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