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
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
2025
$281M
-$2M
61.3%
21.0%
-0.1%
-0.1%
—
—
$54M
2024
$237M
-$6M
65.7%
29.2%
-1.8%
-0.3%
—
—
$23M
2023
$233M
$12M
68.0%
30.3%
2.9%
0.6%
—
—
$45M
2022
$213M
$22M
69.2%
31.0%
4.6%
1.1%
—
—
$39M
2021
$169M
-$20M
0.0%
9.8%
-5.7%
-1.2%
—
—
$37M
2020
$124M
—
0.0%
-17.0%
0.0%
0.0%
—
—
$73M
2019
$110M
—
0.0%
10.6%
0.0%
0.0%
—
—
$62M
2018
$80M
—
68.6%
20.1%
0.0%
0.0%
—
—
$10M
2017
$76M
—
67.8%
4.7%
0.0%
0.0%
—
—
$7M
2016
$45M
—
64.6%
-33.0%
0.0%
0.0%
—
$321M
$15M
2014
—
-$2M
—
—
-21.2%
-6.8%
—
—
$7M
2013
—
$0
—
—
0.0%
0.0%
—
—
$201000
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
Jun '26
$79M
$11M
60.1%
22.5%
1.0%
0.5%
—
$1.1B
$38M
Mar '26
$78M
$10M
57.3%
20.7%
0.8%
0.4%
—
$1.1B
$38M
Dec '25
$78M
$3M
61.2%
24.0%
0.2%
0.1%
—
—
$54M
Sep '25
$70M
$5M
60.9%
18.1%
0.4%
0.2%
—
—
$48M
Jun '25
$67M
-$8M
59.3%
15.4%
-0.7%
-0.4%
—
—
$38M
Mar '25
$65M
-$8M
64.1%
26.3%
-2.8%
-0.4%
—
—
$35M
Dec '24
$61M
-$4M
66.3%
29.4%
-1.1%
-0.2%
—
—
$23M
Sep '24
$60M
-$6M
64.8%
29.4%
-1.8%
-0.3%
—
—
$37M
Jun '24
$59M
—
66.4%
29.9%
0.0%
0.0%
—
—
$35M
Mar '24
$57M
—
65.1%
28.0%
0.0%
0.0%
—
—
$39M
Dec '23
$58M
—
0.0%
29.5%
0.0%
0.0%
—
—
$45M
Sep '23
$59M
—
0.0%
30.9%
0.0%
0.0%
—
—
$34M
Jun '23
$60M
—
0.0%
31.2%
0.0%
0.0%
—
—
$34M
Mar '23
$57M
—
0.0%
29.6%
0.0%
0.0%
—
—
$26M
Dec '22
$56M
—
0.0%
29.0%
0.0%
0.0%
—
—
$39M
Sep '22
$56M
—
0.0%
22.8%
0.0%
0.0%
—
—
$41M
Jun '22
$52M
—
0.0%
48.4%
0.0%
0.0%
—
—
$46M
Mar '22
$48M
—
0.0%
24.1%
0.0%
0.0%
—
—
$36M
Dec '21
$47M
—
0.0%
4.4%
0.0%
0.0%
—
—
$37M
Sep '21
$45M
—
0.0%
22.7%
0.0%
0.0%
—
—
$29M
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 7.5× (Nov '26).
The dividend yield has risen from 1.9% (Apr '25) to 3.5% (Nov '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%.
What is SMA's P/E ratio?
Smartstop Self Storage Reit, Inc.'s P/E (TTM) is 73.23 as of the 2026-11-04 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the SMA stock page. These are computed facts, not advice.
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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.