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
DateValue
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%