CubeSmart CUBE

Latest FY: 2025 Real Estate REIT - Industrial
Market Price $41.48
Market Cap $9.45B
P/E Ratio 28.41
Quick Peer Compare (Real Estate):
Revenue (FY 2025) ↑5.3% YoY
$1.12B
3-Yr CAGR: 3.6%
Net Income ↓-14.7% YoY
$333.78M
Net Margin: 29.7%
Free Cash Flow
$490.21M
FCF Yield: 5.19%
EPS (Diluted) ↓-15.1% YoY
$1.46
Basic: $1.46
Return on Equity Efficiency
12.3%
ROA: 4,283.6%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (CUBE)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $165.8M $115.4M $87.9M $0.45 $263.5M
FY 2017 $181.5M +9.4% $124.6M $134.3M +52.8% $0.74 +64.4% $293.4M
FY 2018 $196.9M +8.5% $134.7M $163.9M +22.0% $0.88 +18.9% $304.3M $76.8M
FY 2019 $643.9M +227.1% $434.2M $169.1M +3.2% $0.88 0.0% $331.8M $213.5M +177.9%
FY 2020 $679.2M +5.5% $455.5M $165.6M -2.1% $0.85 -3.4% $351.0M
FY 2021 $822.6M +21.1% $570.5M $223.5M +34.9% $1.09 +28.2% $449.2M
FY 2022 $1,009.6M +22.7% $807.0M $291.3M +30.3% $1.29 +18.3% $591.5M
FY 2023 $1,050.3M +4.0% $895.4M $410.8M +41.0% $1.82 +41.1% $611.1M
FY 2024 $1,066.2M +1.5% $945.4M $391.2M -4.8% $1.72 -5.5% $631.1M
FY 2025 $1,123.1M +5.3% $1,043.2M $333.8M -14.7% $1.46 -15.1% $608.5M
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Valuation

Market Price $41.48
Market Cap $9.45B
Enterprise Value N/A
P/E Ratio 28.41
P/B Ratio 3.45
FCF Yield 5.19%
Dividend Yield 5.04%
Shares Outstanding 226,413,600
%

Profitability & Margins

Gross Margin 92.89%
Operating Margin 0.24%
Net Margin 29.72%
Return on Equity (ROE) 12.27%
Return on Assets (ROA) 4,283.65%
Asset Turnover 144.14x
Revenue 3-Yr CAGR 3.61%
🛡️

Financial Health & Liquidity

Current Ratio N/A
Cash Ratio N/A
Debt / Equity N/A
Debt / Assets N/A
Cash & Equivalents $5.78M
Total Debt N/A
Book Value / Share $12.01
💧

Cash Flow Efficiency

Operating Cash Flow $608.51M
Capital Expenditures (CapEx) $118.30M
Free Cash Flow $490.21M
OCF / Revenue 54.18%
FCF / Revenue 43.65%
FCF 3-Yr CAGR N/A
🏷️

Per Share Metrics

EPS (Diluted) $1.46
EPS (Basic) $1.46
Dividends / Share $2.09
Book Value / Share $12.01
EPS YoY Growth -15.12%
🏛️

Balance Sheet (FY 2025)

Total Assets $7.79M
Total Liabilities $100.00K
Stockholders' Equity $2.72B
Current Assets N/A
Current Liabilities N/A