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Side-by-side financial comparison of HELIOS TECHNOLOGIES, INC. (HLIO) and National Storage Affiliates Trust (NSA). Click either name above to swap in a different company.

HELIOS TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($220.3M vs $187.0M, roughly 1.2× National Storage Affiliates Trust). National Storage Affiliates Trust runs the higher net margin — 12.2% vs 4.7%, a 7.6% gap on every dollar of revenue. On growth, HELIOS TECHNOLOGIES, INC. posted the faster year-over-year revenue change (13.3% vs -1.6%). National Storage Affiliates Trust produced more free cash flow last quarter ($299.8M vs $18.6M). Over the past eight quarters, HELIOS TECHNOLOGIES, INC.'s revenue compounded faster (4.6% CAGR vs -2.4%).

Helios and Matheson Analytics Inc. was a publicly traded data analytics company based in New York City, New York. The company became widely known during its final years for acquiring and subsequently operating MoviePass, which ultimately led to the company's bankruptcy.

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.

HLIO vs NSA — Head-to-Head

Bigger by revenue
HLIO
HLIO
1.2× larger
HLIO
$220.3M
$187.0M
NSA
Growing faster (revenue YoY)
HLIO
HLIO
+14.9% gap
HLIO
13.3%
-1.6%
NSA
Higher net margin
NSA
NSA
7.6% more per $
NSA
12.2%
4.7%
HLIO
More free cash flow
NSA
NSA
$281.2M more FCF
NSA
$299.8M
$18.6M
HLIO
Faster 2-yr revenue CAGR
HLIO
HLIO
Annualised
HLIO
4.6%
-2.4%
NSA

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
HLIO
HLIO
NSA
NSA
Revenue
$220.3M
$187.0M
Net Profit
$10.3M
$22.9M
Gross Margin
33.1%
72.5%
Operating Margin
0.6%
20.2%
Net Margin
4.7%
12.2%
Revenue YoY
13.3%
-1.6%
Net Profit YoY
-9.6%
36.8%
EPS (diluted)
$0.31
$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
HLIO
HLIO
NSA
NSA
Q4 25
$187.0M
Q3 25
$220.3M
$188.7M
Q2 25
$212.5M
$188.8M
Q1 25
$195.5M
$188.4M
Q4 24
$179.5M
$190.1M
Q3 24
$194.5M
$193.6M
Q2 24
$219.9M
$190.4M
Q1 24
$212.0M
$196.1M
Net Profit
HLIO
HLIO
NSA
NSA
Q4 25
$22.9M
Q3 25
$10.3M
$18.4M
Q2 25
$11.4M
$19.5M
Q1 25
$7.3M
$13.0M
Q4 24
$4.8M
$16.7M
Q3 24
$11.4M
$18.7M
Q2 24
$13.6M
$17.1M
Q1 24
$9.2M
$59.0M
Gross Margin
HLIO
HLIO
NSA
NSA
Q4 25
72.5%
Q3 25
33.1%
70.7%
Q2 25
31.8%
70.5%
Q1 25
30.6%
70.7%
Q4 24
30.1%
72.5%
Q3 24
31.1%
72.8%
Q2 24
32.1%
72.6%
Q1 24
31.7%
72.1%
Operating Margin
HLIO
HLIO
NSA
NSA
Q4 25
20.2%
Q3 25
0.6%
15.8%
Q2 25
10.3%
16.5%
Q1 25
8.7%
11.0%
Q4 24
7.4%
14.5%
Q3 24
11.4%
15.8%
Q2 24
11.8%
17.2%
Q1 24
9.6%
48.9%
Net Margin
HLIO
HLIO
NSA
NSA
Q4 25
12.2%
Q3 25
4.7%
9.8%
Q2 25
5.4%
10.3%
Q1 25
3.7%
6.9%
Q4 24
2.7%
8.8%
Q3 24
5.9%
9.7%
Q2 24
6.2%
9.0%
Q1 24
4.3%
30.1%
EPS (diluted)
HLIO
HLIO
NSA
NSA
Q4 25
$0.23
Q3 25
$0.31
$0.17
Q2 25
$0.34
$0.19
Q1 25
$0.22
$0.10
Q4 24
$0.14
$0.19
Q3 24
$0.34
$0.18
Q2 24
$0.41
$0.16
Q1 24
$0.28
$0.65

