Company research
SmartStop Self Storage REIT, Inc.
CIK 1585389Updated Sep 26, 2026
SecuritySMA · NYSE · equity
Historical securities (1)
STSFF · OTC · equity · closed Jun 30, 2025Name history
Strategic Storage Trust II, Inc. · through Jun 27, 2019
SMA price & chart
Loading TradingView…
NYSE:SMA on TradingView ↗About the company
We are a premier owner and operator of self storage facilities in the United States and Canada. We are internally managed and have built a fully integrated, technology-enabled, data-driven, and scalable platform that is positioned for growth. We operate an institutional-quality portfolio of self storage properties that are located primarily within top metropolitan statistical areas, or MSAs, throughout the United States and within top census metropolitan areas, or CMAs, in Canada, including the Greater Toronto Area, or GTA. According to the Inside Self Storage Top-Operators List for 2024, we are the tenth largest owner and operator of self storage properties in the United States and according to Colliers, the largest in the GTA based on rentable square footage. As of December 31, 2024, we owned or managed 208 operating stores across 22 states, the District of Columbia and three provinces in Canada, comprising approximately 148,275 units and 16.7 million net rentable square feet.
In the news
NYSE Content Advisory: Pre-Market Update and Lynn Martin announced as a jury president for Money20/20's global fintech awards USA - English APAC - English News provided by New York Stock Exchange Apr 02, 2025, 08:55 ET Share this article Share to X Share this article Share to X NEW YORK , April 2, 2 ↗
Recent filings
Regulation FD Disclosure
Items 7.01
Other Events
Items 8.01
4 filing
Regulation FD Disclosure
Items 7.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Show 5 more recent filings
10-Q filing
Other Events
Items 8.01
Results of Operations and Financial Condition
Items 2.02, 9.01
SCHEDULE 13G filing
Regulation FD Disclosure
Items 7.01, 9.01
Financials
FY 2025 · USDSource
Source
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,432,172,000Source | 2,042,067,000Source | 1,895,640,725Source | 1,947,217,387Source |
| GoodwillUSD | 69,974,000Source | 53,643,000Source | 53,643,331Source | 53,643,331Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 54,224,000Source | 23,112,000Source | 45,079,371Source | 39,486,588Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 1,152,249,000Source | 1,371,121,000Source | 1,132,144,511Source | 1,112,463,500Source |
| Stockholders’ equity: | ||||
| Retained Earnings (Accumulated Deficit)USD | -194,407,000Source | -185,649,000Source | -167,270,293Source | -164,524,595Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 733,000Source | -1,708,000Source | 847,183Source | 3,654,682Source |
| Stockholders' Equity Attributable to ParentUSD | 1,180,410,000Source | 325,698,000Source | 404,339,764Source | 467,359,462Source |
| Additional Paid in Capital, Common StockUSD | 1,837,194,000Source | 895,118,000Source | 894,856,554Source | 894,283,954Source |
| Liabilities and EquityUSD | 2,432,172,000Source | 2,042,067,000Source | 1,895,640,725Source | 1,947,217,387Source |
| Deferred Income Tax Liabilities, NetUSD | 6,559,000Source | 5,954,000Source | 6,193,675Source | 6,205,620Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 99,513,000Source | 86,850,000Source | 91,523,148Source | 94,460,245Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 3,377,000Source | 1,644,000Source | 1,744,010Source | 6,205,620Source |
| Dividends PayableUSD | 8,796,000Source | 9,257,000Source | 9,155,808Source | 9,324,453Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -1,737,000Source | -5,887,000Source | 11,646,760Source | 21,669,452Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 16,623,000Source | 5,258,000Source | 5,258,246Source | 3,968,494Source |
| Deferred Income Tax Expense (Benefit)USD | 1,046,000Source | 845,000Source | -3,300,688Source | -1,073,318Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 84,969,000Source | 64,027,000Source | 73,191,384Source | 87,909,977Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -380,755,000Source | -180,938,000Source | 261,312Source | -205,151,158Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 325,227,000Source | 94,816,000Source | -66,098,584Source | 120,067,251Source |
