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

Revolve Group, Inc. is the larger business by last-quarter revenue ($324.4M vs $187.0M, roughly 1.7× National Storage Affiliates Trust). National Storage Affiliates Trust runs the higher net margin — 12.2% vs 5.7%, a 6.5% gap on every dollar of revenue. On growth, Revolve Group, Inc. posted the faster year-over-year revenue change (10.4% vs -1.6%). National Storage Affiliates Trust produced more free cash flow last quarter ($299.8M vs $-13.3M). Over the past eight quarters, Revolve Group, Inc.'s revenue compounded faster (9.5% 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.

Revolve Theatre Company is a Henley-on-Thames based theatre company specialising in political and Shakespearean plays. The company is owned by Oliver Dench, Joe Morris and Tom Smith.

NSA vs RVLV — Head-to-Head

Bigger by revenue
RVLV
RVLV
1.7× larger
RVLV
$324.4M
$187.0M
NSA
Growing faster (revenue YoY)
RVLV
RVLV
+12.1% gap
RVLV
10.4%
-1.6%
NSA
Higher net margin
NSA
NSA
6.5% more per $
NSA
12.2%
5.7%
RVLV
More free cash flow
NSA
NSA
$313.1M more FCF
NSA
$299.8M
$-13.3M
RVLV
Faster 2-yr revenue CAGR
RVLV
RVLV
Annualised
RVLV
9.5%
-2.4%
NSA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NSA
NSA
RVLV
RVLV
Revenue
$187.0M
$324.4M
Net Profit
$22.9M
$18.6M
Gross Margin
72.5%
53.3%
Operating Margin
20.2%
6.3%
Net Margin
12.2%
5.7%
Revenue YoY
-1.6%
10.4%
Net Profit YoY
36.8%
50.4%
EPS (diluted)
$0.23
$0.27

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
NSA
NSA
RVLV
RVLV
Q4 25
$187.0M
$324.4M
Q3 25
$188.7M
$295.6M
Q2 25
$188.8M
$309.0M
Q1 25
$188.4M
$296.7M
Q4 24
$190.1M
$293.7M
Q3 24
$193.6M
$283.1M
Q2 24
$190.4M
$282.5M
Q1 24
$196.1M
$270.6M
Net Profit
NSA
NSA
RVLV
RVLV
Q4 25
$22.9M
$18.6M
Q3 25
$18.4M
$21.2M
Q2 25
$19.5M
$10.2M
Q1 25
$13.0M
$11.8M
Q4 24
$16.7M
$12.3M
Q3 24
$18.7M
$11.0M
Q2 24
$17.1M
$15.4M
Q1 24
$59.0M
$10.9M
Gross Margin
NSA
NSA
RVLV
RVLV
Q4 25
72.5%
53.3%
Q3 25
70.7%
54.6%
Q2 25
70.5%
54.1%
Q1 25
70.7%
52.0%
Q4 24
72.5%
52.5%
Q3 24
72.8%
51.2%
Q2 24
72.6%
54.0%
Q1 24
72.1%
52.3%
Operating Margin
NSA
NSA
RVLV
RVLV
Q4 25
20.2%
6.3%
Q3 25
15.8%
7.1%
Q2 25
16.5%
5.8%
Q1 25
11.0%
5.0%
Q4 24
14.5%
3.9%
Q3 24
15.8%
5.0%
Q2 24
17.2%
5.8%
Q1 24
48.9%
3.4%
Net Margin
NSA
NSA
RVLV
RVLV
Q4 25
12.2%
5.7%
Q3 25
9.8%
7.2%
Q2 25
10.3%
3.3%
Q1 25
6.9%
4.0%
Q4 24
8.8%
4.2%
Q3 24
9.7%
3.9%
Q2 24
9.0%
5.4%
Q1 24
30.1%
4.0%
EPS (diluted)
NSA
NSA
RVLV
RVLV
Q4 25
$0.23
$0.27
Q3 25
$0.17
$0.29
Q2 25
$0.19
$0.14
Q1 25
$0.10
$0.16
Q4 24
$0.19
$0.18
Q3 24
$0.18
$0.15
Q2 24
$0.16
$0.21
Q1 24
$0.65
$0.15

