CubeSmart Financials

CUBE Stock  USD 38.49  0.33  0.86%   
Based on the key indicators related to CubeSmart's liquidity, profitability, solvency, and operating efficiency, CubeSmart is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in March. At present, CubeSmart's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 7.7 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 134.4 M.
 
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CubeSmart Balance Sheet Chart

At present, CubeSmart's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 7.7 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 134.4 M.
Key indicators impacting CubeSmart's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.311.22
Notably Up
Very volatile
Operating Income583.4 M555.6 M
Sufficiently Up
Slightly volatile
Current Ratio0.480.58
Significantly Down
Slightly volatile
Investors should never underestimate CubeSmart's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to research CubeSmart's cash flow, debt, and profitability to make informed and accurate decisions about investing in CubeSmart.

Net Income

472.35 Million

  
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Understanding current and past CubeSmart Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of CubeSmart's financial statements are interrelated, with each one affecting the others. For example, an increase in CubeSmart's assets may result in an increase in income on the income statement.
Please note, the presentation of CubeSmart's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CubeSmart's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of CubeSmart's management manipulating its earnings.

CubeSmart Stock Summary

CubeSmart competes with Rexford Industrial, Federal Realty, EastGroup Properties, First Industrial, and Brixmor Property. CubeSmart is a self-administered and self-managed real estate investment trust. According to the 2020 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States. Cubesmart operates under REITIndustrial classification in the United States and is traded on New York Stock Exchange. It employs 2892 people.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS2296631094
Business Address5 Old Lancaster
SectorSpecialized REITs
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.cubesmart.com
Phone610 535 5700
CurrencyUSD - US Dollar

CubeSmart Key Financial Ratios

CubeSmart Key Balance Sheet Accounts

202120222023202420252026 (projected)
Total Assets6.5B6.3B6.2B6.4B7.4B7.7B
Other Assets6.5B6.3B(60.0M)125.4M144.2M137.0M
Total Liab3.5B3.4B3.3B3.4B4.0B4.2B
Other Current Liab99.9M113.0M115.8M119.6M107.6M113.0M
Other Liab38.3M30.2M38.2M39.8M45.8M27.2M
Net Debt3.2B3.1B3.0B3.0B3.4B3.6B
Accounts Payable200.0M214.4M201.4M229.6M264.0M277.2M
Cash11.1M6.1M6.5M71.6M64.4M67.6M
Long Term Debt2.9B2.9B2.9B3.0B3.4B3.6B
Other Current Assets122.1M72.3M74.8M84.9M97.6M102.5M
Total Current Assets156.8M108.4M114.5M197.0M226.5M237.8M
Retained Earnings(1.2B)(1.3B)(1.3B)(1.4B)(1.3B)(1.2B)
Common Stock2.2M2.2M2.2M2.3M2.6M1.6M
Short Term Debt209.9M60.9M18.1M305.9M351.8M273.9M
Intangible Assets108.8M1.2M1.8M10.3M11.9M21.1M
Net Receivables23.6M30.0M33.2M40.5M46.6M48.9M
Inventory8.9M60.3M(95.8M)(60.0M)(54.0M)(51.3M)
Net Tangible Assets1.9B2.1B3.0B2.9B3.3B2.0B
Long Term Debt Total1.9B2.2B2.9B2.9B3.4B1.9B

CubeSmart Key Income Statement Accounts

202120222023202420252026 (projected)
Interest Expense78.4M93.3M97.3M90.8M104.4M109.7M
Total Revenue822.6M1.0B1.1B1.1B1.2B1.3B
Gross Profit570.5M716.4M755.6M748.5M860.8M903.8M
Operating Income290.6M351.1M497.3M483.1M555.6M583.4M
Ebit290.6M351.1M505.5M483.1M555.6M583.4M
Ebitda522.7M661.7M710.9M688.8M792.1M831.7M
Net Income223.5M291.3M410.8M391.2M449.9M472.3M
Income Tax Expense100.2M93.3M1.7M391.2M449.9M472.3M
Cost Of Revenue252.1M293.3M294.8M317.8M365.4M383.7M
Income Before Tax230.8M292.5M412.4M391.9M450.7M473.2M
Minority Interest7.3M(1.2M)(1.5M)(705K)(810.8K)(770.2K)
Net Interest Income(86.6M)(97.2M)(98.1M)(94.9M)(85.4M)(89.7M)

