SmartStop Self Storage REIT (SMA) Interest Expenses (2014 - 2026)
SmartStop Self Storage REIT (SMA) posted quarterly Interest Expenses of $13.1 million for Q1 2026, down 40.35% year-over-year from $22.0 million in Q1 2025, and down 20.16% quarter-over-quarter from $16.5 million in Q4 2025.
SmartStop Self Storage REIT (SMA) Interest Expenses (2014 - 2026) Analysis & Trends
SmartStop Self Storage REIT (SMA) has reported Interest Expenses for 13 consecutive years, with $13.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expenses fell 40.35% year-over-year to $13.1 million; the TTM figure through Mar 2026 stood at $54.1 million (down 30.4% YoY), while the FY2025 annual figure was $59.9 million, down 17.19% from the prior year.
- Interest Expenses fell to $13.1 million in Q1 2026 per SMA's latest filing, from $16.5 million in the prior quarter.
- Across five years, Interest Expenses topped out at $22.0 million in Q1 2025 and bottomed at $7.6 million in Q1 2022.
- Historically, Interest Expenses has averaged $14.5 million across 5 years, with a median of $14.9 million in 2023.
- Annual changes were most pronounced in 2023 — Interest Expenses soared 95.03% — and 2026, when it sank 40.35%.
- SmartStop Self Storage REIT's Interest Expenses stood at $8.3 million in 2022, then jumped by 95.03% to $16.3 million in 2023, then grew by 19.08% to $19.4 million in 2024, then fell by 15.08% to $16.5 million in 2025, then retreated by 20.16% to $13.1 million in 2026.
- Business Quant data shows SMA's Interest Expenses at $13.1 million in Q1 2026, $16.5 million in Q4 2025, and $12.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 131.96 Bn | 131.96 Bn | 2.41 Bn | 276.31 Mn |
| 2 | Public Storage | 56.63 Bn | 56.37 Bn | 1.20 Bn | 84.78 Mn |
| 3 | Extra Space Storage | 30.94 Bn | 30.94 Bn | 642.43 Mn | - |
| 4 | Eastgroup Properties | 10.77 Bn | 10.77 Bn | 193.10 Mn | 8.99 Mn |
| 5 | Lineage | 9.48 Bn | 9.42 Bn | 425.00 Mn | - |
| 6 | CubeSmart | 9.27 Bn | 9.27 Bn | 190.47 Mn | 30.34 Mn |
| 7 | Rexford Industrial Realty | 8.33 Bn | 8.33 Bn | - | 13.90 Mn |
| 8 | Terreno Realty | 7.24 Bn | 7.24 Bn | - | 8.34 Mn |
| 9 | STAG Industrial | 7.00 Bn | 7.00 Bn | - | 37.50 Mn |
| 10 | SmartStop Self Storage REIT | 1.90 Bn | 1.86 Bn | 47.65 Mn | 13.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.34 Mn |
| Jun 30, 2026 | 13.34 Mn |
| Mar 31, 2026 | 13.14 Mn |
| Mar 31, 2026 | 13.14 Mn |
| Dec 31, 2025 | 16.45 Mn |
| Dec 31, 2025 | 16.45 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 |