SmartStop Self Storage REIT (SMA) Cash Flow: Operating & Free Cash Flow

SmartStop Self Storage REIT Cash Flow Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Cash flow statement showing operating, investing, and financing activities for SmartStop Self Storage REIT, Inc. (SMA) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Operating Activities
Net Income	-1.74	-5.89	11.65	21.67	-19.56	-51.21
Depreciation & Amortization	73.20	56.11	60.23	64.62	53.37	42.07
Deferred Income Tax	1.05	0.85	-3.30	-1.07	-2.03	-5.93
Stock Based Compensation	16.62	5.26	5.26	3.97	2.91	1.74
Change in Working Capital	-10.99	-2.88	-5.04	2.86	-2.11	-1.61
Change in Accounts Receivable	-5.14	-10.05	-2.75	0.37	-0.30	-0.43
Change in Accounts Payable	-5.64	7.80	-3.25	3.29	-0.44	0.30
Change in Other Working Capital	0.60	5.23	0.01	-0.80	14.19	-1.48
Other Operating Activities	8.72	5.23	0.75	-4.13	14.19	41.70
Net Cash from Operating Activities	84.97	64.03	73.19	87.91	58.76	26.77
Investing Activities
Capital Expenditures	-318.28	0.00	-26.84	0.00	0.00	0.00
Acquisitions	-8.06	0.00	-15.00	-65.54	-49.50	-13.50
Purchases of Investments	-131.26	-1.22	-78.47	-5.00	-92.79	0.00
Sales/Maturities of Investments	66.94	0.00	95.82	0.00	19.10	0.00
Other Investing Activities	5.18	-179.72	4.39	-134.61	-89.82	-15.46
Net Cash from Investing Activities	-380.76	-180.94	0.26	-205.15	-120.21	-28.96
Financing Activities
Debt Repayment	-281.78	-647.33	-14.66	196.25	-438.49	-0.36
Common Stock Issued	931.50	0.00	0.00	0.00	4.02	0.00
Common Stock Repurchased	-0.29	-33.85	-18.99	-1.76	-4.62	-1.71
Dividends Paid	-7.11	-49.89	-8.27	-61.89	-38.43	-27.95
Other Financing Activities	-141.39	-19.51	-42.32	-12.53	-14.98	43.75
Net Cash from Financing Activities	325.23	94.82	-66.10	120.07	25.67	13.74
Summary
Effect of Forex Changes on Cash	0.63	-2.03	0.04	-1.47	-0.20	0.54
Net Change in Cash	30.07	-24.13	7.39	1.35	-35.78	12.09
Cash at Beginning of Period	29.30	53.43	46.04	44.69	80.66	68.57
Cash at End of Period	59.37	29.30	53.43	46.04	44.69	80.66
Free Cash Flow	-233.31	64.03	46.36	87.91	58.76	26.77
Supplemental Disclosures
Interest Paid	-	66.01	55.65	36.52	27.22	32.83
Income Taxes Paid	-	0.30	0.41	0.27	-	-

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About SmartStop Self Storage REIT Cash Flow

What is SmartStop Self Storage REIT's free cash flow?

SmartStop Self Storage REIT had negative free cash flow of $233.31M in fiscal 2025 (fiscal year ended Dec 31, 2025), operating cash flow of $84.97M minus $318.28M of capital expenditures.

How much does SmartStop Self Storage REIT spend on capital expenditures?

SmartStop Self Storage REIT spent $318.28M on capital expenditures in fiscal 2025. That equals 374.6% of operating cash flow.

Does SmartStop Self Storage REIT pay dividends or buy back shares?

Yes. In fiscal 2025 SmartStop Self Storage REIT returned $7.11M in dividends and $290.00K in share buybacks to shareholders, according to its cash flow statement.

What is free cash flow?

Free cash flow is operating cash flow minus capital expenditures. It is the cash a company has left for dividends, buybacks, debt repayment or acquisitions after funding its operations and investment. Full definition