NSA (National Storage Affiliates Trust) Selling, General, & Admin. Expense: $51.2 Mil (TTM As of Mar. 2026)


NSA National Storage Affiliates Trust NSA
79 GF Score
Price $44.80
GF Value $40.53
Valuation Modestly Overvalued
! 11 Warning Signs
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What is National Storage Affiliates Trust Selling, General, & Admin. Expense?

National Storage Affiliates Trust NSA -2.48% 79 Selling, General, & Admin. Expense is $51.2 Mil as of Mar. 2026. GuruFocus rates NSA with a GF Score™ of 79/100 and a GF Value™ of $40.53 (Modestly Overvalued). The stock has 11 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. National Storage Affiliates Trust's selling, general, & admin. expense for the three months ended in Mar. 2026 was $13.2 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was $51.2 Mil.


National Storage Affiliates Trust  (NYSE:NSA) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


National Storage Affiliates Trust Selling, General, & Admin. Expense Related Terms


National Storage Affiliates Trust Selling, General, & Admin. Expense Historical Data

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The historical data trend for National Storage Affiliates Trust's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

National Storage Affiliates Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.00 59.31 59.28 57.61 51.13

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
Selling, General, & Admin. Expense 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 13.15 12.80 11.46 13.72 13.23

NSA vs LXP, COLD, SMA: Selling, General, & Admin. Expense Comparison

For the REIT - Industrial subindustry, National Storage Affiliates Trust's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs REITs Industry

For the REITs industry and Real Estate sector, National Storage Affiliates Trust's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where National Storage Affiliates Trust's Selling, General, & Admin. Expense falls into.


NSA
79GF Score
National Storage Affiliates Trust NSA
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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National Storage Affiliates Trust Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $51.2 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.

What does a Selling, General, & Admin. Expense of $51.2 Mil mean?
National Storage Affiliates Trust (NSA) has a Selling, General, & Admin. Expense of $51.2 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on National Storage Affiliates Trust and its competitors.
Is National Storage Affiliates Trust's Selling, General, & Admin. Expense too high?
National Storage Affiliates Trust's current Selling, General, & Admin. Expense is $51.2 Mil. Overall, National Storage Affiliates Trust has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Storage Affiliates Trust's Selling, General, & Admin. Expense compare to LXP and COLD?
National Storage Affiliates Trust's Selling, General, & Admin. Expense of $51.2 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a REITs company?
A good Selling, General, & Admin. Expense depends on the REITs industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on National Storage Affiliates Trust and its competitors. National Storage Affiliates Trust's current Selling, General, & Admin. Expense is $51.2 Mil. 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 Modestly Overvalued. The stock's GF Value™ is $40.53, compared to a current price of $44.80 — trading 10.5% above its estimated fair value. The current Selling, General, & Admin. Expense is $51.2 Mil. National Storage Affiliates Trust's overall GF Score™ is 79/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For National Storage Affiliates Trust (NSA), the current Selling, General, & Admin. Expense is $51.2 Mil 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 $44.80 is trading 10.5% above its estimated GF Value™ of $40.53. GuruFocus considers National Storage Affiliates Trust to be Modestly Overvalued.

Key valuation signals for NSA:

  • Selling, General, & Admin. Expense: $51.2 Mil
  • GF Value™: $40.53 vs. price of $44.80 (10.5% above fair value)
  • GF Score™: 79/100 with 11 warning signs

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.
79GF Score

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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$44.80
Price
$40.53
GF Value