How many employees does National Storage Affiliates Trust have?

National Storage Affiliates Trust reported 1,458 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 26, 2026. That is down 0.5% from a year earlier.

What is National Storage Affiliates Trust's revenue per employee?

National Storage Affiliates Trust brought in $753M of revenue in fiscal Dec 2025, which is $516K per employee. That ranks 8 of 11 companies we track in REIT - Industrial, where the median is $3.14M.

Where do these numbers come from?

Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

Company data

National Storage Affiliates Trust employees and revenue per employee

NSA · REIT - Industrial · $3.35B market cap

National Storage Affiliates Trust had 1,458 employees at the end of fiscal Dec 2025, down 0.5% from a year earlier. Revenue for the year was $753M, down 2.3% from a year earlier, or $516K per employee. Revenue fell, and headcount fell or held flat with it.

Employees

1,458

-0.5% YoY

Revenue

$753M

-2.3% YoY

Revenue / employee

$516K

Peer median $3.14M

Rank in industry

8 of 11

REIT - Industrial

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2016

Hover a year for the numbers.

NSA employees and revenue by fiscal year
Year ending	Employees	Revenue	Per employee	Staff YoY	Revenue YoY
Dec 2025	1,458	$753M	$516K	-0.5%	-2.3%
Dec 2024	1,466	$770M	$525K	+32.3%	-10.2%
Dec 2023	1,108	$858M	$774K	-4.1%	+7.0%
Dec 2022	1,155	$802M	$694K	-1.7%	+36.9%
Dec 2021	1,175	$586M	$498K	+27.2%	+35.5%
Dec 2020	924	$432M	$468K	+101.3%	+12.9%
Dec 2019	459	$383M	$834K	-0.4%	+15.7%
Dec 2018	461	$331M	$718K	+118.5%	+23.4%
Dec 2017	211	$268M	$1.27M	+8.2%	+34.7%
Dec 2016	195	$199M	$1.02M	—	—

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years

Revenue per employee, last six fiscal years

National Storage Affiliates Trust against similar companies

The closest industry peers by revenue, from REIT - Industrial.

Company	Employees	Revenue	Revenue / employee	Shape
TRNO Terreno Realty Corporation	47	$476M	$10.1M	Leaner
STAG STAG Industrial, Inc.	93	$845M	$9.09M	Efficient growth
EGP EastGroup Properties, Inc.	103	$721M	$7.00M	Efficient growth
FR First Industrial Realty Trust, Inc.	151	$727M	$4.82M	Efficient growth
REXR Rexford Industrial Realty, Inc.	256	$1.00B	$3.92M	Leaner
PSA Public Storage	5,770	$4.82B	$836K	Leaner
NSA National Storage Affiliates Trust	1,458	$753M	$516K	Contracting
EXR Extra Space Storage Inc.	8,393	$3.38B	$402K	Hiring ahead
CUBE CubeSmart	3,121	$1.12B	$360K	Efficient growth

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Questions about National Storage Affiliates Trust

How many employees does National Storage Affiliates Trust have?: National Storage Affiliates Trust reported 1,458 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 26, 2026. That is down 0.5% from a year earlier.
What is National Storage Affiliates Trust's revenue per employee?: National Storage Affiliates Trust brought in $753M of revenue in fiscal Dec 2025, which is $516K per employee. That ranks 8 of 11 companies we track in REIT - Industrial, where the median is $3.14M.
Where do these numbers come from?: Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Compare NSA with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

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Source: employee counts and revenue as stated in National Storage Affiliates Trust's annual reports (Form 10-K), latest filed February 26, 2026. This is data, not a recommendation to buy or sell NSA.