CubeSmart Key Cash Accounts

202120222023202420252026 (projected)
Change In Cash7.1M(4.4M)(708K)69.4M62.5M65.6M
Free Cash Flow449.2M591.5M611.1M631.1M725.7M762.0M
Depreciation240.2M314.5M205.4M209.8M241.2M139.7M
Other Non Cash Items(1.8M)(50.0M)(4.7M)2.5M2.3M2.4M
Dividends Paid273.8M387.1M442.2M461.8M531.0M557.6M
Capital Expenditures221.4M113.4M39.9M43.6M39.2M37.3M
Net Income230.8M292.5M410.8M391.2M449.9M472.3M
End Period Cash Flow13.3M8.9M8.2M77.7M69.9M73.4M
Investments38.3M(48.8M)(72.4M)(174.0M)(156.6M)(148.7M)
Net Borrowings823.0M(152.9M)(75.4M)(50.4M)(45.4M)(43.1M)
Change To Netincome(5.9M)25.0M3.1M(39.8M)(35.8M)(34.0M)

CubeSmart Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining CubeSmart's current stock value. Our valuation model uses many indicators to compare CubeSmart value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CubeSmart competition to find correlations between indicators driving CubeSmart's intrinsic value. More Info.
CubeSmart is rated second in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about  0.36  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for CubeSmart is roughly  2.77 . At present, CubeSmart's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value CubeSmart by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Most indicators from CubeSmart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CubeSmart current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CubeSmart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.At present, CubeSmart's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 23.30, whereas Discontinued Operations is forecasted to decline to about 287.3 K.
 2023 2024 2025 2026 (projected)
Gross Profit755.6M748.5M860.8M903.8M
Total Revenue1.1B1.1B1.2B1.3B

CubeSmart fundamental ratios Correlations

0.990.380.770.981.01.00.120.65-0.570.990.980.491.00.911.00.490.881.00.72-0.380.90.8-0.970.80.82
0.990.320.770.990.980.980.120.65-0.510.980.970.520.990.890.990.520.840.980.69-0.370.910.77-0.950.80.82
0.380.320.310.290.40.410.150.26-0.430.430.31-0.250.380.390.37-0.250.440.380.4-0.130.180.57-0.40.350.34
0.770.770.310.780.760.75-0.020.74-0.240.760.750.290.770.670.760.290.620.740.39-0.450.550.83-0.850.990.99
0.980.990.290.780.980.98-0.040.68-0.570.970.970.570.980.840.980.570.890.980.62-0.380.890.76-0.960.80.82
1.00.980.40.760.981.00.110.64-0.61.00.980.471.00.911.00.470.891.00.74-0.380.890.81-0.970.780.81
1.00.980.410.750.981.00.110.64-0.611.00.980.461.00.911.00.460.91.00.74-0.390.890.81-0.970.780.8
0.120.120.15-0.02-0.040.110.11-0.130.180.120.1-0.260.110.420.09-0.26-0.160.10.510.040.160.15-0.06-0.010.0
0.650.650.260.740.680.640.64-0.13-0.410.640.590.210.650.590.650.210.60.640.46-0.320.470.61-0.690.760.77
-0.57-0.51-0.43-0.24-0.57-0.6-0.610.18-0.41-0.61-0.54-0.37-0.57-0.44-0.61-0.37-0.86-0.63-0.480.04-0.6-0.350.56-0.25-0.27
0.990.980.430.760.971.01.00.120.64-0.610.980.441.00.921.00.440.91.00.75-0.390.880.82-0.970.780.8
0.980.970.310.750.970.980.980.10.59-0.540.980.510.980.890.980.510.860.980.7-0.370.890.8-0.950.770.79
0.490.52-0.250.290.570.470.46-0.260.21-0.370.440.510.480.20.491.00.530.490.02-0.160.730.11-0.430.290.32
1.00.990.380.770.981.01.00.110.65-0.571.00.980.480.911.00.480.881.00.72-0.380.890.81-0.970.80.82
0.910.890.390.670.840.910.910.420.59-0.440.920.890.20.910.90.20.70.90.89-0.410.780.8-0.870.690.71
1.00.990.370.760.981.01.00.090.65-0.611.00.980.491.00.90.490.91.00.72-0.380.90.79-0.970.780.8
0.490.52-0.250.290.570.470.46-0.260.21-0.370.440.511.00.480.20.490.530.490.02-0.160.730.11-0.430.290.32
0.880.840.440.620.890.890.9-0.160.6-0.860.90.860.530.880.70.90.530.910.55-0.260.810.65-0.870.640.66
1.00.980.380.740.981.01.00.10.64-0.631.00.980.491.00.91.00.490.910.73-0.360.90.78-0.960.760.79
0.720.690.40.390.620.740.740.510.46-0.480.750.70.020.720.890.720.020.550.73-0.10.660.66-0.670.430.45
-0.38-0.37-0.13-0.45-0.38-0.38-0.390.04-0.320.04-0.39-0.37-0.16-0.38-0.41-0.38-0.16-0.26-0.36-0.1-0.26-0.440.4-0.41-0.41
0.90.910.180.550.890.890.890.160.47-0.60.880.890.730.890.780.90.730.810.90.66-0.260.59-0.820.580.61
0.80.770.570.830.760.810.810.150.61-0.350.820.80.110.810.80.790.110.650.780.66-0.440.59-0.850.850.85
-0.97-0.95-0.4-0.85-0.96-0.97-0.97-0.06-0.690.56-0.97-0.95-0.43-0.97-0.87-0.97-0.43-0.87-0.96-0.670.4-0.82-0.85-0.86-0.88
0.80.80.350.990.80.780.78-0.010.76-0.250.780.770.290.80.690.780.290.640.760.43-0.410.580.85-0.861.0
0.820.820.340.990.820.810.80.00.77-0.270.80.790.320.820.710.80.320.660.790.45-0.410.610.85-0.881.0
Click cells to compare fundamentals

