SmartStop Self Storage REIT (SMA) EBITDA Margin (2014 - 2026)
SmartStop Self Storage REIT's (SMA) quarterly EBITDA Margin came in at 41.47% in Q1 2026, down 739.0% year-on-year from 6.49% in Q1 2025, and down 7.29% on a QoQ basis from 44.73% in Q4 2025.
SmartStop Self Storage REIT (SMA) EBITDA Margin (2014 - 2026) Analysis & Trends
SmartStop Self Storage REIT (SMA) has 13 years of EBITDA Margin data on file, last reported at 41.47% in Q1 2026.
- On a quarterly basis, EBITDA Margin fell 739.0% year-over-year to 41.47% in Q1 2026; TTM through Mar 2026 was 41.35%, a 994.0% decrease from a year earlier, with the FY2025 full-year figure at 43.07%, down 891.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 41.47%, down from 44.73% in the prior quarter.
- Over the last five years, EBITDA Margin for SMA reached as high as 70.81% in Q2 2022 and fell as low as 37.8% in Q2 2025.
- Historically, EBITDA Margin has averaged 49.91% across 5 years, with a median of 51.91% in 2024.
- Across the five-year window, EBITDA Margin surged 3028 bps in 2022 and plunged 1758 bps in 2023, its largest moves.
- Year by year, EBITDA Margin stood at 51.99% in 2022, then increased by 1 bps to 52.57% in 2023, then dropped by 1 bps to 52.16% in 2024, then slipped by 14 bps to 44.73% in 2025, then slipped by 7 bps to 41.47% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 41.47% in Q1 2026, 44.73% in Q4 2025, and 40.83% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 134.75 Bn | 139.31 Bn | 2.24 Bn | 72.20% |
| 2 | Public Storage | 55.31 Bn | 55.27 Bn | 1.18 Bn | 38.95% |
| 3 | Extra Space Storage | 30.66 Bn | 31.49 Bn | 617.72 Mn | 42.94% |
| 4 | Eastgroup Properties | 11.49 Bn | 11.49 Bn | 193.10 Mn | 40.64% |
| 5 | CubeSmart | 9.34 Bn | 9.36 Bn | 191.86 Mn | 8.22% |
| 6 | Lineage | 9.30 Bn | 9.23 Bn | 417.00 Mn | 2.78% |
| 7 | Rexford Industrial Realty | 8.22 Bn | 8.54 Bn | - | - |
| 8 | STAG Industrial | 7.73 Bn | 7.81 Bn | - | - |
| 9 | Terreno Realty | 7.56 Bn | 7.56 Bn | - | - |
| 10 | SmartStop Self Storage REIT | 134.18 Mn | 196.75 Mn | 44.88 Mn | 41.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 41.47% |
| Dec 31, 2025 | 44.73% |
| Sep 30, 2025 | 40.83% |
| Jun 30, 2025 | 37.80% |
| Mar 31, 2025 | 48.86% |
| Dec 31, 2024 | 52.16% |
| Sep 30, 2024 | 51.91% |
| Jun 30, 2024 | 52.45% |
| Mar 31, 2024 | 51.38% |
| Dec 31, 2023 | 52.57% |
| Sep 30, 2023 | 53.32% |
| Jun 30, 2023 | 53.23% |
| Mar 31, 2023 | 52.43% |
| Dec 31, 2022 | 51.99% |
| Sep 30, 2022 | 45.77% |
| Jun 30, 2022 | 70.81% |
| Mar 31, 2022 | 46.74% |
| Dec 31, 2021 | 27.19% |
| Sep 30, 2021 | 46.15% |
| Jun 30, 2021 | 41.31% |