Balance Sheet & Financial Strength

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

Metric
HLIO
HLIO
NSA
NSA
Cash + ST InvestmentsLiquidity on hand
$54.9M
$23.3M
Total DebtLower is stronger
$420.0M
Stockholders' EquityBook value
$917.9M
$946.0M
Total Assets
$1.6B
$5.1B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HLIO
HLIO
NSA
NSA
Q4 25
$23.3M
Q3 25
$54.9M
$26.3M
Q2 25
$53.0M
$26.1M
Q1 25
$45.9M
$19.3M
Q4 24
$44.1M
$50.4M
Q3 24
$46.7M
$69.9M
Q2 24
$45.0M
$59.0M
Q1 24
$37.3M
$64.2M
Total Debt
HLIO
HLIO
NSA
NSA
Q4 25
Q3 25
$420.0M
Q2 25
$437.2M
Q1 25
$446.7M
Q4 24
$450.6M
Q3 24
$484.7M
Q2 24
$504.0M
Q1 24
$521.8M
Stockholders' Equity
HLIO
HLIO
NSA
NSA
Q4 25
$946.0M
Q3 25
$917.9M
$973.1M
Q2 25
$911.7M
$1.0B
Q1 25
$881.2M
$1.0B
Q4 24
$864.4M
$1.1B
Q3 24
$885.5M
$986.9M
Q2 24
$866.5M
$1.2B
Q1 24
$856.6M
$1.3B
Total Assets
HLIO
HLIO
NSA
NSA
Q4 25
$5.1B
Q3 25
$1.6B
$5.1B
Q2 25
$1.6B
$5.2B
Q1 25
$1.5B
$5.3B
Q4 24
$1.5B
$5.4B
Q3 24
$1.6B
$5.4B
Q2 24
$1.6B
$5.3B
Q1 24
$1.6B
$5.4B
Debt / Equity
HLIO
HLIO
NSA
NSA
Q4 25
Q3 25
0.46×
Q2 25
0.48×
Q1 25
0.51×
Q4 24
0.52×
Q3 24
0.55×
Q2 24
0.58×
Q1 24
0.61×

Cash Flow & Capital Efficiency

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

Metric
HLIO
HLIO
NSA
NSA
Operating Cash FlowLast quarter
$25.3M
$338.5M
Free Cash FlowOCF − Capex
$18.6M
$299.8M
FCF MarginFCF / Revenue
8.4%
160.3%
Capex IntensityCapex / Revenue
3.0%
20.7%
Cash ConversionOCF / Net Profit
2.46×
14.79×
TTM Free Cash FlowTrailing 4 quarters
$91.3M
$541.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HLIO
HLIO
NSA
NSA
Q4 25
$338.5M
Q3 25
$25.3M
$100.2M
Q2 25
$37.0M
$79.9M
Q1 25
$19.0M
$85.6M
Q4 24
$35.7M
$363.1M
Q3 24
$34.8M
$105.7M
Q2 24
$33.8M
$83.2M
Q1 24
$17.8M
$94.0M
Free Cash Flow
HLIO
HLIO
NSA
NSA
Q4 25
$299.8M
Q3 25
$18.6M
$88.0M
Q2 25
$31.6M
$73.8M
Q1 25
$12.9M
$79.9M
Q4 24
$28.2M
$344.4M
Q3 24
$28.8M
$101.8M
Q2 24
$25.8M
$79.5M
Q1 24
$12.3M
$88.6M
FCF Margin
HLIO
HLIO
NSA
NSA
Q4 25
160.3%
Q3 25
8.4%
46.6%
Q2 25
14.9%
39.1%
Q1 25
6.6%
42.4%
Q4 24
15.7%
181.2%
Q3 24
14.8%
52.6%
Q2 24
11.7%
41.7%
Q1 24
5.8%
45.2%
Capex Intensity
HLIO
HLIO
NSA
NSA
Q4 25
20.7%
Q3 25
3.0%
6.5%
Q2 25
2.5%
3.2%
Q1 25
3.1%
3.0%
Q4 24
4.2%
9.8%
Q3 24
3.1%
2.0%
Q2 24
3.6%
1.9%
Q1 24
2.6%
2.7%
Cash Conversion
HLIO
HLIO
NSA
NSA
Q4 25
14.79×
Q3 25
2.46×
5.44×
Q2 25
3.25×
4.10×
Q1 25
2.60×
6.59×
Q4 24
7.44×
21.70×
Q3 24
3.05×
5.65×
Q2 24
2.49×
4.88×
Q1 24
1.93×
1.59×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HLIO
HLIO

Hydraulics$141.3M64%
Electronics$79.0M36%

NSA
NSA

Segment breakdown not available.

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