vs
Side-by-side financial comparison of National Storage Affiliates Trust (NSA) and OPKO HEALTH, INC. (OPK). 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 $148.5M, roughly 1.3× OPKO HEALTH, INC.). National Storage Affiliates Trust runs the higher net margin — 12.2% vs -21.1%, a 33.3% gap on every dollar of revenue. On growth, National Storage Affiliates Trust posted the faster year-over-year revenue change (-1.6% vs -19.2%). National Storage Affiliates Trust produced more free cash flow last quarter ($299.8M vs $-28.6M). Over the past eight quarters, National Storage Affiliates Trust's revenue compounded faster (-2.4% CAGR vs -7.5%).
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.
OPKO Health, Inc. is a medical test and medication company focused on diagnostics and pharmaceuticals. The company is a publicly traded company on NASDAQ and TASE under the symbol "OPK".
NSA vs OPK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $187.0M | $148.5M |
| Net Profit | $22.9M | $-31.3M |
| Gross Margin | 72.5% | 43.1% |
| Operating Margin | 20.2% | -25.8% |
| Net Margin | 12.2% | -21.1% |
| Revenue YoY | -1.6% | -19.2% |
| Net Profit YoY | 36.8% | -322.8% |
| EPS (diluted) | $0.23 | $-0.04 |
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 | $187.0M | $148.5M | ||
| Q3 25 | $188.7M | $151.7M | ||
| Q2 25 | $188.8M | $156.8M | ||
| Q1 25 | $188.4M | $150.0M | ||
| Q4 24 | $190.1M | $183.6M | ||
| Q3 24 | $193.6M | $173.6M | ||
| Q2 24 | $190.4M | $182.2M | ||
| Q1 24 | $196.1M | $173.7M |
| Q4 25 | $22.9M | $-31.3M | ||
| Q3 25 | $18.4M | $21.6M | ||
| Q2 25 | $19.5M | $-148.4M | ||
| Q1 25 | $13.0M | $-67.6M | ||
| Q4 24 | $16.7M | $14.0M | ||
| Q3 24 | $18.7M | $24.9M | ||
| Q2 24 | $17.1M | $-10.3M | ||
| Q1 24 | $59.0M | $-81.8M |
| Q4 25 | 72.5% | 43.1% | ||
| Q3 25 | 70.7% | 32.9% | ||
| Q2 25 | 70.5% | 31.5% | ||
| Q1 25 | 70.7% | 28.4% | ||
| Q4 24 | 72.5% | 46.1% | ||
| Q3 24 | 72.8% | 23.1% | ||
| Q2 24 | 72.6% | 28.4% | ||
| Q1 24 | 72.1% | 24.2% |
| Q4 25 | 20.2% | -25.8% | ||
| Q3 25 | 15.8% | 31.7% | ||
| Q2 25 | 16.5% | -38.3% | ||
| Q1 25 | 11.0% | -44.8% | ||
| Q4 24 | 14.5% | -18.0% | ||
| Q3 24 | 15.8% | 8.2% | ||
| Q2 24 | 17.2% | -33.9% | ||
| Q1 24 | 48.9% | -41.2% |
| Q4 25 | 12.2% | -21.1% | ||
| Q3 25 | 9.8% | 14.3% | ||
| Q2 25 | 10.3% | -94.7% | ||
| Q1 25 | 6.9% | -45.1% | ||
| Q4 24 | 8.8% | 7.6% | ||
| Q3 24 | 9.7% | 14.3% | ||
| Q2 24 | 9.0% | -5.7% | ||
| Q1 24 | 30.1% | -47.1% |
| Q4 25 | $0.23 | $-0.04 | ||
| Q3 25 | $0.17 | $0.03 | ||
| Q2 25 | $0.19 | $-0.19 | ||
| Q1 25 | $0.10 | $-0.10 | ||
| Q4 24 | $0.19 | $0.02 | ||
| Q3 24 | $0.18 | $0.03 | ||
| Q2 24 | $0.16 | $-0.01 | ||
| Q1 24 | $0.65 | $-0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $23.3M | $364.4M |
| Total DebtLower is stronger | — | $344.0M |
| Stockholders' EquityBook value | $946.0M | $1.3B |
| Total Assets | $5.1B | $1.9B |
| Debt / EquityLower = less leverage | — | 0.27× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.3M | $364.4M | ||
