National Storage Affiliates Trust (NSA) Minority Interest (2014 - 2026)
National Storage Affiliates Trust's (NSA) quarterly Minority Interest came in at $562.3 million in Q1 2026, down 14.57% year-on-year from $658.2 million in Q1 2025, and down 4.32% on a QoQ basis from $587.7 million in Q4 2025.
National Storage Affiliates Trust (NSA) Minority Interest (2014 - 2026) Analysis & Trends
National Storage Affiliates Trust (NSA) has 13 years of Minority Interest data on file, last reported at $562.3 million in Q1 2026.
- On a quarterly basis, Minority Interest fell 14.57% year-over-year to $562.3 million in Q1 2026; TTM through Mar 2026 was $562.3 million, a 14.57% decrease from a year earlier, with the FY2025 full-year figure at $587.7 million, down 14.49% from the prior year.
- Minority Interest for Q1 2026 stood at $562.3 million, down from $587.7 million in the prior quarter.
- Over the last five years, Minority Interest for NSA reached as high as $814.0 million in Q3 2024 and fell as low as $562.3 million in Q1 2026.
- Historically, Minority Interest has averaged $692.8 million across 5 years, with a median of $700.2 million in 2023.
- Across the five-year window, Minority Interest soared 53.54% in 2022 and retreated 25.2% in 2025, its largest moves.
- Year by year, Minority Interest stood at $740.8 million in 2022, then declined by 5.02% to $703.7 million in 2023, then fell by 2.31% to $687.4 million in 2024, then retreated by 14.49% to $587.7 million in 2025, then decreased by 4.32% to $562.3 million in 2026.
- Per Business Quant data, the three most recent Minority Interest figures were $562.3 million in Q1 2026, $587.7 million in Q4 2025, and $608.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Prologis | 136.72 Bn | 136.72 Bn | 2.24 Bn |
| 2 | Public Storage | 56.92 Bn | 56.79 Bn | 1.18 Bn |
| 3 | Extra Space Storage | 31.35 Bn | 31.35 Bn | 617.72 Mn |
| 4 | Eastgroup Properties | 11.31 Bn | 11.31 Bn | 193.10 Mn |
| 5 | Lineage | 9.72 Bn | 9.65 Bn | 417.00 Mn |
| 6 | CubeSmart | 9.62 Bn | 9.62 Bn | 191.86 Mn |
| 7 | Rexford Industrial Realty | 8.86 Bn | 8.81 Bn | - |
| 8 | STAG Industrial | 7.76 Bn | 7.76 Bn | - |
| 9 | Terreno Realty | 7.66 Bn | 7.66 Bn | - |
| 10 | National Storage Affiliates Trust | 3.35 Bn | 3.91 Bn | 133.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 562.33 Mn |
| Dec 31, 2025 | 587.75 Mn |
| Sep 30, 2025 | 608.92 Mn |
| Jun 30, 2025 | 635.60 Mn |
| Mar 31, 2025 | 658.21 Mn |
| Dec 31, 2024 | 687.37 Mn |
| Sep 30, 2024 | 814.02 Mn |
| Jun 30, 2024 | 625.86 Mn |
| Mar 31, 2024 | 670.05 Mn |
| Dec 31, 2023 | 703.65 Mn |
| Sep 30, 2023 | 700.18 Mn |
| Jun 30, 2023 | 759.03 Mn |
| Mar 31, 2023 | 769.66 Mn |
| Dec 31, 2022 | 740.81 Mn |
| Sep 30, 2022 | 738.38 Mn |
| Jun 30, 2022 | 752.54 Mn |
| Mar 31, 2022 | 763.06 Mn |
| Dec 31, 2021 | 707.23 Mn |
| Sep 30, 2021 | 628.82 Mn |
| Jun 30, 2021 | 520.23 Mn |