SmartStop Self Storage REIT (SMA) Net Margin (2014 - 2026)
SmartStop Self Storage REIT (SMA) posted quarterly Net Margin of 12.23% for Q1 2026, up 2507.0% year-over-year from 0.47% in Q1 2025, and up 244.81% quarter-over-quarter from 3.55% in Q4 2025.
SmartStop Self Storage REIT (SMA) Net Margin (2014 - 2026) Analysis & Trends
SmartStop Self Storage REIT (SMA) has reported Net Margin for 13 consecutive years, with 12.23% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 2507.0% year-over-year to 12.23%; the TTM figure through Mar 2026 stood at 3.14% (up 1216.0% YoY), while the FY2025 annual figure was 3.12%, up 464.0% from the prior year.
- Net Margin rose to 12.23% in Q1 2026 per SMA's latest filing, from 3.55% in the prior quarter.
- Across five years, Net Margin topped out at 17.65% in Q2 2022 and bottomed at 12.84% in Q1 2025.
- Historically, Net Margin has averaged 1.49% across 5 years, with a median of 2.25% in 2022.
- Annual changes were most pronounced in 2022 — Net Margin jumped 3979 bps — and 2023, when it tumbled 1699 bps.
- SmartStop Self Storage REIT's Net Margin stood at 2.36% in 2022, then increased by 18 bps to 1.94% in 2023, then plunged by 214 bps to 6.09% in 2024, then soared by 158 bps to 3.55% in 2025, then soared by 245 bps to 12.23% in 2026.
- Business Quant data shows SMA's Net Margin at 12.23% in Q1 2026, 3.55% in Q4 2025, and 7.42% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 131.18 Bn | 131.18 Bn | 2.41 Bn | 43.74% |
| 2 | Public Storage | 56.71 Bn | 56.45 Bn | 1.20 Bn | 36.52% |
| 3 | Extra Space Storage | 31.13 Bn | 31.13 Bn | 642.43 Mn | 29.68% |
| 4 | Eastgroup Properties | 10.82 Bn | 10.82 Bn | 193.10 Mn | 39.06% |
| 5 | Lineage | 9.47 Bn | 9.41 Bn | 425.00 Mn | -2.35% |
| 6 | CubeSmart | 9.34 Bn | 9.34 Bn | 190.47 Mn | -0.18% |
| 7 | Rexford Industrial Realty | 8.31 Bn | 8.31 Bn | - | -206.47% |
| 8 | Terreno Realty | 7.29 Bn | 7.29 Bn | - | 45.96% |
| 9 | STAG Industrial | 6.97 Bn | 6.97 Bn | - | 23.57% |
| 10 | SmartStop Self Storage REIT | 1.91 Bn | 1.87 Bn | 47.65 Mn | 14.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.19% |
| 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% |