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
Returns
Return on equity	7.3%-1.6pp	8.9%-1.3pp	10.2%+4.1pp	6.1%-1.6pp
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×
Net debt / EBITDA	7.2×+0.8×	6.4×+0.7×	5.7×-0.9×	6.6×-1.1×
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%
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×
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.