National Storage Affiliates Trust (NSA) Interest Expenses (2014 - 2026)
National Storage Affiliates Trust (NSA) reported Interest Expenses of $39.3 million for Q1 2026, down 3.01% year-over-year from $40.5 million in Q1 2025, and down 2.23% quarter-over-quarter from $40.2 million in Q4 2025.
National Storage Affiliates Trust (NSA) Interest Expenses (2014 - 2026) Analysis & Trends
National Storage Affiliates Trust (NSA) has 13 years of Interest Expenses data on file, last reported at $39.3 million in Q1 2026.
- Interest Expenses for Q1 2026 came in at $39.3 million, down 3.01% year-over-year; the trailing twelve-month figure through Mar 2026 was $161.2 million (up 2.94% YoY), and the FY2025 annual result was $162.4 million, up 5.31% from the prior year.
- Interest Expenses fell to $39.3 million in Q1 2026 per NSA's latest filing, from $40.2 million in the prior quarter.
- Over five years, Interest Expenses peaked at $45.4 million in Q4 2023 and troughed at $22.6 million in Q1 2022.
- A 5-year average of $37.2 million and a median of $39.3 million in 2024 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2022 and 2024: Interest Expenses jumped 75.03% in 2022, then fell 13.43% in 2024.
- A 5-year view of Interest Expenses shows it stood at $34.6 million in 2022, then soared by 31.21% to $45.4 million in 2023, then declined by 13.43% to $39.3 million in 2024, then grew by 2.06% to $40.2 million in 2025, then decreased by 2.23% to $39.3 million in 2026.
- Business Quant data shows NSA's Interest Expenses at $39.3 million in Q1 2026, $40.2 million in Q4 2025, and $40.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 137.79 Bn | 141.12 Bn | 2.24 Bn | 260.45 Mn |
| 2 | Public Storage | 57.19 Bn | 57.15 Bn | 1.18 Bn | 80.02 Mn |
| 3 | Extra Space Storage | 31.69 Bn | 32.52 Bn | -204.61 Mn | - |
| 4 | Eastgroup Properties | 10.93 Bn | 10.93 Bn | 190.03 Mn | 9.08 Mn |
| 5 | Lineage | 10.07 Bn | 10.97 Bn | 417.00 Mn | - |
| 6 | CubeSmart | 9.54 Bn | 9.57 Bn | 191.86 Mn | 29.83 Mn |
| 7 | Rexford Industrial Realty | 7.99 Bn | 8.37 Bn | - | 26.60 Mn |
| 8 | STAG Industrial | 7.40 Bn | 7.47 Bn | - | 35.89 Mn |
| 9 | Terreno Realty | 7.04 Bn | 7.04 Bn | - | 8.99 Mn |
| 10 | National Storage Affiliates Trust | 3.52 Bn | 4.08 Bn | 133.37 Mn | 39.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 39.26 Mn |
| Mar 31, 2026 | 39.26 Mn |
| Dec 31, 2025 | 40.15 Mn |
| Dec 31, 2025 | 40.15 Mn |
| Sep 30, 2025 | 40.55 Mn |
| Sep 30, 2025 | 40.55 Mn |
| Jun 30, 2025 | 41.27 Mn |
| Jun 30, 2025 | 41.27 Mn |
| Mar 31, 2025 | 40.48 Mn |
| Mar 31, 2025 | 40.48 Mn |
| Dec 31, 2024 | 39.34 Mn |
| Dec 31, 2024 | 39.34 Mn |
| Sep 30, 2024 | 39.58 Mn |
| Sep 30, 2024 | 39.58 Mn |
| Jun 30, 2024 | 37.23 Mn |
| Jun 30, 2024 | 37.23 Mn |
| Mar 31, 2024 | 38.12 Mn |
| Mar 31, 2024 | 38.12 Mn |
| Dec 31, 2023 | 45.44 Mn |
| Dec 31, 2023 | 45.44 Mn |