CubeSmart (CUBE) vs Public Storage (PSA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Public Storage (PSA) has outperformed CubeSmart (CUBE) over the past year, losing 3.9% versus a loss of 7.0%. Over five years, PSA leads with a -11.7% price change compared with -28.5% for CUBE. Public Storage is the larger company by market cap ($52.69 billion vs $8.43 billion), about 6.3 times the size, while CubeSmart is growing revenue faster (+5.3% vs +2.7%).
On valuation, CubeSmart trades at a lower forward P/E (23.2x vs 28.6x for Public Storage). CubeSmart offers the higher dividend yield (5.67% vs 4.26%). Public Storage converts more of its revenue into profit, with a net margin of 37.0% versus 29.5%.
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 | PSA |
|---|---|---|
| Share price | $37.23 | $281.99 |
| Market cap | $8.43B | $52.69B |
| 1-day change | -1.40% | -1.35% |
| YTD return | +3.27% | +8.67% |
| 1-year return | -7.02% | -3.93% |
| 5-year return | -28.54% | -11.72% |
| P/E ratio (TTM) | 25.85 | 26.93 |
| Forward P/E | 23.24 | 28.62 |
| EPS (TTM) | $1.44 | $10.47 |
| Dividend yield | 5.67% | 4.26% |
| Annual dividend | $2.11 | $12.00 |
| Revenue (latest FY) | $1.12B | $4.82B |
| Revenue growth (YoY) | +5.33% | +2.74% |
| Net income (latest FY) | $331.32M | $1.78B |
| Gross margin | 68.71% | — |
| Net margin | 29.50% | 36.99% |
| 52-week high | $43.26 | $335.55 |
| 52-week low | $35.09 | $256.54 |
| Distance from 52-week high | -13.94% | -15.96% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +17.19% | +18.82% |
| Average volume | 2.38M | 978.28K |
| Shares outstanding | 225.16M | 186.85M |
| Employees | 3,121 | 5,770 |
| 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
- Public Storage is about 6.3 times larger than CubeSmart by market value ($52.69B vs $8.43B).
- CubeSmart offers a meaningfully higher dividend yield (5.67% vs 4.26%).
- Public Storage is more profitable, keeping 37.0 cents of every revenue dollar as net income versus 29.5 cents for CubeSmart.
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 Public Storage
PSA stock →Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At June 30, 2026, The firm: (i) owned and/or operated 3,584 self-storage facilities located in 40 states with approximately 259 million net rentable square feet in the United States and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 335 self-storage facilities located in seven Western European countries with approximately 19 million net rentable square feet operated under the Shurgard brand.
Real Estate · Real Estate Investment Trusts · 5,770 employees
CUBE vs PSA FAQ
Which is bigger, CubeSmart or Public Storage?
Public Storage (PSA) is larger, with a market capitalization of $52.69B compared with $8.43B for CubeSmart (CUBE).
Which stock has performed better over the past year, CUBE or PSA?
PSA returned -3.93% over the past 12 months, compared with -7.02% for CUBE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CUBE or PSA?
CUBE has the lower trailing P/E at 25.9, versus 26.9 for PSA. 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 Public Storage?
CubeSmart has the higher yield at 5.67%, compared with 4.26% for Public Storage.
Are CubeSmart and Public Storage in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.