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
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%