CUBE
CubeSmart
NYSE: CUBE · REAL ESTATE · REIT - INDUSTRIAL
$39.71
+0.28% today
Updated 2026-04-29
Market cap
$9.07B
P/E ratio
27.12
P/S ratio
8.06x
EPS (TTM)
$1.46
Dividend yield
5.35%
52W range
$34 – $42
Volume
2.4M
CubeSmart (CUBE) Financial statements
SEC filings — annual and quarterly data.
Cash flow — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $64.57M | $62.87M | $67.01M | $62.21M | $71.52M | $84.33M | $118.43M | $142.86M | $166.03M | $217.27M | $263.27M | $291.91M | $304.33M | $331.77M | $351.03M | $449.19M | $591.47M | $611.14M | $631.07M | $611.67M |
| Capital expenditures | $312.35M | $48.01M | $30.74M | $17.88M | $104.44M | $471.19M | $4.23M | $53.98M | $23.57M | $81.31M | $136.91M | $68.78M | $86.00M | $102.83M | $473.27M | $221.43M | $113.36M | $39.85M | $43.58M | $44.79M |
| Depreciation | $66.73M | $72.22M | $80.13M | $75.91M | $70.85M | $73.70M | $113.87M | $112.31M | $129.00M | $154.11M | $164.44M | $148.32M | $145.66M | $166.37M | $159.25M | $240.22M | $314.51M | $205.38M | $209.77M | — |
| Stock-based comp | $1.27M | $1.84M | $2.72M | $3.40M | $3.64M | $3.20M | $4.55M | $5.62M | $1.74M | $2.15M | $3.21M | $5.59M | $5.57M | $6.69M | $7.14M | $8.09M | $9.08M | $10.09M | $11.49M | $11.54M |
| Free cash flow | $-247.78M | $14.86M | $36.27M | $44.33M | $-32.92M | $-386.86M | $114.20M | $88.88M | $142.47M | $135.96M | $126.36M | $223.14M | $218.33M | $228.94M | $-122.24M | $227.75M | $478.10M | $571.28M | $587.50M | $566.89M |
| Investing cash flow | $-248.05M | $-153.58M | $27.18M | $98.85M | $-44.78M | $-442.10M | $-271.94M | $-282.92M | $-522.70M | $-374.61M | $-559.29M | $-150.30M | $-322.26M | $-375.66M | $-511.44M | $-1.85B | $-48.77M | $-93.82M | $-173.96M | — |
| Financing cash flow | $104.30M | $75.50M | $-94.96M | $-62.04M | $-123.61M | $360.95M | $148.93M | $138.74M | $356.39M | $217.30M | $219.41M | $-143.32M | $15.25M | $95.86M | $108.20M | $1.41B | $-547.09M | $-518.03M | $-387.67M | — |
| Dividends paid | $66.62M | $66.82M | $41.62M | $6.74M | $9.41M | $27.85M | $45.48M | $65.17M | $81.86M | $113.10M | $155.82M | $195.01M | $221.33M | $243.86M | $256.25M | $273.84M | $387.11M | $442.22M | $461.77M | $476.31M |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Debt repayment | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | — | — | — | — | — | — | $-4.57M | $-1.32M | $-275000.00 | $59.97M | $-59.90M | $2.29M | $-2.68M | $51.96M | $-52.21M | $7.09M | $-4.39M | — | — | — |