SmartStop Self Storage REIT profit margin SMA
Gross, operating and net profit as a share of revenue over the last twelve months, from 2015.
- Net margin, 12 months
- 9.4%
- Net margin on a year earlier
- +14.5 pts
- Peer median
- 13.5%
Over the twelve months to Jun 30, 2026, SmartStop Self Storage REIT kept 9.4% of its revenue as net profit and a gross margin of 59.8%.
Five years earlier its net margin was −14.2%.
The median for 10 specialty REITs of a similar size is 13.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Gross margin |
|---|---|---|
| FY2025 | −0.6% | 61.3% |
| FY2024 | −2.4% | 65.7% |
| FY2023 | 4.2% | 68.0% |
| FY2022 | 8.9% | 69.2% |
| FY2021 | −11.8% | 68.5% |
| FY2020 | −35.7% | 62.2% |
| FY2019 | −21.1% | 55.9% |
| FY2018 | −4.6% | 62.2% |
| FY2017 | −19.5% | 67.8% |
| FY2016 | −57.4% | 64.8% |
| FY2015 | −49.4% | 62.3% |
| FY2014 | n/a | 64.0% |
| FY2013 | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q2 FY26 | 9.4% | +14.5 pts | |
| Q1 FY26 | 4.4% | +8.1 pts | |
| Q4 FY25 | −0.6% | +1.8 pts | |
| Q3 FY25 | −1.8% | −0.3 pts | |
| Q2 FY25 | −5.1% | −6.1 pts | |
| Q1 FY25 | −3.7% | −6.5 pts | |
| Q4 FY24 | −2.4% | −6.6 pts | |
| Q3 FY24 | −1.4% | −5.5 pts | |
| Q2 FY24 | 1.0% | −2.9 pts | |
| Q1 FY24 | 2.8% | −5.2 pts | |
| Q4 FY23 | 4.2% | −4.7 pts | |
| Q3 FY23 | 4.1% | −1.2 pts |
Against its peers
Companies in REIT - Specialty nearest SmartStop Self Storage REIT's size, closest first, today.
| Company | Profit margin |
|---|---|
| SMASmartStop Self Storage REIT | 9.4% |
| BXMTBlackstone Mortgage Trust | n/m |
| NTSTNETSTREIT | 9.2% |
| IVTInvenTrust Properties | 4.8% |
| LTCLTC Properties | 38.9% |
| FCPTFour Corners Property Trust | 38.7% |
| CBLCBL & Associates Properties | 37.0% |
| AKRAcadia Realty Trust | n/m |
| DXDynex Capital | n/m |
| DRHDiamondRock Hospitality | 13.5% |
| UMHUMH Properties | 11.5% |
| Peer median | 13.5% |
Where SmartStop Self Storage REIT ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on SmartStop Self Storage REIT
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.