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National Storage Affiliates Trust

NSANYSEReal EstateREIT - Industrial

$43.41Today:- (-)1Y +34.60%

As of Jul 21, 2026 close

Market cap
$3.36B
P/E (TTM)
42.79
Forward P/E
35.37
Dividend yield
4.02%
52-week range
$27.43$46.47
Volume (live)
-
Avg. volume (3M)
24.39M

National Storage Affiliates Trust (NSA) Financial Ratios

For fiscal 2025 (fiscal year ended Dec 31, 2025), National Storage Affiliates Trust had a P/E ratio of 40.74 (up from 31.74), return on equity of 7.0% (down from 9.4%), debt-to-equity of 2.24 (up from 1.97) and a current ratio of 0.16 (down from 1.13). A current ratio of 0.16 means current liabilities exceed current assets. Its dividend yield was 8.10% with a payout ratio of 264.8%.

National Storage Affiliates Trust Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

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BreakdownFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period endingDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Valuation Ratios
P/E Ratio40.7431.7425.0336.3566.9070.26
P/S Ratio2.913.833.984.0510.435.76
P/B Ratio1.421.641.621.372.481.74
Price/Tangible Book4.734.983.392.404.173.54
Price/OCF6.417.967.807.3918.5911.29
Enterprise Value Ratios
EV/Revenue8.749.849.529.4815.4711.54
EV/EBITDA14.3615.8814.6114.3624.0619.05
EV/EBIT24.6326.7524.0825.4841.2534.44
Profitability & Returns
Return on Equity (ROE)7.05%9.43%10.50%7.55%7.51%5.51%
Return on Assets (ROA)3.17%3.07%3.56%3.23%3.05%2.75%
Return on Invested Capital (ROIC)5.05%4.92%5.77%5.13%4.91%4.38%
Leverage & Solvency Ratios
Debt/Equity2.241.971.731.501.211.41
Debt/EBITDA7.527.406.516.677.857.64
Liquidity Ratios
Current Ratio0.161.137.591.770.830.82
Quick Ratio0.101.011.261.360.620.62
Efficiency Ratios
Asset Turnover0.140.130.140.140.130.13
Yield & Distribution Ratios
Earnings Yield3.40%3.86%4.55%3.16%1.71%1.95%
Dividend Yield8.10%5.94%5.33%5.89%2.35%4.86%
Payout Ratio264.79%172.41%133.99%201.59%137.59%212.39%
Buyback Yield0.27%47.38%-60.04%32.18%-101.99%-14.43%
Total Return8.36%53.32%-54.72%38.07%-99.63%-9.57%

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About National Storage Affiliates Trust Financial Ratios

What is National Storage Affiliates Trust's P/E ratio?

National Storage Affiliates Trust's P/E ratio was 40.74 for fiscal 2025 (period ended Dec 31, 2025). It was 31.74 a year earlier.

What is National Storage Affiliates Trust's return on equity?

National Storage Affiliates Trust's return on equity (ROE) was 7.0% for fiscal 2025 (period ended Dec 31, 2025). It was 9.4% a year earlier.

What is National Storage Affiliates Trust's debt-to-equity ratio?

National Storage Affiliates Trust's debt-to-equity ratio was 2.24 for fiscal 2025 (period ended Dec 31, 2025). It was 1.97 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition