CubeSmart Statistics
Total Valuation
CubeSmart has a market cap or net worth of $9.68 billion. The enterprise value is $12.67 billion.
Important Dates
The next estimated earnings date is Thursday, April 24, 2025, after market close.
| Earnings Date | Apr 24, 2025 |
| Ex-Dividend Date | Apr 1, 2025 |
Share Statistics
CubeSmart has 229.07 million shares outstanding. The number of shares has increased by 0.40% in one year.
| Current Share Class | 227.88M |
| Shares Outstanding | 229.07M |
| Shares Change (YoY) | +0.40% |
| Shares Change (QoQ) | +0.57% |
| Owned by Insiders (%) | 0.78% |
| Owned by Institutions (%) | 97.41% |
| Float | 225.92M |
Valuation Ratios
The trailing PE ratio is 24.56 and the forward PE ratio is 26.82.
| Price/FFO Ratio | 15.99 |
| Price/AFFO Ratio | n/a |
| PE Ratio | 24.56 |
| Forward PE | 26.82 |
| PS Ratio | 8.91 |
| Forward PS | 8.58 |
| PB Ratio | 3.34 |
| P/TBV Ratio | 3.37 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 15.27 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 32.38 |
| EV / Sales | 11.85 |
| EV / EBITDA | 18.32 |
| EV / EBIT | 26.08 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.44, with a Debt / Equity ratio of 1.05.
| Current Ratio | 0.44 |
| Quick Ratio | 0.35 |
| Debt / Equity | 1.05 |
| Debt / EBITDA | 4.46 |
| Debt / FCF | n/a |
| Interest Coverage | 5.12 |
Financial Efficiency
Return on equity (ROE) is 13.43% and return on invested capital (ROIC) is 5.07%.
| Return on Equity (ROE) | 13.43% |
| Return on Assets (ROA) | 4.81% |
| Return on Invested Capital (ROIC) | 5.07% |
| Return on Capital Employed (ROCE) | 7.97% |
| Revenue Per Employee | $344,307 |
| Profits Per Employee | $126,024 |
| Employee Count | 3,104 |
| 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 -7.36% in the last 52 weeks. The beta is 0.90, so CubeSmart's price volatility has been similar to the market average.
| Beta (5Y) | 0.90 |
| 52-Week Price Change | -7.36% |
| 50-Day Moving Average | 41.89 |
| 200-Day Moving Average | 46.45 |
| Relative Strength Index (RSI) | 51.41 |
| Average Volume (20 Days) | 1,811,914 |
Short Selling Information
The latest short interest is 4.07 million, so 1.78% of the outstanding shares have been sold short.
| Short Interest | 4.07M |
| Short Previous Month | 3.92M |
| Short % of Shares Out | 1.78% |
| Short % of Float | 1.80% |
| Short Ratio (days to cover) | 1.91 |
Income Statement
In the last 12 months, CubeSmart had revenue of $1.07 billion and earned $391.18 million in profits. Earnings per share was $1.72.
| Revenue | 1.07B |
| Gross Profit | 776.98M |
| Operating Income | 485.61M |
| Pretax Income | 403.80M |
| Net Income | 391.18M |
| EBITDA | 691.32M |
| EBIT | 485.61M |
| Earnings Per Share (EPS) | $1.72 |
Full Income StatementBalance Sheet
The company has $71.56 million in cash and $3.10 billion in debt, giving a net cash position of -$3.03 billion or -$13.23 per share.
| Cash & Cash Equivalents | 71.56M |
| Total Debt | 3.10B |
| Net Cash | -3.03B |
| Net Cash Per Share | -$13.23 |
| Equity (Book Value) | 2.95B |
| Book Value Per Share | 12.61 |
| Working Capital | -170.77M |
Full Balance SheetCash Flow
| Operating Cash Flow | 631.07M |
| Capital Expenditures | n/a |
| Free Cash Flow | n/a |
| FCF Per Share | n/a |
Full Cash Flow StatementMargins
Gross margin is 72.70%, with operating and profit margins of 45.44% and 36.60%.
| Gross Margin | 72.70% |
| Operating Margin | 45.44% |
| Pretax Margin | 36.67% |
| Profit Margin | 36.60% |
| EBITDA Margin | 64.69% |
| EBIT Margin | 45.44% |
| FCF Margin | n/a |