National Storage Affiliates Trust (NSA) Interest Expenses (2014 - 2026)
National Storage Affiliates Trust's (NSA) quarterly Interest Expenses came in at $39.3 million in Q1 2026, down 3.01% year-on-year from $40.5 million in Q1 2025, and down 2.23% on a QoQ basis 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.
- On a quarterly basis, Interest Expenses fell 3.01% year-over-year to $39.3 million in Q1 2026; TTM through Mar 2026 was $161.2 million, a 2.94% increase from a year earlier, with the FY2025 full-year figure at $162.4 million, up 5.31% from the prior year.
- Interest Expenses for Q1 2026 stood at $39.3 million, down from $40.2 million in the prior quarter.
- Over the last five years, Interest Expenses for NSA reached as high as $134.9 million in Q4 2023 and fell as low as $22.6 million in Q1 2022.
- Historically, Interest Expenses has averaged $43.1 million across 5 years, with a median of $39.6 million in 2024.
- Across the five-year window, Interest Expenses jumped 198.62% in 2023 and slumped 70.84% in 2024, its largest moves.
- Year by year, Interest Expenses stood at $45.2 million in 2022, then soared by 198.62% to $134.9 million in 2023, then slumped by 70.84% to $39.3 million in 2024, then gained by 2.06% to $40.2 million in 2025, then declined by 2.23% to $39.3 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were $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 | 134.75 Bn | 139.31 Bn | 2.24 Bn | 281.91 Mn |
| 2 | Public Storage | 55.31 Bn | 55.27 Bn | 1.18 Bn | 92.26 Mn |
| 3 | Extra Space Storage | 30.66 Bn | 31.49 Bn | 617.72 Mn | 161.18 Mn |
| 4 | Eastgroup Properties | 11.49 Bn | 11.49 Bn | 193.10 Mn | 8.99 Mn |
| 5 | CubeSmart | 9.34 Bn | 9.36 Bn | 191.86 Mn | 34.78 Mn |
| 6 | Lineage | 9.30 Bn | 9.23 Bn | 417.00 Mn | 89.00 Mn |
| 7 | Rexford Industrial Realty | 8.22 Bn | 8.54 Bn | - | 33.13 Mn |
| 8 | STAG Industrial | 7.73 Bn | 7.81 Bn | - | 84.10 Mn |
| 9 | Terreno Realty | 7.56 Bn | 7.56 Bn | - | 1.80 Bn |
| 10 | National Storage Affiliates Trust | 3.35 Bn | 3.91 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 | 134.90 Mn |
| Dec 31, 2023 | 134.90 Mn |