The Tip Desk

SmartStop Self Storage REIT, Inc.

Company Stats

Market Cap
$1.8B
as of Sep 30, 2026
Enterprise Value
$2.8B
Shares Outstanding
55.4M
Free Float
88.8%

Income Statement

Revenue
$281.1M
Operating Income
$59.1M
Net Income
-$8.8M
EBITDA
$122.3M

Balance Sheet

Cash & Equivalents
$54.2M
Total Debt
$1.1B
Net Debt
$1.1B
Net Debt / EBITDA
8.59x
EV / EBITDA
23.16x
Net Debt / EBIT
17.77x

Returns & Capital

Dividends Paid
$74.8M
Dividend Yield
4.2%

Cash Flow by Year

YearRevenueFCFMargin
FY2025$281.1M——
FY2024$237.0M——
FY2023$233.0M——
FY2022$212.6M——

Annual filing data through FY ended December 31, 2025; shares and float as of October 12, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage