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Side-by-side financial comparison of National Storage Affiliates Trust (NSA) and STURM RUGER & CO INC (RGR). 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 $151.1M, roughly 1.2× STURM RUGER & CO INC). On growth, STURM RUGER & CO INC posted the faster year-over-year revenue change (3.6% vs -1.6%). National Storage Affiliates Trust produced more free cash flow last quarter ($299.8M vs $12.3M). Over the past eight quarters, STURM RUGER & CO INC's revenue compounded faster (5.1% 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.
Sturm, Ruger & Company, Inc., better known by the shortened name Ruger, is an American firearm manufacturing company based in Southport, Connecticut, with production facilities also in Newport, New Hampshire; Mayodan, North Carolina; and Prescott, Arizona. The company was founded in 1949 by Alexander McCormick Sturm and William B. Ruger and has been publicly traded since 1969.
NSA vs RGR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $187.0M | $151.1M |
| Net Profit | $22.9M | — |
| Gross Margin | 72.5% | 17.8% |
| Operating Margin | 20.2% | 2.3% |
| Net Margin | 12.2% | — |
| Revenue YoY | -1.6% | 3.6% |
| Net Profit YoY | 36.8% | — |
| EPS (diluted) | $0.23 | $0.22 |
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 | $151.1M | ||
| Q3 25 | $188.7M | $126.8M | ||
| Q2 25 | $188.8M | $132.5M | ||
| Q1 25 | $188.4M | $135.7M | ||
| Q4 24 | $190.1M | $145.8M | ||
| Q3 24 | $193.6M | $122.3M | ||
| Q2 24 | $190.4M | $130.8M | ||
| Q1 24 | $196.1M | $136.8M |
| Q4 25 | $22.9M | — | ||
| Q3 25 | $18.4M | $1.6M | ||
| Q2 25 | $19.5M | $-17.2M | ||
| Q1 25 | $13.0M | $7.8M | ||
| Q4 24 | $16.7M | — | ||
| Q3 24 | $18.7M | $4.7M | ||
| Q2 24 | $17.1M | $8.3M | ||
| Q1 24 | $59.0M | $7.1M |
| Q4 25 | 72.5% | 17.8% | ||
| Q3 25 | 70.7% | 15.1% | ||
| Q2 25 | 70.5% | 3.9% | ||
| Q1 25 | 70.7% | 22.0% | ||
| Q4 24 | 72.5% | 22.8% | ||
| Q3 24 | 72.8% | 18.5% | ||
| Q2 24 | 72.6% | 22.3% | ||
| Q1 24 | 72.1% | 21.5% |
| Q4 25 | 20.2% | 2.3% | ||
| Q3 25 | 15.8% | -2.7% | ||
| Q2 25 | 16.5% | -15.6% | ||
| Q1 25 | 11.0% | 6.2% | ||
| Q4 24 | 14.5% | 7.8% | ||
| Q3 24 | 15.8% | 3.1% | ||
| Q2 24 | 17.2% | 6.9% | ||
| Q1 24 | 48.9% | 5.5% |
| Q4 25 | 12.2% | — | ||
| Q3 25 | 9.8% | 1.2% | ||
| Q2 25 | 10.3% | -13.0% | ||
| Q1 25 | 6.9% | 5.7% | ||
| Q4 24 | 8.8% | — | ||
| Q3 24 | 9.7% | 3.9% | ||
| Q2 24 | 9.0% | 6.3% | ||
| Q1 24 | 30.1% | 5.2% |
| Q4 25 | $0.23 | $0.22 | ||
| Q3 25 | $0.17 | $0.10 | ||
| Q2 25 | $0.19 | $-1.05 | ||
| Q1 25 | $0.10 | $0.46 | ||
| Q4 24 | $0.19 | $0.62 | ||
| Q3 24 | $0.18 | $0.28 | ||
