National Storage Affiliates Trust (NSA-PA) Tax Rate (2016 - 2026)

National Storage Affiliates Trust (NSA-PA) reported Tax Rate of 1.7% for Q1 2026, down 373.0% year-over-year from 0.62% in Q1 2025, and down 35.17% quarter-over-quarter from 2.62% in Q4 2025.

National Storage Affiliates Trust (NSA-PA) Tax Rate (2016 - 2026) Analysis & Trends

National Storage Affiliates Trust (NSA-PA) has 11 years of Tax Rate data on file, last reported at 1.7% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 1.7%, down 373.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.94% (down 164.0% YoY), and the FY2025 annual result was 2.6%, up 58.0% from the prior year.
  • Tax Rate eased to 1.7% in Q1 2026 per NSA-PA's latest filing, from 2.62% in the prior quarter.
  • Over five years, Tax Rate peaked at 5.43% in Q1 2025 and troughed at 1.18% in Q4 2023.
  • A 5-year average of 2.32% and a median of 2.02% in 2022 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2024 and 2026: Tax Rate jumped 653 bps in 2024, then plunged 373 bps in 2026.
  • A 5-year view of Tax Rate shows it stood at 2.02% in 2022, then slumped by 159 bps to 1.18% in 2023, then soared by 552 bps to 5.35% in 2024, then tumbled by 51 bps to 2.62% in 2025, then sank by 35 bps to 1.7% in 2026.
  • Business Quant data shows NSA-PA's Tax Rate at 1.7% in Q1 2026, 2.62% in Q4 2025, and 2.91% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Prologis 137.79 Bn 141.12 Bn 2.24 Bn -3.97%
2 Public Storage 57.19 Bn 57.15 Bn 1.18 Bn 0.30%
3 Extra Space Storage 31.69 Bn 32.52 Bn -204.61 Mn 4.36%
4 Eastgroup Properties 10.93 Bn 10.93 Bn 190.03 Mn -
5 Lineage 10.07 Bn 10.97 Bn 417.00 Mn -8.51%
6 CubeSmart 9.54 Bn 9.57 Bn 191.86 Mn -
7 Rexford Industrial Realty 7.99 Bn 8.37 Bn - -
8 STAG Industrial 7.40 Bn 7.47 Bn - -
9 Terreno Realty 7.04 Bn 7.04 Bn - -
10 National Storage Affiliates Trust - - 133.37 Mn 1.70%

Historic Data

Download Data
DateValue
Mar 31, 2026 1.70%
Mar 31, 2026 1.70%
Dec 31, 2025 2.62%
Dec 31, 2025 2.62%
Sep 30, 2025 2.91%
Sep 30, 2025 2.91%
Jun 30, 2025 0.39%
Jun 30, 2025 0.39%
Mar 31, 2025 5.43%
Mar 31, 2025 5.43%
Dec 31, 2024 5.35%
Dec 31, 2024 5.35%
Sep 30, 2024 2.82%
Sep 30, 2024 2.82%
Jun 30, 2024 1.65%
Jun 30, 2024 1.65%
Mar 31, 2024 0.92%
Mar 31, 2024 0.92%
Dec 31, 2023 -1.18%
Dec 31, 2023 -1.18%