CubeSmart Financial Ratios
NYSE: CUBEReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
CubeSmart ratio analysis
CubeSmart earned a net margin of 29.5% in FY 2025, down from 36.8% a year earlier. Gross margin was 68.7% compared with a median of 67.5% over the prior 9 years. Return on equity reached 12.2%, meaning CubeSmart generated 0.12 dollars of profit for every dollar of shareholders' equity.
At the end of FY 2025, CUBE traded at 24.2 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 24.2 to 59.5, with a median of 34.0. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
CubeSmart financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 24.25 | 24.60 | 25.47 | 31.20 | 52.21 | 39.54 | 35.94 | 31.97 | 39.08 | 59.49 |
| Price / sales | 7.21 | 8.98 | 9.95 | 8.97 | 14.10 | 9.61 | 9.38 | 8.69 | 9.34 | 9.36 |
| Price / book | 2.98 | 3.34 | 3.73 | 3.20 | 4.04 | 3.56 | 3.36 | 3.04 | 3.20 | 2.88 |
| Gross margin | 68.7% | 70.2% | 71.9% | 71.0% | 69.4% | 67.1% | 67.4% | 67.1% | 67.5% | 67.5% |
| Operating margin | — | — | — | — | — | — | — | — | 35.0% | 28.0% |
| Net margin | 29.5% | 36.8% | 39.3% | 29.0% | 28.1% | 24.7% | 26.5% | 27.4% | 24.0% | 17.2% |
| Free cash flow margin | 51.7% | 55.2% | 53.7% | 56.2% | 46.1% | 43.5% | 33.2% | 12.8% | 37.8% | 24.8% |
| Return on equity (ROE) | 12.2% | 13.6% | 14.7% | 10.3% | 8.0% | 9.1% | 9.5% | 9.6% | 8.2% | 5.3% |
| Return on assets (ROA) | 5.0% | 6.1% | 6.6% | 4.6% | 3.5% | 3.5% | 4.2% | 4.4% | 3.8% | 2.5% |
| Revenue growth | 5.3% | 1.5% | 4.0% | 22.7% | 21.1% | 5.5% | 7.7% | 7.0% | 9.6% | 14.7% |
| EPS growth | -15.1% | -5.5% | 41.1% | 18.3% | 28.2% | -3.4% | 0.0% | 18.9% | 64.4% | 7.1% |