| Q2 24 | $0.16 | $0.47 | ||
| Q1 24 | $0.65 | $0.40 |
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 | $92.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $946.0M | $283.8M |
| Total Assets | $5.1B | $342.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.3M | $92.5M | ||
| Q3 25 | $26.3M | $80.8M | ||
| Q2 25 | $26.1M | $101.4M | ||
| Q1 25 | $19.3M | $108.3M | ||
| Q4 24 | $50.4M | $105.5M | ||
| Q3 24 | $69.9M | $96.0M | ||
| Q2 24 | $59.0M | $105.6M | ||
| Q1 24 | $64.2M | $115.3M |
| Q4 25 | $946.0M | $283.8M | ||
| Q3 25 | $973.1M | $279.6M | ||
| Q2 25 | $1.0B | $289.3M | ||
| Q1 25 | $1.0B | $321.5M | ||
| Q4 24 | $1.1B | $319.6M | ||
| Q3 24 | $986.9M | $314.9M | ||
| Q2 24 | $1.2B | $321.5M | ||
| Q1 24 | $1.3B | $332.0M |
| Q4 25 | $5.1B | $342.0M | ||
| Q3 25 | $5.1B | $342.3M | ||
| Q2 25 | $5.2B | $349.5M | ||
| Q1 25 | $5.3B | $379.0M | ||
| Q4 24 | $5.4B | $384.0M | ||
| Q3 24 | $5.4B | $373.5M | ||
| Q2 24 | $5.3B | $376.7M | ||
| Q1 24 | $5.4B | $385.0M |
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 | $15.5M |
| Free Cash FlowOCF − Capex | $299.8M | $12.3M |
| FCF MarginFCF / Revenue | 160.3% | 8.2% |
| Capex IntensityCapex / Revenue | 20.7% | 2.1% |
| Cash ConversionOCF / Net Profit | 14.79× | — |
| TTM Free Cash FlowTrailing 4 quarters | $541.5M | $38.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $338.5M | $15.5M | ||
| Q3 25 | $100.2M | $12.9M | ||
| Q2 25 | $79.9M | $14.7M | ||
| Q1 25 | $85.6M | $11.1M | ||
| Q4 24 | $363.1M | $20.0M | ||
| Q3 24 | $105.7M | $9.4M | ||
| Q2 24 | $83.2M | $18.7M | ||
| Q1 24 | $94.0M | $7.3M |
| Q4 25 | $299.8M | $12.3M | ||
| Q3 25 | $88.0M | $7.0M | ||
| Q2 25 | $73.8M | $9.1M | ||
| Q1 25 | $79.9M | $10.0M | ||
| Q4 24 | $344.4M | $16.4M | ||
| Q3 24 | $101.8M | $2.6M | ||
| Q2 24 | $79.5M | $10.1M | ||
| Q1 24 | $88.6M | $5.6M |
| Q4 25 | 160.3% | 8.2% | ||
| Q3 25 | 46.6% | 5.5% | ||
| Q2 25 | 39.1% | 6.9% | ||
| Q1 25 | 42.4% | 7.4% | ||
| Q4 24 | 181.2% | 11.2% | ||
| Q3 24 | 52.6% | 2.1% | ||
| Q2 24 | 41.7% | 7.7% | ||
| Q1 24 | 45.2% | 4.1% |
| Q4 25 | 20.7% | 2.1% | ||
| Q3 25 | 6.5% | 4.6% | ||
| Q2 25 | 3.2% | 4.2% | ||
| Q1 25 | 3.0% | 0.8% | ||
| Q4 24 | 9.8% | 2.5% | ||
| Q3 24 | 2.0% | 5.5% | ||
| Q2 24 | 1.9% | 6.6% | ||
| Q1 24 | 2.7% | 1.3% |
| Q4 25 | 14.79× | — | ||
| Q3 25 | 5.44× | 8.15× | ||
| Q2 25 | 4.10× | — | ||
| Q1 25 | 6.59× | 1.43× | ||
| Q4 24 | 21.70× | — | ||
| Q3 24 | 5.65× | 1.98× | ||
| Q2 24 | 4.88× | 2.27× | ||
| Q1 24 | 1.59× | 1.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NSA
Segment breakdown not available.
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
