CUBE
CubeSmart REIT (CUBE)
NYSE
$40.85+$0.36 (+0.89%)
Price as of Jun 23, 2026 5:39 PM EDT
  • $9.2B
    Market Cap
  • -0.30%
    1-Year Change
  • REIT - Industrial
    Industry
Annual
Quarterly
12/31/2025
12/31/2024
12/31/2023
12/31/2022
Income Statement
Total Operating Revenue
1.1B
+5.33%
1.1B
+1.51%
1.1B
+4.03%
1.0B
+22.74%
Cost of Revenue
351.4M
+10.59%
317.8M
+7.79%
294.8M
+0.52%
293.3M
+16.33%
Gross Profit
771.7M
+3.10%
748.5M
-0.94%
755.6M
+5.47%
716.4M
+25.58%
Sales and Marketing Expense
30.3M
+16.54%
26.0M
+6.12%
24.5M
+9.38%
22.4M
+6.67%
Research and Development Expense
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Depreciation and Amortization Expense
263.1M
+25.43%
209.8M
+4.24%
201.2M
-35.21%
310.6M
+33.86%
Total Operating Expenses
674.2M
+15.62%
583.1M
+5.43%
553.1M
-16.01%
658.5M
+23.79%
Operating Profit
335.4M
-14.73%
393.3M
-4.83%
413.3M
+41.90%
291.3M
+30.33%
Interest Income
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Interest Expense
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Interest Income and Expense and Net
0
N/A
0
N/A
0
N/A
0
N/A
Total Nonoperating Income and Expense
2.7M
+134.97%
1.2M
-81.56%
6.3M
+160.66%
-10.4M
-4.28%
Income before Taxes
333.8M
-14.67%
391.2M
-4.77%
410.8M
+41.03%
291.3M
+30.33%
Income Taxes
117.3M
+10.58%
106.1M
N/A
N/A
N/A
N/A
N/A
Extraordinary Items
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Net Income
331.3M
-15.46%
391.9M
-4.98%
412.4M
+41.02%
292.5M
+26.71%
Net Income from Continuing Operations Applicable to Common
333.8M
-14.67%
391.2M
-4.77%
410.8M
+41.03%
291.3M
+30.33%
Basic EPS and Net Income
1.46
-15.61%
1.73
-4.95%
1.82
+41.09%
1.29
+17.27%
Diluted EPS and Net Income
1.46
-15.12%
1.72
-5.49%
1.82
+41.09%
1.29
+18.35%
Basic Weighted Average Shares
228.7M
+1.05%
226.4M
+0.41%
225.4M
+0.22%
224.9M
+10.35%
Diluted Weighted Average Shares
229.2M
+0.88%
227.2M
+0.40%
226.2M
+0.16%
225.9M
+10.18%
Balance Sheet
Cash and Cash Equivalents
4.4M
-93.86%
71.6M
+996.54%
6.5M
+7.62%
6.1M
-45.57%
Short-Term Investments
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash and Cash Equivalents and Short-Term Investments
4.4M
-93.86%
71.6M
+996.54%
6.5M
+7.62%
6.1M
-45.57%
Total Current Assets
181.3M
-1.28%
183.6M
+12.46%
163.3M
+6.04%
154.0M
-42.05%
Accumulated Depreciation
1.8B
+10.55%
1.6B
+12.30%
1.4B
+13.51%
1.2B
+14.92%
Property and Plant and Equipment and Net
373.7M
-93.81%
6.0B
+1.46%
6.0B
-1.60%
6.0B
-0.81%
Total Long-Term Assets
181.3M
-1.28%
183.6M
+12.46%
163.3M
+6.04%
154.0M
-42.05%
Total Assets
6.6B
+3.89%
6.4B
+2.72%
6.2B
-1.59%
6.3B
-3.39%
Income Taxes Payable
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Short-Term Debt
378.8M
+1,992.82%
18.1M
0.00%
18.1M
-70.28%
60.9M
-70.99%
Total Current Liabilities
229.7M
+0.04%
229.6M
+13.98%
201.4M
-5.57%
213.3M
+6.66%
Total Long-Term Debt
7.1M
-96.56%
205.9M
+60.64%
128.2M
-21.32%
162.9M
-2.84%
Total Long-Term Liabilities
7.1M
-96.56%
205.9M
+60.64%
128.2M
-21.32%
162.9M
-2.84%
Total Liabilities
3.9B
+12.23%
3.4B
+2.87%
3.3B
-2.45%
3.4B
-3.43%
Retained Earnings
-1.6B
+11.97%
-1.4B
+5.23%
-1.3B
+3.40%
-1.3B
+6.77%
Total Stockholders Equity
2.7B
-5.31%
2.9B
+2.61%
2.8B
-0.97%
2.8B
-1.58%
Total Shares Outstanding
227.3M
-0.22%
227.8M
+1.26%
224.9M
+0.14%
224.6M
+0.31%
Cash Flow
Cash from Operating Activities
608.5M
-3.58%
631.1M
+3.26%
611.1M
+3.33%
591.5M
+31.68%
Capital Expenditures
49.7M
+17.17%
42.4M
+89.05%
22.4M
-74.80%
89.0M
-41.27%
Cash from Investing Activities
-571.3M
+228.42%
-174.0M
+85.42%
-93.8M
+92.38%
-48.8M
-97.37%
Dividends Paid
476.3M
+3.15%
461.8M
+4.42%
442.2M
+14.24%
387.1M
+41.36%
Cash from Financing Activities
-104.6M
-73.01%
-387.7M
-25.16%
-518.0M
-5.31%
-547.1M
-138.79%
Financials Ratio
Gross Margin
68.71%
-2.12%
70.20%
-2.41%
71.93%
+1.38%
70.95%
+2.31%
Operating Margin
29.86%
-19.05%
36.89%
-6.25%
39.35%
+36.40%
28.85%
+6.18%
Return on Assets
5.08%
-18.17%
6.21%
-5.50%
6.57%
+44.65%
4.54%
+11.48%
Return on Equity
11.85%
-14.25%
13.82%
-5.75%
14.66%
+42.84%
10.27%
+4.61%
Revenue Growth
5.33%
+252.47%
1.51%
-62.46%
4.03%
-82.27%
22.74%
+7.72%
Current Ratio
0.79
-1.31%
0.80
-1.34%
0.81
+12.30%
0.72
-45.66%
Cash Ratio
0.02
-93.87%
0.31
+862.04%
0.03
+14.08%
0.03
-49.01%
Debt-to-Equity Ratio
0.14
+81.92%
0.08
+49.14%
0.05
-33.96%
0.08
-39.77%
Debt-to-Assets Ratio
0.06
+66.00%
0.04
+48.94%
0.02
-33.62%
0.04
-38.65%

Earnings & Revenue History

Debt-to-Assets

Cash Flow