National Storage Affiliates Trust (NSA)

NSA Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	858.06	801.57	585.67	432.22	387.9
Revenue Growth (YoY)	7.05%	36.86%	35.50%	11.43%	17.23%
Cost of Revenue	228.99	211.03	155.27	123.49	110.35
Gross Profit	629.08	590.54	430.41	308.74	277.55
Selling, General & Admin	59.28	59.31	51	43.64	44.03
Other Operating Expenses	233.1	241.7	161.17	117.98	106.67
Operating Expenses	292.38	301.01	212.17	161.62	150.7
Operating Income	336.7	289.54	218.24	147.11	126.85
Interest Expense / Income	166.15	110.6	72.06	62.6	56.46
Other Expense / Income	12.29	70.51	39.24	34.24	65.05
Pretax Income	158.26	108.43	106.94	50.28	5.33
Income Tax	1.59	4.69	1.69	1.67	1.35
Net Income	156.67	103.74	105.25	48.61	3.98
Preferred Dividends	19.02	13.43	13.1	13.1	12.39
Net Income Common	137.65	90.31	92.15	35.51	-8.41
Net Income Growth	52.42%	-1.99%	159.49%	-	-
Shares Outstanding (Basic)	87	91	81	67	58
Shares Outstanding (Diluted)	146	91	135	67	58
Shares Change	60.04%	-32.18%	101.99%	14.43%	9.22%
EPS (Basic)	1.58	0.99	1.13	0.53	-0.15
EPS (Diluted)	1.48	0.99	0.98	0.53	-0.15
EPS Growth	49.49%	1.02%	84.91%	-	-
Free Cash Flow	619.61	-85.27	-1,663.84	-293.7	-194
Free Cash Flow Per Share	7.13	-0.94	-20.49	-4.41	-3.33
Dividend Per Share	2.230	2.150	1.590	1.350	1.270
Dividend Growth	3.72%	35.22%	17.78%	6.30%	9.48%
Gross Margin	73.31%	73.67%	73.49%	71.43%	71.55%
Operating Margin	39.24%	36.12%	37.26%	34.04%	32.70%
Profit Margin	16.04%	11.27%	15.73%	8.22%	-2.17%
Free Cash Flow Margin	72.21%	-10.64%	-284.09%	-67.95%	-50.01%
Effective Tax Rate	1.00%	4.32%	1.58%	3.32%	25.33%
EBITDA	546.4	452.18	337.32	230.05	166.92
EBITDA Margin	63.68%	56.41%	57.59%	53.22%	43.03%
Depreciation & Amortization	221.99	233.16	158.31	117.17	105.12
EBIT	324.41	219.03	179.01	112.88	61.8
EBIT Margin	37.81%	27.32%	30.56%	26.12%	15.93%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).