vs

Side-by-side financial comparison of National Storage Affiliates Trust (NSA) and URBAN ONE, INC. (UONE). 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 $97.8M, roughly 1.9× URBAN ONE, INC.). National Storage Affiliates Trust runs the higher net margin — 12.2% vs -55.6%, a 67.8% gap on every dollar of revenue. On growth, National Storage Affiliates Trust posted the faster year-over-year revenue change (-1.6% vs -16.5%). National Storage Affiliates Trust produced more free cash flow last quarter ($299.8M vs $-7.2M). Over the past eight quarters, National Storage Affiliates Trust's revenue compounded faster (-2.4% CAGR vs -3.2%).

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.

Urban One, Inc. is an American media conglomerate based in Silver Spring, Maryland. Founded in 1980 by Cathy Hughes, the company primarily operates media properties targeting African Americans.

NSA vs UONE — Head-to-Head

Bigger by revenue
NSA
NSA
1.9× larger
NSA
$187.0M
$97.8M
UONE
Growing faster (revenue YoY)
NSA
NSA
+14.9% gap
NSA
-1.6%
-16.5%
UONE
Higher net margin
NSA
NSA
67.8% more per $
NSA
12.2%
-55.6%
UONE
More free cash flow
NSA
NSA
$307.0M more FCF
NSA
$299.8M
$-7.2M
UONE
Faster 2-yr revenue CAGR
NSA
NSA
Annualised
NSA
-2.4%
-3.2%
UONE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NSA
NSA
UONE
UONE
Revenue
$187.0M
$97.8M
Net Profit
$22.9M
$-54.4M
Gross Margin
72.5%
Operating Margin
20.2%
-55.2%
Net Margin
12.2%
-55.6%
Revenue YoY
-1.6%
-16.5%
Net Profit YoY
36.8%
-52.5%
EPS (diluted)
$0.23
$-30.88

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
UONE
UONE
Q4 25
$187.0M
$97.8M
Q3 25
$188.7M
$92.7M
Q2 25
$188.8M
$91.6M
Q1 25
$188.4M
$92.2M
Q4 24
$190.1M
$117.1M
Q3 24
$193.6M
$110.4M
Q2 24
$190.4M
$117.7M
Q1 24
$196.1M
$104.4M
Net Profit
NSA
NSA
UONE
UONE
Q4 25
$22.9M
$-54.4M
Q3 25
$18.4M
$-2.8M
Q2 25
$19.5M
$-77.9M
Q1 25
$13.0M
$-11.7M
Q4 24
$16.7M
$-35.7M
Q3 24
$18.7M
$-31.8M
Q2 24
$17.1M
$-45.4M
Q1 24
$59.0M
$7.5M
Gross Margin
NSA
NSA
UONE
UONE
Q4 25
72.5%
Q3 25
70.7%
Q2 25
70.5%
Q1 25
70.7%
Q4 24
72.5%
Q3 24
72.8%
Q2 24
72.6%
Q1 24
72.1%
Operating Margin
NSA
NSA
UONE
UONE
Q4 25
20.2%
-55.2%
Q3 25
15.8%
2.7%
Q2 25
16.5%
-131.7%
Q1 25
11.0%
2.3%
Q4 24
14.5%
-1.6%
Q3 24
15.8%
-23.7%
Q2 24
17.2%
-51.3%
Q1 24
48.9%
12.3%
Net Margin
NSA
NSA
UONE
UONE
Q4 25
12.2%
-55.6%
Q3 25
9.8%
-3.1%
Q2 25
10.3%
-85.0%
Q1 25
6.9%
-12.7%
Q4 24
8.8%
-30.4%
Q3 24
9.7%
-28.8%
Q2 24
9.0%
-38.6%
Q1 24
30.1%
7.2%
EPS (diluted)
NSA
NSA
UONE
UONE
Q4 25
$0.23
$-30.88
Q3 25
$0.17
$-0.06
Q2 25
$0.19
$-1.74
Q1 25
$0.10
$-0.26
Q4 24
$0.19
$-20.76
Q3 24
$0.18
$-0.68
Q2 24
$0.16
$-0.94
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
UONE
UONE
Cash + ST InvestmentsLiquidity on hand
$23.3M
$25.5M
Total DebtLower is stronger
$429.7M
Stockholders' EquityBook value
$946.0M
$24.6M
Total Assets
$5.1B
$593.0M
Debt / EquityLower = less leverage
17.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NSA
NSA
UONE
UONE
Q4 25
$23.3M
$25.5M
Q3 25
$26.3M
$79.3M
Q2 25
$26.1M
$85.7M
Q1 25
$19.3M
$115.1M
Q4 24
$50.4M
$137.1M
Q3 24
$69.9M
$115.0M
Q2 24
$59.0M
$131.9M
Q1 24
$64.2M
$155.3M
Total Debt
NSA
NSA
UONE
UONE
Q4 25
$429.7M
Q3 25
$484.3M
Q2 25
$488.4M
Q1 25
$551.5M
Q4 24
$579.1M
Q3 24
$593.9M
Q2 24
$607.9M
Q1 24
$650.0M
Stockholders' Equity
NSA
NSA
UONE
UONE
Q4 25
$946.0M
$24.6M
Q3 25
$973.1M
$78.8M
Q2 25
$1.0B
$82.2M
Q1 25
$1.0B
$159.2M
Q4 24
$1.1B
$170.9M
Q3 24
$986.9M
$204.8M
Q2 24
$1.2B
$239.4M
Q1 24
$1.3B
$285.2M
Total Assets
NSA
NSA
UONE
UONE
Q4 25
$5.1B
$593.0M
Q3 25
$5.1B
$723.5M
Q2 25
$5.2B
$729.2M
Q1 25
$5.3B
$890.6M
Q4 24
$5.4B
$944.8M
Q3 24
$5.4B
$962.6M
Q2 24
$5.3B
$1.0B
Q1 24
$5.4B
$1.1B
Debt / Equity
NSA
NSA
UONE
UONE
Q4 25
17.47×
Q3 25
6.14×
Q2 25
5.94×
Q1 25
3.46×
Q4 24
3.39×
Q3 24
2.90×
Q2 24
2.54×
Q1 24
2.28×

