SmartStop Self Storage REIT (SMA) Net Margin (2014 - 2026)
SmartStop Self Storage REIT's (SMA) quarterly Net Margin came in at 14.19% in Q2 2026, up 2670.0% year-over-year from 0.51% in Q2 2025, and up 16.01% quarter-over-quarter from 12.23% in Q1 2026.
Analysis
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 14.19% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin rose 2670.0% year-over-year to 14.19% in Q2 2026; TTM through Jun 2026 was 9.41%, a 1995.0% increase from a year earlier, with the FY2025 full-year figure at 3.12%, up 464.0% from the prior year.
- Net Margin was 14.19% for Q2 2026 at SmartStop Self Storage REIT, up from 12.23% 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 0.62% and a median of 2.09% in 2023 frame the typical range for Net Margin.
- Across the five-year window, Net Margin soared 3979 bps in 2022 and plunged 1699 bps in 2023, its largest moves.
- Over 5 years, Net Margin stood at 2.36% in 2022, then climbed by 18 bps to 1.94% in 2023, then plunged by 214 bps to 6.09% in 2024, then jumped by 158 bps to 3.55% in 2025, then jumped by 300 bps to 14.19% in 2026.
- The last three Net Margin figures came in at 14.19% (Q2 2026), 12.23% (Q1 2026), and 3.55% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Public Storage | 51.84 Bn | 51.58 Bn | 1.20 Bn | 36.52% |
| 2 | Extra Space Storage | 28.88 Bn | 28.88 Bn | 642.43 Mn | 29.68% |
| 3 | CubeSmart | 8.88 Bn | 8.88 Bn | 190.47 Mn | -0.18% |
| 4 | SmartStop Self Storage REIT | 1.77 Bn | 1.73 Bn | 47.65 Mn | 14.19% |
| 5 | Global Self Storage | 57.63 Mn | 57.63 Mn | - | 15.27% |
Historic Data
Download Data
Historic 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% |