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National Storage Affiliates NSA Investment properties, at cost

Investment properties, at cost at other companies

CubeSmart logo
CubeSmartCUBE
$8.14B+0.7%
Public Storage logo
Public StoragePSA
$30.21B+4.8%
InvenTrust Properties logo
InvenTrust PropertiesIVT
$3.12B+9.9%
American Homes 4 Rent logo
American Homes 4 RentAMH
$14.48B+2.9%
Regency Centers logo
Regency CentersREG
$14.66B+5.4%
Extra Space Storage logo
Extra Space StorageEXR

Other financials

Income statement

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Revenue$185.4M-1.6%
Gross profit$133.4M+0.1%
Net income$17.8M+36.8%
EPS (diluted)$0.16+60.0%

Balance sheet

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Cash & equivalents$28.4M+40.6%
Total debt$3.7B-4.4%
Total equity$912.8M-11.7%
Total assets$5.0B-4.2%

Cash flow

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Operating cash flow$87.4M+2.1%
CapEx$10.5M+83.2%
Free cash flow$76.9M-3.7%

Valuation

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Market cap$3.47B-3.3%

Profitability

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Gross margin71.4%-0.8pp
Operating margin30.7%
Net margin10.5%+1.9pp
FCF margin39.6%-4.4pp

Returns & leverage

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Return on equity8.1%+2.4pp
Debt / equity+0.3×

Where this comes from

Reported directly by National Storage Affiliates in its filing.

Tagged under the XBRL concept us-gaap:RealEstateInvestmentPropertyAtCost.

The official record: National Storage Affiliates’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is National Storage Affiliates's investment properties, at cost?
National Storage Affiliates (NSA) reported investment properties, at cost of $5.83B in Q1 2026.
How has National Storage Affiliates's investment properties, at cost changed year-over-year?
National Storage Affiliates's investment properties, at cost decreased by 0.7% year-over-year, from $5.87B to $5.83B.
What is the long-term trend for National Storage Affiliates's investment properties, at cost?
Over 5 years (2020 to 2025), National Storage Affiliates's investment properties, at cost has grown at a 9.8% compound annual growth rate (CAGR), from $3.64B to $5.81B.
What does investment properties, at cost mean?
This represents the aggregate historical cost of all real estate assets held by the REIT for investment purposes, including land, buildings, and improvements. It serves as a baseline measure of the company's total capital investment in its physical property portfolio before accounting for accumulated depreciation. Investors use this figure to assess the scale and historical acquisition cost of the company's real estate holdings.