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Smartstop Self Storage REIT Inc logo

Smartstop Self Storage REIT Inc

SMA

NYSEReal EstateREIT - Industrial

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Previous close

$34.21

−$0.23 · -0.67%

Aug 21, 4:00 PM ET

SMA company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

81

Deep Value

Momentum

41

Neutral

Sentiment

49

Mixed

Risk resilience

75

Moderate Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

As a self-managed real estate investment trust (REIT), SmartStop heavily incorporates technology into its operations. The company is supported by a comprehensive, integrated team of roughly 570 self-storage professionals. Recognized as one of North America's leading self-storage providers, SmartStop continues to grow its portfolio across Canada and within high-potential markets throughout the United States.

Industry
REIT - Industrial
Sector
Real Estate
Headquarters
US
CEO
H. Michael Schwartz
Listed since
Apr 2, 2025
Employees
1,000

Market position

Day range

Current $34.21

52-week range

Current $34.21

Open
$34.56
Previous close
$34.44
Volume
292.9K
0.43× average
Average volume
687.18K
Average daily volume
Market cap
1.89B USD
Beta
0.5
Market reference 1
50-day average
$33.5334
+2.02% above average
200-day average
$32.3689
+5.69% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.51B USD
P/E (TTM)
66.87×
P/B (TTM)
1.63×
P/S (TTM)
11.8×
EV / EBITDA
18.82×
Earnings yield
-0.11%
Free cash flow yield
5.81%
Dividend yield
4.68%

Profitability & efficiency

Gross margin
-6.18%
Operating margin
29.35%
Net margin
17.96%
Return on equity
-0.13%
Return on assets
-0.06%
Return on invested capital
-26.22%

Financial health

Debt / equity
0.97×
Current ratio
1.25×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends80%48%15%-18%Gross margin, FY2021: 68.09%Gross margin, FY2022: 72.17%Gross margin, FY2023: 68.03%Gross margin, FY2024: 66.53%Gross margin, FY2025: 9.27%Operating margin, FY2021: 9.78%Operating margin, FY2022: 31.92%Operating margin, FY2023: 30.31%Operating margin, FY2024: 29.21%Operating margin, FY2025: 21.00%Net margin, FY2021: -10.01%Net margin, FY2022: 9.12%Net margin, FY2023: 4.19%Net margin, FY2024: -2.37%Net margin, FY2025: -0.55%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 68.09%. Gross margin FY2022 72.17%. Gross margin FY2023 68.03%. Gross margin FY2024 66.53%. Gross margin FY2025 9.27%. Operating margin FY2021 9.78%. Operating margin FY2022 31.92%. Operating margin FY2023 30.31%. Operating margin FY2024 29.21%. Operating margin FY2025 21.00%. Net margin FY2021 -10.01%. Net margin FY2022 9.12%. Net margin FY2023 4.19%. Net margin FY2024 -2.37%. Net margin FY2025 -0.55%.