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
UONE
UONE
Operating Cash FlowLast quarter
$338.5M
$-4.0M
Free Cash FlowOCF − Capex
$299.8M
$-7.2M
FCF MarginFCF / Revenue
160.3%
-7.3%
Capex IntensityCapex / Revenue
20.7%
3.3%
Cash ConversionOCF / Net Profit
14.79×
TTM Free Cash FlowTrailing 4 quarters
$541.5M
$-5.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NSA
NSA
UONE
UONE
Q4 25
$338.5M
$-4.0M
Q3 25
$100.2M
$-161.0K
Q2 25
$79.9M
$6.2M
Q1 25
$85.6M
$2.1M
Q4 24
$363.1M
$35.6M
Q3 24
$105.7M
$-1.8M
Q2 24
$83.2M
$6.2M
Q1 24
$94.0M
$-2.5M
Free Cash Flow
NSA
NSA
UONE
UONE
Q4 25
$299.8M
$-7.2M
Q3 25
$88.0M
$-3.3M
Q2 25
$73.8M
$5.0M
Q1 25
$79.9M
$-462.0K
Q4 24
$344.4M
$34.1M
Q3 24
$101.8M
$-3.5M
Q2 24
$79.5M
$3.9M
Q1 24
$88.6M
$-4.3M
FCF Margin
NSA
NSA
UONE
UONE
Q4 25
160.3%
-7.3%
Q3 25
46.6%
-3.5%
Q2 25
39.1%
5.4%
Q1 25
42.4%
-0.5%
Q4 24
181.2%
29.1%
Q3 24
52.6%
-3.1%
Q2 24
41.7%
3.3%
Q1 24
45.2%
-4.1%
Capex Intensity
NSA
NSA
UONE
UONE
Q4 25
20.7%
3.3%
Q3 25
6.5%
3.3%
Q2 25
3.2%
1.3%
Q1 25
3.0%
2.8%
Q4 24
9.8%
1.3%
Q3 24
2.0%
1.5%
Q2 24
1.9%
1.9%
Q1 24
2.7%
1.7%
Cash Conversion
NSA
NSA
UONE
UONE
Q4 25
14.79×
Q3 25
5.44×
Q2 25
4.10×
Q1 25
6.59×
Q4 24
21.70×
Q3 24
5.65×
Q2 24
4.88×
Q1 24
1.59×
-0.33×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NSA
NSA

Segment breakdown not available.

UONE
UONE

Radio Advertising$31.7M32%
Cable Television Advertising$18.3M19%
Cable Television Affiliate Fees$16.5M17%
Digital Advertising$14.7M15%
Reach Media Segment$13.8M14%
Event Revenues And Other$2.6M3%

Related Comparisons