SmartStop Self Storage REIT annual operating margin
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2025
SmartStop Self Storage REIT Operating Margin Growth & History (SMA)
SmartStop Self Storage REIT's operating margin was 21.02% for fiscal 2025.
View full SmartStop Self Storage REIT company overviewSmartStop Self Storage REIT annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 21.02% | −8.19 pp |
| 2024 | 2024-12-31 | 29.21% | −1.11 pp |
| 2023 | 2023-12-31 | 30.31% | −0.66 pp |
| 2022 | 2022-12-31 | 30.98% | +21.19 pp |
| 2021 | 2021-12-31 | 9.78% | +26.83 pp |
| 2020 | 2020-12-31 | −17.05% | −27.63 pp |
| 2019 | 2019-12-31 | 10.58% | −9.51 pp |
| 2018 | 2018-12-31 | 20.09% | +15.39 pp |
| 2017 | 2017-12-31 | 4.70% | +37.71 pp |
| 2016 | 2016-12-31 | −33.01% | −4.66 pp |
| 2015 | 2015-12-31 | −28.35% | +456.63 pp |
| 2014 | 2014-12-31 | −484.99% | — |
SmartStop Self Storage REIT quarterly operating margin
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Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 22.55% | +7.19 pp |
| Q1 2026 | 2026-03-31 | 20.72% | −5.62 pp |
| Q4 2025 | 2025-12-31 | 23.99% | −5.44 pp |
| Q3 2025 | 2025-09-30 | 18.14% | −11.28 pp |
| Q2 2025 | 2025-06-30 | 15.36% | −14.52 pp |
| Q1 2025 | 2025-03-31 | 26.34% | −1.71 pp |
| Q4 2024 | 2024-12-31 | 29.43% | −0.07 pp |
| Q3 2024 | 2024-09-30 | 29.42% | −1.48 pp |
| Q2 2024 | 2024-06-30 | 29.88% | −1.35 pp |
| Q1 2024 | 2024-03-31 | 28.05% | −1.53 pp |
| Q4 2023 | 2023-12-31 | 29.49% | +0.51 pp |
| Q3 2023 | 2023-09-30 | 30.90% | +8.05 pp |
| Q2 2023 | 2023-06-30 | 31.23% | −17.14 pp |
| Q1 2023 | 2023-03-31 | 29.58% | +5.47 pp |
| Q4 2022 | 2022-12-31 | 28.99% | +24.56 pp |
| Q3 2022 | 2022-09-30 | 22.85% | +0.19 pp |
| Q2 2022 | 2022-06-30 | 48.37% | +31.96 pp |
| Q1 2022 | 2022-03-31 | 24.11% | +31.88 pp |
| Q4 2021 | 2021-12-31 | 4.42% | −6.48 pp |
| Q3 2021 | 2021-09-30 | 22.66% | +8.72 pp |
| Q2 2021 | 2021-06-30 | 16.41% | +9.72 pp |
| Q1 2021 | 2021-03-31 | −7.77% | +94.78 pp |
| Q4 2020 | 2020-12-31 | 10.90% | −12.56 pp |
| Q3 2020 | 2020-09-30 | 13.94% | +7.80 pp |
| Q2 2020 | 2020-06-30 | 6.69% | +3.73 pp |
| Q1 2020 | 2020-03-31 | −102.55% | −110.71 pp |
| Q4 2019 | 2019-12-31 | 23.46% | +1.77 pp |
| Q3 2019 | 2019-09-30 | 6.13% | −15.91 pp |
| Q2 2019 | 2019-06-30 | 2.96% | −14.20 pp |
| Q1 2019 | 2019-03-31 | 8.16% | −11.68 pp |
| Q4 2018 | 2018-12-31 | 21.69% | +9.34 pp |
| Q3 2018 | 2018-09-30 | 22.04% | +18.29 pp |
| Q2 2018 | 2018-06-30 | 17.16% | +11.92 pp |
| Q1 2018 | 2018-03-31 | 19.84% | +22.96 pp |
| Q4 2017 | 2017-12-31 | 12.35% | +18.31 pp |
| Q3 2017 | 2017-09-30 | 3.75% | +12.71 pp |
| Q2 2017 | 2017-06-30 | 5.24% | +96.16 pp |
| Q1 2017 | 2017-03-31 | −3.12% | +58.06 pp |
| Q4 2016 | 2016-12-31 | −5.96% | −4.14 pp |
| Q3 2016 | 2016-09-30 | −8.96% | +9.55 pp |
| Q2 2016 | 2016-06-30 | −90.92% | −65.86 pp |
| Q1 2016 | 2016-03-31 | −61.18% | +35.90 pp |
| Q4 2015 | 2015-12-31 | −1.82% | +189.76 pp |
| Q3 2015 | 2015-09-30 | −18.51% | — |
| Q2 2015 | 2015-06-30 | −25.06% | — |
| Q1 2015 | 2015-03-31 | −97.08% | — |
| Q4 2014 | 2014-12-31 | −191.59% | — |
SmartStop Self Storage REIT operating margin trends
Over the last five reported fiscal years, SmartStop Self Storage REIT's operating margin increased from −17.05% to 21.02%, a change of +38.07 percentage points. The latest reported quarter, Q2 2026, shows 22.55%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review SmartStop Self Storage REIT filings at SEC.gov ↗