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