National Storage Affiliates Trust (NSA) — Cash Flow Quality Index

Latest as of March 2026: 3.16x

National Storage Affiliates Trust (NSA) has a Cash Flow Quality Index of 3.16x as of March 2026. Operating cash flow of $87.44 Million exceeds net income of $27.68 Million, indicating high earnings quality where cash backs reported profits. Explore National Storage Affiliates Trust debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

3.16x
Operating CF / Net Income

Operating Cash Flow

$87.44 Million
USD

Net Income

$27.68 Million
USD

Data as of

Mar 2026
Most recent filing

National Storage Affiliates Trust Cash Flow Quality Index (2015–2025)

Historical Cash Flow Quality Index for National Storage Affiliates Trust across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see National Storage Affiliates Trust cash flow conversion.

Annual Cash Flow Quality Index for National Storage Affiliates Trust (2015–2025)

Year-by-year earnings quality comparison for National Storage Affiliates Trust.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 2.76x $338.50 Million $122.48 Million ▲ +39.5%
2024 1.98x $363.06 Million $183.27 Million ▲ +6.3%
2023 1.86x $441.58 Million $236.99 Million ▼ -22.9%
2022 2.42x $443.85 Million $183.76 Million ▲ +7.1%
2021 2.26x $331.35 Million $146.94 Million ▼ -18.8%
2020 2.78x $220.65 Million $79.48 Million ▼ -6.8%
2019 2.98x $196.65 Million $66.01 Million ▲ +3.7%
2018 2.87x $161.80 Million $56.33 Million ▲ +6.3%
2017 2.70x $124.29 Million $46.00 Million ▼ -29.3%
2016 3.82x $95.08 Million $24.87 Million ▼ -64.3%
2015 10.72x $51.41 Million $4.80 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.