CUBE Stock Financial Analysis - CubeSmart (NYSE) Stock

CubeSmart
US ˙ NYSE ˙ US2296631094

Overview
CubeSmart is a United States-based real estate investment trust (REIT) that operates in the self-storage industry. Headquartered in Malvern, Pennsylvania, the company primarily focuses on the ownership, operation, acquisition, and development of self-storage facilities. As of 2023, CubeSmart owns or manages a substantial portfolio comprising numerous self-storage properties across the United States, making it one of the largest operators in the sector. A key project area for CubeSmart involves the strategic expansion and enhancement of its properties, employing innovations in technology and customer service to optimize property performance and customer satisfaction. This strategy includes embracing automation and advanced security features to enhance user experience and operational efficiency.
Quality, Value, Momentum Scores

This card shows the Quality, Value, and Momentum scores for the company

Quality

The QualityScore is a proprietary scoring model that identifies high quality companies, based on cash generating efficiencies.

Value

Proprietary scoring model that ranks companies based on their relative valuation. Scores range from 0 to 100, with 100 being the most undervalued.

Momentum

Proprietary scoring model that ranks companies on their six-month momentum.

Fund Sentiment

The Fund Sentiment (fka Ownership) score is a proprietary quantitative model that ranks companies based on levels of ownership accumulation.

QVM

The QVM Score is a proprietary scoring model that combines Quality, Value, and Momentum into a single metric that ranks companies from 0 to 100.

