CubeSmart Statistics
Total Valuation
CubeSmart has a market cap or net worth of $9.69 billion. The enterprise value is $13.11 billion.
Important Dates
The last earnings date was Thursday, May 1, 2025, after market close.
| Earnings Date | May 1, 2025 |
| Ex-Dividend Date | Apr 1, 2025 |
Share Statistics
CubeSmart has 229.10 million shares outstanding. The number of shares has increased by 0.65% in one year.
| Current Share Class | 227.95M |
| Shares Outstanding | 229.10M |
| Shares Change (YoY) | +0.65% |
| Shares Change (QoQ) | +0.32% |
| Owned by Insiders (%) | 0.78% |
| Owned by Institutions (%) | 93.81% |
| Float | 225.98M |
Valuation Ratios
The trailing PE ratio is 25.02 and the forward PE ratio is 27.11.
| Price/FFO Ratio | 16.07 |
| Price/AFFO Ratio | n/a |
| PE Ratio | 25.02 |
| Forward PE | 27.11 |
| PS Ratio | 8.89 |
| Forward PS | 8.53 |
| PB Ratio | 3.39 |
| P/TBV Ratio | 3.45 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 15.44 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 33.98 |
| EV / Sales | 12.14 |
| EV / EBITDA | 18.83 |
| EV / EBIT | 27.20 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.18, with a Debt / Equity ratio of 1.18.
| Current Ratio | 0.18 |
| Quick Ratio | 0.12 |
| Debt / Equity | 1.18 |
| Debt / EBITDA | 4.90 |
| Debt / FCF | n/a |
| Interest Coverage | 4.91 |
Financial Efficiency
Return on equity (ROE) is 13.34% and return on invested capital (ROIC) is 4.93%.
| Return on Equity (ROE) | 13.34% |
| Return on Assets (ROA) | 4.65% |
| Return on Invested Capital (ROIC) | 4.93% |
| Return on Capital Employed (ROCE) | 7.53% |
| Revenue Per Employee | $347,904 |
| Profits Per Employee | $124,307 |
| 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 -0.21% in the last 52 weeks. The beta is 1.02, so CubeSmart's price volatility has been similar to the market average.
| Beta (5Y) | 1.02 |
| 52-Week Price Change | -0.21% |
| 50-Day Moving Average | 40.87 |
| 200-Day Moving Average | 45.58 |
| Relative Strength Index (RSI) | 57.80 |
| Average Volume (20 Days) | 1,903,458 |
Short Selling Information
The latest short interest is 3.66 million, so 1.60% of the outstanding shares have been sold short.
| Short Interest | 3.66M |
| Short Previous Month | 3.43M |
| Short % of Shares Out | 1.60% |
| Short % of Float | 1.62% |
| Short Ratio (days to cover) | 1.79 |
Income Statement
In the last 12 months, CubeSmart had revenue of $1.08 billion and earned $385.85 million in profits. Earnings per share was $1.69.
| Revenue | 1.08B |
| Gross Profit | 782.25M |
| Operating Income | 482.00M |
| Pretax Income | 403.80M |
| Net Income | 385.85M |
| EBITDA | 696.14M |
| EBIT | 482.00M |
| Earnings Per Share (EPS) | $1.69 |
Full Income StatementBalance Sheet
The company has $10.75 million in cash and $3.44 billion in debt, giving a net cash position of -$3.42 billion or -$14.95 per share.
| Cash & Cash Equivalents | 10.75M |
| Total Debt | 3.44B |
| Net Cash | -3.42B |
| Net Cash Per Share | -$14.95 |
| Equity (Book Value) | 2.92B |
| Book Value Per Share | 12.48 |
| Working Capital | -280.37M |
Full Balance SheetCash Flow
| Operating Cash Flow | 627.25M |
| Capital Expenditures | n/a |
| Free Cash Flow | n/a |
| FCF Per Share | n/a |
Full Cash Flow StatementMargins
Gross margin is 72.44%, with operating and profit margins of 44.63% and 35.73%.
| Gross Margin | 72.44% |
| Operating Margin | 44.63% |
| Pretax Margin | 35.72% |
| Profit Margin | 35.73% |
| EBITDA Margin | 64.46% |
| EBIT Margin | 44.63% |
| FCF Margin | n/a |