| Payments of Ordinary Dividends, Common StockUSD | 74,832,000Source | 37,377,000Source | 40,597,803Source | 49,391,782Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 30,067,000Source | -24,126,000Source | 7,388,785Source | 1,352,030Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 56,453,000Source | 66,007,000Source | 55,647,072Source | 36,523,574Source |
| Income Taxes Paid, NetUSD | 470,000Source | — | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 626,000Source | -2,031,000Source | 34,673Source | -1,474,040Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 3,904,000Source | 4,115,000Source | 2,727,501Source | 2,594,163Source |
| Amortization of Intangible AssetsUSD | 9,974,000Source | 935,000Source | 6,593,853Source | 15,200,854Source |
| DepreciationUSD | 63,226,000Source | 55,175,000Source | 53,636,353Source | 49,417,679Source |
| Dividends PayableUSD | 8,796,000Source | 9,257,000Source | 9,155,808Source | 9,324,453Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | 2,700,000Source | -3,400,000Source | 200,000Source | — |
| Gain (Loss) on Disposition of Real Estate, Discontinued OperationsUSD | 284,000Source | — | — | — |
| Gain (Loss) on Sale of PropertiesUSD | 284,000Source | — | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | -2,533,000Source | -471,000Source | 0Source | -2,393,475Source |
| Gains (Losses) on Sales of Investment Real EstateUSD | 284,000Source | — | 0Source | 0Source |
| General and Administrative ExpenseUSD | 38,211,000Source | 29,948,000Source | 27,451,533Source | 28,253,905Source |
| GoodwillUSD | 69,974,000Source | 53,643,000Source | 53,643,331Source | 53,643,331Source |
| Goodwill, Impairment LossUSD | — | — | — | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | — | -1,690,205Source |
| Income Tax Expense (Benefit)USD | 1,901,000Source | 1,484,000Source | -2,595,856Source | -554,785Source |
| Net Income (Loss) Attributable to ParentUSD | -8,758,000Source | — | — | — |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -190,000Source | -266,000Source | 1,892,458Source | 2,847,572Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -8,758,000Source | -18,379,000Source | -2,745,698Source | 6,321,880Source |
| Operating Costs and ExpensesUSD | 0Source | 661Source | 1,479,254Source | — |
| Other Nonoperating Income (Expense)USD | -21,000Source | -1,282,000Source | 3,128,867Source | -848,805Source |
| Payments of Financing CostsUSD | 3,033,000Source | 10,076,000Source | 870,603Source | 2,081,854Source |
| Proceeds from Noncontrolling InterestsUSD | — | — | 0Source | 0Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 281,141,000Source | 237,006,000Source | 232,991,744Source | 212,643,094Source |
| Operating Income (Loss)USD | 59,096,000Source | 69,222,000Source | 70,624,936Source | 65,868,858Source |
| Other Nonoperating Income (Expense)USD | -21,000Source | -1,282,000Source | 3,128,867Source | -848,805Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 164,000Source | -4,403,000Source | 9,050,904Source | — |
| Income Tax Expense (Benefit)USD | 1,901,000Source | 1,484,000Source | -2,595,856Source | -554,785Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -190,000Source | -266,000Source | 1,892,458Source | 2,847,572Source |
| Net Income (Loss) Attributable to ParentUSD | -8,758,000Source | — | — | — |
| Earnings Per Share, BasicUSD per share | — | -0.2Source | -0.03Source | 0.07Source |
| Earnings Per Share, DilutedUSD per share | — | -0.2Source | -0.03Source | 0.07Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | — | 91,939,172Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | — | 92,056,438Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 9,974,000Source | 935,000Source | 6,593,853Source | 15,200,854Source |
| Business Combination, Acquisition Related CostsUSD | 2,030,000Source | 413,000Source | 192,358Source | 888,009Source |
| Costs and ExpensesUSD | 222,329,000Source | 167,784,000Source | 162,366,808Source | 162,875,473Source |
| Current Income Tax Expense (Benefit)USD | 855,000Source | 639,000Source | 704,832Source | 518,533Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 73,200,000Source | 56,110,000Source | 60,230,206Source | 64,618,533Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | 2,700,000Source | -3,400,000Source | 200,000Source | — |
| Gains (Losses) on Sales of Investment Real EstateUSD | 284,000Source | — | 0Source | 0Source |
| General and Administrative ExpenseUSD | 38,211,000Source | 29,948,000Source | 27,451,533Source | 28,253,905Source |
| Goodwill, Impairment LossUSD | — | — | — | 0Source |
