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Side-by-side financial comparison of Accel Entertainment, Inc. (ACEL) and National Storage Affiliates Trust (NSA). Click either name above to swap in a different company.

Accel Entertainment, Inc. is the larger business by last-quarter revenue ($341.4M vs $187.0M, roughly 1.8× National Storage Affiliates Trust). National Storage Affiliates Trust runs the higher net margin — 12.2% vs 4.7%, a 7.5% gap on every dollar of revenue. On growth, Accel Entertainment, Inc. posted the faster year-over-year revenue change (7.5% vs -1.6%). National Storage Affiliates Trust produced more free cash flow last quarter ($299.8M vs $16.0M). Over the past eight quarters, Accel Entertainment, Inc.'s revenue compounded faster (6.4% CAGR vs -2.4%).

Legendary Entertainment, LLC is an American mass media and film production company based in Burbank, California, founded by Thomas Tull in 2000. The company has often collaborated with the major studios, including Warner Bros. Pictures, Universal Pictures, Sony Pictures and Paramount Pictures, as well as streaming services such as Netflix and Hulu.

National Storage Affiliates Trust is a U.S.-headquartered real estate investment trust focused on self-storage assets. It owns, operates and acquires self-storage facilities across dozens of U.S. states, offering secure storage solutions for residential and commercial customers.

ACEL vs NSA — Head-to-Head

Bigger by revenue
ACEL
ACEL
1.8× larger
ACEL
$341.4M
$187.0M
NSA
Growing faster (revenue YoY)
ACEL
ACEL
+9.2% gap
ACEL
7.5%
-1.6%
NSA
Higher net margin
NSA
NSA
7.5% more per $
NSA
12.2%
4.7%
ACEL
More free cash flow
NSA
NSA
$283.8M more FCF
NSA
$299.8M
$16.0M
ACEL
Faster 2-yr revenue CAGR
ACEL
ACEL
Annualised
ACEL
6.4%
-2.4%
NSA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ACEL
ACEL
NSA
NSA
Revenue
$341.4M
$187.0M
Net Profit
$16.2M
$22.9M
Gross Margin
72.5%
Operating Margin
8.7%
20.2%
Net Margin
4.7%
12.2%
Revenue YoY
7.5%
-1.6%
Net Profit YoY
93.3%
36.8%
EPS (diluted)
$0.19
$0.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACEL
ACEL
NSA
NSA
Q4 25
$341.4M
$187.0M
Q3 25
$329.7M
$188.7M
Q2 25
$335.9M
$188.8M
Q1 25
$323.9M
$188.4M
Q4 24
$317.5M
$190.1M
Q3 24
$302.2M
$193.6M
Q2 24
$309.4M
$190.4M
Q1 24
$301.8M
$196.1M
Net Profit
ACEL
ACEL
NSA
NSA
Q4 25
$16.2M
$22.9M
Q3 25
$13.4M
$18.4M
Q2 25
$7.3M
$19.5M
Q1 25
$14.6M
$13.0M
Q4 24
$8.4M
$16.7M
Q3 24
$4.9M
$18.7M
Q2 24
$14.6M
$17.1M
Q1 24
$7.4M
$59.0M
Gross Margin
ACEL
ACEL
NSA
NSA
Q4 25
72.5%
Q3 25
70.7%
Q2 25
70.5%
Q1 25
70.7%
Q4 24
72.5%
Q3 24
72.8%
Q2 24
72.6%
Q1 24
72.1%
Operating Margin
ACEL
ACEL
NSA
NSA
Q4 25
8.7%
20.2%
Q3 25
7.7%
15.8%
Q2 25
8.0%
16.5%
Q1 25
8.0%
11.0%
Q4 24
6.5%
14.5%
Q3 24
7.2%
15.8%
Q2 24
7.3%
17.2%
Q1 24
8.5%
48.9%
Net Margin
ACEL
ACEL
NSA
NSA
Q4 25
4.7%
12.2%
Q3 25
4.1%
9.8%
Q2 25
2.2%
10.3%
Q1 25
4.5%
6.9%
Q4 24
2.6%
8.8%
Q3 24
1.6%
9.7%
Q2 24
4.7%
9.0%
Q1 24
2.5%
30.1%
EPS (diluted)
ACEL
ACEL
NSA
NSA
Q4 25
$0.19
$0.23
Q3 25
$0.16
$0.17
Q2 25
$0.08
$0.19
Q1 25
$0.17
$0.10
Q4 24
$0.09
$0.19
Q3 24
$0.06
$0.18
Q2 24
$0.17
$0.16
Q1 24
$0.09
$0.65

