KPIs & Operating Metrics(New)

National Storage Affiliates Trust (NSA) Operating Margin (2016 - 2025)

National Storage Affiliates Trust has reported Operating Margin over the past 12 years, most recently at 36.74% for Q4 2025.

  • Quarterly Operating Margin fell 7871.0% to 36.74% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 28.04% through Dec 2025, down 1511.0% year-over-year, with the annual reading at 34.84% for FY2025, 193.0% down from the prior year.
  • Operating Margin was 36.74% for Q4 2025 at National Storage Affiliates Trust, up from 8.25% in the prior quarter.
  • Over five years, Operating Margin peaked at 115.44% in Q4 2024 and troughed at 58.64% in Q4 2022.
  • The 5-year median for Operating Margin is 34.21% (2022), against an average of 27.43%.
  • Biggest five-year swings in Operating Margin: surged 10545bps in 2021 and later tumbled -9412bps in 2022.
  • Tracing NSA's Operating Margin over 5 years: stood at 35.48% in 2021, then plummeted by -265bps to 58.64% in 2022, then surged by 124bps to 14.04% in 2023, then skyrocketed by 722bps to 115.44% in 2024, then tumbled by -68bps to 36.74% in 2025.
  • According to Business Quant data, Operating Margin over the past three periods came in at 36.74%, 8.25%, and 33.78% for Q4 2025, Q3 2025, and Q2 2025 respectively.