SmartStop Self Storage REIT (SMA) Net Margin (2014 - 2026)
SmartStop Self Storage REIT's Net Margin came in at 14.19% for Q2 2026, up 26.70 percentage points from -12.51% a year earlier and up 1.96 percentage points from the prior quarter.
SmartStop Self Storage REIT (SMA) Net Margin (2014 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, SmartStop Self Storage REIT reported Net Margin of 9.41%, up 19.95 percentage points year-over-year; for FY2025, it came in at -3.12%, up 4.64 percentage points from FY2024.
- Net Margin carries a five-year change of +40.71 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was -7.75% in FY2024 (-6.58 pp), -1.18% in FY2023 (-4.15 pp), 2.97% in FY2022 (+20.39 pp) and -17.42% in FY2021 (+26.40 pp).
- The Q2 2026 figure represents the highest quarterly Net Margin since Q2 2022.
- Year-over-year, Net Margin has increased for four consecutive quarters, with an average year-over-year change of +6.88 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in Q1 2022 (a gain of 39.79 percentage points), and the weakest in Q2 2023 (a drop of 16.99 percentage points).
- Business Quant data shows SMA's Net Margin at 12.23% (Q1 2026), 3.55% (Q4 2025) and 7.42% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 12.55% |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 43.74% |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 170.16% |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 22.22% |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 36.52% |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 4.08% |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 30.14% |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 49.74% |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | SmartStop Self Storage REIT | 1.79 Bn | 1.69 Bn | 47.65 Mn | 14.19% |
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% |
SmartStop Self Storage REIT Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=SMA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "SMA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=SMA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();