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| Date | Value |
|---|---|
| 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 |