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

45.32 0.05 −0.11%
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) Net margin

Alert me on Net margin

CubeSmart's net margin over the twelve months to 30 September 2026 was 30.2%, up 0.4 percentage points from fiscal 2025 (29.7%). Over the past ten years it has ranged from 15.7% (fiscal 2016) to 39.1% (fiscal 2023); the current reading is higher than 82% of that period. That is in line with the Reit Industrial industry median of 30.0% and above the Real Estate sector median of 4.66%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 29.7% (6.97)
FY2024 36.7% (2.42)
FY2023 39.1% 10.26
FY2022 28.9% 1.68
FY2021 27.2% 2.78
FY2020 24.4% (1.87)
FY2019 26.3% (1.15)
FY2018 27.4% 3.38
FY2017 24.0% 8.36
FY2016 15.7% (0.46)

Quarterly newest first

Period Net margin Change (points)
Sep 2026 32.1% 0.83
Jun 2026 31.3% 1.87
Mar 2026 29.4% 1.56
Dec 2025 27.8% (1.25)
43 more quarters

Against its own ten years

Low 15.7% High 39.1%
Ten-year median 27.2%
Current reading's percentile 74

Net margin against peers

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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