| Q3 25 | $26.3M | $412.0M | ||
| Q2 25 | $26.1M | $267.3M | ||
| Q1 25 | $19.3M | $428.8M | ||
| Q4 24 | $50.4M | $426.6M | ||
| Q3 24 | $69.9M | $400.1M | ||
| Q2 24 | $59.0M | $40.6M | ||
| Q1 24 | $64.2M | $75.6M |
| Q4 25 | — | $344.0M | ||
| Q3 25 | — | $344.2M | ||
| Q2 25 | — | $343.3M | ||
| Q1 25 | — | $439.2M | ||
| Q4 24 | — | $437.2M | ||
| Q3 24 | — | $441.0M | ||
| Q2 24 | — | $201.9M | ||
| Q1 24 | — | $350.1M |
| Q4 25 | $946.0M | $1.3B | ||
| Q3 25 | $973.1M | $1.3B | ||
| Q2 25 | $1.0B | $1.3B | ||
| Q1 25 | $1.0B | $1.3B | ||
| Q4 24 | $1.1B | $1.4B | ||
| Q3 24 | $986.9M | $1.4B | ||
| Q2 24 | $1.2B | $1.4B | ||
| Q1 24 | $1.3B | $1.3B |
| Q4 25 | $5.1B | $1.9B | ||
| Q3 25 | $5.1B | $2.0B | ||
| Q2 25 | $5.2B | $2.0B | ||
| Q1 25 | $5.3B | $2.1B | ||
| Q4 24 | $5.4B | $2.2B | ||
| Q3 24 | $5.4B | $2.3B | ||
| Q2 24 | $5.3B | $2.0B | ||
| Q1 24 | $5.4B | $2.0B |
| Q4 25 | — | 0.27× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.33× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | 0.31× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 0.28× |
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 | $338.5M | $-25.9M |
| Free Cash FlowOCF − Capex | $299.8M | $-28.6M |
| FCF MarginFCF / Revenue | 160.3% | -19.3% |
| Capex IntensityCapex / Revenue | 20.7% | 1.8% |
| Cash ConversionOCF / Net Profit | 14.79× | — |
| TTM Free Cash FlowTrailing 4 quarters | $541.5M | $-190.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $338.5M | $-25.9M | ||
| Q3 25 | $100.2M | $-34.6M | ||
| Q2 25 | $79.9M | $-83.4M | ||
| Q1 25 | $85.6M | $-34.6M | ||
| Q4 24 | $363.1M | $-44.4M | ||
| Q3 24 | $105.7M | $-77.1M | ||
| Q2 24 | $83.2M | $-26.4M | ||
| Q1 24 | $94.0M | $-35.6M |
| Q4 25 | $299.8M | $-28.6M | ||
| Q3 25 | $88.0M | $-37.8M | ||
| Q2 25 | $73.8M | $-86.7M | ||
| Q1 25 | $79.9M | $-37.7M | ||
| Q4 24 | $344.4M | $-49.8M | ||
| Q3 24 | $101.8M | $-85.0M | ||
| Q2 24 | $79.5M | $-33.7M | ||
| Q1 24 | $88.6M | $-40.0M |
| Q4 25 | 160.3% | -19.3% | ||
| Q3 25 | 46.6% | -24.9% | ||
| Q2 25 | 39.1% | -55.3% | ||
| Q1 25 | 42.4% | -25.2% | ||
| Q4 24 | 181.2% | -27.1% | ||
| Q3 24 | 52.6% | -49.0% | ||
| Q2 24 | 41.7% | -18.5% | ||
| Q1 24 | 45.2% | -23.0% |
| Q4 25 | 20.7% | 1.8% | ||
| Q3 25 | 6.5% | 2.1% | ||
| Q2 25 | 3.2% | 2.1% | ||
| Q1 25 | 3.0% | 2.1% | ||
| Q4 24 | 9.8% | 2.9% | ||
| Q3 24 | 2.0% | 4.6% | ||
| Q2 24 | 1.9% | 4.0% | ||
| Q1 24 | 2.7% | 2.6% |
| Q4 25 | 14.79× | — | ||
| Q3 25 | 5.44× | -1.60× | ||
| Q2 25 | 4.10× | — | ||
| Q1 25 | 6.59× | — | ||
| Q4 24 | 21.70× | -3.17× | ||
| Q3 24 | 5.65× | -3.10× | ||
| Q2 24 | 4.88× | — | ||
| Q1 24 | 1.59× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NSA
Segment breakdown not available.
OPK
| Services | $71.1M | 48% |
| Transfer Of Intellectual Property And Other | $33.7M | 23% |
| IE | $22.1M | 15% |
| Rayaldee | $8.8M | 6% |
| Barda Agreement | $6.8M | 5% |
| MX | $6.3M | 4% |
