12 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 17.8% per year over the past 5 years.
Operating margin has expanded, at 21.0% in the latest year.
Financial health
Operating income covered interest expense 1.0× in the latest year, up from -0.6× 5 years ago.
Shareholder returns
Dividends have been paid for 11 consecutive years.
The dividend has grown 31.3% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$281M
-$2M
61.3%
21.0%
—
—
$54M
2024
$237M
-$6M
65.7%
29.2%
—
—
$23M
2023
$233M
$12M
68.0%
30.3%
—
—
$45M
2022
$213M
$22M
69.2%
31.0%
—
—
$39M
2021
$169M
-$20M
0.0%
9.8%
—
—
$37M
2020
$124M
—
0.0%
-17.0%
—
—
$73M
2019
$110M
—
0.0%
10.6%
—
—
$62M
2018
$80M
—
68.6%
20.1%
—
—
$10M
2017
$76M
—
67.8%
4.7%
—
—
$7M
2016
$45M
—
64.6%
-33.0%
—
$321M
$15M
2014
—
-$2M
—
—
—
—
$7M
2013
—
$0
—
—
—
—
$201000
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$78M
$10M
57.3%
20.7%
—
$1.1B
$38M
Dec '25
$78M
$3M
61.2%
24.0%
—
—
$54M
Sep '25
$70M
$5M
60.9%
18.1%
—
—
$48M
Jun '25
$67M
—
59.3%
15.4%
—
—
$38M
Mar '25
$65M
-$8M
64.1%
26.3%
—
—
$35M
Dec '24
$61M
-$4M
66.3%
29.4%
—
—
$23M
Sep '24
$60M
-$6M
64.8%
29.4%
—
—
$37M
Jun '24
$59M
—
66.4%
29.9%
—
—
$35M
Mar '24
$57M
—
65.1%
28.0%
—
—
$39M
Dec '23
$58M
—
0.0%
29.5%
—
—
$45M
Sep '23
$59M
—
0.0%
30.9%
—
—
$34M
Jun '23
$60M
—
0.0%
31.2%
—
—
$34M
Mar '23
$57M
—
0.0%
29.6%
—
—
$26M
Dec '22
$56M
—
0.0%
29.0%
—
—
$39M
Sep '22
$56M
—
0.0%
22.8%
—
—
$41M
Jun '22
$52M
—
0.0%
48.4%
—
—
$46M
Mar '22
$48M
—
0.0%
24.1%
—
—
$36M
Dec '21
$47M
—
0.0%
4.4%
—
—
$37M
Sep '21
$45M
—
0.0%
22.7%
—
—
$29M
Jun '21
$42M
—
0.0%
16.4%
—
—
$27M
Valuation over time
How the market has priced SMA against its own fundamentals since 2025-04 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has fallen from 8.2× (Apr '25) to 6.4× (Jun '26).
The dividend yield has risen from 1.9% (Apr '25) to 4.1% (Jun '26).
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is SMA growing its revenue and profit?
Over the past 5 years, Smartstop Self Storage Reit, Inc.'s revenue has grown 17.8% per year. These are computed facts, not advice.
How much debt does SMA have?
As of FY2025, Smartstop Self Storage Reit, Inc. reported — of total debt against $54M of cash; operating income covered interest expense 1.0×.
What is SMA's profit margin?
In FY2025, gross margin was 61.3%, operating margin 21.0%, and net margin -0.6%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.