SmartStop Self Storage REIT (SMA) Interest Expenses (2014 - 2026)

SmartStop Self Storage REIT's (SMA) quarterly Interest Expenses came in at $13.1 million in Q1 2026, down 40.35% year-on-year from $22.0 million in Q1 2025, and down 1.39% on a QoQ basis from $13.3 million in Q4 2025.

SmartStop Self Storage REIT (SMA) Interest Expenses (2014 - 2026) Analysis & Trends

SmartStop Self Storage REIT (SMA) has 13 years of Interest Expenses data on file, last reported at $13.1 million in Q1 2026.

  • On a quarterly basis, Interest Expenses fell 40.35% year-over-year to $13.1 million in Q1 2026; TTM through Mar 2026 was $51.0 million, a 34.43% decrease from a year earlier, with the FY2025 full-year figure at $59.9 million, down 17.19% from the prior year.
  • Interest Expenses for Q1 2026 stood at $13.1 million, down from $13.3 million in the prior quarter.
  • Over the last five years, Interest Expenses for SMA reached as high as $22.0 million in Q1 2025 and fell as low as $7.6 million in Q1 2022.
  • Historically, Interest Expenses has averaged $14.3 million across 5 years, with a median of $13.3 million in 2022.
  • Across the five-year window, Interest Expenses soared 94.09% in 2023 and tumbled 40.35% in 2026, its largest moves.
  • Year by year, Interest Expenses stood at $13.3 million in 2022, then fell by 24.14% to $10.1 million in 2023, then surged by 91.59% to $19.4 million in 2024, then sank by 31.24% to $13.3 million in 2025, then dropped by 1.39% to $13.1 million in 2026.
  • Per Business Quant data, the three most recent Interest Expenses figures were $13.1 million in Q1 2026, $13.3 million in Q4 2025, and $12.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Prologis 134.75 Bn 139.31 Bn 2.24 Bn 281.91 Mn
2 Public Storage 55.31 Bn 55.27 Bn 1.18 Bn 92.26 Mn
3 Extra Space Storage 30.66 Bn 31.49 Bn 617.72 Mn 161.18 Mn
4 Eastgroup Properties 11.49 Bn 11.49 Bn 193.10 Mn 8.99 Mn
5 CubeSmart 9.34 Bn 9.36 Bn 191.86 Mn 34.78 Mn
6 Lineage 9.30 Bn 9.23 Bn 417.00 Mn 89.00 Mn
7 Rexford Industrial Realty 8.22 Bn 8.54 Bn - 33.13 Mn
8 STAG Industrial 7.73 Bn 7.81 Bn - 84.10 Mn
9 Terreno Realty 7.56 Bn 7.56 Bn - 1.80 Bn
10 SmartStop Self Storage REIT 134.18 Mn 196.75 Mn 44.88 Mn 13.14 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 13.14 Mn
Mar 31, 2026 13.14 Mn
Dec 31, 2025 13.32 Mn
Dec 31, 2025 13.32 Mn
Sep 30, 2025 12.52 Mn
Sep 30, 2025 12.52 Mn
Jun 30, 2025 12.03 Mn
Jun 30, 2025 12.03 Mn
Mar 31, 2025 22.02 Mn
Mar 31, 2025 22.02 Mn
Dec 31, 2024 19.38 Mn
Dec 31, 2024 19.38 Mn
Sep 30, 2024 19.10 Mn
Sep 30, 2024 19.10 Mn
Jun 30, 2024 17.29 Mn
Jun 30, 2024 17.29 Mn
Mar 31, 2024 16.55 Mn
Mar 31, 2024 16.55 Mn
Dec 31, 2023 10.11 Mn
Dec 31, 2023 10.11 Mn