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CubeSmart CUBE Change in AP

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Other financials

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

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Market cap$9.2B-14.5%
Enterprise value$9.26B-14.4%
P/E28.3×+0.4×
P/S8.1×-1.9×

Profitability

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Gross margin68.3%-1.6pp
Operating margin37.8%
Net margin28.7%-7.1pp

Returns & leverage

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

Where this comes from

Reported directly by CubeSmart in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccountsPayableAndAccruedLiabilities.

The official record: CubeSmart’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CubeSmart's change in AP?
CubeSmart (CUBE) reported change in AP of -$6.41M in Q1 2026.
How has CubeSmart's change in AP changed year-over-year?
CubeSmart's change in AP increased by 48.3% year-over-year, from -$12.41M to -$6.41M.
What does change in AP mean?
The net change in the amount of money the company owes to its suppliers and vendors.
How do you interpret change in AP?
An increase suggests improved cash management or extended payment terms, while a decrease may indicate accelerated payments to creditors.
How does change in AP compare across companies?
Standard across all industries; peers in REITs typically maintain stable payable cycles.