What are National Storage Affiliates's profit margins?

National Storage Affiliates (NSA) runs a 71.4% gross margin and a 30.7% operating margin, with a 10.5% net margin.

Where do National Storage Affiliates's ratios come from?

Every ratio is computed from National Storage Affiliates's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

National Storage Affiliates NSA Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	71.1%-1.4pp	72.5%-0.8pp	73.3%-0.4pp	73.7%+0.2pp
Net margin	9.8%-4.7pp	14.5%-3.8pp	18.3%+5.3pp	12.9%-5.0pp
EBITDA margin	62.6%-6.4pp	69%-4.1pp	73%+6.6pp	66.4%+1.7pp
Free cash flow margin	39.8%-4.9pp	44.7%-2.8pp	47.5%-2.6pp	50%-1.8pp
Returns
Return on equity	7.3%-1.6pp	8.9%-1.3pp	10.2%+4.1pp	6.1%-1.6pp
Return on assets	1.4%-0.6pp	2%-0.6pp	2.6%+0.8pp	1.8%-0.5pp
Return on invested capital	6.2%-0.8pp	7%-0.9pp	7.9%+2.0pp	5.9%+0.2pp
Efficiency
Asset turnover	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Leverage
Debt-to-equity	3.6×+0.4×	3.2×+0.6×	2.6×+0.4×	2.2×+0.5×
Debt-to-assets	0.7×0.0×	0.6×0.0×	0.6×0.0×	0.6×+0.1×
Net debt / EBITDA	7.2×+0.8×	6.4×+0.7×	5.7×-0.9×	6.6×-1.1×
Interest coverage	1.7×-0.5×	2.2×-0.2×	2.4×-0.3×	2.7×-0.4×
Per Share
Book value per share	$12.34-11.8%	$14.00+43.8%	$9.74-46.1%	$18.06+36.9%
Valuation
Market capitalization	$2.17B-24.9%	$2.89B-15.7%	$3.43B+4.4%	$3.28B-46.8%
Enterprise value	$5.58B-11.7%	$6.31B-10.1%	$7.02B+3.0%	$6.82B-25.1%
Price / earnings	29.4×+3.5×	25.9×+4.0×	21.9×-9.8×	31.6×-26.9×
Price / sales	2.9×-0.9×	3.8×-0.2×	4×-0.1×	4.1×-6.4×
Price / book	2.3×-0.4×	2.7×+0.3×	2.4×+0.4×	2×-1.5×
EV / EBITDA	11.8×0.0×	11.9×+0.7×	11.2×-1.6×	12.8×-11.2×
EV / sales	7.4×-0.8×	8.2×0.0×	8.2×-0.3×	8.5×-7.0×
Free cash flow yield	13.8%+1.9pp	11.9%0.0pp	11.9%-0.3pp	12.2%+7.3pp
Earnings yield	3.4%-0.5pp	3.9%-0.7pp	4.6%+1.4pp	3.2%+1.5pp
Dividend yield	8.1%+2.1pp	5.9%+0.4pp	5.6%-0.4pp	6%+3.8pp

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Questions, answered.

What are National Storage Affiliates's profit margins?: National Storage Affiliates (NSA) runs a 71.4% gross margin and a 30.7% operating margin, with a 10.5% net margin.
Where do National Storage Affiliates's ratios come from?: Every ratio is computed from National Storage Affiliates's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.