| Gross ProfitUSD | 172,474,000Source | 155,693,000Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 697,000Source | -3,917,000Source | 6,993,316Source | — |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | — | -1,690,205Source |
| Interest ExpenseUSD | 59,895,000Source | 72,325,000Source | 61,804,621Source | 41,511,911Source |
| Interest Income, OperatingUSD | 4,368,000Source | 3,247,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -8,758,000Source | -18,379,000Source | -2,745,698Source | 6,321,880Source |
| Noncontrolling Interest in Net Income (Loss) Other Noncontrolling Interests, RedeemableUSD | — | 507,000Source | 578,892Source | — |
| Operating Costs and ExpensesUSD | 0Source | 661Source | 1,479,254Source | — |
| Other Cost and Expense, OperatingUSD | 113,662,000Source | 86,471,000Source | — | — |
| Preferred Stock Dividends, Income Statement ImpactUSD | 3,567,000Source | 12,758,000Source | 12,500,000Source | 12,500,000Source |
| Undistributed Earnings (Loss) Allocated to Participating Securities, BasicUSD | 628,000Source | 451,000Source | 368,854Source | -285,796Source |
Offerings
Registration 333-264449
- Gross proceeds
- 810000000.0
- Net proceeds
- 761400000.0
- Deal price
- 30.0
- Shares
- 27000000
- Offering price
- $30.00
- Ticker
- SMA
Filing attachments
ck0001585389-ex99_1.htm · 8-K · 2026-08-18
EX-99.1 2 ck0001585389-ex99_1.htm EX-99.1 EX-99.1 SmartStop Closes Canadian Maple Bond Offering for CAD $200 Million LADERA RANCH, CALIF. - August 18, 2026 - 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 United States and Canada, announced that it has closed a CAD $200 million aggregate principal amount of Series C Senior Unsecured Notes, due February 18, 203…
Read attachment ↗ck0001585389-ex99_1.htm · 8-K · 2026-08-13
EX-99.1 2 ck0001585389-ex99_1.htm EX-99.1 Investor Presentation August 2026 Location: 401 Bellevue Rd., Newark, DE Disclaimer & Forward-Looking Disclosure Certain of the matters discussed in this investor presentation, other than historical facts, constitute forward-looking statements within the meaning of the federal securities laws, and we intend for all such forward-looking statements to be covered by the applicable safe harbor provisions for forward-looking statements contained in such …
Read attachment ↗ck0001585389-ex99_1.htm · 8-K · 2026-08-05
EX-99.1 2 ck0001585389-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 August 5, 2026 SmartStop Self Storage REIT, Inc. Reports Second Quarter 2026 Results LADERA RANCH, CA - August 5, 2026 - SmartStop Self Storage REIT, Inc. (“SmartStop” or “the Company”), a self-managed and fully-integrated self storage company, announced its overall results for the three and six months ended June 30, 2026. “We posted a strong quarter of growth, highlighted by 17.6% year over year increase in our Funds from O…
Read attachment ↗ck0001585389-ex99_1.htm · 8-K · 2026-07-21
EX-99.1 2 ck0001585389-ex99_1.htm EX-99.1 EX-99.1 A LETTER TO OUR SHAREHOLDERS When I started in self-storage, the industry advertised with double-truck ads in the Yellow Pages and revenue management meant a simple Excel spreadsheet. There was no dynamic pricing, no significant data analytics, no meaningful institutional capital. Self-storage was an alternative asset class that serious institutions quietly shunned. Today, it is a core mainstream real estate sector - one of the most resili…
Read attachment ↗ck0001585389-ex99_1.htm · 8-K · 2026-05-06
EX-99.1 2 ck0001585389-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 May 6, 2026 SmartStop Self Storage REIT, Inc. Reports First Quarter 2026 Results LADERA RANCH, CA - May 6, 2026 - SmartStop Self Storage REIT, Inc. (“SmartStop” or “the Company”), a self-managed and fully-integrated self storage company, announced its overall results for the three months ended March 31, 2026. “We posted a strong quarter of growth, highlighted by same-store revenue growth of 1.5% and sector-leading same-store…
Read attachment ↗ck0001585389-ex99_1.htm · 8-K · 2026-03-30
EX-99.1 2 ck0001585389-ex99_1.htm EX-99.1 Investor Presentation March 2026 Location: 1071 Marshall Farms Rd, Ocoee, FL Certain of the matters discussed in this investor presentation, other than historical facts, may be considered forward-looking statements within the meaning of the federal securities laws, and we intend for all such forward-looking statements to be covered by the applicable safe harbor provisions for forward-looking statements contained in such federal securities laws. Such…
Read attachment ↗