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

SmartStop Self Storage REIT (SMA) reported Land & Improvements of $103.2 million for Q1 2026, down 79.28% year-over-year from $497.9 million in Q1 2025, and down 80.94% quarter-over-quarter 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 $103.2 million in Q1 2026.

  • Land & Improvements for Q1 2026 came in at $103.2 million, down 79.28% year-over-year; the trailing twelve-month figure through Mar 2026 was $103.2 million (down 79.28% YoY), and the FY2025 annual result was $541.3 million, up 472.46% from the prior year.
  • Land & Improvements fell to $103.2 million in Q1 2026 per SMA's latest filing, from $541.3 million in the prior quarter.
  • Over five years, Land & Improvements peaked at $541.3 million in Q4 2025 and troughed at $88.5 million in Q3 2022.
  • A 5-year average of $319.7 million and a median of $420.6 million in 2023 frame the typical range for Land & Improvements.
  • The sharpest annual moves came in 2025 and 2026: Land & Improvements surged 472.46% in 2025, then tumbled 79.28% in 2026.
  • A 5-year view of Land & Improvements shows it stood at $420.5 million in 2022, then grew by 2.46% to $430.9 million in 2023, then sank by 78.05% to $94.6 million in 2024, then surged by 472.46% to $541.3 million in 2025, then slumped by 80.94% to $103.2 million in 2026.
  • Business Quant data shows SMA's Land & Improvements at $103.2 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 137.79 Bn 141.12 Bn 2.24 Bn -
2 Public Storage 57.19 Bn 57.15 Bn 1.18 Bn 5.96 Bn
3 Extra Space Storage 31.69 Bn 32.52 Bn -204.61 Mn 5.13 Bn
4 Eastgroup Properties 10.93 Bn 10.93 Bn 190.03 Mn -
5 Lineage 10.07 Bn 10.97 Bn 417.00 Mn -
6 CubeSmart 9.54 Bn 9.57 Bn 191.86 Mn -
7 Rexford Industrial Realty 7.99 Bn 8.37 Bn - 7.56 Bn
8 STAG Industrial 7.40 Bn 7.47 Bn - -
9 Terreno Realty 7.04 Bn 7.04 Bn - -
10 SmartStop Self Storage REIT 1.78 Bn 1.84 Bn 44.88 Mn 103.18 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 103.18 Mn
Dec 31, 2025 541.33 Mn
Sep 30, 2025 101.64 Mn
Jun 30, 2025 100.35 Mn
Mar 31, 2025 497.90 Mn
Dec 31, 2024 94.56 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 91.43 Mn
Jun 30, 2023 421.44 Mn
Mar 31, 2023 420.58 Mn
Dec 31, 2022 420.52 Mn
Sep 30, 2022 88.52 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
Jun 30, 2021 396.43 Mn