NSA Q1 2024 Earnings — National Storage Affiliates Trust Revenue & Financial Results | Market Cap Arena

NSANational Storage Affiliates Trust

$3B

Q1 2024 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$196M-6.4% YoY

Gross Profit

$141M72.1% margin

Operating Income

$75M38.2% margin

Net Income

$59M30.1% margin

EPS (Diluted)

$0.65

QoQ Revenue Growth

-8.9%

Cash Flow

Operating Cash Flow

$94M

Free Cash Flow

$88M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$5.4B

Total Liabilities

$3.4B

Stockholders' Equity

$1.3B

Cash & Equivalents

$64M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$196M	$210M	-6.4%
Gross Profit	$141M	$152M	-7.1%
Operating Income	$75M	$138M	-45.5%
Net Income	$59M	$29M	+103.8%

Revenue Segments

Tenant Insurance And Protection Plan Fees And Commissions

$6M37%

Tenant Warranty Protection

$5M31%

Property Management, Call Center, And Platform Fees

$4M28%

Retail Products And Supplies

$500,0003%