◆ TICKERBASE · GLOBAL STOCK FINANCIAL DATA LIBRARY

Home › All stocks › C › CUBE

CubeSmart (CUBE) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

REAL ESTATE · REIT - INDUSTRIAL · DATA UPDATED 2026-09-19

CubeSmart (CUBE) operates in the REIT - INDUSTRIAL industry and is headquartered in Malvern, United States with about 3,121 employees. Its market capitalization is roughly $9 billion. In the fiscal year ended 2025-12-31, CUBE reported $1.1B in revenue and $334M in net income.

CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer affordable, easily accessible and, in most locations, climate-controlled storage space for residential and commercial customers.

Interactive charts & full statements → Open the CUBE valuation workbench →

CUBE Revenue & Earnings History — Annual Income Statement

Income statement	TTM → 2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Revenue	$1.1B	$1.1B	$1.1B	$1.1B	$1.0B	$823M	$679M	$655M	$598M	$559M	$510M	$445M	$377M	$318M	$283M	$238M	$217M	$217M	$236M	$229M	$213M
Gross Profit	—	$255M	$748M	$756M	$716M	$570M	$473M	$457M	$401M	$377M	$344M	$291M	$244M	$200M	$172M	$138M	$123M	$123M	$137M	$229M	$213M
Gross Margin %	—	22.7%	70.2%	71.9%	71.0%	69.3%	69.6%	69.7%	67.1%	67.5%	67.5%	65.5%	64.8%	62.9%	60.9%	58.3%	56.8%	56.8%	58.0%	100.0%	100.0%
Operating Income (EBIT)	$452M	$449M	$483M	$497M	$351M	$291M	$414M	$407M	$220M	$196M	$143M	$108M	$82M	$58M	$32M	$46M	$35M	$30M	$35M	$38M	$39M
Operating Margin %	39.8%	40.0%	45.3%	47.3%	34.8%	35.3%	61.0%	62.1%	36.8%	35.0%	28.0%	24.3%	21.6%	18.3%	11.4%	19.2%	16.0%	13.8%	14.7%	16.8%	18.4%
Net Income	$335M	$334M	$391M	$411M	$291M	$223M	$166M	$169M	$164M	$134M	$88M	$78M	$26M	$41M	$2M	$0M	($7M)	($1M)	$3M	($13M)	($9M)
Net Margin %	29.5%	29.7%	36.7%	39.1%	28.8%	27.2%	24.4%	25.8%	27.4%	24.0%	17.2%	17.5%	7.0%	13.0%	0.6%	-0.2%	-3.4%	-0.4%	1.2%	-5.7%	-4.0%
EBITDA	—	$704M	$689M	$711M	$603M	$463M	$414M	$407M	$363M	$340M	$307M	$260M	$208M	$171M	$146M	$114M	$98M	$101M	$112M	$111M	$105M
Earnings Per Share (EPS)	$1.45	$1.46	$1.72	$1.82	$1.29	$1.09	$0.85	$0.88	$0.88	$0.74	$0.49	$0.46	$0.17	$0.30	$0.01	$-0.00	$-0.08	$-0.01	$0.05	$-0.23	$-0.15
Shares Outstanding (M)	—	229M	227M	226M	226M	205M	195M	192M	185M	181M	180M	170M	151M	138M	125M	103M	94M	71M	58M	57M	57M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

CUBE Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Total Revenue	$286M	$282M	$283M	$285M	$282M	$273M	$268M	$271M	$266M
Gross Profit	—	$69M	($256M)	$194M	$127M	$190M	$192M	$189M	$183M
Gross Margin %	—	24.5%	-90.5%	68.1%	44.9%	69.6%	71.7%	69.8%	68.8%
Operating Income (EBIT)	$117M	$113M	$111M	$111M	$112M	$115M	$124M	$124M	$117M
Operating Margin %	40.9%	40.2%	39.3%	39.0%	39.6%	42.1%	46.4%	45.6%	44.1%
Net Income	$90M	$83M	$79M	$83M	$83M	$89M	$102M	$101M	$94M
Net Margin %	31.5%	29.4%	27.8%	29.1%	29.4%	32.7%	38.1%	37.2%	35.3%
EBITDA	—	$175M	$173M	$180M	$179M	$175M	$155M	$175M	$168M
Earnings Per Share (EPS)	$0.39	$0.36	$0.34	$0.36	$0.36	$0.39	$0.45	$0.44	$0.41
Shares Outstanding (M)	—	228M	229M	229M	229M	229M	228M	227M	227M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

