CubeSmart CUBE Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 68.3%-1.6pp | 68.7%-1.5pp | 69.4%-1.1pp | 69.9%-1.0pp | 70%-1.5pp | |
| Net margin | 28.7%-7.1pp | 29.5%-7.3pp | 32.1%-5.8pp | 34.2%-4.0pp | 35.8%-3.0pp | |
| Returns | ||||||
| Return on equity | 11.8%-1.9pp | 11.9%-2.0pp | 12.8%-1.6pp | 13.4%-1.2pp | 13.7%-0.9pp | |
| Return on assets | 4.9%-1.1pp | 5.1%-1.1pp | 5.5%-1.0pp | 5.8%-0.7pp | 6%-0.6pp | |
| Efficiency | ||||||
| Asset turnover | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Debt-to-assets | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Per Share | ||||||
| Book value per share | $11.61-6.5% | $11.87-6.1% | $12.13-1.1% | $12.27+0.4% | $12.41+1.1% | |
| Valuation | ||||||
| Market capitalization | $8.32B-14.5% | $8.22B-15.2% | $9.27B-23.7% | $9.83B-3.6% | $9.73B-4.7% | |
| Enterprise value | $8.38B-14.4% | $8.33B-14.4% | $9.23B-24.2% | $9.88B-3.6% | $9.79B-4.7% | |
| Price / earnings | 25.6×+0.4× | 24.8×+0.1× | 26.1×-4.1× | 26.3×+1.1× | 25.2×+0.3× | |
| Price / sales | 7.4×-1.7× | 7.3×-1.8× | 8.4×-3.1× | 9×-0.6× | 9×-0.6× | |
| Price / book | 3.1×-0.3× | 3×-0.4× | 3.3×-1.0× | 3.5×-0.2× | 3.4×-0.2× | |
| EV / sales | 7.4×-1.7× | 7.4×-1.7× | 8.3×-3.1× | 9×-0.6× | 9.1×-0.7× | |
| Earnings yield | 3.9%-0.1pp | 4%0.0pp | 3.8%+0.5pp | 3.8%-0.2pp | 4%0.0pp | |
| Dividend yield | 5.7%+1.0pp | 5.8%+1.0pp | 5.1%+1.3pp | 4.8%+0.3pp | 4.8%+0.4pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are CubeSmart's profit margins?
- CubeSmart (CUBE) runs a 68.3% gross margin and a 37.8% operating margin, with a 28.7% net margin.
- Where do CubeSmart's ratios come from?
- Every ratio is computed from CubeSmart's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
