SmartStop Self Storage REIT (SMA) Net Margin (2014 - 2026)

SmartStop Self Storage REIT's (SMA) quarterly Net Margin came in at 12.23% in Q1 2026, up 2507.0% year-on-year from 0.47% in Q1 2025, and up 244.81% on a QoQ basis from 3.55% in Q4 2025.

SmartStop Self Storage REIT (SMA) Net Margin (2014 - 2026) Analysis & Trends

SmartStop Self Storage REIT (SMA) has 13 years of Net Margin data on file, last reported at 12.23% in Q1 2026.

  • On a quarterly basis, Net Margin rose 2507.0% year-over-year to 12.23% in Q1 2026; TTM through Mar 2026 was 3.14%, a 1216.0% increase from a year earlier, with the FY2025 full-year figure at 3.12%, up 464.0% from the prior year.
  • Net Margin for Q1 2026 stood at 12.23%, up from 3.55% in the prior quarter.
  • Over the last five years, Net Margin for SMA reached as high as 17.65% in Q2 2022 and fell as low as 12.84% in Q1 2025.
  • Historically, Net Margin has averaged 1.49% across 5 years, with a median of 2.25% in 2022.
  • Across the five-year window, Net Margin surged 3979 bps in 2022 and sank 1699 bps in 2023, its largest moves.
  • Year by year, Net Margin stood at 2.36% in 2022, then gained by 18 bps to 1.94% in 2023, then plunged by 214 bps to 6.09% in 2024, then surged by 158 bps to 3.55% in 2025, then surged by 245 bps to 12.23% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 12.23% in Q1 2026, 3.55% in Q4 2025, and 7.42% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Prologis 135.90 Bn 135.90 Bn 2.24 Bn 62.07%
2 Public Storage 57.47 Bn 57.33 Bn 1.18 Bn 39.15%
3 Extra Space Storage 31.58 Bn 31.58 Bn 617.72 Mn 27.62%
4 Eastgroup Properties 11.39 Bn 11.39 Bn 193.10 Mn 39.06%
5 CubeSmart 9.67 Bn 9.67 Bn 191.86 Mn -0.18%
6 Lineage 9.54 Bn 9.48 Bn 417.00 Mn -3.93%
7 Rexford Industrial Realty 8.92 Bn 8.87 Bn - -
8 STAG Industrial 7.85 Bn 7.85 Bn - 27.64%
9 Terreno Realty 7.65 Bn 7.65 Bn - 55.54%
10 SmartStop Self Storage REIT 140.64 Mn 102.43 Mn 44.88 Mn 12.23%

Historic Data

Download Data
DateValue
Mar 31, 2026 12.23%
Dec 31, 2025 3.55%
Sep 30, 2025 7.42%
Jun 30, 2025 -12.51%
Mar 31, 2025 -12.84%
Dec 31, 2024 -6.09%
Sep 30, 2024 -10.34%
Jun 30, 2024 -6.46%
Mar 31, 2024 -8.15%
Dec 31, 2023 -1.94%
Sep 30, 2023 -1.08%
Jun 30, 2023 0.66%
Mar 31, 2023 -2.43%
Dec 31, 2022 -2.36%
Sep 30, 2022 -2.25%
Jun 30, 2022 17.65%
Mar 31, 2022 -0.45%
Dec 31, 2021 -20.00%
Sep 30, 2021 -4.92%
Jun 30, 2021 -9.19%