SmartStop Self Storage REIT (SMA) Land & Improvements (2014 - 2026)

SmartStop Self Storage REIT's (SMA) quarterly Land & Improvements came in at $540.4 million in Q1 2026, up 464.15% year-on-year from $95.8 million in Q1 2025, and little changed on a QoQ basis from $541.3 million in Q4 2025.

SmartStop Self Storage REIT (SMA) Land & Improvements (2014 - 2026) Analysis & Trends

SmartStop Self Storage REIT (SMA) has 13 years of Land & Improvements data on file, last reported at $540.4 million in Q1 2026.

  • On a quarterly basis, Land & Improvements rose 464.15% year-over-year to $540.4 million in Q1 2026; TTM through Mar 2026 was $540.4 million, a 464.15% increase from a year earlier, with the FY2025 full-year figure at $541.3 million, up 12.65% from the prior year.
  • Land & Improvements for Q1 2026 stood at $540.4 million, roughly flat from $541.3 million in the prior quarter.
  • Over the last five years, Land & Improvements for SMA reached as high as $541.3 million in Q4 2025 and fell as low as $88.4 million in Q2 2022.
  • Historically, Land & Improvements has averaged $329.8 million across 5 years, with a median of $420.5 million in 2022.
  • Across the five-year window, Land & Improvements sank 78.18% in 2024 and jumped 464.15% in 2026, its largest moves.
  • Year by year, Land & Improvements stood at $420.5 million in 2022, then gained by 2.46% to $430.9 million in 2023, then climbed by 11.53% to $480.5 million in 2024, then advanced by 12.65% to $541.3 million in 2025, then retreated by 0.16% to $540.4 million in 2026.
  • Per Business Quant data, the three most recent Land & Improvements figures were $540.4 million in Q1 2026, $541.3 million in Q4 2025, and $101.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Land & Improvements (Qtr)
1 Prologis 136.10 Bn 136.10 Bn 2.24 Bn -
2 Public Storage 57.60 Bn 57.46 Bn 1.18 Bn 5.96 Bn
3 Extra Space Storage 31.59 Bn 31.59 Bn 617.72 Mn 5.13 Bn
4 Eastgroup Properties 11.40 Bn 11.40 Bn 193.10 Mn -
5 CubeSmart 9.71 Bn 9.71 Bn 191.86 Mn -
6 Lineage 9.55 Bn 9.49 Bn 417.00 Mn -
7 Rexford Industrial Realty 8.92 Bn 8.87 Bn - 7.56 Bn
8 STAG Industrial 7.85 Bn 7.85 Bn - -
9 Terreno Realty 7.66 Bn 7.66 Bn - -
10 SmartStop Self Storage REIT 140.62 Mn 102.41 Mn 44.88 Mn 540.44 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 540.44 Mn
Dec 31, 2025 541.33 Mn
Sep 30, 2025 101.64 Mn
Jun 30, 2025 524.50 Mn
Mar 31, 2025 95.80 Mn
Dec 31, 2024 480.54 Mn
Sep 30, 2024 438.33 Mn
Jun 30, 2024 93.11 Mn
Mar 31, 2024 91.78 Mn
Dec 31, 2023 430.87 Mn
Sep 30, 2023 429.88 Mn
Jun 30, 2023 90.68 Mn
Mar 31, 2023 420.58 Mn
Dec 31, 2022 420.52 Mn
Sep 30, 2022 419.96 Mn
Jun 30, 2022 88.38 Mn
Mar 31, 2022 398.68 Mn
Dec 31, 2021 78.91 Mn
Sep 30, 2021 77.79 Mn
Jun 30, 2021 77.55 Mn