National Storage Affiliates Trust

Delisted

CIK 1618563fmd_1HA28642P95CDRGYYXDXMDA2K8Finance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate

Coverage: Jan 01, 2013 to Mar 31, 2026, 50 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	199	268	331	388	432	586	802	858	770	753
Rental revenue	–	252	308	355	395	542	749	794	700	678
Cost of revenue	65	84	104	110	123	155	211	229	212	218
Gross profit	134	184	227	278	309	430	591	629	558	535
Depreciation and amortization	55	75	89	105	117	158	233	222	190	189
Gain on sale of real estate	0	6	0	3	0	0	5	64	64	16
Total operating expenses	141	190	229	–	–	–	–	–	–	–
Funds from operations (NAREIT definition, derived)	73	72	103	106	166	264	331	315	238	247
Operating income	58	79	102	–	–	–	–	–	–	–
Interest expense	24	34	43	56	63	72	111	166	154	162
Other non-operating income (expense)	(32)	(31)	(45)	(59)	(66)	(70)	(101)	(98)	(110)	(159)
Income before taxes	25	47	57	67	81	149	188	239	187	119
Income tax expense	0	1	1	1	2	2	5	2	4	3
Net income from continuing operations	25	46	56	66	79	147	184	237	183	116
Net income	18	3	14	4	49	105	104	157	112	74
Net income to common shareholders	18	1	4	(8)	36	92	90	138	91	53