase (Decrease) in Other Operating Assets | $2.0m | $2.4m | $5.7m | ($110k) | $3.4m | $3.2m | $10.2m | ($1.2m) | ($2.1m) | ($7.6m) | — | |
| Change In Other Current Assets | — | — | — | — | — | — | ($10.2m) | $1.2m | $2.1m | $7.6m | $3.2m | |
| Net Cash Provided by (Used in) Operating Activities | $95.1m |
$124.3m
+30.72%
|
$161.8m
+30.18%
|
$196.7m
+21.54%
|
$220.7m
+12.21%
|
$331.3m
+50.17%
|
$443.8m
+33.95%
|
$441.6m
-0.51%
|
$363.1m
-17.78%
|
$338.5m
-6.77%
|
$340.3m
+0.54%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | — | — | $5.5m | $63.9m | $63.8m | $16.3m | ($20.9m) | |
| Capital Expenditure | — | — | — | — | — | — | ($43.7m) | ($52.5m) | ($53.3m) | ($39.2m) | ($44.0m) | |
| Capital Expenditure Reported | — | — | — | — | — | — | ($43.7m) | ($35.5m) | ($20.6m) | ($39.2m) | ($44.0m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $532.5m | — | — | — | — | — | — | — | — | — | ($13.4m) | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | — | — | — | ($908k) | $0 | — | |
| Net Cash Provided by (Used in) Investing Activities | ($642.9m) | ($409.3m) | ($514.5m) | ($393.0m) | ($509.7m) | ($2.0b) | ($584.2m) | $161.1m | $425.4m | $19.9m | $28.1m | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($136k) | $0 | $0 | — | — | — | — | ($758k) | ($323k) | $0 | — | |
| Repayments of Long-term Debt | $558.6m | $679.1m | $507.2m | $561.6m | $546.1m | $1.3b | $960.4m | $1.2b | $1.5b | $680.4m | ($670.9m) | |
| Debt and Equity Securities, Unrealized Gain (Loss) | — | — | — | $610k | ($142k) | $0 | $0 | — | — | — | — | |
| Proceeds from Issuance of Long-term Debt | $812.5m | $760.9m | $822.5m | $822.0m | $929.5m | $2.3b | $1.6b | $1.3b | $1.3b | $635.8m | $660.3m | |
| Issuance Of Debt | — | — | — | — | — | — | $1.6b | $1.3b | $1.3b | $635.8m | $660.3m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $1.6b | $1.3b | $1.3b | $635.8m | $660.3m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($960.4m) | ($1.2b) | ($1.5b) | ($680.4m) | ($670.9m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $611.6m | $108.2m | ($209.5m) | ($44.6m) | ($10.6m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $611.6m | $108.2m | ($209.5m) | ($44.6m) | ($10.6m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($960.4m) | ($1.2b) | ($1.5b) | ($680.4m) | ($670.9m) | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | $90.1m | $310.2m | $275.2m | $0 | — | |
| Payments of Ordinary Dividends, Common Stock | $26.7m | $47.7m | $62.2m | $74.5m | $90.1m | $131.7m | $195.7m | $190.9m | $171.8m | $174.9m | ($195.8m) | |
| Proceeds from Issuance of Common Stock | $378.3m | $140.3m | $175.6m | $70.6m | $82.9m | $901.0m | $0 | $0 | — | — | — | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($195.7m) | ($190.9m) | ($171.8m) | ($174.9m) | ($175.3m) | |
| Common Stock Issuance | — | — | — | — | — | $901.1m | $0 | $0 | — | — | — | |
| Common Stock Payments | — | — | — | — | — | — | ($90.1m) | ($310.2m) | ($284.7m) | ($7.9m) | ($17.7m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $901.1m | $0 | $0 | — | — | — | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($90.1m) | ($310.2m) | ($284.7m) | ($7.9m) | ($17.7m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($90.1m) | ($310.2m) | ($284.7m) | ($7.9m) | ($17.7m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($209.1m) | ($209.9m) | ($192.3m) | ($195.4m) | ($195.8m) | |
| Dividend Received CFO | — | — | — | — | — | — | $23.5m | $23.6m | $23.3m | $20.3m | $21.6m | |
| Dividends Received CFI | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Preferred Stock Dividend Paid | — | — | — | — | — | — | ($13.4m) | ($19.0m) | ($20.4m) | ($20.5m) | ($20.5m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($157.8m) | ($145.3m) | ($138.9m) | ($137.6m) | ($136.1m) | |
| Net Cash Provided by (Used in) Financing Activities | $553.7m |
$286.1m
-48.33%
|
$352.6m
+23.27%
|
$204.3m
-42.07%
|
$286.5m
+40.22%
|
$1.7b
+483.99%
|
$154.6m
-90.76%
|
($557.2m)
-460.31%
|
($825.4m)
-48.14%
|
($385.5m)
+53.30%
|
($360.2m)
+6.55%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $6.0m | $1.1m | ($44k) | $7.9m | ($2.6m) | $6.2m | $14.3m | $45.5m | ($36.9m) | ($27.1m) | $28.4m | |