CubeSmart Account Relationship Matchups

CubeSmart fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets6.5B6.3B6.2B6.4B7.4B7.7B
Other Assets6.5B6.3B(60.0M)125.4M144.2M137.0M
Total Liab3.5B3.4B3.3B3.4B4.0B4.2B
Other Current Liab99.9M113.0M115.8M119.6M107.6M113.0M
Other Liab38.3M30.2M38.2M39.8M45.8M27.2M
Net Debt3.2B3.1B3.0B3.0B3.4B3.6B
Accounts Payable200.0M214.4M201.4M229.6M264.0M277.2M
Cash11.1M6.1M6.5M71.6M64.4M67.6M
Long Term Debt2.9B2.9B2.9B3.0B3.4B3.6B
Other Current Assets122.1M72.3M74.8M84.9M97.6M102.5M
Total Current Assets156.8M108.4M114.5M197.0M226.5M237.8M
Retained Earnings(1.2B)(1.3B)(1.3B)(1.4B)(1.3B)(1.2B)
Common Stock2.2M2.2M2.2M2.3M2.6M1.6M
Short Term Debt209.9M60.9M18.1M305.9M351.8M273.9M
Intangible Assets108.8M1.2M1.8M10.3M11.9M21.1M
Net Receivables23.6M30.0M33.2M40.5M46.6M48.9M
Inventory8.9M60.3M(95.8M)(60.0M)(54.0M)(51.3M)
Net Tangible Assets1.9B2.1B3.0B2.9B3.3B2.0B
Long Term Debt Total1.9B2.2B2.9B2.9B3.4B1.9B
Today, most investors in CubeSmart Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CubeSmart's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of CubeSmart growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(4.29)

At present, CubeSmart's Price Earnings To Growth Ratio is projected to drop based on the last few years of reporting.

CubeSmart February 11, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of CubeSmart help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CubeSmart. We use our internally-developed statistical techniques to arrive at the intrinsic value of CubeSmart based on widely used predictive technical indicators. In general, we focus on analyzing CubeSmart Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CubeSmart's daily price indicators and compare them against related drivers.

Complementary Tools for CubeSmart Stock analysis

When running CubeSmart's price analysis, check to measure CubeSmart's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CubeSmart is operating at the current time. Most of CubeSmart's value examination focuses on studying past and present price action to predict the probability of CubeSmart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CubeSmart's price. Additionally, you may evaluate how the addition of CubeSmart to your portfolios can decrease your overall portfolio volatility.
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