CUBE - NYSE

CubeSmart

CUBE·NYSE

$39.59

-0.50%

Real EstateREIT - Industrial

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 secure storage space for residential and commercial customers. According to the 2020 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$9.01B

EPS1.4600

P/E Ratio27.12

Earnings Date07/30/2026

6.64B

Assets

3Y+5.0%

5Y+39.0%

10Y+91.0%

3.86B

Total Liabilities

12%

3Y+13.0%

5Y+44.0%

10Y+119.0%

2.78B

Total Equity

-6%

3Y-4.0%

5Y+33.0%

10Y+62.0%

CubeSmart Funding & Solvency Profile

CUBE · NYSE

Current Assets

Cash & Cash Equivalents5.78M

Net Receivables33.85M

Inventory0.00

Other Current Assets4.45M

Total Current Assets44 M

Non-Current Assets

Property, Plant & Equipment48.42M

Goodwill & Intangible Assets7.79M

Long-Term Investments6.45B

Other Non-Current Assets93.01M

Total Non-Current Assets7 B

Total Assets

6.64B

Financial Health Analysis

Current Ratio

0.13x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

1.39x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

-301821000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

1% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Negative working capital with limited cash reserves requires immediate attention—potential liquidity crisis if not addressed promptly.

CubeSmart Balance Sheet

CUBE • NYSE

CubeSmart Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	5.8M	71.6M	6.5M	6.1M	11.1M	3.6M	54.9M	3.8M	5.3M	3M	62.9M	2.9M	3.2M	4.5M	9.1M	5.9M	102.8M	3.7M	4.5M	19.7M
Cash & Short-Term Investments	5.8M	71.6M	6.5M	6.1M	11.1M	3.6M	54.9M	3.8M	5.3M	3M	62.9M	2.9M	3.2M	4.5M	9.1M	5.9M	102.8M	3.7M	4.5M	19.7M
Net Receivables	33.9M	40.5M	33.2M	30M	23.6M	19M	16.8M	16.3M	13M	7.8M	5M	4.2M	5M	10.2M	3.7M	0.0	20.1M	0.0	0.0	0.0
Accounts Receivables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Receivables	33.9M	40.5M	33.2M	30M	23.6M	19M	16.8M	16.3M	13M	5.1M	0.0	4.2M	5M	10.2M	3.7M	0.0	20.1M	0.0	2.6M	4.3M
Prepaids	0.0	15M	13.1M	10.2M	10.3M	9M	6.9M	5.9M	6.1M	4.7M	3.9M	4M	3.2M	3.4M	2.5M	0.0	0.0	0.0	0.0	0.0
Other Current Assets	4.5M	69.9M	61.7M	62.2M	111.8M	19.8M	16.9M	12.4M	13.3M	14.6M	24.6M	3.3M	4M	6.1M	11.3M	10.3M	-3.7M	34M	-4.5M	-19.7M
Total Current Assets	44.1M	197M	114.5M	108.4M	156.8M	51.4M	95.5M	38.3M	37.6M	30.1M	96.5M	14.4M	15.4M	24.1M	26.5M	16.1M	119.1M	37.7M	0.0	0.0
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	48.4M	49.4M	50.5M	49.5M	54.7M	55.3M	41.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.8B	1.4B	1.4B	1.6B	1.6B	1.6B
Intangible Assets	7.8M	10.3M	1.8M	1.2M	108.8M	57.8M	10.3M	8.1M	1.7M	8.3M	12.8M	22.5M	9.5M	21.7M	0.0	0.0	0.0	0.0	0.0	0.0
