Company Analysis

SmartStop Self Storage REIT, Inc. (SMA)

NYSE: SMA · Real Estate Investment Trusts · Ladera Ranch, CA · filing with the SEC since 2013
Grade4.8
◀ Past 5.1● Present 4.5▶ Future 4.9
1 est.

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 27, 2026Mar 12, 2025Mar 18, 2024Mar 3, 2023Mar 23, 2022Mar 26, 2021Mar 27, 2020Mar 22, 2019Mar 28, 2018Mar 31, 2017
Revenue281,141,000237,006,000232,992,000r212,643,000r168,764,571124,024,363109,528,54980,412,25776,108,90645,169,831
For lenders
Interest and dividend income4,368,0003,247,0003,360,0001,838,000······
Cost of revenue·······25,228,70424,487,85415,976,950
Gross profit172,474,000155,693,000158,500,000147,093,000······
General and administrative38,211,00029,948,00027,452,000r28,254,000r23,265,19616,471,19910,461,4534,848,4473,457,9072,860,653
Total costs and expenses222,329,000167,784,000162,367,000r162,875,000r152,435,452145,164,573101,885,23364,260,81472,533,79560,341,649
Operating income59,096,00069,222,00070,625,000r65,869,000r16,507,750-21,140,21011,588,01216,151,4433,575,111-14,910,503
Interest expense59,895,00072,325,00061,805,000r41,512,000r33,383,604r36,053,312r37,563,24718,002,27416,356,5657,445,230
Share of profit of equity-method investments···-1,690,205-1,050,25000···
Other income (expense), net-21,000-1,282,000-231,000r-998,000r-937,631r160,461r-624,958-701,203-367,385-286,438
Income before income taxes164,000-4,403,0009,051,000r21,114,000r-21,375,993·····
Income tax expense1,901,0001,484,000-2,596,000r-555,000r-1,811,275-5,826,258····
Net income including non-controlling interests-1,737,000-5,887,00011,647,000r21,669,000r-19,564,718-51,206,803-25,095,538-3,720,730-14,986,290-26,103,609
Net income to non-controlling interests-190,000-266,0001,893,000r2,847,000r-2,663,123-6,901,931-2,010,959-22,353-122,225-13,224
Net income-8,758,000-18,379,000-2,746,000·······
Preferred dividends3,567,00012,758,00012,500,00012,500,00012,500,00010,049,522··00
Net income to common shareholders-8,758,000-18,379,000-2,746,000r6,322,000r-29,401,595-54,354,394-24,750,333-3,698,377-14,864,065-26,090,385
Earnings per share, basic·-0.20-0.030.07-0.37-0.91····
Earnings per share, diluted·-0.20-0.030.07-0.37-0.91····
Weighted average shares, basic···91,939,17279,438,37459,616,407····
Weighted average shares, diluted···92,056,43879,438,37459,616,407····
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues
Interest and dividend income what its loans and securities earnedus-gaap:InterestIncomeOperating
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpense
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton SMA · research, not advice