CUBENYSEReal Estate Investment TrustsFiscal year ends December 31

CubeSmart

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026

$38.58−0.41 (-1.05%)

Close on Oct 19, 2026

Market cap: $8.76B
P/E (TTM): 26.6
Dividend yield: 5.42%

CubeSmart balance sheet

Annual Quarterly

Millions of USD, except per-share data. Shares in millions.

Line item	Q2 2026 2026-06-30	Q1 2026 2026-03-31	Q4 2025 2025-12-31	Q3 2025 2025-09-30	Q2 2025 2025-06-30	Q1 2025 2025-03-31	Q4 2024 2024-12-31	Q3 2024 2024-09-30	Q2 2024 2024-06-30	Q1 2024 2024-03-31	Q4 2023 2023-12-31	Q3 2023 2023-09-30	Q2 2023 2023-06-30	Q1 2023 2023-03-31	Q4 2022 2022-12-31	Q3 2022 2022-09-30	Q2 2022 2022-06-30	Q1 2022 2022-03-31	Q4 2021 2021-12-31	Q3 2021 2021-09-30	Q2 2021 2021-06-30	Q1 2021 2021-03-31	Q4 2020 2020-12-31	Q3 2020 2020-09-30	Q2 2020 2020-06-30	Q1 2020 2020-03-31	Q4 2019 2019-12-31	Q3 2019 2019-09-30	Q2 2019 2019-06-30	Q1 2019 2019-03-31	Q4 2018 2018-12-31	Q3 2018 2018-09-30	Q2 2018 2018-06-30	Q1 2018 2018-03-31	Q4 2017 2017-12-31	Q3 2017 2017-09-30	Q2 2017 2017-06-30	Q1 2017 2017-03-31	Q4 2016 2016-12-31	Q3 2016 2016-09-30
Cash & Equivalents	14	7.26	5.78	108	14	16	78	45	7.27	7.61	8.22	9.90	11	8.78	8.93	8.20	8.10	10	13	60	6.23	5.99	6.23	6.72	3.46	6.39	58	13	15	6.54	6.48	6.48	9.52	8.98	9.16	10	12	3.08	11	87
Cash & Short-Term Investments	14	7.26	5.78	108	14	16	78	45	7.27	7.61	8.22	9.90	11	8.78	8.93	8.20	8.10	10	13	60	6.23	5.99	6.23	6.72	3.46	6.39	58	13	15	6.54	6.48	6.48	9.52	8.98	9.16	10	12	3.08	11	87
Receivables	9.65	8.93	9.70	9.83	9.91	9.10	10	9.86	9.21	7.91	8.94	8.56	7.67	7.20	7.93	8.19	8.51	7.99	8.15	6.81	5.91	5.31	5.83	–	–	–	6.39	–	–	–	5.67	–	–	–	5.50	–	–	–	4.43	–
Equity Method Investments	73	75	74	74	75	76	92	92	94	96	98	100	101	104	106	108	115	117	120	111	97	94	92	92	94	95	91	89	87	94	96	98	101	99	91	91	94	96	99	97
Operating Lease Right-of-Use Assets	47	48	48	49	49	49	49	50	50	50	50	50	50	49	49	50	50	50	55	54	55	55	55	36	41	42	42	42	42	56	56	–	–	–	–	–	–	–	–	–
Intangible Assets	1.12	1.79	7.79	15	26	37	10	0.62	1.33	2.04	1.81	–	–	0.54	1.18	21	51	79	109	19	30	43	58	–	–	–	10	–	–	–	8.15	–	–	–	1.72	–	–	–	8.28	–
Total Assets	6,585	6,598	6,643	6,758	6,709	6,740	6,394	6,192	6,184	6,209	6,225	6,233	6,281	6,291	6,326	6,371	6,429	6,462	6,548	4,836	4,771	4,754	4,778	4,029	4,024	4,003	4,030	3,950	3,947	3,814	3,753	3,640	3,585	3,566	3,545	3,503	3,493	3,466	3,475	3,519
