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Smartstop Self Storage REIT (Smartstop Self Storage REIT) Pretax Margin % : -2.27% (As of Mar. 2024)


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What is Smartstop Self Storage REIT Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Smartstop Self Storage REIT's Pre-Tax Income for the three months ended in Mar. 2024 was $-1.3 Mil. Smartstop Self Storage REIT's Revenue for the three months ended in Mar. 2024 was $57.0 Mil. Therefore, Smartstop Self Storage REIT's pretax margin for the quarter that ended in Mar. 2024 was -2.27%.

The historical rank and industry rank for Smartstop Self Storage REIT's Pretax Margin % or its related term are showing as below:

STSFF' s Pretax Margin % Range Over the Past 10 Years
Min: -45.99   Med: -8.65   Max: 9.93
Current: 2.34


STSFF's Pretax Margin % is ranked worse than
70.81% of 788 companies
in the REITs industry
Industry Median: 33.045 vs STSFF: 2.34

Smartstop Self Storage REIT Pretax Margin % Historical Data

The historical data trend for Smartstop Self Storage REIT's Pretax Margin % can be seen below:

* 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.

* Premium members only.

Smartstop Self Storage REIT Pretax Margin % Chart

Smartstop Self Storage REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -22.91 -45.99 -12.67 9.93 3.88

Smartstop Self Storage REIT Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.04 6.96 3.29 1.16 -2.27

Competitive Comparison of Smartstop Self Storage REIT's Pretax Margin %

For the REIT - Industrial subindustry, Smartstop Self Storage REIT's Pretax Margin %, along with its competitors' market caps and Pretax 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's Pretax Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Smartstop Self Storage REIT's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Smartstop Self Storage REIT's Pretax Margin % falls into.



Smartstop Self Storage REIT Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Smartstop Self Storage REIT's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=9.051/232.992
=3.88 %

Smartstop Self Storage REIT's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-1.297/57.042
=-2.27 %

* 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.


Smartstop Self Storage REIT  (OTCPK:STSFF) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Smartstop Self Storage REIT Pretax Margin % Related Terms

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Smartstop Self Storage REIT (Smartstop Self Storage REIT) Business Description

Traded in Other Exchanges
N/A
Address
10 Terrace Road, Ladera Ranch, CA, USA, 92694
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 and 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. The rental income was concentrated in Florida, California, and the Greater Toronto Area of Canada.
Executives
Wayne Johnson officer: President and CIO 10 TERRACE ROAD, LADERA RANCH CA 92694
Michael Mcclure officer: Chief Executive Officer 10 TERRACE ROAD, LADERA RANCH CA 92694
Paula M. Mathews director 10 TERRACE ROAD, LADERA RANCH CA 92694
Joseph H Robinson officer: Chief Operations Officer 10 TERRACE ROAD, LADERA RANCH CA 92694
Harold Perry director 10 TERRACE ROAD, LADERA RANCH CA 92694
James L. Berg officer: Former Secretary 10 TERRACE ROAD, LADERA RANCH CA 92694
Michael O Terjung officer: Chief Accounting Officer 10 TERRACE ROAD, LADERA RANCH CA 92694
Gerald Valle officer: SVP, Self-Storage Operations 10 TERRACE ROAD, LADERA RANCH CA 92694
James R. Barry officer: CFO and Treasurer 10 TERRACE ROAD, LADERA RANCH CA 92694
Nicholas Look officer: General Counsel and Secretary 10 TERRACE ROAD, LADERA RANCH CA 92694
David J Mueller director 10 TERRACE ROAD, LADERA RANCH CA 92694
Matt F Lopez officer: Chief Financial Officer 10 TERRACE ROAD, LADERA RANCH CA 92694
William H Brownfield director 111 CORPORATE DRIVE, SUITE 120, LADERA RANCH CA 92694
Timothy S. Morris director 10 TERRACE ROAD, LADERA RANCH CA 92694
H. Michael Schwartz director, officer: Chairman, CEO and President 10 TERRACE ROAD, LADERA RANCH CA 92694

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