vs
Side-by-side financial comparison of National Storage Affiliates Trust (NSA) and Westrock Coffee Co (WEST). Click either name above to swap in a different company.
Westrock Coffee Co is the larger business by last-quarter revenue ($339.5M vs $187.0M, roughly 1.8× National Storage Affiliates Trust). National Storage Affiliates Trust runs the higher net margin — 12.2% vs -6.6%, a 18.9% gap on every dollar of revenue. On growth, Westrock Coffee Co posted the faster year-over-year revenue change (48.3% vs -1.6%). National Storage Affiliates Trust produced more free cash flow last quarter ($299.8M vs $27.8M). Over the past eight quarters, Westrock Coffee Co's revenue compounded faster (32.8% 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.
Westrock Coffee Co is a global integrated coffee, tea and functional beverage solutions provider. It sources, roasts, manufactures and distributes coffee products, ready-to-drink beverages and custom formulations for retail, foodservice and commercial clients across North America and other key markets.
NSA vs WEST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $187.0M | $339.5M |
| Net Profit | $22.9M | $-22.6M |
| Gross Margin | 72.5% | 11.5% |
| Operating Margin | 20.2% | -2.6% |
| Net Margin | 12.2% | -6.6% |
| Revenue YoY | -1.6% | 48.3% |
| Net Profit YoY | 36.8% | 8.3% |
| 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 | $339.5M | ||
| Q3 25 | $188.7M | $354.8M | ||
| Q2 25 | $188.8M | $280.9M | ||
| Q1 25 | $188.4M | $213.8M | ||
| Q4 24 | $190.1M | $229.0M | ||
| Q3 24 | $193.6M | $220.9M | ||
| Q2 24 | $190.4M | $208.4M | ||
| Q1 24 | $196.1M | $192.5M |
| Q4 25 | $22.9M | $-22.6M | ||
| Q3 25 | $18.4M | $-19.1M | ||
| Q2 25 | $19.5M | $-21.6M | ||
| Q1 25 | $13.0M | $-27.2M | ||
| Q4 24 | $16.7M | $-24.6M | ||
| Q3 24 | $18.7M | $-14.3M | ||
| Q2 24 | $17.1M | $-17.8M | ||
| Q1 24 | $59.0M | $-23.7M |
| Q4 25 | 72.5% | 11.5% | ||
| Q3 25 | 70.7% | 11.7% | ||
| Q2 25 | 70.5% | 14.7% | ||
| Q1 25 | 70.7% | 13.6% | ||
| Q4 24 | 72.5% | 16.6% | ||
| Q3 24 | 72.8% | 16.8% | ||
| Q2 24 | 72.6% | 19.9% | ||
| Q1 24 | 72.1% | 19.4% |
| Q4 25 | 20.2% | -2.6% | ||
| Q3 25 | 15.8% | -2.4% | ||
| Q2 25 | 16.5% | -5.3% | ||
| Q1 25 | 11.0% | -6.1% | ||
| Q4 24 | 14.5% | -4.3% | ||
| Q3 24 | 15.8% | -5.8% | ||
| Q2 24 | 17.2% | -7.9% | ||
| Q1 24 | 48.9% | -5.3% |
| Q4 25 | 12.2% | -6.6% | ||
| Q3 25 | 9.8% | -5.4% | ||
| Q2 25 | 10.3% | -7.7% | ||
| Q1 25 | 6.9% | -12.7% | ||
| Q4 24 | 8.8% | -10.7% | ||
| Q3 24 | 9.7% | -6.5% | ||
| Q2 24 | 9.0% | -8.5% | ||
| Q1 24 | 30.1% | -12.3% |
| Q4 25 | $0.23 | $-0.22 | ||
| Q3 25 | $0.17 | $-0.20 | ||
| Q2 25 | $0.19 | $-0.23 | ||
| Q1 25 | $0.10 | $-0.29 | ||
| Q4 24 | $0.19 | $-0.26 | ||
| Q3 24 | $0.18 | $-0.16 | ||
| Q2 24 | $0.16 | $-0.20 | ||
