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CubeSmart

Real Estate US CUBE

40.17USD
-0.14(0.35%)

Last update at 2026-06-08T20:00:00Z

Day Range

39.9240.43
LowHigh

52 Week Range

34.2341.83
LowHigh

Fundamentals

  • Previous Close 40.31
  • Market Cap9120.47M
  • Volume3394966
  • P/E Ratio27.49
  • Dividend Yield5.19%
  • EBITDA709.51M
  • Revenue TTM1125.57M
  • Revenue Per Share TTM4.92
  • Gross Profit TTM 804.47M
  • Diluted EPS TTM1.44

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 331.32M 391.88M 412.44M 292.47M 230.81M
Minority interest 2.46M -0.70500M -1.51800M -1.20900M 7.33M
Net income 333.78M 391.18M 410.76M 199.19M 130.58M
Selling general administrative 64.66M 59.66M 57.04M 54.62M 47.81M
Selling and marketing expenses - 26.00M 24.50M - -
Gross profit 255.40M 748.48M 755.55M 716.36M 570.46M
Reconciled depreciation 263.12M 209.77M 224.23M 314.51M 232.05M
Ebit 445.42M 483.12M 505.50M 385.76M 296.89M
Ebitda 703.57M 688.82M 710.88M 696.37M 528.94M
Depreciation and amortization 258.15M 205.70M 205.38M 310.61M 232.05M
Non operating income net other - - - - -
Operating income 448.90M 483.12M 497.27M 385.76M 296.89M
Other operating expenses 674.21M 583.12M 553.06M 658.49M 531.96M
Interest expense 114.10M 90.82M 97.29M 93.28M 78.45M
Tax provision - - - - -
Interest income - - - - -
Net interest income -119.07100M -94.88700M -98.11700M -97.18100M -86.61600M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense - 391.18M 1.68M 93.28M 100.24M
Total revenue 1123.11M 1066.23M 1050.33M 1009.62M 822.56M
Total operating expenses -193.49600M 265.37M 258.28M 365.23M 279.86M
Cost of revenue 867.71M 317.75M 294.78M 293.26M 252.10M
Total other income expense net -117.58200M -91.23000M -84.84000M -93.28400M -66.07800M
Discontinued operations - - - - -
Net income from continuing ops 331.32M 391.88M 381.47M 292.47M 230.81M
Net income applicable to common shares - - - 291.26M 223.48M
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 6643.19M 6394.18M 6225.02M 6325.83M 6548.08M
Intangible assets 7.79M - 1.81M - -
Earning assets - - - - -
Other current assets 4.45M - 74.78M 72.34M 61.78M
Total liab 3861.12M 3440.31M 3344.21M 3428.03M 3549.70M
Total stockholder equity 2719.44M 2871.86M 2798.83M 2826.20M 2871.56M
Deferred long term liab - - - 38.76M 37.14M
Other current liab -345.90700M -229.58100M 300.06M 112.96M 99.92M
Common stock 2.27M 2.28M 2.25M 2.25M 2.24M
Capital stock 2.27M 2.28M 2.25M 2.25M 2.24M
Retained earnings -1585.13500M -1415.66200M -1345.23900M -1301.03000M -1218.49800M
Other liab - - - 39.84M 38.21M
Good will - - - - -
Other assets 6637.41M 125.39M -60.03800M 6319.77M 6536.94M
Cash 5.78M 71.56M 6.53M 6.06M 11.14M
Cash and equivalents - - - - -
Total current liabilities 345.91M 38.92M 373.82M 425.92M 546.95M
Current deferred revenue 41.59M 38.92M 38.48M 38.76M 37.14M
Net debt 3528.14M 2980.65M 2981.96M 3055.86M 3200.45M
Short term debt 345.91M - 4.72M 60.90M 209.90M
Short long term debt 378.80M - 18.10M 60.90M 209.90M
Short long term debt total 3533.92M 3052.21M 2988.49M 3061.93M 3211.59M
Other stockholder equity 4302.31M 4285.57M 4142.23M 4125.48M 4088.39M
Property plant equipment - - - 6048.00M 6097.67M
Total current assets 44.09M 196.95M 114.49M 12.67M 62.63M
Long term investments 74.03M 91.97M 98.29M 105.99M 119.75M
Net tangible assets - - - 2883.62M 2979.78M
Short term investments - - - - 119.75M
Net receivables 33.85M 10.37M 33.18M 30.02M 23.56M
Long term debt 3023.96M 2986.55M 2904.68M 2935.27M 2935.89M
Inventory - - -60.03800M -95.75100M -33.85200M
Accounts payable 229.67M 229.58M 35.27M 213.30M 199.99M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - 14.18M 18.60M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -0.24900M -0.33000M -0.41100M -0.49100M -0.57000M
Additional paid in capital - - - - -
Common stock total equity - - - 2.25M 2.24M
Preferred stock total equity - - - - -
Retained earnings total equity - - - -1301.03000M -1218.49800M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 93.01M 6045.49M 5959.96M 6156.49M 268.03M
Deferred long term asset charges - - - - -
Non current assets total 6599.11M 6197.23M 6110.53M 6313.16M 6485.45M
Capital lease obligations 65.58M 65.67M 65.71M 65.76M 65.80M
Long term debt total - - - 2935.27M 2935.89M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments 0.00000M -173.95900M -72.37300M -48.76700M 38.33M
Change to liabilities - - - 21.93M 18.79M
Total cashflows from investing activities -574.18200M - - -48.76700M -1852.66800M
Net borrowings 413.57M - - -152.88500M 822.98M
Total cash from financing activities -104.92200M -387.66900M -518.02600M -547.09200M 1410.57M
Change to operating activities - - - 5.03M -5.32400M
Net income 333.78M 391.88M 410.76M 292.47M 230.81M
Change in cash -67.43000M 69.45M -0.70800M -4.39300M 7.09M
Begin period cash flow 77.66M 8.22M 8.93M 13.32M 6.23M
End period cash flow 10.23M 77.66M 8.22M 8.93M 13.32M
Total cash from operating activities 611.67M 631.07M 611.14M 591.47M 449.19M
Issuance of capital stock - 118.27M - 4.88M 965.64M
Depreciation 258.15M 209.77M 205.38M 314.51M 240.22M
Other cashflows from investing activities -571.32300M -117.15500M -93.79700M 64.59M -1631.23400M
Dividends paid 476.31M 461.77M 442.22M 387.11M 273.84M
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock -36.02200M - -0.27600M -1.40300M 1956.99M
Other cashflows from financing activities -6.19300M 6.27M -0.14200M 621.92M -36.48000M
Change to netincome - - - -39.79600M 3.14M
Capital expenditures 44.79M 0.00000M 39.85M 113.36M 221.43M
Change receivables - - - - -
Cash flows other operating - - - 2.36M -43.78000M
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - -4.39300M 7.09M
Change in working capital -2.85400M 16.11M -10.39200M 25.43M 9.55M
Stock based compensation 11.54M 11.49M 10.09M 9.08M 8.09M
Other non cash items 22.59M 1.82M -4.69700M -50.01900M -1.83500M
Free cash flow 566.89M 631.07M 611.14M 591.47M 449.19M