Goodwill & Intangible Assets	7.8M	10.3M	1.8M	1.2M	108.8M	57.8M	10.3M	8.1M	1.7M	8.3M	12.8M	22.5M	9.5M	21.7M	0.0	0.0	0.0	0.0	0.0	0.0
Long-Term Investments	6.4B	92M	98.3M	106M	119.8M	97.1M	96.1M	100.8M	91.2M	98.7M	97.3M	95.7M	156.3M	0.0	15.2M	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	93M	6B	6B	6.1B	6.1B	4.5B	3.8B	3.6B	3.4B	3.3B	2.9B	2.7B	2.2B	2.1B	22.3M	34.2M	49.2M	0.0	-1.6B	-1.6B
Total Non-Current Assets	6.6B	6.2B	6.1B	6.2B	6.4B	4.7B	3.9B	3.7B	3.5B	3.4B	3B	2.8B	2.3B	2.1B	1.8B	1.5B	1.5B	1.6B	0.0	0.0
Other Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	34M	36.2M	28.8M
Total Assets	6.6B	6.4B	6.2B	6.3B	6.5B	4.8B	4B	3.8B	3.5B	3.5B	3.1B	2.8B	2.4B	2.2B	1.9B	1.5B	1.6B	1.6B	1.7B	1.6B
LIABILITIES
CURRENT LIABILITIES
Total Payables	0.0	349.2M	317.2M	325.6M	297.4M	227.4M	202.6M	210.5M	198.6M	143M	123.7M	97.3M	77.6M	77.1M	62.4M	43.4M	36.2M	41M	45M	22.6M
Accounts Payable	0.0	229.6M	201.4M	214.4M	200M	159.1M	137.9M	149.9M	143.3M	93.8M	85M	69.2M	57.6M	60.7M	51M	36.2M	33.8M	0.0	0.0	0.0
Other Payables	0.0	119.6M	115.8M	111.2M	97.4M	68.3M	64.7M	60.6M	55.3M	49.2M	38.7M	28.1M	20M	16.4M	11.4M	7.3M	2.4M	41M	45M	22.6M
Short Term Debt	345.9M	0.0	18.1M	60.9M	209.9M	117.8M	0.0	195.5M	81.7M	43.3M	0.0	78M	38.6M	45M	0.0	0.0	569M	548.1M	219M	0.0
Deferred Revenue	0.0	38.9M	38.5M	38.8M	37.1M	29.1M	25.3M	22.6M	21.5M	20.2M	17.5M	15.3M	12.4M	11.1M	9.6M	8.9M	8.4M	9.7M	10.1M	9.7M
Other Current Liabilities	0.0	0.0	0.0	1.8M	2.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-577.5M	494K	-274.2M	-22.6M
Total Current Liabilities	345.9M	388.1M	373.8M	427M	546.9M	374.3M	227.9M	428.7M	301.9M	206.5M	141.2M	190.6M	128.5M	133.2M	72M	43.4M	36.2M	599.3M	0.0	0.0
NON-CURRENT LIABILITIES
Long Term Debt	3B	3B	2.9B	2.9B	2.9B	2.2B	1.9B	1.6B	1.6B	1.6B	1.3B	1.1B	1.1B	978.8M	758.4M	615.5M	769M	429.4M	808.5M	879.4M
Deferred Revenue (Non-Current)	41.6M	0.0	0.0	0.0	37.1M	29.1M	25.3M	22.6M	21.5M	20.2M	17.5M	15.3M	12.4M	11.1M	9.6M	8.9M	8.4M	0.0	10.1M	9.7M
Other Non-Current Liabilities	301.7M	0.0	0.0	0.0	-36.1M	-28M	-24.8M	-22.1M	-21M	-19.8M	-17.1M	-14.9M	-12M	-10.6M	-9.1M	45.6M	45.9M	46M	-818.6M	-889.2M
Total Non-Current Liabilities	3.5B	3.1B	3B	3B	3B	2.3B	1.9B	1.6B	1.6B	1.6B	1.3B	1.1B	1.1B	979.2M	758.9M	670M	823.3M	475.4M	0.0	0.0
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	41.5M	-10.1M	-9.7M
Capital Lease Obligations	173.4M	65.7M	65.7M	65.8M	65.8M	65.6M	46.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	3.9B	3.4B	3.3B	3.4B	3.5B	2.7B	2.2B	2B	1.9B	1.8B	1.4B	1.3B	1.2B	1.1B	880.7M	713.4M	859.5M	1B	1B	889.5M
SHAREHOLDERS' EQUITY
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	31K	31K	31K	31K	31K	0.0	0.0	0.0	0.0	0.0
