NSA Q1 2023 Earnings — National Storage Affiliates Trust Revenue & Financial Results | Market Cap Arena

NSANational Storage Affiliates Trust

$3B

Q1 2023 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$210M+11.1% YoY

Gross Profit

$152M72.7% margin

Operating Income

$138M65.6% margin

Net Income

$29M13.8% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

-0.6%

Cash Flow

Operating Cash Flow

$110M

Free Cash Flow

$101M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$6.2B

Total Liabilities

$3.8B

Stockholders' Equity

$1.6B

Cash & Equivalents

$44M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$210M	$189M	+11.1%
Gross Profit	$152M	$139M	+9.8%
Operating Income	$138M	$125M	+10.2%
Net Income	$29M	$25M	+14.8%

Revenue Segments

Tenant Insurance And Protection Plan Fees And Commissions

$6M42%

Property Management, Call Center, And Platform Fees

$4M32%

Tenant Warranty Protection

$3M21%

Retail Products And Supplies

$600,0005%