* 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 FCF Margin % Chart
For the REIT - Industrial subindustry, National Storage Affiliates Trust's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
National Storage Affiliates Trust FCF Margin % vs REITs Industry
For the REITs industry and Real Estate sector, National Storage Affiliates Trust's FCF Margin % distribution charts can be found below:
* The bar in red indicates where National Storage Affiliates Trust's FCF Margin % falls into.
* 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 (NSA) has a FCF Margin % of 41.44% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on National Storage Affiliates Trust and its competitors. This is near median its historical median of 44.10. Over the past decade, National Storage Affiliates Trust's FCF Margin % has ranged from 39.51 to 51.79. According to the industry distribution chart, National Storage Affiliates Trust ranks #471 out of 936 companies in the REITs industry, placing it in the top 50.3%.
Is National Storage Affiliates Trust's FCF Margin % too high?
National Storage Affiliates Trust's current FCF Margin % of 41.44% is near median its 10-year median of 44.10. Over the past 10 years, this metric has ranged from a low of 39.51 to a high of 51.79. The REITs industry median FCF Margin % is 40.03. National Storage Affiliates Trust's value of 41.44% is 3.5% above this industry median. Based on the distribution chart, National Storage Affiliates Trust ranks #471 out of 936 companies in the REITs industry, which is below the industry midpoint. Overall, National Storage Affiliates Trust has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Storage Affiliates Trust's FCF Margin % compare to LXP and COLD?
According to the REITs industry distribution chart, National Storage Affiliates Trust ranks #471 out of 936 companies for FCF Margin %. This places National Storage Affiliates Trust in the lower half of its industry. The industry median FCF Margin % is 40.03. National Storage Affiliates Trust's value of 41.44% is 3.5% above this benchmark. Historically, National Storage Affiliates Trust's own FCF Margin % has ranged from 39.51 to 51.79 over the past decade. While the company's 10-year median is 44.10 vs. the industry median of 40.03, National Storage Affiliates Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 40.03, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Storage Affiliates Trust's current FCF Margin % of 41.44% is 3.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on National Storage Affiliates Trust and its competitors. For the REITs industry, the median FCF Margin % is 40.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Storage Affiliates Trust's current FCF Margin % is 41.44%, which is near median its own 10-year median of 44.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Storage Affiliates Trust stock overvalued right now?
Based on GuruFocus' analysis, National Storage Affiliates Trust (NSA) is currently considered Fairly Valued. The stock's GF Value™ is $40.60, compared to a current price of $44.14 — trading 8.7% above its estimated fair value. The current FCF Margin % is 41.44%, which is near median its 10-year median of 44.10 and 3.5% above the REITs industry median of 40.03. National Storage Affiliates Trust's overall GF Score™ is 81/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For National Storage Affiliates Trust (NSA), the current FCF Margin % is 41.44% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is National Storage Affiliates Trust (NSA) Overvalued in 2026?
Based on GuruFocus' analysis, National Storage Affiliates Trust stock appears to be overvalued.
The current stock price of $44.14 is trading 8.7% above its estimated GF Value™ of $40.60.
GuruFocus considers National Storage Affiliates Trust to be Fairly Valued.
Key valuation signals for NSA:
FCF Margin %: 41.44% (near median its 10-year median of 44.10)
GF Value™: $40.60 vs. price of $44.14 (8.7% above fair value)
Industry Position: 3.5% above the REITs median (#471 of 936)
No single metric tells the full story. See the NSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Storage Affiliates Trust Business Description
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. With the help of property management platform, the company manages and controls the day-to-day operations and affairs of consolidated properties and unconsolidated real estate ventures under the iStorage, SecurCare, RightSpace, Northwest and Move It brands.
81GF Score
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