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACEL
ACEL
NSA
NSA
Cash + ST InvestmentsLiquidity on hand
$296.6M
$23.3M
Total DebtLower is stronger
$607.4M
Stockholders' EquityBook value
$269.7M
$946.0M
Total Assets
$1.1B
$5.1B
Debt / EquityLower = less leverage
2.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACEL
ACEL
NSA
NSA
Q4 25
$296.6M
$23.3M
Q3 25
$290.2M
$26.3M
Q2 25
$264.6M
$26.1M
Q1 25
$271.9M
$19.3M
Q4 24
$281.3M
$50.4M
Q3 24
$265.1M
$69.9M
Q2 24
$254.9M
$59.0M
Q1 24
$253.9M
$64.2M
Total Debt
ACEL
ACEL
NSA
NSA
Q4 25
$607.4M
Q3 25
$595.4M
Q2 25
$595.5M
Q1 25
$580.7M
Q4 24
$595.4M
Q3 24
$554.1M
Q2 24
$565.7M
Q1 24
$539.9M
Stockholders' Equity
ACEL
ACEL
NSA
NSA
Q4 25
$269.7M
$946.0M
Q3 25
$267.1M
$973.1M
Q2 25
$260.5M
$1.0B
Q1 25
$259.1M
$1.0B
Q4 24
$255.0M
$1.1B
Q3 24
$206.7M
$986.9M
Q2 24
$209.1M
$1.2B
Q1 24
$202.1M
$1.3B
Total Assets
ACEL
ACEL
NSA
NSA
Q4 25
$1.1B
$5.1B
Q3 25
$1.1B
$5.1B
Q2 25
$1.1B
$5.2B
Q1 25
$1.0B
$5.3B
Q4 24
$1.0B
$5.4B
Q3 24
$950.2M
$5.4B
Q2 24
$950.3M
$5.3B
Q1 24
$919.1M
$5.4B
Debt / Equity
ACEL
ACEL
NSA
NSA
Q4 25
2.25×
Q3 25
2.23×
Q2 25
2.29×
Q1 25
2.24×
Q4 24
2.33×
Q3 24
2.68×
Q2 24
2.71×
Q1 24
2.67×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACEL
ACEL
NSA
NSA
Operating Cash FlowLast quarter
$31.1M
$338.5M
Free Cash FlowOCF − Capex
$16.0M
$299.8M
FCF MarginFCF / Revenue
4.7%
160.3%
Capex IntensityCapex / Revenue
4.4%
20.7%
Cash ConversionOCF / Net Profit
1.92×
14.79×
TTM Free Cash FlowTrailing 4 quarters
$62.0M
$541.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACEL
ACEL
NSA
NSA
Q4 25
$31.1M
$338.5M
Q3 25
$55.2M
$100.2M
Q2 25
$19.8M
$79.9M
Q1 25
$44.8M
$85.6M
Q4 24
$13.5M
$363.1M
Q3 24
$50.1M
$105.7M
Q2 24
$28.9M
$83.2M
Q1 24
$28.8M
$94.0M
Free Cash Flow
ACEL
ACEL
NSA
NSA
Q4 25
$16.0M
$299.8M
Q3 25
$34.2M
$88.0M
Q2 25
$-6.2M
$73.8M
Q1 25
$18.0M
$79.9M
Q4 24
$2.1M
$344.4M
Q3 24
$33.1M
$101.8M
Q2 24
$11.4M
$79.5M
Q1 24
$8.1M
$88.6M
FCF Margin
ACEL
ACEL
NSA
NSA
Q4 25
4.7%
160.3%
Q3 25
10.4%
46.6%
Q2 25
-1.9%
39.1%
Q1 25
5.6%
42.4%
Q4 24
0.7%
181.2%
Q3 24
11.0%
52.6%
Q2 24
3.7%
41.7%
Q1 24
2.7%
45.2%
Capex Intensity
ACEL
ACEL
NSA
NSA
Q4 25
4.4%
20.7%
Q3 25
6.4%
6.5%
Q2 25
7.8%
3.2%
Q1 25
8.3%
3.0%
Q4 24
3.6%
9.8%
Q3 24
5.6%
2.0%
Q2 24
5.7%
1.9%
Q1 24
6.8%
2.7%
Cash Conversion
ACEL
ACEL
NSA
NSA
Q4 25
1.92×
14.79×
Q3 25
4.13×
5.44×
Q2 25
2.71×
4.10×
Q1 25
3.06×
6.59×
Q4 24
1.62×
21.70×
Q3 24
10.23×
5.65×
Q2 24
1.98×
4.88×
Q1 24
3.88×
1.59×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACEL
ACEL

Video Gaming$319.1M93%
ATM Fees And Other Revenue$13.5M4%
Amusement$5.3M2%
Manufacturing$3.6M1%

NSA
NSA

Segment breakdown not available.

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