CubeSmart

CUBE Real Estate Reit Industrial

CubeSmart’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, up 5.33% from fiscal 2024.

Revenue
+3.12%
EPS
+16.1%
Free cash flow
−5.37%
Total debt
+3.13%

Quarter to September 2026, against a year earlier

44.93 0.44 −0.97%
Market cap
$10.2B
P/E
29.8×
Fwd P/E
27.9×
Dividend yield
4.68%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

CubeSmart (CUBE) Gross margin

Alert me on Gross margin

CubeSmart's gross margin over the twelve months to 30 September 2026 was 67.7%, down 1.1 percentage points from fiscal 2025 (68.7%). Over the past ten years it has ranged from 65.5% (fiscal 2015) to 71.9% (fiscal 2023); the current reading is higher than 64% of that period. That is below the Reit Industrial industry median of 73.8% and above the Real Estate sector median of 62.8%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 68.7% (1.49)
FY2024 70.2% (1.73)
FY2023 71.9% 0.98
FY2022 71.0% 1.60
FY2021 69.4% 2.28
FY2020 67.1% (0.36)
FY2019 67.4% 0.35
FY2018 67.1% (0.45)
FY2017 67.5% 0.05
FY2016 67.5% 1.94

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 67.4% 0.94
Jun 2026 66.5% (1.57)
Mar 2026 68.1% (0.61)
Dec 2025 68.7% 0.53
43 more quarters

Against its own ten years

Low 65.5% High 71.9%
Ten-year median 67.5%
Current reading's percentile 49

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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