| Beginning Cash Position | — | — | — | — | — | — | $27.9m | $42.2m | $87.7m | $50.8m | $20.2m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $6.0m | $16.4m | $16.4m | $24.3m | $21.7m | $27.9m | $42.2m | $87.7m | $50.8m | $23.6m | $28.4m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $23.3m | $33.0m | $40.5m | $52.7m | $59.3m | $66.9m | $99.4m | $143.6m | $145.4m | $156.3m | — | |
| Additional Financial Items | ||||||||||||
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | $0 | $5.7m | $400k | $2.8m | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets | — | $5.7m | $391k | $2.8m | $0 | $0 | $5.5m | $63.9m | $63.8m | $16.3m | — | |
| Gain (Loss) on Disposition of Business | $0 | — | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Sale of Properties | $0 | $5.7m | $391k | $2.8m | $0 | $0 | $5.5m | $63.9m | $63.8m | $16.3m | — | |
| General and Administrative Expense | $21.5m | $30.1m | $36.2m | $45.6m | $43.6m | $51.0m | $59.3m | $59.3m | $57.6m | $51.1m | — | |
| Goodwill | $5.8m | $5.8m | $5.8m | $5.8m | $8.2m | $8.2m | $8.2m | $8.2m | $8.2m | $8.2m | — | |
| Income Tax Expense (Benefit) | — | $1.2m | $818k | $1.4m | $1.7m | $1.7m | $4.7m | $1.6m | $3.8m | $3.1m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $154.3m | $162.4m | — | |
| Operating Expenses | $141.4m | $189.6m | $229.2m | — | — | — | — | — | — | — | — | |
| Operating Lease, Lease Income | — | — | — | $354.9m | $394.7m | $541.5m | $748.8m | $794.0m | $700.2m | $678.5m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($2.7m) | ($2.3m) | — | — | — | — | — | — | — | — | — | |
| Proceeds from Contributed Capital | $930k | $0 | $0 | — | — | — | — | — | — | — | — | |
| Proceeds from Contributions from Affiliates | $0 | — | — | — | — | — | — | — | — | — | — | |
| Proceeds from Issuance of Redeemable Preferred Stock | — | $166.6m | $0 | $43.6m | $0 | $0 | — | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $154.6m | ($557.2m) | ($825.4m) | ($385.5m) | ($360.2m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($584.2m) | $161.1m | $425.4m | $19.9m | $28.1m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $14.3m | $45.5m | ($36.9m) | ($27.1m) | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($688k) | $3.3m | ($7.6m) | ($175k) | $302k | |
| Changes In Cash | — | — | — | — | — | — | $14.3m | $45.5m | ($36.9m) | ($27.1m) | $8.2m | |
| End Cash Position | — | — | — | — | — | — | $42.2m | $87.7m | $50.8m | $23.6m | $28.4m | |
| Financing Cash Flow | — | — | — | — | — | — | $154.6m |
($557.2m)
-460.31%
|
($825.4m)
-48.14%
|
($385.5m)
+53.30%
|
($360.2m)
+6.55%
|
|
| Free Cash Flow | — | — | — | — | — | — | $400.1m | $389.1m | $309.8m | $299.3m | $296.3m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($5.5m) | ($63.9m) | ($63.8m) | ($16.3m) | ($21.3m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($584.2m) | $161.1m | $425.4m | $19.9m | $28.1m | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($55.0m) | $0 | ($74.2m) | ($12.8m) | ($13.4m) | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | — | $0 | ($16.9m) | ($32.7m) | $0 | $0 | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | ($485.4m) | $213.6m | $552.0m | $72.0m | $85.5m | |
| Net Investment Purchase And Sale | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Operating Gains Losses | — | — | — | — | — | — | ($13.2m) | ($71.5m) | ($47.8m) | ($9.0m) | ($20.9m) | |
| Other Non Cash Items | — | — | — | — | — | — | $4.7m | $6.9m | $6.2m | $5.9m | — | |
| Purchase Of Business | — | — | — | — | — | — | ($55.0m) | $0 | ($74.2m) | ($12.8m) | ($13.4m) | |
| Purchase Of Intangibles | — | — | — | — | — | — | $0 | ($16.9m) | ($32.7m) | $0 | $0 | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($496.4m) | ($48.7m) | ($64.8m) | ($23.9m) | ($22.2m) | |
| Sale Of Investment | — | — | — | — | — | $0 | $0 | — | — | — | $0 | |
| Sale Of Investment Properties | — | — | — | — | — | — | $11.0m | $262.3m | $616.8m | $95.9m | $0 | |
| Stock Based Compensation | — | — | — | — | — | — | $6.3m | $6.7m | $8.3m | $12.2m | $11.5m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | $0 | $0 | — | — | — | $0 |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.