CubeSmart (CUBE) vs Extra Space Storage (EXR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
CubeSmart (CUBE) has outperformed Extra Space Storage (EXR) over the past year, losing 6.0% versus a loss of 6.5%. Over five years, EXR leads with a -27.2% price change compared with -28.0% for CUBE. Extra Space Storage is the larger company by market cap ($29.38 billion vs $8.49 billion), about 3.5 times the size, while CubeSmart is growing revenue faster (+5.3% vs +3.7%).
On valuation, CubeSmart trades at a lower forward P/E (23.4x vs 27.4x for Extra Space Storage). CubeSmart offers the higher dividend yield (5.63% vs 4.87%). CubeSmart converts more of its revenue into profit, with a net margin of 29.5% versus 28.8%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CUBE | EXR |
|---|---|---|
| Share price | $37.51 | $133.12 |
| Market cap | $8.49B | $29.38B |
| 1-day change | +0.75% | +1.08% |
| YTD return | +4.05% | +2.23% |
| 1-year return | -6.04% | -6.52% |
| 5-year return | -28.00% | -27.24% |
| P/E ratio (TTM) | 25.52 | 29.39 |
| Forward P/E | 23.41 | 27.44 |
| EPS (TTM) | $1.47 | $4.53 |
| Dividend yield | 5.63% | 4.87% |
| Annual dividend | $2.11 | $6.48 |
| Revenue (latest FY) | $1.12B | $3.38B |
| Revenue growth (YoY) | +5.33% | +3.70% |
| Net income (latest FY) | $331.32M | $974.00M |
| Gross margin | 68.71% | 72.82% |
| Operating margin | — | 41.83% |
| Net margin | 29.50% | 28.84% |
| 52-week high | $43.26 | $158.88 |
| 52-week low | $35.09 | $125.71 |
| Distance from 52-week high | -13.29% | -16.21% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +16.32% | +18.88% |
| Average volume | 2.40M | 1.29M |
| Shares outstanding | 225.16M | 211.27M |
| Employees | 3,121 | 8,393 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Extra Space Storage is about 3.5 times larger than CubeSmart by market value ($29.38B vs $8.49B).
About CubeSmart
CUBE stock →CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer affordable, easily accessible and, in most locations, climate-controlled storage space for residential and commercial customers.
Real Estate · Real Estate Investment Trusts · 3,121 employees
About Extra Space Storage
EXR stock →Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of June 30, 2026, the Company owned and/or operated 4,410 self-storage stores in 42 states and Washington, D.C.
Real Estate · Real Estate Investment Trusts · 8,393 employees
CUBE vs EXR FAQ
Which is bigger, CubeSmart or Extra Space Storage?
Extra Space Storage (EXR) is larger, with a market capitalization of $29.38B compared with $8.49B for CubeSmart (CUBE).
Which stock has performed better over the past year, CUBE or EXR?
CUBE returned -6.04% over the past 12 months, compared with -6.52% for EXR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CUBE or EXR?
CUBE has the lower trailing P/E at 25.5, versus 29.4 for EXR. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, CubeSmart or Extra Space Storage?
CubeSmart has the higher yield at 5.63%, compared with 4.87% for Extra Space Storage.
Are CubeSmart and Extra Space Storage in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.