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Side-by-side financial comparison of Claritev Corp (CTEV) and National Storage Affiliates Trust (NSA). Click either name above to swap in a different company.
Claritev Corp is the larger business by last-quarter revenue ($246.6M vs $187.0M, roughly 1.3× National Storage Affiliates Trust). National Storage Affiliates Trust runs the higher net margin — 12.2% vs -32.7%, a 44.9% gap on every dollar of revenue. On growth, Claritev Corp posted the faster year-over-year revenue change (6.2% vs -1.6%). National Storage Affiliates Trust produced more free cash flow last quarter ($299.8M vs $36.4M). Over the past eight quarters, Claritev Corp's revenue compounded faster (2.5% CAGR vs -2.4%).
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.
CTEV vs NSA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $246.6M | $187.0M |
| Net Profit | $-80.6M | $22.9M |
| Gross Margin | — | 72.5% |
| Operating Margin | -3.1% | 20.2% |
| Net Margin | -32.7% | 12.2% |
| Revenue YoY | 6.2% | -1.6% |
| Net Profit YoY | 41.6% | 36.8% |
| EPS (diluted) | $-4.88 | $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.
| Q4 25 | $246.6M | $187.0M | ||
| Q3 25 | $246.0M | $188.7M | ||
| Q2 25 | $241.6M | $188.8M | ||
| Q1 25 | $231.3M | $188.4M | ||
| Q4 24 | $232.1M | $190.1M | ||
| Q3 24 | $230.5M | $193.6M | ||
| Q2 24 | $233.5M | $190.4M | ||
| Q1 24 | $234.5M | $196.1M |
| Q4 25 | $-80.6M | $22.9M | ||
| Q3 25 | $-69.8M | $18.4M | ||
| Q2 25 | $-62.6M | $19.5M | ||
| Q1 25 | $-71.3M | $13.0M | ||
| Q4 24 | $-138.0M | $16.7M | ||
| Q3 24 | $-391.4M | $18.7M | ||
| Q2 24 | $-576.7M | $17.1M | ||
| Q1 24 | $-539.7M | $59.0M |
| 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% |
| Q4 25 | -3.1% | 20.2% | ||
| Q3 25 | 4.1% | 15.8% | ||
| Q2 25 | 6.9% | 16.5% | ||
| Q1 25 | 4.2% | 11.0% | ||
| Q4 24 | -17.8% | 14.5% | ||
| Q3 24 | -146.7% | 15.8% | ||
| Q2 24 | -224.4% | 17.2% | ||
| Q1 24 | -207.4% | 48.9% |
| Q4 25 | -32.7% | 12.2% | ||
| Q3 25 | -28.4% | 9.8% | ||
| Q2 25 | -25.9% | 10.3% | ||
| Q1 25 | -30.8% | 6.9% | ||
| Q4 24 | -59.4% | 8.8% | ||
| Q3 24 | -169.8% | 9.7% | ||
| Q2 24 | -247.0% | 9.0% | ||
| Q1 24 | -230.1% | 30.1% |
| Q4 25 | $-4.88 | $0.23 | ||
| Q3 25 | $-4.23 | $0.17 | ||
| Q2 25 | $-3.81 | $0.19 | ||
| Q1 25 | $-4.38 | $0.10 | ||
| Q4 24 | $-8.49 | $0.19 | ||
| Q3 24 | $-24.25 | $0.18 | ||
| Q2 24 | $-35.78 | $0.16 | ||
| Q1 24 | $-33.40 | $0.65 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $16.8M | $23.3M |
| Total DebtLower is stronger | $4.6B | — |
| Stockholders' EquityBook value | $-173.9M | $946.0M |
| Total Assets | $4.9B | $5.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $16.8M | $23.3M | ||
| Q3 25 | $39.2M | $26.3M | ||
| Q2 25 | $56.4M | $26.1M | ||
| Q1 25 | $23.1M | $19.3M | ||
| Q4 24 | $16.8M | $50.4M | ||
| Q3 24 | $86.6M | $69.9M | ||
| Q2 24 | $48.8M | $59.0M | ||
| Q1 24 | $58.7M | $64.2M |
| Q4 25 | $4.6B | — | ||
| Q3 25 | $4.5B | — | ||
| Q2 25 | $4.5B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.5B | — | ||
| Q2 24 | $4.5B | — | ||
| Q1 24 | $4.5B | — |
| Q4 25 | $-173.9M | $946.0M | ||
| Q3 25 | $-101.8M | $973.1M | ||
| Q2 25 | $-39.9M | $1.0B | ||
| Q1 25 | $14.8M | $1.0B | ||
| Q4 24 | $84.0M | $1.1B | ||
| Q3 24 | $207.6M | $986.9M | ||
| Q2 24 | $603.4M | $1.2B | ||
| Q1 24 | $1.2B | $1.3B |
| Q4 25 | $4.9B | $5.1B | ||
| Q3 25 | $5.0B | $5.1B | ||
| Q2 25 | $5.1B | $5.2B | ||
| Q1 25 | $5.1B | $5.3B | ||
| Q4 24 | $5.2B | $5.4B | ||
| Q3 24 | $5.3B | $5.4B | ||
| Q2 24 | $5.7B | $5.3B | ||
| Q1 24 | $6.4B | $5.4B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 304.87× | — | ||
| Q4 24 | 53.67× | — | ||
| Q3 24 | 21.73× | — | ||
| Q2 24 | 7.48× | — | ||
| Q1 24 | 3.85× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $66.3M | $338.5M |
| Free Cash FlowOCF − Capex | $36.4M | $299.8M |
| FCF MarginFCF / Revenue | 14.8% | 160.3% |
| Capex IntensityCapex / Revenue | 12.1% | 20.7% |
| Cash ConversionOCF / Net Profit | — | 14.79× |
| TTM Free Cash FlowTrailing 4 quarters | $-12.3M | $541.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.3M | $338.5M | ||
| Q3 25 | $19.9M | $100.2M | ||
| Q2 25 | $61.2M | $79.9M | ||
| Q1 25 | $-30.1M | $85.6M | ||
| Q4 24 | $-33.4M | $363.1M | ||
| Q3 24 | $72.8M | $105.7M | ||
| Q2 24 | $18.5M | $83.2M | ||
| Q1 24 | $49.7M | $94.0M |
| Q4 25 | $36.4M | $299.8M | ||
| Q3 25 | $-16.3M | $88.0M | ||
| Q2 25 | $36.6M | $73.8M | ||
| Q1 25 | $-68.9M | $79.9M | ||
| Q4 24 | $-63.8M | $344.4M | ||
| Q3 24 | $41.1M | $101.8M | ||
| Q2 24 | $-7.0M | $79.5M | ||
| Q1 24 | $19.2M | $88.6M |
| Q4 25 | 14.8% | 160.3% | ||
| Q3 25 | -6.6% | 46.6% | ||
| Q2 25 | 15.2% | 39.1% | ||
| Q1 25 | -29.8% | 42.4% | ||
| Q4 24 | -27.5% | 181.2% | ||
| Q3 24 | 17.8% | 52.6% | ||
| Q2 24 | -3.0% | 41.7% | ||
| Q1 24 | 8.2% | 45.2% |
| Q4 25 | 12.1% | 20.7% | ||
| Q3 25 | 14.7% | 6.5% | ||
| Q2 25 | 10.2% | 3.2% | ||
| Q1 25 | 16.8% | 3.0% | ||
| Q4 24 | 13.1% | 9.8% | ||
| Q3 24 | 13.8% | 2.0% | ||
| Q2 24 | 10.9% | 1.9% | ||
| Q1 24 | 13.0% | 2.7% |
| Q4 25 | — | 14.79× | ||
| Q3 25 | — | 5.44× | ||
| Q2 25 | — | 4.10× | ||
| Q1 25 | — | 6.59× | ||
| Q4 24 | — | 21.70× | ||
| Q3 24 | — | 5.65× | ||
| Q2 24 | — | 4.88× | ||
| Q1 24 | — | 1.59× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