Income trends

Revenue

281.14M USD+18.62%

Operating income

59.03M USD-14.72%

Net income

−1.55M USD+72.48%
Income trends across reported periods310.95M USD191.73M USD72.51M USD−46.71M USDRevenue, FY2021: 168.76M USDRevenue, FY2022: 206.33M USDRevenue, FY2023: 232.99M USDRevenue, FY2024: 237.01M USDRevenue, FY2025: 281.14M USDOperating income, FY2021: 16.51M USDOperating income, FY2022: 65.87M USDOperating income, FY2023: 70.63M USDOperating income, FY2024: 69.22M USDOperating income, FY2025: 59.03M USDNet income, FY2021: −16.9M USDNet income, FY2022: 18.82M USDNet income, FY2023: 9.75M USDNet income, FY2024: −5.62M USDNet income, FY2025: −1.55M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 168.76M USD. Revenue FY2022 206.33M USD. Revenue FY2023 232.99M USD. Revenue FY2024 237.01M USD. Revenue FY2025 281.14M USD. Operating income FY2021 16.51M USD. Operating income FY2022 65.87M USD. Operating income FY2023 70.63M USD. Operating income FY2024 69.22M USD. Operating income FY2025 59.03M USD. Net income FY2021 −16.9M USD. Net income FY2022 18.82M USD. Net income FY2023 9.75M USD. Net income FY2024 −5.62M USD. Net income FY2025 −1.55M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue281.14M USD237.01M USD232.99M USD206.33M USD168.76M USD
Cost of goods sold255.07M USD137.2M USD74.49M USD57.41M USD53.86M USD
Gross profit26.07M USD157.69M USD158.5M USD148.92M USD114.91M USD
Selling, general, and administrative38.21M USD29.95M USD27.45M USD28.25M USD23.27M USD
Operating expenses−32.96M USD88.46M USD87.88M USD83.05M USD98.4M USD
Interest income4.37M USD3.25M USD3.36M USD1.84M USD110.94K USD
Interest expense59.9M USD72.33M USD61.81M USD41.51M USD33.38M USD
Depreciation and amortization73.2M USD56.11M USD60.23M USD64.62M USD53.37M USD
Operating income59.03M USD69.22M USD70.63M USD65.87M USD16.51M USD
Net income−1.55M USD−5.62M USD9.75M USD18.82M USD−16.9M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
43%
3 beats, 4 misses, 0 met estimates
Average EPS surprise
-596.96%
7 comparable reports
Latest EPS result
0.2
Estimate 0.1 · Beat by 92.68%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.590.25-0.08-0.42Q1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 12, 2025: actual -0.15, estimate -0.306, surprise +50.98%, Beat. Q2 2025, reported May 7, 2025: actual -0.35, estimate 0.41, surprise -185.37%, Miss. Q3 2025, reported Aug 6, 2025: actual -0.16, estimate 0.004, surprise -4090.02%, Miss. Q4 2025, reported Nov 5, 2025: actual 0.09, estimate 0.52, surprise -82.69%, Miss. Q1 2026, reported Feb 25, 2026: actual 0.05, estimate 0.155, surprise -67.74%, Miss. Q2 2026, reported May 6, 2026: actual 0.17, estimate 0.084, surprise +103.45%, Beat. Q3 2026, reported Aug 5, 2026: actual 0.2, estimate 0.104, surprise +92.68%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 0.15, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates79.01M69.5M60M50.49MQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 12, 2025: actual 53.53M USD, estimate 54.06M USD, surprise -0.98%, Miss. Q2 2025, reported May 7, 2025: actual 56.59M USD, estimate 54.06M USD, surprise +4.67%, Beat. Q3 2025, reported Aug 6, 2025: actual 58.16M USD, estimate 56.83M USD, surprise +2.33%, Beat. Q4 2025, reported Nov 5, 2025: actual 70.43M USD, estimate 75.97M USD, surprise -7.29%, Miss. Q1 2026, reported Feb 25, 2026: actual 61.99M USD, estimate 62.15M USD, surprise -0.25%, Miss. Q2 2026, reported May 6, 2026: actual 61.91M USD, estimate 61.83M USD, surprise +0.13%, Beat. Q3 2026, reported Aug 5, 2026: actual 62.88M USD, estimate 62.63M USD, surprise +0.40%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 63.69M USD, surprise —, Comparison unavailable.

SMA news

businesswire.com

SmartStop Closes Canadian Maple Bond Offering for CAD $200 Million

LADERA RANCH, Calif.--(BUSINESS WIRE)--SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the…

Read source
reuters.com

SMA Solar posts stable sales helped by rising rooftop panel demand

Solar ​power equipment supplier SMA Solar reported ‌half-year sales broadly in line with last year on Thursday, aided by surging demand for rooftop ​panels as households sought to limit ​high fuel prices.

Read source
marketbeat.com

Smartstop Self Storage REIT Q2 Earnings Call Highlights

Smartstop Self Storage REIT NYSE: SMA reported second-quarter operating results that included same-store revenue growth, lower operating expenses and higher funds from operations, while raising portions of its full-year…

Read source
seekingalpha.com

SmartStop Self Storage REIT, Inc. (SMA) Q2 2026 Earnings Call Transcript

SmartStop Self Storage REIT, Inc. (SMA) Q2 2026 Earnings Call Transcript

Read source
gurufocus.com

Scholar Rock Reports Second Quarter 2026 Financial Results and Recent Business Highlights

Scholar Rock (NASDAQ: SRRK), a global biopharmaceutical company dedicated to improving the lives of patients with rare, severe, and debilitating neuromuscular d

Read source
zacks.com

Compared to Estimates, SmartStop (SMA) Q2 Earnings: A Look at Key Metrics

The headline numbers for SmartStop (SMA) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago…

Read source

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ETFs holding SMA

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Real Estate ETF logoVanguard Real Estate ETFVNQ
Market value
70.63M
Weight
0.10%
AUM
73.1B USD
Expense ratio
0.13%
Price / 1D
$98.50-0.10%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
56.31M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
48.43M
Weight
0.06%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
21.43M
Weight
0.02%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
iShares Russell 2000 Value ETF logoiShares Russell 2000 Value ETFIWN
Market value
17.96M
Weight
0.12%
AUM
14.66B USD
Expense ratio
0.24%
Price / 1D
$224.81+0.45%
Schwab U.S. REIT ETF logoSchwab U.S. REIT ETFSCHH
Market value
14.88M
Weight
0.13%
AUM
11.39B USD
Expense ratio
0.07%
Price / 1D
$24.04-0.08%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
10.63M
Weight
0.06%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%
Schwab U.S. Small-Cap ETF logoSchwab U.S. Small-Cap ETFSCHA
Market value
9M
Weight
0.04%
AUM
23.1B USD
Expense ratio
0.03%
Price / 1D
$34.83+0.52%

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