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National Storage Affiliates Trust (National Storage Affiliates Trust) Net Income : $156.7 Mil (TTM As of Dec. 2023)


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What is National Storage Affiliates Trust Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. National Storage Affiliates Trust's Net Income for the three months ended in Dec. 2023 was $69.0 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $156.7 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. National Storage Affiliates Trust's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.45.


National Storage Affiliates Trust Net Income Historical Data

The historical data trend for National Storage Affiliates Trust's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

National Storage Affiliates Trust Net Income Chart

National Storage Affiliates Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.98 48.61 105.25 103.74 156.67

National Storage Affiliates Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.26 28.96 29.45 29.24 69.03

National Storage Affiliates Trust Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

National Storage Affiliates Trust's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=238.578+-1.59+0+-80.319
=156.7

National Storage Affiliates Trust's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=106.791+1.265+0+-39.029
=69.0

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $156.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


National Storage Affiliates Trust  (NYSE:NSA) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

National Storage Affiliates Trust's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


National Storage Affiliates Trust Net Income Related Terms

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National Storage Affiliates Trust (National Storage Affiliates Trust) Business Description

Traded in Other Exchanges
Address
8400 East Prentice Avenue, 9th Floor, Greenwood Village, CO, USA, 80111
National Storage Affiliates Trust Trust is a real estate investment trust. The company owns, operates, and acquires self-storage properties located within the metropolitan statistical areas throughout the United States. It owned a diversified portfolio of more than 1050 self-storage properties, located in more than 42 states and Puerto Rico, comprising approximately 67.8 million rentable square feet, configured in approximately 533,000 storage units. National Storage's portfolio consists of self-storage properties designed to offer convenient, affordable, and secure storage units.
Executives
Arlen Dale Nordhagen director, 10 percent owner, officer: Chief Executive Officer 5200 DTC PARKWAY, STE 200, GREENWOOD VILLAGE CO 80111
Tamara D Fischer officer: Chief Financial Officer 5200 DTC PARKWAY, SUITE 200, GREENWOOD VILLAGE CO 80111
Cowan William S. Jr. officer: Chief Strategy Officer 8400 EAST PRENTICE AVENUE, 9TH FLOOR, GREENWOOD VILLAGE CO 80111
Derek Bergeon officer: Chief Operating Officer 8400 EAST PRENTICE AVENUE, 9TH FLOOR, GREENWOOD VILLAGE CO 80111
Tiffany S. Kenyon officer: Chief Legal Officer C/O NATIONAL STORAGE AFFILIATES TRUST, 8400 EAST PRENTICE AVENUE, 9TH FLOOR, GREENWOOD VILLAGE CO 80111
Chad Leroy Meisinger director 71 VIA SONRISA, SAN CLEMENTE CA 92673
J. Timothy Warren director C/O NATIONAL STORAGE AFFILIATES TRUST, 8400 EAST PRENTICE AVENUE, 9TH FLOOR, GREENWOOD VILLAGE CO 80111
David Cramer officer: Chief Operating Officer 8400 E. PRENTICE AVENUE, 9TH FLOOR, GREENWOOD VILLAGE CO 80111
Hylbert Paul William Jr director 2705 SOUTH BOSTON COURT, DENVER CO 802231
Mourick Mark Van director 24901 DANA POINT HARBOR DRIVE, SUITE 230, DANA POINT CA 92629
Charles F Wu director C/O NATIONAL STORAGE AFFILIATES TRUST, 8400 EAST PRENTICE AVENUE, 9TH FLOOR, GREENWOOD VILLAGE CO 80111
Rebecca Lee Steinfort director 2500 W EXECUTIVE PKWY, #100, LEHI UT 84043
Brandon Togashi officer: Chief Accounting Officer C/O NATIONAL STORAGE AFFILIATES TRUST, 5200 DTC PARKWAY, SUIT 200, GREENWOOD VILLAGE CO 80111
Steven B Treadwell officer: Senior Vice President 5200 DTC PARKWAY, SUITE 200, GREENWOOD VILLAGE CO 80111
Kevin Maxen Howard director, 10 percent owner 14855 SE 82ND DRIVE, CLACKAMAS OR 97015

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