SmartStop Self Storage REIT (SMA) EBITDA Margin (2014 - 2026)
SmartStop Self Storage REIT (SMA) posted quarterly EBITDA Margin of 41.47% for Q1 2026, down 739.0% year-over-year from 6.49% in Q1 2025, and down 7.29% quarter-over-quarter from 44.73% in Q4 2025.
SmartStop Self Storage REIT (SMA) EBITDA Margin (2014 - 2026) Analysis & Trends
SmartStop Self Storage REIT (SMA) has reported EBITDA Margin for 13 consecutive years, with 41.47% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA Margin fell 739.0% year-over-year to 41.47%; the TTM figure through Mar 2026 stood at 41.35% (down 994.0% YoY), while the FY2025 annual figure was 43.07%, down 891.0% from the prior year.
- EBITDA Margin eased to 41.47% in Q1 2026 per SMA's latest filing, from 44.73% in the prior quarter.
- Across five years, EBITDA Margin topped out at 70.81% in Q2 2022 and bottomed at 37.8% in Q2 2025.
- Historically, EBITDA Margin has averaged 49.91% across 5 years, with a median of 51.91% in 2024.
- Annual changes were most pronounced in 2022 — EBITDA Margin jumped 3028 bps — and 2023, when it slumped 1758 bps.
- SmartStop Self Storage REIT's EBITDA Margin stood at 51.99% in 2022, then climbed by 1 bps to 52.57% in 2023, then decreased by 1 bps to 52.16% in 2024, then retreated by 14 bps to 44.73% in 2025, then retreated by 7 bps to 41.47% in 2026.
- Business Quant data shows SMA's EBITDA Margin at 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 | 131.45 Bn | 131.45 Bn | 2.41 Bn | 51.59% |
| 2 | Public Storage | 56.55 Bn | 56.29 Bn | 1.20 Bn | 59.90% |
| 3 | Extra Space Storage | 30.92 Bn | 30.92 Bn | 642.43 Mn | 44.86% |
| 4 | Eastgroup Properties | 10.76 Bn | 10.76 Bn | 193.10 Mn | 64.38% |
| 5 | Lineage | 9.48 Bn | 9.43 Bn | 425.00 Mn | 17.34% |
| 6 | CubeSmart | 9.29 Bn | 9.29 Bn | 190.47 Mn | 7.46% |
| 7 | Rexford Industrial Realty | 8.32 Bn | 8.32 Bn | - | - |
| 8 | Terreno Realty | 7.24 Bn | 7.24 Bn | - | - |
| 9 | STAG Industrial | 6.99 Bn | 6.99 Bn | - | - |
| 10 | SmartStop Self Storage REIT | 1.89 Bn | 1.85 Bn | 47.65 Mn | 43.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 42.96% |
| 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% |