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CubeSmart CUBE Business Segments — Cost Of Property Utilities

Similar metrics at other companies

Public Storage logo
PSAUtilities — Direct Costs of Leased and Rented Property or Equipment
$18.53M-1.0%
Public Storage logo
PSASelf-storage facilities — Direct Costs of Leased and Rented Property or Equipment
$305.68M+1.5%
Extra Space Storage logo
EXRSelf-Storage Operations — Property operating expense
$41.11M+10.0%
Public Storage logo
PSASelf Storage Operations — Direct Costs Of Leased And Rented Property Or Equipment
$305.68M+1.5%
Welltower logo
WELLUtilities
$125M+20.3%
Extra Space Storage logo
EXRSelf-Storage Operations — Property taxes
$83.98M+5.1%

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 cube:CostOfPropertyUtilities.

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 business segments — cost of property utilities?
CubeSmart (CUBE) reported business segments — cost of property utilities of $7.18M in Q1 2026.
How has CubeSmart's business segments — cost of property utilities changed year-over-year?
CubeSmart's business segments — cost of property utilities increased by 7.7% year-over-year, from $6.67M to $7.18M.
What is the long-term trend for CubeSmart's business segments — cost of property utilities?
Over 3 years (2022 to 2025), CubeSmart's business segments — cost of property utilities has grown at a 1.6% compound annual growth rate (CAGR), from $24.08M to $25.26M.
What does business segments — cost of property utilities mean?
Expenses related to electricity, water, gas, and other utility services required to operate the storage facilities. This is a variable operating cost influenced by facility size, climate control usage, and local energy prices.