Smartstop Self Storage REITSMA +2.01%40 Gross Margin % is 57.31% as of Mar. 2026, which is 10% below its 10-year median of 63.93. GuruFocus rates SMA with a GF Score™ of 40/100. The stock has 6 warning signs investors should review. Among 680 REITs companies, Smartstop Self Storage REIT ranks worse than 71.76% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Smartstop Self Storage REIT had a gross margin of 57.31% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Smartstop Self Storage REIT Gross Margin % Related Terms
Smartstop Self Storage REIT Gross Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Industrial subindustry, Smartstop Self Storage REIT's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Smartstop Self Storage REIT Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Smartstop Self Storage REIT's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Smartstop Self Storage REIT's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Smartstop Self Storage REIT (SMA) has a Gross Margin % of 57.31% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Smartstop Self Storage REIT and its competitors. This is 10% below median its historical median of 63.93. Over the past decade, Smartstop Self Storage REIT's Gross Margin % has ranged from 55.87 to 69.17. According to the industry distribution chart, Smartstop Self Storage REIT ranks #488 out of 680 companies in the REITs industry, placing it in the top 71.8%.
Is Smartstop Self Storage REIT's Gross Margin % too high?
Smartstop Self Storage REIT's current Gross Margin % of 57.31% is 10% below median its 10-year median of 63.93. Over the past 10 years, this metric has ranged from a low of 55.87 to a high of 69.17. The REITs industry median Gross Margin % is 69.71. Smartstop Self Storage REIT's value of 57.31% is 17.8% below this industry median. Based on the distribution chart, Smartstop Self Storage REIT ranks #488 out of 680 companies in the REITs industry, which is below the industry midpoint. Overall, Smartstop Self Storage REIT has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Smartstop Self Storage REIT's Gross Margin % compare to IIPR and ILPT?
According to the REITs industry distribution chart, Smartstop Self Storage REIT ranks #488 out of 680 companies for Gross Margin %. This places Smartstop Self Storage REIT in the lower half of its industry. The industry median Gross Margin % is 69.71. Smartstop Self Storage REIT's value of 57.31% is 17.8% below this benchmark. Historically, Smartstop Self Storage REIT's own Gross Margin % has ranged from 55.87 to 69.17 over the past decade. While the company's 10-year median is 63.93 vs. the industry median of 69.71, Smartstop Self Storage REIT has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a REITs company?
The median Gross Margin % among REITs companies is 69.71, based on 680 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Smartstop Self Storage REIT's current Gross Margin % of 57.31% is 17.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Smartstop Self Storage REIT and its competitors. For the REITs industry, the median Gross Margin % is 69.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartstop Self Storage REIT's current Gross Margin % is 57.31%, which is 10% below median its own 10-year median of 63.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartstop Self Storage REIT stock overvalued right now?
Smartstop Self Storage REIT (SMA) has a current Gross Margin % of 57.31%. The current Gross Margin % is 57.31%, which is 10% below median its 10-year median of 63.93 and 17.8% below the REITs industry median of 69.71. Smartstop Self Storage REIT's overall GF Score™ is 40/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Smartstop Self Storage REIT (SMA), the current Gross Margin % is 57.31% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Smartstop Self Storage REIT Inc operates as a real estate investment trust. The trust owns, acquires, and operates self-storage properties. It operates in two segments, namely, self-storage operations, which generate key revenue, and the managed REIT platform business. The investment objective is to focus on investing in self-storage facilities and related self-storage real estate investments that are expected to support sustainable stockholder distributions over the long term.
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