SMA (Smartstop Self Storage REIT) ROE %: 3.26% (As of Mar. 2026)


SMA Smartstop Self Storage REIT Inc SMA
40 GF Score
Price $33.44
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What is Smartstop Self Storage REIT ROE %?

Smartstop Self Storage REIT SMA +2.01% 40 ROE % is 3.26% as of Mar. 2026. GuruFocus rates SMA with a GF Score™ of 40/100. The stock has 6 warning signs investors should review. Among 933 REITs companies, Smartstop Self Storage REIT ranks worse than 76.1% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Smartstop Self Storage REIT's annualized net income for the quarter that ended in Mar. 2026 was $38.3 Mil. Smartstop Self Storage REIT's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $1,174.2 Mil. Therefore, Smartstop Self Storage REIT's annualized ROE % for the quarter that ended in Mar. 2026 was 3.26%.

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

SMA' s ROE % Range Over the Past 10 Years
Min: -9.84   Med: -0.9   Max: 2.79
Current: 1.22

During the past 8 years, Smartstop Self Storage REIT's highest ROE % was 2.79%. The lowest was -9.84%. And the median was -0.90%.

SMA's ROE % is ranked worse than
76.1% of 933 companies
in the REITs industry
Industry Median: 6.15 vs SMA: 1.22

Smartstop Self Storage REIT  (NYSE:SMA) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=38.304/1174.151
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(38.304 / 313.24)*(313.24 / 2426.7875)*(2426.7875 / 1174.151)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.23 %*0.1291*2.0668
=ROA %*Equity Multiplier
=1.58 %*2.0668
=3.26 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=38.304/1174.151
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (38.304 / 42.188) * (42.188 / 62.856) * (62.856 / 313.24) * (313.24 / 2426.7875) * (2426.7875 / 1174.151)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9079 * 0.6712 * 20.07 % * 0.1291 * 2.0668
=3.26 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Smartstop Self Storage REIT ROE % Related Terms


Smartstop Self Storage REIT ROE % Historical Data

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The historical data trend for Smartstop Self Storage REIT's ROE % 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.

Smartstop Self Storage REIT ROE % Chart

Smartstop Self Storage REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial -3.23 2.79 1.38 -0.90 -0.18

Smartstop Self Storage REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 -3.45 -2.07 1.73 0.93 3.26

SMA vs IIPR, ILPT, LXP: ROE % Comparison

For the REIT - Industrial subindustry, Smartstop Self Storage REIT's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs REITs Industry

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

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


SMA
40GF Score
Smartstop Self Storage REIT Inc SMA
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Smartstop Self Storage REIT ROE % Calculation

Smartstop Self Storage REIT's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=-1.547/( (584.096+1180.41)/ 2 )
=-1.547/882.253
=-0.18 %

Smartstop Self Storage REIT's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=38.304/( (1180.41+1167.892)/ 2 )
=38.304/1174.151
=3.26 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 3.26% mean?
Smartstop Self Storage REIT (SMA) has a ROE % of 3.26% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Smartstop Self Storage REIT and its competitors. According to the industry distribution chart, Smartstop Self Storage REIT ranks #710 out of 933 companies in the REITs industry, placing it in the top 76.1%.
Is Smartstop Self Storage REIT's ROE % too high?
Smartstop Self Storage REIT's current ROE % is 3.26%. The REITs industry median ROE % is 6.15. Smartstop Self Storage REIT's value of 3.26% is 47% below this industry median. Based on the distribution chart, Smartstop Self Storage REIT ranks #710 out of 933 companies in the REITs industry, which is in the bottom quartile relative to peers. 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 ROE % compare to IIPR and ILPT?
According to the REITs industry distribution chart, Smartstop Self Storage REIT ranks #710 out of 933 companies for ROE %. This places Smartstop Self Storage REIT in the lower half of its industry. The industry median ROE % is 6.15. Smartstop Self Storage REIT's value of 3.26% is 47% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a REITs company?
The median ROE % among REITs companies is 6.15, based on 933 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Smartstop Self Storage REIT's current ROE % of 3.26% is 47% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Smartstop Self Storage REIT and its competitors. For the REITs industry, the median ROE % is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartstop Self Storage REIT's current ROE % is 3.26%. 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 ROE % of 3.26%. The current ROE % is 3.26% and 47% below the REITs industry median of 6.15. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Smartstop Self Storage REIT (SMA), the current ROE % is 3.26% 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 Business Description

Industry Real EstateREITs
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, 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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