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
Total Revenue $199.0m
$268.1m +34.71%
$330.9m +23.41%
$387.9m +17.23%
$432.2m +11.43%
$585.7m +35.50%
$801.6m +36.86%
$858.1m +7.05%
$770.3m -10.22%
$752.9m -2.26%
$750.0m -0.39%
Cost of Goods and Services Sold $64.8m
$84.5m +30.34%
$103.9m +22.99%
$110.3m +6.23%
$123.5m +11.91%
$155.3m +25.73%
$211.0m +35.91%
$229.0m +8.51%
$211.9m -7.48%
$217.5m +2.69%
$214.5m -1.41%
Gross Profit (Calculated) $134.2m
$183.7m +36.82%
$227.0m +23.60%
$277.5m +22.26%
$308.7m +11.24%
$430.4m +39.41%
$590.5m +37.21%
$629.1m +6.53%
$558.5m -11.22%
$535.4m -4.14%
General and Administrative Expense $21.5m $30.1m $36.2m $45.6m $43.6m $51.0m $59.3m $59.3m $57.6m $51.1m $51.2m
Operating Lease, Lease Income $354.9m $394.7m $541.5m $748.8m $794.0m $700.2m $678.5m
Operating Expenses $141.4m $189.6m $229.2m $467.9m
Operating Income (Loss) $57.7m
$78.5m +36.15%
$101.7m +29.50%
$67.4m -33.73%
$81.1m +20.46%
$148.6m +83.15%
$188.5m +26.80%
$238.6m +26.60%
$187.0m -21.60%
$119.4m -36.18%
$282.0m +136.25%
Debt and Equity Securities, Unrealized Gain (Loss) $610k ($142k) $0 $0
Other Nonoperating Income (Expense) ($515k) ($58k) ($91k) $452k ($1.2m) ($906k) ($951k) ($1.0m) $314k $934k
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)
Interest Expense (non-operating) $24.1m $34.1m $42.7m $56.5m $62.6m $72.1m $110.6m $166.1m $154.3m $162.4m $161.2m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $47.2m $57.1m $67.4m $81.1m $148.6m $188.5m $238.6m $187.0m $119.4m $126.9m
Income Tax Expense (Benefit) $368k $1.2m $818k $1.4m $1.7m $1.7m $4.7m $1.6m $3.8m $3.1m $2.5m
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%
$58.0m -21.38%
Net Income (Loss) Available to Common Stockholders, Basic $18.0m
$661k -96.32%
$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%
$58.0m +8.79%
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 $58.0m
Preferred Stock Dividends, Income Statement Impact $2.3m $10.3m $12.4m $13.1m $13.1m $13.4m $19.0m $20.4m $20.5m $20.5m
Earnings Per Share, Basic $0.60 $0.01 $0.07 ($0.15) $0.53 $1.13 $0.99 $1.58 $1.18 $0.69 $0.75
Earnings Per Share, Diluted $0.31 $0.01 $0.07 ($0.15) $0.53 $0.98 $0.99 $1.48 $1.18 $0.69 $0.75
Common Stock, Dividends, Per Share, Declared $0.88 $1.04 $1.16 $1.27 $1.35 $1.59 $2.15 $2.23 $2.25 $2.28
Weighted Average Number of Shares Outstanding, Basic 29.9m 44.4m 53.3m 58.2m 66.5m 81.2m 91.2m 86.8m 76.8m 76.6m 76.8m
Weighted Average Number of Shares Outstanding, Diluted 78.7m 44.4m 53.3m 58.2m 66.6m 134.5m 91.2m 146.0m 76.8m 76.6m 76.8m
Additional Financial Items
Business Combination, Acquisition Related Costs $6.5m $593k $663k $3.6m $6.7m
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Other General Expense $808k $2.9m $8.5m $11.1m $13.9m $16.3m