CubeSmart

CubeSmart

33.19
EUR
-0.22
(-0.66%)
1.32EPS
26.14P/E
7.85BMarket Cap
Oct 29Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.36
2.53
2.64
2.86
3.1
3.24
3.37
3.5
4.04
4.49
4.66
4.71
4.91
5.18
Basic EPS, GAAP
0.26
0.14
0.43
0.46
0.74
0.89
0.89
0.85
1.1
1.29
1.82
1.73
1.46
1.52
Free Cash Flow per Basic Share
1.06
1.11
1.29
1.48
1.62
1.65
1.74
1.81
2.2
2.63
2.71
2.79
2.66
2.69
Dividend per Share
0.48
0.55
0.67
0.87
1.08
1.2
1.28
1.32
1.38
1.72
1.96
2.04
2.08
2.19
Book Value per Share
7.84
8.83
9.41
9.19
8.94
9.14
9.3
9.28
12.82
12.58
12.44
12.61
11.97
11.44
Tangible Book Value per Share
7.77
8.69
9.33
9.15
8.93
9.09
9.24
8.99
12.34
12.58
12.44
12.56
11.93
11.43
Basic Weighted Avg Shares
135
149
169
178
181
185
191
194
204
225
225
226
229
220
Sales/Revenue/Turnover
318
377
445
510
559
598
644
679
823
1,010
1,050
1,066
1,123
1,136
Operating Margin (%)
18.31
23.62
25.01
29.31
35.25
36.8
36.04
37.92
35.33
34.78
47.34
45.31
39.97
39.85
Depreciation Expense
117
129
154
164
148
146
166
159
240
315
205
210
263
254
Net Income, GAAP
41
26
78
88
134
164
169
166
223
291
411
391
334
334
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
13.02
7
17.48
17.23
24.03
27.41
26.26
24.39
27.17
28.85
39.11
36.69
29.72
29.41
Working Capital
-113
-176
-45
-176
-264
-390
-132
-323
-390
-319
-259
-191
-645
-715
LT Debt
1,100
1,096
1,252
1,552
1,553
1,552
1,932
2,312
3,002
3,001
2,970
3,052
3,090
3,091
Total Equity
1,129
1,499
1,711
1,716
1,690
1,772
1,869
2,090
2,998
2,898
2,881
2,954
2,782
2,637
Return on Invested Capital (%)
2.51
3.3
3.83
4.56
5.9
6.43
6.34
5.76
5.04
5.77
8.41
8.14
7.26
7.25
Return on Capital (%)
3.76
2.95
4.27
4.39
5.72
6.56
6.56
5.76
5.49
6.3
8.49
8.11
7.35
7.29
Return on Common Equity (%)
3.4
1.6
4.64
5.02
8.18
9.82
9.64
9.12
9.5
10.22
14.6
13.8
11.94
12.39

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
379
415
451
LT Borrowings
3,024
3,025
3,025
LT Finance Leases
66
66
65
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
227
226
226
Market Capitalization
8,192
8,301
8,971

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
127
123
142
Cash, Cash Equivalents & STI
6
7
14
Accounts Receivable, Net
10
9
10
Inventories
- -
- -
- -
Total Current Liabilities
772
803
857
Payables & Accruals
351
346
362
ST Debt
379
415
451
Deferred Revenue
42
43
44

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.72%
7.25%
-5.82%
Free Cash Flow
11.38%
12.53%
-3.58%
Net Income, GAAP
17.59%
17.37%
-14.67%
Sales/Revenue/Turnover
9.92%
10.94%
5.33%
Total Cash Common Dividend
16.8%
13.82%
3.15%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
261
266
271
268
1,066
2025
273
282
285
283
1,123
2026
282
286
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.42
0.42
0.45
0.46
1.73
2025
0.39
0.36
0.36
0.4
1.46
2026
0.36
0.4
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.51
0.51
0.51
0.53
2.04
2025
0.52
0.52
0.52
0.61
2.08
2026
0.53
0.53
- -
- -
- -

Company Description

CEO
Christopher P. Marr
Full Time Employees
3,121
Sector
Finance
Industry
Real estate investment trusts
Address
5 Old Lancaster Road Malvern PA United States 19355-2132
IPO Date
Oct 22, 2004
Business
CubeSmart operates as a self-administered and self-managed real estate investment trust primarily focused on the self-storage sector. The company's expansive network of properties is strategically developed and managed to deliver convenient, secure, and cost-effective storage solutions for both individual and business clients. These facilities feature a range of unit sizes, including climate-controlled and drive-up options, alongside advanced digital tools for rentals and account management, and amenities like moving supplies. As of late 2024, CubeSmart maintains its position as one of the top three owners and operators within the U.S. self-storage market, overseeing a significant portfolio of owned and third-party managed locations nationwide. The company consistently enhances its offerings, evidenced by recent strategic acquisitions and ongoing technology upgrades designed to simplify the customer experience.

Company News

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  • 14,017 CubeSmart $CUBE Shares Acquired by NewEdge Advisors LLC

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  • My Biggest Allocation: I'm Going All-In On Real Estate

  • Waverly Advisors LLC Acquires New Shares in CubeSmart $CUBE

  • American Real Estate Pays For My Retirement

  • CubeSmart: The 5.4% Dividend Yield Isn't Enough To Justify Buying

  • Hsbc Holdings PLC Decreases Stake in CubeSmart $CUBE

  • APLE or CUBE: Which Is the Better Value Stock Right Now?

  • Barrow Hanley Mewhinney & Strauss LLC Makes New $12.38 Million Investment in CubeSmart $CUBE

  • Allworth Financial LP Purchases Shares of 13,019 CubeSmart $CUBE

  • Deutsche Bank AG Invests $12.91 Million in CubeSmart $CUBE

  • REITs Are Mispriced: Where I See Opportunity Today

  • HPP or CUBE: Which Is the Better Value Stock Right Now?

  • AI Is Quietly Reshaping My Entire REIT Portfolio

  • Bank of America Corp DE Has $48.44 Million Stock Position in CubeSmart $CUBE