National Storage Affiliates Trust (NSA-PA) Gross Margin (2017 - 2026)
National Storage Affiliates Trust's (NSA-PA) quarterly Gross Margin came in at 71.93% in Q1 2026, up 119.0% year-on-year from 32.85% in Q1 2025, and down 0.75% on a QoQ basis from 72.48% in Q4 2025.
National Storage Affiliates Trust (NSA-PA) Gross Margin (2017 - 2026) Analysis & Trends
National Storage Affiliates Trust (NSA-PA) has 10 years of Gross Margin data on file, last reported at 71.93% in Q1 2026.
- On a quarterly basis, Gross Margin rose 119.0% year-over-year to 71.93% in Q1 2026; TTM through Mar 2026 was 71.4%, a 76.0% decrease from a year earlier, with the FY2025 full-year figure at 71.11%, down 139.0% from the prior year.
- Gross Margin for Q1 2026 stood at 71.93%, down from 72.48% in the prior quarter.
- Over the last five years, Gross Margin for NSA-PA reached as high as 74.44% in Q4 2022 and fell as low as 70.54% in Q2 2025.
- Historically, Gross Margin has averaged 72.6% across 5 years, with a median of 72.78% in 2024.
- Across the five-year window, Gross Margin soared 177 bps in 2022 and tumbled 211 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 74.44% in 2022, then dropped by 1 bps to 73.62% in 2023, then dropped by 1 bps to 72.52% in 2024, then decreased by 0 bps to 72.48% in 2025, then decreased by 1 bps to 71.93% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 71.93% in Q1 2026, 72.48% in Q4 2025, and 70.67% in Q3 2025.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 71.93% |
| Dec 31, 2025 | 72.48% |
| Sep 30, 2025 | 70.67% |
| Jun 30, 2025 | 70.54% |
| Mar 31, 2025 | 70.74% |
| Dec 31, 2024 | 72.52% |
| Sep 30, 2024 | 72.78% |
| Jun 30, 2024 | 72.59% |
| Mar 31, 2024 | 72.12% |
| Dec 31, 2023 | 73.62% |
| Sep 30, 2023 | 73.27% |
| Jun 30, 2023 | 73.51% |
| Mar 31, 2023 | 72.84% |
| Dec 31, 2022 | 74.44% |
| Sep 30, 2022 | 73.34% |
| Jun 30, 2022 | 73.26% |
| Mar 31, 2022 | 73.63% |
| Dec 31, 2021 | 74.34% |
| Sep 30, 2021 | 73.84% |
| Jun 30, 2021 | 73.49% |