SMA
SmartStop Self Storage REIT, Inc.
NYSE: SMA · REAL ESTATE · REIT - INDUSTRIAL
$32.56
-2.75% today
Updated 2026-05-08
Market cap
$1.92B
P/E ratio
—
P/S ratio
6.85x
EPS (TTM)
$-0.20
Dividend yield
—
52W range
$29 – $38
Volume
0.9M
SmartStop Self Storage REIT, Inc. (SMA) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $124.02M | $168.76M | $206.32M | $232.99M | $237.01M | $281.14M |
| Revenue growth (YoY) | — | +36.1% | +22.3% | +12.9% | +1.7% | +18.6% |
| Cost of revenue | $46.91M | $53.86M | $57.41M | $74.49M | $137.20M | $255.07M |
| Gross profit | $77.11M | $114.91M | $148.91M | $158.50M | $157.69M | $26.07M |
| Gross margin | 62.2% | 68.1% | 72.2% | 68.0% | 66.5% | 9.3% |
| R&D | — | — | — | — | — | — |
| SG&A | $16.47M | $23.27M | $28.25M | $27.45M | $29.95M | $38.21M |
| Operating income | $-21.14M | $16.51M | $65.87M | $70.63M | $69.22M | $59.03M |
| Operating margin | -17.0% | 9.8% | 31.9% | 30.3% | 29.2% | 21.0% |
| EBITDA | $21.09M | $65.38M | $127.25M | $131.09M | $124.03M | $133.26M |
| EBITDA margin | 17.0% | 38.7% | 61.7% | 56.3% | 52.3% | 47.4% |
| EBIT | $-20.98M | $12.01M | $62.63M | $70.86M | $67.92M | $60.06M |
| Interest expense | $36.05M | $33.38M | $41.51M | $61.80M | $72.33M | $59.90M |
| Income tax | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-44.30M | $-16.90M | $18.82M | $9.75M | $-5.62M | $-1.55M |
| Net income growth (YoY) | — | +61.9% | +211.4% | -48.2% | -157.6% | +72.5% |
| Profit margin | -35.7% | -10.0% | 9.1% | 4.2% | -2.4% | -0.6% |