CubeSmart Statistics
Total Valuation
CubeSmart has a market cap or net worth of $9.35 billion. The enterprise value is $12.25 billion.
Important Dates
The next estimated earnings date is Thursday, February 27, 2025, after market close.
| Earnings Date | Feb 27, 2025 |
| Ex-Dividend Date | Jan 2, 2025 |
Share Statistics
CubeSmart has 227.39 million shares outstanding. The number of shares has increased by 0.25% in one year.
| Current Share Class | 226.15M |
| Shares Outstanding | 227.39M |
| Shares Change (YoY) | +0.25% |
| Shares Change (QoQ) | +0.23% |
| Owned by Insiders (%) | 0.81% |
| Owned by Institutions (%) | 98.50% |
| Float | 224.14M |
Valuation Ratios
The trailing PE ratio is 23.10 and the forward PE ratio is 23.45. CubeSmart's PEG ratio is 19.96.
| Price/FFO Ratio | 15.38 |
| Price/AFFO Ratio | n/a |
| PE Ratio | 23.10 |
| Forward PE | 23.45 |
| PS Ratio | 8.70 |
| Forward PS | 8.40 |
| PB Ratio | 3.34 |
| P/TBV Ratio | 3.36 |
| P/FCF Ratio | 15.36 |
| P/OCF Ratio | 15.36 |
| PEG Ratio | 19.96 |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 17.62, with an EV/FCF ratio of 20.12.
| EV / Earnings | 30.47 |
| EV / Sales | 11.48 |
| EV / EBITDA | 17.62 |
| EV / EBIT | 24.91 |
| EV / FCF | 20.12 |
Financial Position
The company has a current ratio of 0.29, with a Debt / Equity ratio of 1.02.
| Current Ratio | 0.29 |
| Quick Ratio | 0.23 |
| Debt / Equity | 1.02 |
| Debt / EBITDA | 4.20 |
| Debt / FCF | 4.83 |
| Interest Coverage | 5.17 |
Financial Efficiency
Return on equity (ROE) is 14.03% and return on invested capital (ROIC) is 5.27%.
| Return on Equity (ROE) | 14.03% |
| Return on Assets (ROA) | 4.95% |
| Return on Capital (ROIC) | 5.27% |
| Revenue Per Employee | $350,961 |
| Profits Per Employee | $132,222 |
| Employee Count | 3,040 |
| Asset Turnover | 0.17 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -10.10% in the last 52 weeks. The beta is 0.89, so CubeSmart's price volatility has been lower than the market average.
| Beta (5Y) | 0.89 |
| 52-Week Price Change | -10.10% |
| 50-Day Moving Average | 45.19 |
| 200-Day Moving Average | 46.57 |
| Relative Strength Index (RSI) | 38.75 |
| Average Volume (20 Days) | 1,477,510 |
Short Selling Information
The latest short interest is 3.35 million, so 1.47% of the outstanding shares have been sold short.
| Short Interest | 3.35M |
| Short Previous Month | 4.42M |
| Short % of Shares Out | 1.47% |
| Short % of Float | 1.49% |
| Short Ratio (days to cover) | 2.38 |
Income Statement
In the last 12 months, CubeSmart had revenue of $1.07 billion and earned $401.96 million in profits. Earnings per share was $1.78.
| Revenue | 1.07B |
| Gross Profit | 778.13M |
| Operating Income | 491.61M |
| Pretax Income | 403.80M |
| Net Income | 401.96M |
| EBITDA | 695.14M |
| EBIT | 491.61M |
| Earnings Per Share (EPS) | $1.78 |
Full Income StatementBalance Sheet
The company has $43.51 million in cash and $2.94 billion in debt, giving a net cash position of -$2.90 billion or -$12.74 per share.
| Cash & Cash Equivalents | 43.51M |
| Total Debt | 2.94B |
| Net Cash | -2.90B |
| Net Cash Per Share | -$12.74 |
| Equity (Book Value) | 2.87B |
| Book Value Per Share | 12.33 |
| Working Capital | -242.82M |
Full Balance SheetCash Flow
| Operating Cash Flow | 608.70M |
| Capital Expenditures | n/a |
| Free Cash Flow | 608.70M |
| FCF Per Share | $2.68 |
Full Cash Flow StatementMargins
Gross margin is 72.93%, with operating and profit margins of 46.08% and 37.67%.
| Gross Margin | 72.93% |
| Operating Margin | 46.08% |
| Pretax Margin | 37.78% |
| Profit Margin | 37.67% |
| EBITDA Margin | 65.15% |
| EBIT Margin | 46.08% |
| FCF Margin | 57.05% |