CUBE Free Cash Flow History

Cash flow	TTM → 2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Cash from Operations (CFO)	$598M	$612M	$631M	$611M	$591M	$449M	$351M	$332M	$304M	$292M	$263M	$217M	$166M	$143M	$118M	$84M	$72M	$62M	$67M	$63M	$65M
Capital Expenditures (CapEx)	—	$45M	$44M	$40M	$113M	$221M	$473M	$103M	$86M	$69M	$137M	$81M	$24M	$54M	$4M	$471M	$104M	$18M	$31M	$48M	$312M
Free Cash Flow (FCF)	$556M	$567M	$587M	$571M	$478M	$228M	($122M)	$229M	$218M	$223M	$126M	$136M	$142M	$89M	$114M	($387M)	($33M)	$44M	$36M	$15M	($248M)
FCF Margin %	48.9%	50.5%	55.1%	54.4%	47.3%	27.7%	-18.0%	34.9%	36.5%	39.9%	24.8%	30.6%	37.8%	27.9%	40.3%	-162.8%	-15.2%	20.4%	15.3%	6.5%	-116.3%
Dividends Paid	—	$476M	$462M	$442M	$387M	$274M	$256M	$244M	$221M	$195M	$156M	$113M	$82M	$65M	$45M	$28M	$9M	$7M	$42M	$67M	$67M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

CUBE Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Cash from Operations (CFO)	$144M	$149M	$136M	$169M	$157M	$146M	$165M	$145M	$171M
Capital Expenditures (CapEx)	—	$0M	$15M	$15M	$15M	$9M	$10M	$12M	$11M
Free Cash Flow (FCF)	$131M	$149M	$122M	$154M	$143M	$137M	$154M	$133M	$159M
FCF Margin %	45.8%	52.8%	43.1%	54.1%	50.5%	50.2%	57.6%	49.2%	59.9%
Dividends Paid	—	$121M	$119M	$119M	$119M	$119M	$116M	$115M	$115M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

CUBE Balance Sheet History

Balance sheet	2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Assets	$6.6B	$6.6B	$6.4B	$6.2B	$6.3B	$6.5B	$4.8B	$4.0B	$3.8B	$3.5B	$3.5B	$3.1B	$2.8B	$2.4B	$2.1B	$1.9B	$1.5B	$1.6B	$1.6B	$1.7B	$1.6B
Cash & Cash Equivalents	$14M	$6M	$72M	$7M	$6M	$11M	$4M	$55M	$4M	$5M	$3M	$63M	$3M	$3M	$4M	$9M	$6M	$103M	$4M	$5M	$20M
Total Liabilities	$3.9B	$3.9B	$3.4B	$3.3B	$3.4B	$3.5B	$2.7B	$2.2B	$2.0B	$1.9B	$1.8B	$1.4B	$1.3B	$1.2B	$1.1B	$881M	$713M	$860M	$1.0B	$1.0B	$890M
Total Debt (Short + Long-Term)	$3.5B	$3.4B	$3.3B	$2.9B	$3.0B	$3.1B	$2.4B	$3.9B	$1.7B	$1.6B	$1.6B	$1.3B	$1.2B	$1.1B	$1.0B	$768M	$624M	$1.3B	$1.5B	$1.2B	$879M
Total Shareholders' Equity	$2.6B	$2.7B	$2.9B	$2.8B	$2.8B	$2.9B	$1.8B	$1.9B	$1.7B	$1.6B	$1.7B	$1.7B	$1.4B	$1.1B	$990M	$995M	$765M	$695M	$523M	$556M	$627M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive CUBE viewer.

CUBE Metric Deep Dives

Other Companies in REIT - INDUSTRIAL

EGP · EastGroup Properties Inc — $11 billion
LINE · Lineage, Inc. Common Stock — $9 billion
REXR · Rexford Industrial Realty Inc — $9 billion
FR · First Industrial Realty Trust Inc — $8 billion
STAG · STAG Industrial Inc — $7 billion
TRNO · Terreno Realty Corporation — $7 billion
COLD · Americold Realty Trust — $4 billion
LXP · LXP Industrial Trust — $4 billion

This page in other languages: עברית · Русский · Español · Português · 中文 · العربية · Français · Italiano · 日本語 · Deutsch · فارسی · हिन्दी

← CUB All “C” companies CUBEXTUB →

About TickerBase · Data methodology & sources · Privacy · Terms

TickerBase is provided for educational and informational purposes only. It does not constitute financial, investment, tax, or legal advice, or a recommendation to buy, sell, or hold any security. No price targets are published; any per-share value shown in the valuation workbench is generated entirely from reader-supplied assumptions and is not the publisher's view of fair value. Past performance does not predict future results. Figures are approximate and drawn from public filings; one-time items are noted where identified. Do your own research and consult a licensed professional before making any investment decision. The author may or may not hold positions in the securities discussed.