SmartStop Self Storage REIT (SMA) Land & Improvements (2014 - 2026)
SmartStop Self Storage REIT's Land & Improvements came in at $539.03 million for Q2 2026, up 2.8% from $524.5 million a year earlier but down 0.3% from the prior quarter.
SmartStop Self Storage REIT (SMA) Land & Improvements (2014 - 2026) Analysis & Trends
At the end of FY2025, SmartStop Self Storage REIT's Land & Improvements was $541.33 million, up 12.7% from FY2024.
- Land & Improvements has increased in each of the last seven years, with a five-year compound annual growth rate of 10.0% (FY2020 to FY2025).
- Going back by year, Land & Improvements was $480.54 million in FY2024 (+11.5%), $430.87 million in FY2023 (+2.5%), $420.52 million in FY2022 (+5.8%) and $397.51 million in FY2021 (+18.4%).
- The five-year range for quarterly Land & Improvements is $395.34 million (Q3 2021) to $541.33 million (Q4 2025).
- Year-over-year, Land & Improvements has increased for 12 consecutive quarters, with growth averaging 12.2% over the last eight quarters.
- The fastest year-over-year change in Land & Improvements over five years came in Q3 2025 (growth of 22.9%), and the weakest in Q2 2023 (a decline of 0.3%).
- Business Quant data shows SMA's Land & Improvements at $540.44 million (Q1 2026), $541.33 million (Q4 2025) and $538.8 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Land & Improvements (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 7.24 Bn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | - |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 18.91 Bn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 6.00 Bn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 3.26 Bn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 5.15 Bn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | - |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 5.52 Bn |
| 10 | SmartStop Self Storage REIT | 1.79 Bn | 1.69 Bn | 47.65 Mn | 539.03 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 539.03 Mn |
| Mar 31, 2026 | 540.44 Mn |
| Dec 31, 2025 | 541.33 Mn |
| Sep 30, 2025 | 538.80 Mn |
| Jun 30, 2025 | 524.50 Mn |
| Mar 31, 2025 | 497.90 Mn |
| Dec 31, 2024 | 480.54 Mn |
| Sep 30, 2024 | 438.33 Mn |
| Jun 30, 2024 | 432.38 Mn |
| Mar 31, 2024 | 429.99 Mn |
| Dec 31, 2023 | 430.87 Mn |
| Sep 30, 2023 | 429.88 Mn |
| Jun 30, 2023 | 421.44 Mn |
| Mar 31, 2023 | 420.58 Mn |
| Dec 31, 2022 | 420.52 Mn |
| Sep 30, 2022 | 419.96 Mn |
| Jun 30, 2022 | 422.59 Mn |
| Mar 31, 2022 | 398.68 Mn |
| Dec 31, 2021 | 397.51 Mn |
| Sep 30, 2021 | 395.34 Mn |
SmartStop Self Storage REIT Land & Improvements API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=land-and-improvements&ticker=SMA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "land-and-improvements", "ticker": "SMA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=land-and-improvements&ticker=SMA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();