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

National Storage Affiliates Trust is the larger business by last-quarter revenue ($187.0M vs $154.8M, roughly 1.2× Commercial Vehicle Group, Inc.). On growth, National Storage Affiliates Trust posted the faster year-over-year revenue change (-1.6% vs -5.2%). National Storage Affiliates Trust produced more free cash flow last quarter ($299.8M vs $8.7M). Over the past eight quarters, National Storage Affiliates Trust's revenue compounded faster (-2.4% CAGR vs -10.8%).

WABCO Holdings, Inc. was a U.S.-based provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. In 2007, the Vehicle Control Systems was spun off as WABCO Holdings Inc., an American provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. Their products are present in many commercial vehicles such as trucks, buses, trailers and off-highway vehicles but they ...

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.

CVGI vs NSA — Head-to-Head

Bigger by revenue
NSA
NSA
1.2× larger
NSA
$187.0M
$154.8M
CVGI
Growing faster (revenue YoY)
NSA
NSA
+3.6% gap
NSA
-1.6%
-5.2%
CVGI
More free cash flow
NSA
NSA
$291.1M more FCF
NSA
$299.8M
$8.7M
CVGI
Faster 2-yr revenue CAGR
NSA
NSA
Annualised
NSA
-2.4%
-10.8%
CVGI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CVGI
CVGI
NSA
NSA
Revenue
$154.8M
$187.0M
Net Profit
$22.9M
Gross Margin
9.7%
72.5%
Operating Margin
-1.2%
20.2%
Net Margin
12.2%
Revenue YoY
-5.2%
-1.6%
Net Profit YoY
36.8%
EPS (diluted)
$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
CVGI
CVGI
NSA
NSA
Q4 25
$154.8M
$187.0M
Q3 25
$152.5M
$188.7M
Q2 25
$172.0M
$188.8M
Q1 25
$169.8M
$188.4M
Q4 24
$163.3M
$190.1M
Q3 24
$171.8M
$193.6M
Q2 24
$193.7M
$190.4M
Q1 24
$194.6M
$196.1M
Net Profit
CVGI
CVGI
NSA
NSA
Q4 25
$22.9M
Q3 25
$-7.1M
$18.4M
Q2 25
$-4.8M
$19.5M
Q1 25
$-4.3M
$13.0M
Q4 24
$16.7M
Q3 24
$9.5M
$18.7M
Q2 24
$-1.6M
$17.1M
Q1 24
$2.9M
$59.0M
Gross Margin
CVGI
CVGI
NSA
NSA
Q4 25
9.7%
72.5%
Q3 25
10.5%
70.7%
Q2 25
11.4%
70.5%
Q1 25
10.5%
70.7%
Q4 24
8.0%
72.5%
Q3 24
9.6%
72.8%
Q2 24
10.6%
72.6%
Q1 24
11.9%
72.1%
Operating Margin
CVGI
CVGI
NSA
NSA
Q4 25
-1.2%
20.2%
Q3 25
-0.7%
15.8%
Q2 25
0.5%
16.5%
Q1 25
0.8%
11.0%
Q4 24
-3.2%
14.5%
Q3 24
-0.6%
15.8%
Q2 24
0.5%
17.2%
Q1 24
2.3%
48.9%
Net Margin
CVGI
CVGI
NSA
NSA
Q4 25
12.2%
Q3 25
-4.6%
9.8%
Q2 25
-2.8%
10.3%
Q1 25
-2.5%
6.9%
Q4 24
8.8%
Q3 24
5.5%
9.7%
Q2 24
-0.8%
9.0%
Q1 24
1.5%
30.1%
EPS (diluted)
CVGI
CVGI
NSA
NSA
Q4 25
$0.23
Q3 25
$0.17
Q2 25
$0.19
Q1 25
$0.10
Q4 24
$0.19
Q3 24
$0.18
Q2 24
$-0.05
$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
CVGI
CVGI
NSA
NSA
Cash + ST InvestmentsLiquidity on hand
$23.3M
Total DebtLower is stronger
$104.9M
Stockholders' EquityBook value
$133.4M
$946.0M
Total Assets
$391.7M
$5.1B
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVGI
CVGI
NSA
NSA
Q4 25
$23.3M
Q3 25
$26.3M
Q2 25
$26.1M
Q1 25
$19.3M
Q4 24
$50.4M
Q3 24
$69.9M
Q2 24
$59.0M
Q1 24
$64.2M
Total Debt
CVGI
CVGI
NSA
NSA
Q4 25
$104.9M
Q3 25
$108.2M
Q2 25
$118.2M
Q1 25
$117.4M
Q4 24
$135.5M
Q3 24
$128.8M
Q2 24
$142.0M
Q1 24
$155.7M
Stockholders' Equity
CVGI
CVGI
NSA
NSA
Q4 25
$133.4M
$946.0M
Q3 25
$136.5M
$973.1M
Q2 25
$142.6M
$1.0B
Q1 25
$136.7M
$1.0B
Q4 24
$135.6M
$1.1B
Q3 24
$179.3M
$986.9M
Q2 24
$169.6M
$1.2B
Q1 24
$175.5M
$1.3B
Total Assets
CVGI
CVGI
NSA
NSA
Q4 25
$391.7M
$5.1B
Q3 25
$400.3M
$5.1B
Q2 25
$429.8M
$5.2B
Q1 25
$419.8M
$5.3B
Q4 24
$424.6M
$5.4B
Q3 24
$495.3M
$5.4B
Q2 24
$503.2M
$5.3B
Q1 24
$509.2M
$5.4B
Debt / Equity
CVGI
CVGI
NSA
NSA
Q4 25
0.79×
Q3 25
0.79×
Q2 25
0.83×
Q1 25
0.86×
Q4 24
1.00×
Q3 24
0.72×
Q2 24
0.84×
Q1 24
0.89×

