SmartStop Self Storage REIT (SMA) Net Margin (2014 - 2026)
SmartStop Self Storage REIT (SMA) reported 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 13 years of Net Margin data on file, last reported at 12.23% in Q1 2026.
- Net Margin for Q1 2026 came in at 12.23%, up 2507.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.14% (up 1216.0% YoY), and the FY2025 annual result was 3.12%, up 464.0% from the prior year.
- Net Margin advanced to 12.23% in Q1 2026 per SMA's latest filing, from 3.55% in the prior quarter.
- Over five years, Net Margin peaked at 17.65% in Q2 2022 and troughed at 12.84% in Q1 2025.
- A 5-year average of 1.49% and a median of 2.25% in 2022 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin jumped 3979 bps in 2022, then tumbled 1699 bps in 2023.
- A 5-year view of Net Margin shows it stood at 2.36% in 2022, then grew by 18 bps to 1.94% in 2023, then tumbled 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.
- 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 137.79 Bn | 141.12 Bn | 2.24 Bn | 62.07% |
| 2 | Public Storage | 57.19 Bn | 57.15 Bn | 1.18 Bn | 39.15% |
| 3 | Extra Space Storage | 31.69 Bn | 32.52 Bn | -204.61 Mn | 699.75% |
| 4 | Eastgroup Properties | 10.93 Bn | 10.93 Bn | 190.03 Mn | 49.74% |
| 5 | Lineage | 10.07 Bn | 10.97 Bn | 417.00 Mn | -3.93% |
| 6 | CubeSmart | 9.54 Bn | 9.57 Bn | 191.86 Mn | -0.18% |
| 7 | Rexford Industrial Realty | 7.99 Bn | 8.37 Bn | - | - |
| 8 | STAG Industrial | 7.40 Bn | 7.47 Bn | - | 27.64% |
| 9 | Terreno Realty | 7.04 Bn | 7.04 Bn | - | 55.54% |
| 10 | SmartStop Self Storage REIT | 1.78 Bn | 1.84 Bn | 44.88 Mn | 12.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |