SmartStop Self Storage REIT, Inc. (SMA)

SMA Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-1.74	-5.89	11.65	21.67	-19.56
Depreciation & Amortization	73.2	56.11	60.23	64.62	53.37
Stock-Based Compensation	16.62	5.26	5.26	3.97	2.91
Other Adjustments	8.72	10.43	0.75	0.55	24.16
Change in Receivables	-5.14	-10.05	-2.75	0.37	-0.3
Changes in Accounts Payable	-5.64	7.86	-3.25	3.29	0.1
Changes in Other Operating Activities	0.6	-0.05	0.01	-6.85	-1.9
Operating Cash Flow	84.97	64.03	73.19	87.91	58.76
Operating Cash Flow Growth	32.71%	-12.52%	-16.74%	49.59%	119.52%
Capital Expenditures	-318.28	-161.65	-26.84	-84.31	-75.21
Sale of Property, Plant & Equipment	7.87	-	-	0.23	0.26
Purchases of Investments	-131.26	-45.11	-78.47	-97.53	-0.2
Proceeds from Sale of Investments	66.94	23.84	95.82	42	7.3
Payments for Business Acquisitions	-8.06	-	-	-65.54	-46.49
Other Investing Activities	5.18	2.36	4.39	-	-5.28
Investing Cash Flow	-380.76	-180.94	0.26	-205.15	-120.21
Short-Term Debt Issued	320	669.95	135	318	246.51
Short-Term Debt Repaid	-875.01	-623.81	-184.51	-183	-150
Net Short-Term Debt Issued (Repaid)	-555.01	46.14	-49.51	135	96.51
Long-Term Debt Issued	586.26	175.44	80.15	150	271.68
Long-Term Debt Repaid	-281.78	-23.52	-14.66	-88.75	-143.49
Net Long-Term Debt Issued (Repaid)	304.48	151.92	65.49	61.25	128.19
Issuance of Common Stock	931.5	-	-	-	-
Repurchase of Common Stock	-0.29	-33.85	-18.99	-1.7	-4.62
Net Common Stock Issued (Repurchased)	931.21	-33.85	-18.99	-1.7	-4.62
Repurchase of Preferred Stock	-200	-	-	-	-
Net Preferred Stock Issued (Repurchased)	-200	-	-	-	-
Common Dividends Paid	-7.11	-8.61	-8.27	-49.39	-26.16
Preferred Share Dividends Paid	-6.97	-12.51	-12.5	-12.5	-12.28
Other Financing Activities	-141.39	-48.28	-42.32	-12.51	-10.96
Financing Cash Flow	325.23	94.82	-66.1	120.07	25.67
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.63	-2.03	0.04	-1.47	-0.2
Net Cash Flow	30.07	-24.13	7.39	1.35	-35.97
Free Cash Flow	-233.31	-97.62	46.36	3.6	-16.45
Free Cash Flow Growth	-	-	1188.71%	-	-
FCF Margin	-82.99%	-41.19%	19.90%	1.69%	-9.75%
Free Cash Flow Per Share	-4.93	-4.04	1.92	0.17	-0.92
Levered Free Cash Flow	-509.4	81.95	43.38	179.32	171.64
Unlevered Free Cash Flow	-138.77	58.18	88.43	41.74	-5.57

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q