Cash Flow & Capital Efficiency

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

Metric
CVGI
CVGI
NSA
NSA
Operating Cash FlowLast quarter
$12.3M
$338.5M
Free Cash FlowOCF − Capex
$8.7M
$299.8M
FCF MarginFCF / Revenue
5.6%
160.3%
Capex IntensityCapex / Revenue
2.3%
20.7%
Cash ConversionOCF / Net Profit
14.79×
TTM Free Cash FlowTrailing 4 quarters
$34.0M
$541.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVGI
CVGI
NSA
NSA
Q4 25
$12.3M
$338.5M
Q3 25
$-1.7M
$100.2M
Q2 25
$18.9M
$79.9M
Q1 25
$15.2M
$85.6M
Q4 24
$-26.6M
$363.1M
Q3 24
$-17.1M
$105.7M
Q2 24
$12.6M
$83.2M
Q1 24
$-2.4M
$94.0M
Free Cash Flow
CVGI
CVGI
NSA
NSA
Q4 25
$8.7M
$299.8M
Q3 25
$-3.5M
$88.0M
Q2 25
$17.4M
$73.8M
Q1 25
$11.4M
$79.9M
Q4 24
$-30.6M
$344.4M
Q3 24
$-20.3M
$101.8M
Q2 24
$6.4M
$79.5M
Q1 24
$-7.4M
$88.6M
FCF Margin
CVGI
CVGI
NSA
NSA
Q4 25
5.6%
160.3%
Q3 25
-2.3%
46.6%
Q2 25
10.1%
39.1%
Q1 25
6.7%
42.4%
Q4 24
-18.7%
181.2%
Q3 24
-11.8%
52.6%
Q2 24
3.3%
41.7%
Q1 24
-3.8%
45.2%
Capex Intensity
CVGI
CVGI
NSA
NSA
Q4 25
2.3%
20.7%
Q3 25
1.2%
6.5%
Q2 25
0.9%
3.2%
Q1 25
2.2%
3.0%
Q4 24
2.4%
9.8%
Q3 24
1.9%
2.0%
Q2 24
3.2%
1.9%
Q1 24
2.6%
2.7%
Cash Conversion
CVGI
CVGI
NSA
NSA
Q4 25
14.79×
Q3 25
5.44×
Q2 25
4.10×
Q1 25
6.59×
Q4 24
21.70×
Q3 24
-1.79×
5.65×
Q2 24
4.88×
Q1 24
-0.80×
1.59×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CVGI
CVGI

Global Seating$70.7M46%
Global Electrical Systems$49.7M32%
Trim Systems And Components$34.4M22%

NSA
NSA

Segment breakdown not available.

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