National Storage Affiliates Trust (NSA) Share-based Compensation (2014 - 2026)
National Storage Affiliates Trust's (NSA) quarterly Share-based Compensation came in at $2.4 million in Q1 2026, down 21.4% year-on-year from $3.1 million in Q1 2025, and down 15.53% on a QoQ basis from $2.9 million in Q4 2025.
National Storage Affiliates Trust (NSA) Share-based Compensation (2014 - 2026) Analysis & Trends
National Storage Affiliates Trust (NSA) has 13 years of Share-based Compensation data on file, last reported at $2.4 million in Q1 2026.
- On a quarterly basis, Share-based Compensation fell 21.4% year-over-year to $2.4 million in Q1 2026; TTM through Mar 2026 was $11.5 million, a 20.99% increase from a year earlier, with the FY2025 full-year figure at $12.2 million, up 46.74% from the prior year.
- Share-based Compensation for Q1 2026 stood at $2.4 million, down from $2.9 million in the prior quarter.
- Over the last five years, Share-based Compensation for NSA reached as high as $3.1 million in Q2 2025 and fell as low as $1.5 million in Q1 2022.
- Historically, Share-based Compensation has averaged $2.1 million across 5 years, with a median of $1.9 million in 2024.
- Across the five-year window, Share-based Compensation surged 65.98% in 2025 and dropped 21.4% in 2026, its largest moves.
- Year by year, Share-based Compensation stood at $1.6 million in 2022, then increased by 3.97% to $1.7 million in 2023, then soared by 34.04% to $2.2 million in 2024, then advanced by 29.46% to $2.9 million in 2025, then retreated by 15.53% to $2.4 million in 2026.
- Per Business Quant data, the three most recent Share-based Compensation figures were $2.4 million in Q1 2026, $2.9 million in Q4 2025, and $3.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 136.88 Bn | 136.88 Bn | 2.24 Bn | -129.72 Mn |
| 2 | Public Storage | 57.45 Bn | 57.32 Bn | 1.18 Bn | 2.60 Mn |
| 3 | Extra Space Storage | 31.56 Bn | 31.56 Bn | 617.72 Mn | 10.53 Mn |
| 4 | Eastgroup Properties | 11.43 Bn | 11.43 Bn | 193.10 Mn | 2.82 Mn |
| 5 | CubeSmart | 9.69 Bn | 9.69 Bn | 191.86 Mn | 2.17 Mn |
| 6 | Lineage | 9.50 Bn | 9.44 Bn | 417.00 Mn | 30.00 Mn |
| 7 | Rexford Industrial Realty | 8.87 Bn | 8.82 Bn | - | 2.10 Mn |
| 8 | STAG Industrial | 7.83 Bn | 7.83 Bn | - | 3.47 Mn |
| 9 | Terreno Realty | 7.67 Bn | 7.67 Bn | - | 4.50 Mn |
| 10 | National Storage Affiliates Trust | 3.35 Bn | 3.91 Bn | 133.37 Mn | 2.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.42 Mn |
| Mar 31, 2026 | 2.42 Mn |
| Dec 31, 2025 | 2.87 Mn |
| Dec 31, 2025 | 2.87 Mn |
| Sep 30, 2025 | 3.11 Mn |
| Sep 30, 2025 | 3.11 Mn |
| Jun 30, 2025 | 3.14 Mn |
| Jun 30, 2025 | 3.14 Mn |
| Mar 31, 2025 | 3.08 Mn |
| Mar 31, 2025 | 3.08 Mn |
| Dec 31, 2024 | 2.21 Mn |
| Dec 31, 2024 | 2.21 Mn |
| Sep 30, 2024 | 1.91 Mn |
| Sep 30, 2024 | 1.91 Mn |
| Jun 30, 2024 | 2.33 Mn |
| Jun 30, 2024 | 2.33 Mn |
| Mar 31, 2024 | 1.86 Mn |
| Mar 31, 2024 | 1.86 Mn |
| Dec 31, 2023 | 1.65 Mn |
| Dec 31, 2023 | 1.65 Mn |