| Q1 24 | $0.65 | $-0.27 |
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 | $49.9M |
| Total DebtLower is stronger | — | $444.1M |
| Stockholders' EquityBook value | $946.0M | $-1.9M |
| Total Assets | $5.1B | $1.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $23.3M | $49.9M | ||
| Q3 25 | $26.3M | $34.0M | ||
| Q2 25 | $26.1M | $44.0M | ||
| Q1 25 | $19.3M | $33.1M | ||
| Q4 24 | $50.4M | $26.2M | ||
| Q3 24 | $69.9M | $22.4M | ||
| Q2 24 | $59.0M | $24.3M | ||
| Q1 24 | $64.2M | $12.6M |
| Q4 25 | — | $444.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $393.1M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $946.0M | $-1.9M | ||
| Q3 25 | $973.1M | $11.4M | ||
| Q2 25 | $1.0B | $18.2M | ||
| Q1 25 | $1.0B | $71.4M | ||
| Q4 24 | $1.1B | $97.5M | ||
| Q3 24 | $986.9M | $110.3M | ||
| Q2 24 | $1.2B | $81.5M | ||
| Q1 24 | $1.3B | $91.7M |
| Q4 25 | $5.1B | $1.2B | ||
| Q3 25 | $5.1B | $1.2B | ||
| Q2 25 | $5.2B | $1.2B | ||
| Q1 25 | $5.3B | $1.1B | ||
| Q4 24 | $5.4B | $1.1B | ||
| Q3 24 | $5.4B | $1.1B | ||
| Q2 24 | $5.3B | $1.1B | ||
| Q1 24 | $5.4B | $983.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.03× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $36.7M |
| Free Cash FlowOCF − Capex | $299.8M | $27.8M |
| FCF MarginFCF / Revenue | 160.3% | 8.2% |
| Capex IntensityCapex / Revenue | 20.7% | 2.6% |
| Cash ConversionOCF / Net Profit | 14.79× | — |
| TTM Free Cash FlowTrailing 4 quarters | $541.5M | $-107.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $338.5M | $36.7M | ||
| Q3 25 | $100.2M | $-26.6M | ||
| Q2 25 | $79.9M | $-7.0M | ||
| Q1 25 | $85.6M | $-22.1M | ||
| Q4 24 | $363.1M | $2.8M | ||
| Q3 24 | $105.7M | $-332.0K | ||
| Q2 24 | $83.2M | $-23.7M | ||
| Q1 24 | $94.0M | $8.0M |
| Q4 25 | $299.8M | $27.8M | ||
| Q3 25 | $88.0M | $-44.7M | ||
| Q2 25 | $73.8M | $-27.5M | ||
| Q1 25 | $79.9M | $-63.4M | ||
| Q4 24 | $344.4M | $-15.4M | ||
| Q3 24 | $101.8M | $-36.7M | ||
| Q2 24 | $79.5M | $-59.9M | ||
| Q1 24 | $88.6M | $-60.9M |
| Q4 25 | 160.3% | 8.2% | ||
| Q3 25 | 46.6% | -12.6% | ||
| Q2 25 | 39.1% | -9.8% | ||
| Q1 25 | 42.4% | -29.7% | ||
| Q4 24 | 181.2% | -6.7% | ||
| Q3 24 | 52.6% | -16.6% | ||
| Q2 24 | 41.7% | -28.7% | ||
| Q1 24 | 45.2% | -31.7% |
| Q4 25 | 20.7% | 2.6% | ||
| Q3 25 | 6.5% | 5.1% | ||
| Q2 25 | 3.2% | 7.3% | ||
| Q1 25 | 3.0% | 19.3% | ||
| Q4 24 | 9.8% | 7.9% | ||
| Q3 24 | 2.0% | 16.5% | ||
| Q2 24 | 1.9% | 17.4% | ||
| Q1 24 | 2.7% | 35.8% |
| 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× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NSA
Segment breakdown not available.
WEST
| Coffee And Tea | $202.6M | 60% |
| Flavors Extracts And Ingredients | $69.6M | 21% |
| Sustainable Sourcing And Traceability Segments | $66.9M | 20% |
