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.
Profit margin
29.60%
Operating margin
39.50%
ROE
11.60%
ROA
4.33%
Debt/equity
1.26x
Margin trends — annual
Gross margin Operating margin Profit margin
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2006 | $213.11M | $-8.55M | 99.97% | 18.38% | -4.01% |
| 2007 | $229.17M | $-13.08M | 99.97% | 16.80% | -5.71% |
| 2008 | $236.40M | $2.79M | 58.04% | 14.67% | 1.18% |
| 2009 | $217.29M | $-937000.00 | 56.76% | 13.78% | -0.43% |
| 2010 | $216.83M | $-7.39M | 56.79% | 16.04% | -3.41% |
| 2011 | $237.60M | $-398000.00 | 58.27% | 19.16% | -0.17% |
| 2012 | $283.08M | $1.82M | 60.85% | 11.39% | 0.64% |
| 2013 | $318.39M | $41.45M | 62.87% | 18.31% | 13.02% |
| 2014 | $376.96M | $26.38M | 64.80% | 21.63% | 7.00% |
| 2015 | $444.52M | $77.71M | 65.54% | 24.27% | 17.48% |
| 2016 | $510.04M | $87.91M | 67.48% | 28.03% | 17.23% |
| 2017 | $558.94M | $134.29M | 67.53% | 35.02% | 24.03% |
| 2018 | $597.94M | $163.89M | 67.08% | 36.80% | 27.41% |
| 2019 | $655.04M | $169.12M | 69.74% | 62.09% | 25.82% |
| 2020 | $679.36M | $165.62M | 69.57% | 60.98% | 24.38% |
| 2021 | $822.56M | $223.48M | 69.35% | 35.33% | 27.17% |
| 2022 | $1.01B | $291.26M | 70.95% | 34.78% | 28.85% |
| 2023 | $1.05B | $410.76M | 71.93% | 47.34% | 39.11% |
| 2024 | $1.07B | $391.18M | 70.20% | 45.31% | 36.69% |
| 2025 | $1.12B | $333.78M | 22.74% | 39.97% | 29.72% |