Balance Sheet & Financial Strength

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

Metric
NSA
NSA
RVLV
RVLV
Cash + ST InvestmentsLiquidity on hand
$23.3M
$292.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$946.0M
$512.5M
Total Assets
$5.1B
$765.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NSA
NSA
RVLV
RVLV
Q4 25
$23.3M
$292.3M
Q3 25
$26.3M
$315.4M
Q2 25
$26.1M
$310.7M
Q1 25
$19.3M
$300.8M
Q4 24
$50.4M
$256.6M
Q3 24
$69.9M
$252.8M
Q2 24
$59.0M
$244.7M
Q1 24
$64.2M
$273.4M
Stockholders' Equity
NSA
NSA
RVLV
RVLV
Q4 25
$946.0M
$512.5M
Q3 25
$973.1M
$490.2M
Q2 25
$1.0B
$468.6M
Q1 25
$1.0B
$453.4M
Q4 24
$1.1B
$437.8M
Q3 24
$986.9M
$420.8M
Q2 24
$1.2B
$405.8M
Q1 24
$1.3B
$389.9M
Total Assets
NSA
NSA
RVLV
RVLV
Q4 25
$5.1B
$765.0M
Q3 25
$5.1B
$751.3M
Q2 25
$5.2B
$722.9M
Q1 25
$5.3B
$713.9M
Q4 24
$5.4B
$665.5M
Q3 24
$5.4B
$670.9M
Q2 24
$5.3B
$657.8M
Q1 24
$5.4B
$650.0M

Cash Flow & Capital Efficiency

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

Metric
NSA
NSA
RVLV
RVLV
Operating Cash FlowLast quarter
$338.5M
$-10.2M
Free Cash FlowOCF − Capex
$299.8M
$-13.3M
FCF MarginFCF / Revenue
160.3%
-4.1%
Capex IntensityCapex / Revenue
20.7%
1.0%
Cash ConversionOCF / Net Profit
14.79×
-0.55×
TTM Free Cash FlowTrailing 4 quarters
$541.5M
$48.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NSA
NSA
RVLV
RVLV
Q4 25
$338.5M
$-10.2M
Q3 25
$100.2M
$11.8M
Q2 25
$79.9M
$12.6M
Q1 25
$85.6M
$45.1M
Q4 24
$363.1M
$3.9M
Q3 24
$105.7M
$9.1M
Q2 24
$83.2M
$-24.7M
Q1 24
$94.0M
$38.4M
Free Cash Flow
NSA
NSA
RVLV
RVLV
Q4 25
$299.8M
$-13.3M
Q3 25
$88.0M
$7.5M
Q2 25
$73.8M
$10.4M
Q1 25
$79.9M
$43.4M
Q4 24
$344.4M
$2.1M
Q3 24
$101.8M
$8.0M
Q2 24
$79.5M
$-25.7M
Q1 24
$88.6M
$36.7M
FCF Margin
NSA
NSA
RVLV
RVLV
Q4 25
160.3%
-4.1%
Q3 25
46.6%
2.5%
Q2 25
39.1%
3.4%
Q1 25
42.4%
14.6%
Q4 24
181.2%
0.7%
Q3 24
52.6%
2.8%
Q2 24
41.7%
-9.1%
Q1 24
45.2%
13.5%
Capex Intensity
NSA
NSA
RVLV
RVLV
Q4 25
20.7%
1.0%
Q3 25
6.5%
1.5%
Q2 25
3.2%
0.7%
Q1 25
3.0%
0.6%
Q4 24
9.8%
0.6%
Q3 24
2.0%
0.4%
Q2 24
1.9%
0.4%
Q1 24
2.7%
0.6%
Cash Conversion
NSA
NSA
RVLV
RVLV
Q4 25
14.79×
-0.55×
Q3 25
5.44×
0.56×
Q2 25
4.10×
1.24×
Q1 25
6.59×
3.82×
Q4 24
21.70×
0.32×
Q3 24
5.65×
0.83×
Q2 24
4.88×
-1.60×
Q1 24
1.59×
3.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NSA
NSA

Segment breakdown not available.

RVLV
RVLV

Fashion Apparel$155.1M48%
Dresses$76.4M24%
Handbags Shoes And Accessories$67.6M21%
Beauty$20.3M6%
Manufactured Product Other$5.0M2%
Breakage On Store Credit And Gift Cards$900.0K0%

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