National Storage Affiliates Trust (NSA) Gross Margin (2017 - 2026)

National Storage Affiliates Trust (NSA) 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 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.