Common Stock	2.3M	2.3M	2.2M	2.2M	2.2M	2M	1.9M	1.9M	1.8M	1.8M	1.7M	1.6M	1.4M	1.3M	1.2M	986K	927K	576K	576K	573K
Additional Paid-In Capital	4.3B	4.3B	4.1B	4.1B	4.1B	2.8B	2.7B	2.5B	2.4B	2.3B	2.2B	2B	1.5B	1.4B	1.3B	1B	974.9M	801M	797.9M	794.6M
Retained Earnings	-1.6B	-1.4B	-1.3B	-1.3B	-1.2B	-974.8M	-876.6M	-791.9M	-729.3M	-658.6M	-584.7M	-519.2M	-440.8M	-410.2M	-342M	-302.6M	-279.7M	-271.1M	-241.2M	-167.7M
Accumulated Other Comprehensive Income/Loss	-249K	-330K	-411K	-491K	-570K	-632K	-729K	-1M	3K	-1.9M	-5M	-8.8M	-11M	-19.8M	-12.8M	-1.1M	-874K	-7.6M	-1.7M	0.0
Other Total Stockholders' Equity	-249K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Stockholders' Equity	2.7B	2.9B	2.8B	2.8B	2.9B	1.8B	1.8B	1.7B	1.6B	1.7B	1.6B	1.4B	1.1B	989.8M	955.9M	724.2M	695.3M	522.9M	555.6M	627.5M
Total Equity	2.8B	3B	2.9B	2.9B	3B	2.1B	1.9B	1.8B	1.7B	1.7B	1.7B	1.5B	1.1B	1B	995.3M	765.4M	739.3M	569M	604.6M	684.4M
Minority Interest	62.6M	82M	82M	71.6M	126.8M	258M	70.1M	62.6M	60.6M	60.3M	67.7M	51.4M	37.2M	48.1M	39.4M	41.2M	44M	46M	49M	56.9M
SUMMARY
Total Liabilities & Equity	6.6B	6.4B	6.2B	6.3B	6.5B	4.8B	4B	3.8B	3.5B	3.5B	3.1B	2.8B	2.4B	2.2B	1.9B	1.5B	1.6B	1.6B	1.7B	1.6B
Total Investments	6.4B	92M	98.3M	106M	119.8M	97.1M	96.1M	100.8M	91.2M	98.7M	97.3M	95.7M	156.3M	0.0	15.2M	0.0	0.0	0.0	0.0	0.0
Total Debt	3.5B	3.1B	3B	3.1B	3.2B	2.4B	1.9B	1.7B	1.6B	1.6B	1.3B	1.2B	1.1B	1B	758.4M	615.5M	1.3B	977.5M	1B	879.4M
Net Debt	3.5B	3B	3B	3.1B	3.2B	2.4B	1.9B	1.7B	1.6B	1.6B	1.2B	1.2B	1.1B	1B	749.4M	609.6M	1.2B	973.8M	1B	859.7M
Shares Outstanding	228,035,931	228,035,931	228,035,931	228,035,931	228,035,931	228,035,931	228,035,931	228,035,931	228,035,931	228,035,931	228,035,931	228,035,931	228,035,931	228,035,931	228,035,931	228,035,931	228,035,931	228,035,931	228,035,931	228,035,931

SEC Filings

CUBE - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	June 01, 2026	June 01, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 19, 2026	May 19, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 14, 2026	May 14, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 04, 2026	May 04, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 01, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 01, 2026	April 30, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 03, 2026	May 19, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 02, 2026	March 02, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 02, 2026	March 02, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 27, 2026	December 31, 2025	2025	View Filing

Showing 1 to 10 of 444 filings

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