Peer Comparison

Sector: Real Estate Industry: REIT - Industrial

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
CUBE
CubeSmart
-0.14 0.35% 40.17 27.49 23.75 8.06 3.37 11.25 17.84
PLD
Prologis Inc
-1.76 1.22% 142.78 42.17 52.08 14.75 2.25 18.70 23.08
PSA
Public Storage
1.40 0.45% 311.08 27.33 27.32 11.54 8.95 14.45 20.02
PLDGP
Prologis Inc
0.49 0.92% 53.99 10.93 - 5.05 -
EXR
Extra Space Storage Inc
-0.31 0.21% 145.00 32.06 33.67 9.20 2.31 13.29 18.59

Reports Covered

Stock Research & News

Profile

CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,514 self-storage properties across the United States. According to the 2025 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the U.S. The Company's mission is to simplify the organizational and logistical challenges created by the many life events and business needs of its customers through innovative solutions, unparalleled service, and genuine care. The Company's self-storage properties are designed to offer affordable, easily accessible, and, in most locations, climate-controlled storage space for residential and commercial customers.

CubeSmart

5 Old Lancaster Road, Malvern, PA, United States, 19355-2132

Key Executives

Name Title Year Born
Mr. Christopher P. Marr CEO, Pres & Trustee 1965
Mr. Timothy M. Martin CFO & Treasurer 1971
Mr. Joel D. Keaton Chief Operating Officer 1972
Mr. Jeffrey P. Foster Sr. VP, Chief Legal Officer & Sec. 1970
Mr. Charles W. Place Director, Investor Relations NA
Mr. Daniel Ruble CFA VP of Marketing NA
Mr. Joe Fitzgerald VP of Operations NA
Mr. Carey Parsons VP of Operations NA
Mr. Guy Middlebrooks VP of Third-Party Management NA
Joshua Schutzer Director of Financial Analysis NA

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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