National Storage Affiliates Trust (NSA) Free Cash Flow (2014 - 2026)
National Storage Affiliates Trust's (NSA) quarterly Free Cash Flow came in at $77.1 million in Q1 2026, down 9.9% year-on-year from $85.5 million in Q1 2025, and down 19.95% on a QoQ basis from $96.3 million in Q4 2025.
National Storage Affiliates Trust (NSA) Free Cash Flow (2014 - 2026) Analysis & Trends
National Storage Affiliates Trust (NSA) has 13 years of Free Cash Flow data on file, last reported at $77.1 million in Q1 2026.
- On a quarterly basis, Free Cash Flow fell 9.9% year-over-year to $77.1 million in Q1 2026; TTM through Mar 2026 was $329.5 million, a 6.58% decrease from a year earlier, with the FY2025 full-year figure at $337.9 million, down 6.42% from the prior year.
- Free Cash Flow for Q1 2026 stood at $77.1 million, down from $96.3 million in the prior quarter.
- Over the last five years, Free Cash Flow for NSA reached as high as $146.3 million in Q3 2023 and fell as low as $51.9 million in Q4 2022.
- Historically, Free Cash Flow has averaged $95.1 million across 5 years, with a median of $94.0 million in 2024.
- Across the five-year window, Free Cash Flow soared 87.88% in 2022 and sank 42.09% in 2024, its largest moves.
- Year by year, Free Cash Flow stood at $51.9 million in 2022, then jumped by 80.75% to $93.7 million in 2023, then retreated by 14.75% to $79.9 million in 2024, then grew by 20.48% to $96.3 million in 2025, then dropped by 19.95% to $77.1 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were $77.1 million in Q1 2026, $96.3 million in Q4 2025, and $76.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 135.89 Bn | 135.89 Bn | 2.24 Bn | 335.69 Mn |
| 2 | Public Storage | 57.63 Bn | 57.49 Bn | 1.18 Bn | 674.02 Mn |
| 3 | Extra Space Storage | 31.61 Bn | 31.61 Bn | 617.72 Mn | 482.61 Mn |
| 4 | Eastgroup Properties | 11.44 Bn | 11.44 Bn | 193.10 Mn | 175.89 Mn |
| 5 | CubeSmart | 9.72 Bn | 9.72 Bn | 191.86 Mn | 138.44 Mn |
| 6 | Lineage | 9.53 Bn | 9.46 Bn | 417.00 Mn | -55.00 Mn |
| 7 | Rexford Industrial Realty | 8.87 Bn | 8.82 Bn | - | 109.89 Mn |
| 8 | STAG Industrial | 7.84 Bn | 7.84 Bn | - | 76.11 Mn |
| 9 | Terreno Realty | 7.65 Bn | 7.65 Bn | - | 51.30 Mn |
| 10 | National Storage Affiliates Trust | 3.35 Bn | 3.91 Bn | 133.37 Mn | 77.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 77.07 Mn |
| Mar 31, 2026 | 77.07 Mn |
| Dec 31, 2025 | 96.28 Mn |
| Dec 31, 2025 | 96.28 Mn |
| Sep 30, 2025 | 76.47 Mn |
| Sep 30, 2025 | 76.47 Mn |
| Jun 30, 2025 | 79.66 Mn |
| Jun 30, 2025 | 79.66 Mn |
| Mar 31, 2025 | 85.54 Mn |
| Mar 31, 2025 | 85.54 Mn |
| Dec 31, 2024 | 79.91 Mn |
| Dec 31, 2024 | 79.91 Mn |
| Sep 30, 2024 | 129.08 Mn |
| Sep 30, 2024 | 129.08 Mn |
| Jun 30, 2024 | 58.15 Mn |
| Jun 30, 2024 | 58.15 Mn |
| Mar 31, 2024 | 94.00 Mn |
| Mar 31, 2024 | 94.00 Mn |
| Dec 31, 2023 | 93.74 Mn |
| Dec 31, 2023 | 93.74 Mn |