National Storage Affiliates Trust (NSA) EBIT Margin (2014 - 2026)
National Storage Affiliates Trust's (NSA) quarterly EBIT Margin came in at 10.17% in Q1 2026, up 359.0% year-on-year from 2.22% in Q1 2025, and down 6.96% on a QoQ basis from 10.94% in Q4 2025.
National Storage Affiliates Trust (NSA) EBIT Margin (2014 - 2026) Analysis & Trends
National Storage Affiliates Trust (NSA) has 13 years of EBIT Margin data on file, last reported at 10.17% in Q1 2026.
- On a quarterly basis, EBIT Margin rose 359.0% year-over-year to 10.17% in Q1 2026; TTM through Mar 2026 was 9.01%, a 115.0% decrease from a year earlier, with the FY2025 full-year figure at 8.11%, down 296.0% from the prior year.
- EBIT Margin for Q1 2026 stood at 10.17%, down from 10.94% in the prior quarter.
- Over the last five years, EBIT Margin for NSA reached as high as 14.04% in Q4 2023 and fell as low as 6.59% in Q1 2025.
- Historically, EBIT Margin has averaged 10.36% across 5 years, with a median of 10.38% in 2024.
- Across the five-year window, EBIT Margin plunged 518 bps in 2022 and surged 491 bps in 2023, its largest moves.
- Year by year, EBIT Margin stood at 13.38% in 2022, then increased by 5 bps to 14.04% in 2023, then dropped by 19 bps to 11.3% in 2024, then declined by 3 bps to 10.94% in 2025, then fell by 7 bps to 10.17% in 2026.
- Per Business Quant data, the three most recent EBIT Margin figures were 10.17% in Q1 2026, 10.94% in Q4 2025, and 8.25% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 135.41 Bn | 135.41 Bn | 2.24 Bn | 72.20% |
| 2 | Public Storage | 56.91 Bn | 56.77 Bn | 1.18 Bn | 38.95% |
| 3 | Extra Space Storage | 31.31 Bn | 31.31 Bn | 617.72 Mn | 42.94% |
| 4 | Eastgroup Properties | 11.31 Bn | 11.31 Bn | 193.10 Mn | 40.64% |
| 5 | CubeSmart | 9.60 Bn | 9.60 Bn | 191.86 Mn | 8.22% |
| 6 | Lineage | 9.53 Bn | 9.47 Bn | 417.00 Mn | 2.78% |
| 7 | Rexford Industrial Realty | 8.82 Bn | 8.77 Bn | - | - |
| 8 | STAG Industrial | 7.78 Bn | 7.78 Bn | - | - |
| 9 | Terreno Realty | 7.62 Bn | 7.62 Bn | - | - |
| 10 | National Storage Affiliates Trust | 3.35 Bn | 3.91 Bn | 133.37 Mn | 10.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.17% |
| Dec 31, 2025 | 10.94% |
| Sep 30, 2025 | 8.25% |
| Jun 30, 2025 | 6.71% |
| Mar 31, 2025 | 6.59% |
| Dec 31, 2024 | 11.30% |
| Sep 30, 2024 | 12.28% |
| Jun 30, 2024 | 10.38% |
| Mar 31, 2024 | 10.33% |
| Dec 31, 2023 | 14.04% |
| Sep 30, 2023 | 12.28% |
| Jun 30, 2023 | 12.53% |
| Mar 31, 2023 | 11.33% |
| Dec 31, 2022 | 13.38% |
| Sep 30, 2022 | 7.36% |
| Jun 30, 2022 | 9.75% |
| Mar 31, 2022 | 8.53% |
| Dec 31, 2021 | 10.48% |
| Sep 30, 2021 | 12.55% |
| Jun 30, 2021 | 11.67% |