CubeSmart (CUBE)

CubeSmart Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Year Ending	Current	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Market Capitalization	10,733	10,422	9,039	11,569	6,563	6,093
Market Cap Growth	-2.02%	15.30%	-21.87%	76.28%	7.71%	13.99%
Enterprise Value	13,760	13,403	12,092	14,767	8,987	7,966
PE Ratio	26.62	25.37	31.03	51.77	39.63	36.03
PS Ratio	10.21	9.92	8.95	14.07	9.66	9.46
PB Ratio	3.87	3.72	3.20	4.03	3.58	3.39
P/FCF Ratio	21.15	20.78	18.83	48.78	-41.11	78.89
P/OCF Ratio	17.22	17.05	15.28	25.76	18.70	18.37
EV/Sales Ratio	13.04	12.76	11.98	17.95	13.23	12.37
EV/EBITDA Ratio	19.50	18.90	17.30	27.24	22.42	19.53
EV/EBIT Ratio	27.52	26.60	31.45	48.91	37.21	32.97
EV/FCF Ratio	27.00	26.72	25.19	62.26	-56.30	103.15
Debt / Equity Ratio	1.07	1.07	1.08	1.12	1.33	1.07
Debt / EBITDA Ratio	4.23	4.21	4.38	5.92	6.06	4.73
Debt / FCF Ratio	5.87	5.96	6.38	13.54	-15.22	25.01
Asset Turnover	0.17	0.17	0.16	0.16	0.16	0.16
Interest Coverage	5.42	5.41	4.12	3.85	3.18	3.33
Return on Equity (ROE)	14.60%	14.70%	10.30%	10.50%	9.30%	9.50%
Return on Assets (ROA)	6.50%	6.60%	4.60%	4.30%	3.90%	4.30%
Return on Capital (ROIC)	8.58%	8.59%	5.96%	4.78%	6.04%	6.22%
Earnings Yield	3.78%	3.94%	3.22%	1.93%	2.52%	2.78%
FCF Yield	4.73%	4.81%	5.31%	2.05%	-2.43%	1.27%
Dividend Yield	4.26%	4.30%	4.40%	2.50%	4.00%	4.10%
Payout Ratio	113.33%	108.80%	138.00%	131.80%	156.50%	144.90%
Buyback Yield / Dilution	-0.17%	-0.16%	-10.18%	-5.16%	-1.76%	-3.28%
Total Shareholder Return	4.08%	4.14%	-5.78%	-2.66%	2.24%	0.82%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).