Income Statement: Revenue, Operating Income, Net Income
  • The revenue for CubeSmart as of June 30, 2025 is 1,096.11 MM.
  • The operating income for CubeSmart as of June 30, 2025 is 476.56 MM.
  • The net income for CubeSmart as of June 30, 2025 is 374.85 MM.
Period End (TTM) Revenue (MM) Operating Income (MM) Net Income (MM)
2025-06-30 1,096.11 476.56 374.85
2025-03-31 1,079.89 482.00 385.85
2024-12-31 1,068.73 485.61 391.18
2024-09-30 1,066.92 491.61 401.95
2024-06-30 1,064.87 495.31 403.80
2024-03-31 1,059.83 499.52 407.72
2023-12-31 1,054.94 501.88 410.76
2023-09-30 1,050.55 478.41 379.95
2023-06-30 1,043.55 443.32 390.19
2023-03-31 1,031.30 404.33 350.67
2022-12-31 1,058.50 400.01 291.26
2022-09-30 973.04 324.93 254.75
2022-06-30 924.16 313.71 229.51
2022-03-31 874.51 300.86 219.91
2021-12-31 847.84 315.88 223.48
2021-09-30 781.54 289.58 220.46
2021-06-30 740.63 275.32 179.70
2021-03-31 704.56 263.92 169.46
2020-12-31 679.36 257.73 165.62
2020-09-30 665.83 243.33 165.34
Income Statement: EPS
  • The earnings per share basic for CubeSmart as of June 30, 2025 is 1.65.
  • The earnings per share diluted for CubeSmart as of June 30, 2025 is 1.64.
Period End (TTM) Earnings Per Share Basic Earnings Per Share Diluted
2025-06-30 1.65 1.64
2025-03-31 1.70 1.69
2024-12-31 1.73 1.72
2024-09-30 1.78 1.78
2024-06-30 1.79 1.79
2024-03-31 1.81 1.81
2023-12-31 1.82 1.82
2023-09-30 1.69 1.68
2023-06-30 1.73 1.72
2023-03-31 1.56 1.55
2022-12-31 1.29 1.29
2022-09-30 1.15 1.15
2022-06-30 1.06 1.06
2022-03-31 1.05 1.04
2021-12-31 1.10 1.09
2021-09-30 1.10 1.10
2021-06-30 0.91 0.91
2021-03-31 0.87 0.86
2020-12-31 0.85 0.85
2020-09-30 0.85 0.84
Cash Flow: Operations, Investing, Financing
  • The cash from operating activities for CubeSmart as of June 30, 2025 is 613.86 MM.
  • The cash from investing activities for CubeSmart as of June 30, 2025 is -610.79 MM.
  • The cash from financing activities for CubeSmart as of June 30, 2025 is 3.99 MM.
Period End (TTM) Cash From Operating Activities (MM) Cash From Investing Activities (MM) Cash From Financing Activities (MM)
2025-06-30 613.86 -610.79 3.99
2025-03-31 627.25 -607.07 -12.03
2024-12-31 631.07 -173.96 -387.67
2024-09-30 608.70 -108.15 -465.10
2024-06-30 633.07 -100.93 -536.01
2024-03-31 624.58 -102.48 -523.27
2023-12-31 611.14 -93.82 -518.03
2023-09-30 613.81 -76.08 -536.04
2023-06-30 606.24 -46.14 -557.06
2023-03-31 597.44 -65.24 -533.88
2022-12-31 591.47 -48.77 -547.09
2022-09-30 552.74 -1,753.94 1,149.33
2022-06-30 516.13 -1,814.77 1,300.52
2022-03-31 481.74 -1,841.22 1,363.96
2021-12-31 449.19 -1,852.67 1,410.57
2021-09-30 426.14 -480.94 108.15
2021-06-30 379.88 -474.89 94.84
2021-03-31 368.27 -497.19 96.44
2020-12-31 351.03 -511.44 108.20
2020-09-30 339.75 -230.84 -115.04
Valuation Metrics : PE, PriceToBook, PriceToTBV
  • The p/e for CubeSmart as of June 30, 2025 is 25.10.
  • The p/book for CubeSmart as of June 30, 2025 is 3.31.
  • The p/tbv for CubeSmart as of June 30, 2025 is 3.41.
P/Book
The current closing price divided by the book value per share.
P/TBV
The current price divided by the tangible book value per share.
Period End (TTM) p/e P/Book P/TBV
2025-06-30 25.10 3.31 3.41
2025-03-31 3.24 3.26
2024-12-31 3.33 3.33
2024-09-30 29.69 4.21 4.21
2024-06-30 24.73 3.52 3.53
2024-03-31 24.86 3.55 3.55
2023-12-31 27.43 3.63 3.63
2023-09-30 21.96 2.98 2.98
2023-06-30 28.73 3.49 3.49
2023-03-31 35.63 3.58
2022-12-31 3.09 3.11
2022-09-30 3.10 3.16
2022-06-30 43.61 3.26 3.35
2022-03-31 52.12 3.88 4.03
2021-12-31 56.48 5.45 5.50
2021-09-30 54.41 4.45 4.51
2021-06-30
2021-03-31 61.80 4.84 4.94
2020-12-31 62.28 4.93 5.07
2020-09-30 61.23 5.58 5.58
Valuation Metrics : EBitToEv, EBit3YrAvgToEv
  • The ebit/ev for CubeSmart as of June 30, 2025 is 0.03.
  • The ebit (3y)/ev for CubeSmart as of June 30, 2025 is 0.03.
Period End (TTM) EBIT/EV EBIT (3y)/EV
2025-06-30 0.03 0.03
2025-03-31 0.03 0.03
2024-12-31 0.03 0.03
2024-09-30 0.03 0.02
2024-06-30 0.03 0.03
2024-03-31 0.03 0.02
2023-12-31 0.03 0.02
2023-09-30 0.03 0.02
2023-06-30 0.03 0.02
2023-03-31 0.02 0.02
2022-12-31 0.02 0.02
2022-09-30 0.02 0.02
2022-06-30 0.02 0.01
2022-03-31 0.02 0.01
2021-12-31 0.02 0.01
2021-09-30 0.01 0.01
2021-06-30
2021-03-31 0.01 0.01
2020-12-31 0.01 0.01
2020-09-30 0.01 0.01
Management Effectiveness
  • The roa for CubeSmart as of June 30, 2025 is 0.06.
  • The roe for CubeSmart as of June 30, 2025 is 0.14.
  • The roic for CubeSmart as of June 30, 2025 is 0.06.
  • The croic for CubeSmart as of June 30, 2025 is 0.00.
  • The ocroic for CubeSmart as of June 30, 2025 is 0.10.
Period End (TTM) ROA ROE ROIC CROIC OCROIC
2025-06-30 0.06 0.14 0.06 0.00 0.10
2025-03-31 0.06 0.14 0.07 0.01 0.10
2024-12-31 0.06 0.14 0.07 0.01 0.10
2024-09-30 0.06 0.14 0.07 -0.00 0.11
2024-06-30 0.06 0.14 0.07 -0.00 0.11
2024-03-31 0.06 0.14 0.07 -0.00 0.10
2023-12-31 0.06 0.13 0.06 0.00 0.10
2023-09-30 0.06 0.13 0.07 0.00 0.10
2023-06-30 0.05 0.12 0.07 0.00 0.10
2023-03-31 0.05 0.10 0.06 -0.00 0.10
2022-12-31 0.05 0.11 0.04 -0.01 0.09
2022-09-30 0.05 0.10 0.04 -0.01 0.09
2022-06-30 0.05 0.10 0.04 0.00 0.08
2022-03-31 0.05 0.10 0.04 0.00 0.08
2021-12-31 0.05 0.11 0.04 0.00 0.09
2021-09-30 0.05 0.10 0.05 0.01 0.08
2021-06-30 0.04 0.10 0.04 -0.00 0.08
2021-03-31 0.04 0.09 0.04 -0.01 0.08
2020-12-31 0.04 0.09 0.04 -0.01 0.08
2020-09-30 0.04 0.09 0.04 -0.00 0.09
Gross Margins
  • The gross margin for CubeSmart as of June 30, 2025 is 0.72.
  • The net margin for CubeSmart as of June 30, 2025 is 0.36.
  • The operating margin for CubeSmart as of June 30, 2025 is 0.45.
Gross Margin
The Gross Margin is the ratio of revenue left after substracting the Cost of Goods Sold. It is calculated as 1.0 - (Revenue - COGS ) / Revenue.
Net Margin
The Net Margin (aka Profit Margin) is the ratio of revenue left after substracting the Net Income. It is calculated as Net Income / Revenue.
Operating Margin
The Operaing Margin is the ratio of revenue left after substracting the Operating Income. It is calculated as Operating Income / Revenue.
Period End (TTM) Gross Margin Net Margin Operating Margin
2025-06-30 0.72 0.36 0.45
2025-03-31 0.70 0.37 0.45
2024-12-31 0.73 0.38 0.46
2024-09-30 0.73 0.38 0.47
2024-06-30 0.74 0.38 0.47
2024-03-31 0.72 0.39 0.48
2023-12-31 0.74 0.36 0.46
2023-09-30 0.74 0.37 0.42
2023-06-30 0.74 0.37 0.42
2023-03-31 0.71 0.34 0.39
2022-12-31 0.73 0.26 0.33
2022-09-30 0.73 0.26 0.33
2022-06-30 0.73 0.25 0.34
2022-03-31 0.69 0.25 0.34
2021-12-31 0.71 0.27 0.35
2021-09-30 0.70 0.28 0.37
2021-06-30 0.70 0.24 0.37
2021-03-31 0.70 0.24 0.37
2020-12-31 0.67 0.24 0.38
2020-09-30 0.69 0.25 0.37
Identifiers and Descriptors
Central Index Key (CIK)1298675
Industry Groups
SIC 6798 - Real Estate Investment Trusts
Other Listings
DE:UK8 €35.46
MX:CUBE
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