SmartStop Self Storage REIT (SMA) Interest Coverage Ratio (2014 - 2026)
SmartStop Self Storage REIT (SMA) posted quarterly Interest Coverage Ratio of 1.24 for Q1 2026, up 57.79% year-over-year from 0.78 in Q1 2025, and up 8.01% quarter-over-quarter from 1.14 in Q4 2025.
SmartStop Self Storage REIT (SMA) Interest Coverage Ratio (2014 - 2026) Analysis & Trends
SmartStop Self Storage REIT (SMA) has reported Interest Coverage Ratio for 13 consecutive years, with 1.24 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 57.79% year-over-year to 1.24; the TTM figure through Mar 2026 stood at 1.07 (up 18.44% YoY), while the FY2025 annual figure was 0.99, up 3.09% from the prior year.
- Interest Coverage Ratio improved to 1.24 in Q1 2026 per SMA's latest filing, from 1.14 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 2.83 in Q2 2022 and bottomed at 0.78 in Q1 2025.
- Historically, Interest Coverage Ratio has averaged 1.23 across 5 years, with a median of 1.1 in 2022.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio soared 660.43% — and 2023, when it tumbled 55.88%.
- SmartStop Self Storage REIT's Interest Coverage Ratio stood at 1.96 in 2022, then tumbled by 46.78% to 1.04 in 2023, then dropped by 11.72% to 0.92 in 2024, then increased by 24.17% to 1.14 in 2025, then increased by 8.01% to 1.24 in 2026.
- Business Quant data shows SMA's Interest Coverage Ratio at 1.24 in Q1 2026, 1.14 in Q4 2025, and 1.02 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 131.72 Bn | 131.72 Bn | 2.41 Bn | 4.53 |
| 2 | Public Storage | 56.54 Bn | 56.28 Bn | 1.20 Bn | 5.50 |
| 3 | Extra Space Storage | 30.93 Bn | 30.93 Bn | 642.43 Mn | - |
| 4 | Eastgroup Properties | 10.82 Bn | 10.82 Bn | 193.10 Mn | 8.74 |
| 5 | Lineage | 9.48 Bn | 9.42 Bn | 425.00 Mn | - |
| 6 | CubeSmart | 9.32 Bn | 9.32 Bn | 190.47 Mn | 0.70 |
| 7 | Rexford Industrial Realty | 8.35 Bn | 8.35 Bn | - | - |
| 8 | Terreno Realty | 7.29 Bn | 7.29 Bn | - | - |
| 9 | STAG Industrial | 7.00 Bn | 7.00 Bn | - | - |
| 10 | SmartStop Self Storage REIT | 1.91 Bn | 1.87 Bn | 47.65 Mn | 1.34 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.34 |
| Mar 31, 2026 | 1.24 |
| Dec 31, 2025 | 1.14 |
| Sep 30, 2025 | 1.02 |
| Jun 30, 2025 | 0.85 |
| Mar 31, 2025 | 0.78 |
| Dec 31, 2024 | 0.92 |
| Sep 30, 2024 | 0.93 |
| Jun 30, 2024 | 1.02 |
| Mar 31, 2024 | 0.97 |
| Dec 31, 2023 | 1.04 |
| Sep 30, 2023 | 1.14 |
| Jun 30, 2023 | 1.25 |
| Mar 31, 2023 | 1.15 |
| Dec 31, 2022 | 1.96 |
| Sep 30, 2022 | 1.10 |
| Jun 30, 2022 | 2.83 |
| Mar 31, 2022 | 1.53 |
| Dec 31, 2021 | 0.26 |
| Sep 30, 2021 | 1.23 |