CubeSmart (CUBE)
NYSE: CUBE · Real-Time Price · USD
45.00
-0.02 (-0.04%)
At close: Nov 9, 2026, 4:00 PM EST
44.86
-0.14 (-0.31%)
Pre-market: Nov 10, 2026, 4:09 AM EST
CubeSmart Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Property, Plant & Equipment | 6,324 | 6,424 | 6,088 | 6,002 | 6,097 | 6,152 |
Cash & Equivalents | 14.31 | 5.78 | 71.56 | 6.53 | 6.06 | 11.14 |
Accounts Receivable | 9.9 | 9.7 | 16.62 | 15.14 | 14.07 | 8.15 |
Other Receivables | 19.92 | 19.15 | 18.87 | 18.05 | 15.95 | 15.42 |
Other Intangible Assets | 0.45 | 7.79 | 10.33 | 1.81 | 1.18 | 108.79 |
Loans Receivable Current | - | 5 | 5 | - | - | - |
Restricted Cash | 1.79 | 4.45 | 6.1 | 1.69 | 2.86 | 2.18 |
Other Current Assets | 17.45 | 15.3 | 15.04 | 13.05 | 13.91 | 59.6 |
Deferred Long-Term Charges | 6.31 | 1.8 | 2.73 | 4 | 5.18 | 2.32 |
Other Long-Term Assets | 151.81 | 149.94 | 160.31 | 163.06 | 169.12 | 188.07 |
Total Assets | 6,546 | 6,643 | 6,394 | 6,225 | 6,326 | 6,548 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Current Portion of Long-Term Debt | - | 340.99 | 300 | - | - | - |
Current Portion of Leases | - | 4.92 | - | - | - | - |
Long-Term Debt | 3,536 | 3,062 | 2,687 | 2,923 | 2,996 | 3,146 |
Long-Term Leases | 65.43 | 110.26 | 115.64 | 116.04 | 114.42 | 119.82 |
Accounts Payable | 250.32 | 180.06 | 179.61 | 151.1 | 165.72 | 145.97 |
Other Current Liabilities | 119.48 | 121.52 | 119.6 | 115.82 | 112.96 | 99.92 |
Long-Term Unearned Revenue | 43.12 | 41.59 | 38.92 | 38.48 | 38.76 | 37.14 |
Other Long-Term Liabilities | - | - | - | - | - | 1.07 |
Total Liabilities | 4,014 | 3,861 | 3,440 | 3,344 | 3,428 | 3,550 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 2.23 | 2.27 | 2.28 | 2.25 | 2.25 | 2.24 |
Additional Paid-In Capital | 4,314 | 4,303 | 4,286 | 4,142 | 4,125 | 4,088 |
Retained Earnings | -1,840 | -1,585 | -1,416 | -1,345 | -1,301 | -1,218 |
Comprehensive Income & Other | -0.19 | -0.25 | -0.33 | -0.41 | -0.49 | -0.57 |
Total Common Equity | 2,477 | 2,719 | 2,872 | 2,799 | 2,826 | 2,872 |
Minority Interest | 55.17 | 62.63 | 82.01 | 81.98 | 71.6 | 126.82 |
Shareholders' Equity | 2,532 | 2,782 | 2,954 | 2,881 | 2,898 | 2,998 |
Total Liabilities & Equity | 6,546 | 6,643 | 6,394 | 6,225 | 6,326 | 6,548 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 3,601 | 3,518 | 3,102 | 3,039 | 3,111 | 3,266 |
Net Cash (Debt) | -3,587 | -3,512 | -3,031 | -3,032 | -3,105 | -3,254 |
Net Cash (Debt) Growth | - | - | - | - | - | - |
Net Cash Per Share | -15.76 | -15.33 | -13.34 | -13.40 | -13.74 | -15.87 |
Filing Date Shares Outstanding | 223.4 | 227.09 | 227.88 | 224.95 | 224.63 | 224 |
Total Common Shares Outstanding | 223.4 | 227.27 | 227.76 | 224.92 | 224.6 | 223.92 |
Book Value Per Share | 11.09 | 11.97 | 12.61 | 12.44 | 12.58 | 12.82 |
Tangible Book Value | 2,476 | 2,712 | 2,862 | 2,797 | 2,825 | 2,763 |
Tangible Book Value Per Share | 11.08 | 11.93 | 12.56 | 12.44 | 12.58 | 12.34 |
Land | 1,728 | 1,714 | 1,646 | 1,595 | 1,588 | 1,565 |
Buildings | 6,239 | 6,203 | 5,760 | 5,518 | 5,484 | 5,368 |
Construction In Progress | 27.19 | 34.6 | 33.72 | 69.01 | 37.58 | 78.22 |