SmartStop Self Storage REIT (SMA) Land & Improvements (2014 - 2026)
SmartStop Self Storage REIT (SMA) posted quarterly Land & Improvements of $540.4 million for Q1 2026, up 464.15% year-over-year from $95.8 million in Q1 2025, and little changed 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 reported Land & Improvements for 13 consecutive years, with $540.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Land & Improvements rose 464.15% year-over-year to $540.4 million; the TTM figure through Mar 2026 stood at $540.4 million (up 464.15% YoY), while the FY2025 annual figure was $541.3 million, up 12.65% from the prior year.
- Land & Improvements held at $540.4 million in Q1 2026 per SMA's latest filing, from $541.3 million in the prior quarter.
- Across five years, Land & Improvements topped out at $541.3 million in Q4 2025 and bottomed at $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.
- Annual changes were most pronounced in 2024 — Land & Improvements tumbled 78.18% — and 2026, when it soared 464.15%.
- SmartStop Self Storage REIT's Land & Improvements stood at $420.5 million in 2022, then increased by 2.46% to $430.9 million in 2023, then gained by 11.53% to $480.5 million in 2024, then rose by 12.65% to $541.3 million in 2025, then declined by 0.16% to $540.4 million in 2026.
- Business Quant data shows SMA's Land & Improvements at $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 | 131.96 Bn | 131.96 Bn | 2.41 Bn | - |
| 2 | Public Storage | 56.63 Bn | 56.37 Bn | 1.20 Bn | 6.00 Bn |
| 3 | Extra Space Storage | 30.94 Bn | 30.94 Bn | 642.43 Mn | 5.15 Bn |
| 4 | Eastgroup Properties | 10.77 Bn | 10.77 Bn | 193.10 Mn | - |
| 5 | Lineage | 9.48 Bn | 9.42 Bn | 425.00 Mn | - |
| 6 | CubeSmart | 9.27 Bn | 9.27 Bn | 190.47 Mn | - |
| 7 | Rexford Industrial Realty | 8.33 Bn | 8.33 Bn | - | 7.10 Bn |
| 8 | Terreno Realty | 7.24 Bn | 7.24 Bn | - | - |
| 9 | STAG Industrial | 7.00 Bn | 7.00 Bn | - | - |
| 10 | SmartStop Self Storage REIT | 1.90 Bn | 1.86 Bn | 47.65 Mn | 539.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 539.03 Mn |
| 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 |