National Storage Affiliates Trust (NSA) Operating Leases (2019 - 2026)

National Storage Affiliates Trust (NSA) has 8 years of Operating Leases data on file, last reported at $22.3 million in Q1 2026.

• Operating Leases for Q1 2026 came in at $22.3 million, down 1.51% year-over-year; the trailing twelve-month figure through Mar 2026 was $22.3 million (down 1.51% YoY), and the FY2025 annual result was $22.6 million, down 1.17% from the prior year.
• Operating Leases eased to $22.3 million in Q1 2026 per NSA's latest filing, from $22.6 million in the prior quarter.
• Over five years, Operating Leases peaked at $25.7 million in Q4 2022 and troughed at $22.3 million in Q1 2026.
• A 5-year average of $23.7 million and a median of $23.6 million in 2022 frame the typical range for Operating Leases.
• The sharpest annual moves came in 2023 and 2024: Operating Leases rose 7.48% in 2023, then dropped 6.38% in 2024.
• A 5-year view of Operating Leases shows it stood at $25.7 million in 2022, then declined by 6.01% to $24.2 million in 2023, then retreated by 5.4% to $22.9 million in 2024, then slipped by 1.17% to $22.6 million in 2025, then fell by 1.33% to $22.3 million in 2026.
• Business Quant data shows NSA's Operating Leases at $22.3 million in Q1 2026, $22.6 million in Q4 2025, and $22.4 million in Q3 2025.