National Storage Affiliates Trust
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $752.9M | $770.3M | $858.1M | $801.6M | $585.7M |
| Cost of revenue | $217.5M | $211.9M | $229.0M | $211.0M | $155.3M |
| Cash from operations | $338.5M | $363.1M | $441.6M | $443.8M | $331.3M |
| Capital expenditure | $561,000 | $1.9M | $1.3M | $928,000 | $426,000 |
| Free cash flow | $337.9M | $361.1M | $440.3M | $442.9M | $330.9M |
| Share repurchases | $0 | $275.2M | $310.2M | $90.1M | $0 |
| Impairments | $0 | $0 | $0 | $0 | $0 |
| Total assets | $5.1B | $5.4B | $5.9B | $6.1B | $5.6B |
| Total liabilities | $3.5B | $3.6B | $3.8B | $3.7B | $3.1B |
| Total debt | $3.4B | $3.4B | $3.7B | $3.6B | $2.9B |
Shares outstanding 77.2M · Free float 84.3%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.