NSA (National Storage Affiliates Trust) OCF Margin %: 47.16% (As of Mar. 2026) — Near Median


NSA National Storage Affiliates Trust NSA
81 GF Score
Price $44.37
GF Value $40.60
Valuation Fairly Valued
! 11 Warning Signs
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What is National Storage Affiliates Trust OCF Margin %?

National Storage Affiliates Trust NSA -0.16% 81 OCF Margin % is 47.16% as of Mar. 2026, which is 5% below its 10-year median of 49.80. GuruFocus rates NSA with a GF Score™ of 81/100 and a GF Value™ of $40.60 (Fairly Valued). The stock has 11 warning signs investors should review. Among 936 REITs companies, National Storage Affiliates Trust ranks worse than 54.17% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. National Storage Affiliates Trust's Cash Flow from Operations for the three months ended in Mar. 2026 was $87.4 Mil. National Storage Affiliates Trust's Revenue for the three months ended in Mar. 2026 was $185.4 Mil. Therefore, National Storage Affiliates Trust's OCF Margin % for the quarter that ended in Mar. 2026 was 47.16%.

As of today, National Storage Affiliates Trust's current OCF Yield % is 9.93%.

The historical rank and industry rank for National Storage Affiliates Trust's OCF Margin % or its related term are showing as below:

NSA' s OCF Margin % Range Over the Past 10 Years
Min: 44.96   Med: 49.8   Max: 56.58
Current: 45.38


During the past 13 years, the highest OCF Margin % of National Storage Affiliates Trust was 56.58%. The lowest was 44.96%. And the median was 49.80%.

NSA's OCF Margin % is ranked worse than
54.17% of 936 companies
in the REITs industry
Industry Median: 49.535 vs NSA: 45.38


National Storage Affiliates Trust OCF Margin % Related Terms


National Storage Affiliates Trust OCF Margin % Historical Data

* Premium members only.

The historical data trend for National Storage Affiliates Trust's OCF Margin % 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.

National Storage Affiliates Trust OCF Margin % Chart

National Storage Affiliates Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.58 55.37 51.46 47.13 44.96

National Storage Affiliates Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % 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 45.46 42.30 53.09 38.93 47.16

NSA vs LXP, COLD, SMA: OCF Margin % Comparison

For the REIT - Industrial subindustry, National Storage Affiliates Trust's OCF Margin %, along with its competitors' market caps and OCF 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 OCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, National Storage Affiliates Trust's OCF Margin % distribution charts can be found below:

* The bar in red indicates where National Storage Affiliates Trust's OCF Margin % falls into.


NSA
81GF Score
National Storage Affiliates Trust NSA
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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National Storage Affiliates Trust OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

National Storage Affiliates Trust's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=338.501/752.929
=44.96 %

National Storage Affiliates Trust's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=87.44/185.401
=47.16 %

* 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.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 47.16% mean?
National Storage Affiliates Trust (NSA) has a OCF Margin % of 47.16% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on National Storage Affiliates Trust and its competitors. This is near median its historical median of 49.80. Over the past decade, National Storage Affiliates Trust's OCF Margin % has ranged from 44.96 to 56.58. According to the industry distribution chart, National Storage Affiliates Trust ranks #507 out of 936 companies in the REITs industry, placing it in the top 54.2%.
Is National Storage Affiliates Trust's OCF Margin % too high?
National Storage Affiliates Trust's current OCF Margin % of 47.16% is near median its 10-year median of 49.80. Over the past 10 years, this metric has ranged from a low of 44.96 to a high of 56.58. The REITs industry median OCF Margin % is 49.54. National Storage Affiliates Trust's value of 47.16% is 4.8% below this industry median. Based on the distribution chart, National Storage Affiliates Trust ranks #507 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 OCF Margin % compare to LXP and COLD?
According to the REITs industry distribution chart, National Storage Affiliates Trust ranks #507 out of 936 companies for OCF Margin %. This places National Storage Affiliates Trust in the lower half of its industry. The industry median OCF Margin % is 49.54. National Storage Affiliates Trust's value of 47.16% is 4.8% below this benchmark. Historically, National Storage Affiliates Trust's own OCF Margin % has ranged from 44.96 to 56.58 over the past decade. While the company's 10-year median is 49.80 vs. the industry median of 49.54, National Storage Affiliates Trust has consistently been below 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 OCF Margin % for a REITs company?
The median OCF Margin % among REITs companies is 49.54, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Storage Affiliates Trust's current OCF Margin % of 47.16% is 4.8% below 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on National Storage Affiliates Trust and its competitors. For the REITs industry, the median OCF Margin % is 49.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Storage Affiliates Trust's current OCF Margin % is 47.16%, which is near median its own 10-year median of 49.80. 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 $44.37 — trading 9.3% above its estimated fair value. The current OCF Margin % is 47.16%, which is near median its 10-year median of 49.80 and 4.8% below the REITs industry median of 49.54. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For National Storage Affiliates Trust (NSA), the current OCF Margin % is 47.16% 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 $44.37 is trading 9.3% above its estimated GF Value™ of $40.60. GuruFocus considers National Storage Affiliates Trust to be Fairly Valued.

Key valuation signals for NSA:

  • OCF Margin %: 47.16% (near median its 10-year median of 49.80)
  • GF Value™: $40.60 vs. price of $44.37 (9.3% above fair value)
  • GF Score™: 81/100 with 11 warning signs
  • Industry Position: 4.8% below the REITs median (#507 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

Industry Real EstateREITs
Other Exchanges NSApA.PFD:USANSAT34:Brazil
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. 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

Get the complete analysis for NSA

OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$44.37
Price
$40.60
GF Value