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CubeSmart

CUBE

CubeSmart is a self-administered and self-managed real estate investment trust (REIT) focused on the ownership, operation, and development of self-storage properties across the United States.

Market cap
$9.62B+2.7%
Revenue$1.1B+5.0%
Net income$325.3M-15.7%
EPS (diluted)$1.43-14.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 30, 2026 (Today)
Revenue estimate$281.1M
EPS estimate$0.36

Financials

Q1 2026

Income statement

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Revenue$281.9M+3.3%
Gross profit$191.9M+0.9%
Net income$82.8M-6.8%
EPS (diluted)$0.36-7.7%

Balance sheet

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Cash & equivalents$7.3M-32.5%
Total debt$65.5M-0.2%
Total equity$2.6B-6.9%
Total assets$6.6B-2.1%

Cash flow

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Operating cash flow$148.8M+1.7%

Valuation & ratios

Valuation

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Market cap$9.62B+2.7%
Enterprise value$9.68B+1.4%
P/E29.6×+4.2×
P/S8.5×-0.2×

Profitability

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Gross margin68.3%-1.6pp
Net margin28.7%-7.1pp

Returns & leverage

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Return on equity11.8%-1.9pp
Debt / equity0.0×

Segments

By product

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Real Estate Other$32.1M+7.7%
Management Service$9.9M-5.5%

By segment

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Self Storage$281.9M+3.3%

Competitors

Profile

CubeSmart is a self-administered and self-managed real estate investment trust (REIT) focused on the ownership, operation, and development of self-storage properties across the United States. The company provides climate-controlled and accessible storage solutions for residential and commercial customers, primarily through month-to-month lease agreements. Beyond its owned portfolio, the company leverages its operational platform to provide third-party management services for other storage property owners.

Competitive position

A leading national operator of self-storage facilities with a significant presence in major metropolitan statistical areas.

GeographiesUnited States
Customer segmentsB2C, B2B
Business modelRental, Property Management, REIT
SuppliersReal estate developers, Construction contractors, Municipal planning and zoning boards, Financial institutions for capital
CustomersIndividual residential renters, Small and medium-sized businesses, Vehicle and boat owners
Listed2004
Employees3.0K
CEOChristopher Marr
FilingsSEC EDGAR

Questions, answered.

What is CubeSmart's market cap?
CubeSmart (CUBE) has a market capitalization of $9.6B and trades on NYSE.
What is CubeSmart's revenue and profitability?
CubeSmart generated $1.1B in trailing twelve-month revenue with net income of $325.3M, representing a net margin of 28.7%. Gross margin stands at 68.3%. These figures are based on the Q1 2026 filing.
Who are CubeSmart's competitors?
CubeSmart's key competitors include Extra Space Storage Inc., Public Storage, National Storage Affiliates Trust, and others. These companies compete in similar markets and product categories.
Who does CubeSmart partner with?
CubeSmart's notable partners include Hines.
What subsidiaries does CubeSmart have?
CubeSmart's subsidiaries include CubeSmart, L.P..
Where is CubeSmart headquartered?
CubeSmart is headquartered in United States of America and employs approximately 3,040 people. It has been publicly traded since 2004.