Operating Lease Liabilities	–	–	50	–	–	–	50	–	–	–	50	–	–	–	49	–	–	–	54	53	53	54	54	41	46	46	46	46	46	61	61	–	–	–	–	–	–	–	–	–
Total Liabilities	3,948	3,893	3,861	3,903	3,820	3,817	3,440	3,320	3,337	3,347	3,344	3,360	3,402	3,404	3,428	3,447	3,526	3,522	3,550	2,551	2,574	2,590	2,688	2,215	2,204	2,159	2,160	2,064	2,105	2,045	1,981	1,880	1,827	1,891	1,856	1,831	1,812	1,774	1,759	1,707
Preferred Stock	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.03
Common Stock	2.26	2.27	2.27	2.28	2.28	2.28	2.28	2.26	2.25	2.25	2.25	2.25	2.25	2.25	2.25	2.25	2.25	2.24	2.24	2.03	2.02	2.00	1.97	1.94	1.94	1.94	1.94	1.94	1.92	1.88	1.87	1.86	1.86	1.82	1.82	1.81	1.80	1.80	1.80	1.80
Additional Paid-In Capital	4,310	4,304	4,303	4,296	4,293	4,288	4,286	4,195	4,154	4,145	4,142	4,137	4,133	4,129	4,125	4,122	4,114	4,112	4,088	3,038	2,962	2,910	2,806	2,683	2,680	2,676	2,675	2,673	2,611	2,520	2,501	2,473	2,459	2,357	2,357	2,324	2,306	2,313	2,314	2,382
Retained Earnings	-1,733	-1,657	-1,585	-1,516	-1,481	-1,446	-1,416	-1,412	-1,386	-1,365	-1,345	-1,332	-1,333	-1,323	-1,301	-1,272	-1,292	-1,267	-1,218	-1,113	-1,117	-1,034	-975	-947	-921	-895	-877	-861	-838	-823	-792	-780	-774	-748	-729	-708	-692	-681	-659	-634
Comprehensive Income & Other	-0.21	-0.23	-0.25	-0.27	-0.29	-0.31	-0.33	-0.35	-0.37	-0.39	-0.41	-0.43	-0.45	-0.47	-0.49	-0.51	-0.53	-0.55	-0.57	-0.58	-0.59	-0.61	-0.63	-0.67	-0.69	-0.71	-0.73	-0.75	-0.77	-0.79	-1.03	–	–	0.28	0.00	-0.36	-0.67	-1.02	-1.85	-3.25
Shareholders' Equity	2,579	2,649	2,719	2,782	2,814	2,844	2,872	2,786	2,770	2,782	2,799	2,807	2,801	2,808	2,826	2,852	2,824	2,847	2,872	1,926	1,847	1,878	1,832	1,736	1,761	1,782	1,799	1,814	1,774	1,697	1,710	1,695	1,687	1,610	1,629	1,617	1,615	1,633	1,655	1,746
Noncontrolling Interest	19	19	26	28	29	30	31	21	21	22	22	14	14	14	14	14	16	16	19	20	14	8.60	8.63	7.94	7.97	7.97	7.99	8.00	6.10	11	6.77	6.85	6.91	6.97	6.24	5.98	5.89	6.21	5.86	5.56
Total Equity	2,598	2,669	2,746	2,810	2,842	2,874	2,903	2,806	2,791	2,804	2,821	2,821	2,816	2,822	2,840	2,866	2,840	2,863	2,890	1,946	1,860	1,886	1,841	1,744	1,769	1,790	1,807	1,822	1,780	1,709	1,716	1,702	1,693	1,617	1,635	1,623	1,621	1,639	1,661	1,752
Total Liabilities & Equity	6,585	6,598	6,643	6,758	6,709	6,740	6,394	6,192	6,184	6,209	6,225	6,233	6,281	6,291	6,326	6,371	6,429	6,462	6,548	4,836	4,771	4,754	4,778	4,029	4,024	4,003	4,030	3,950	3,947	3,814	3,753	3,640	3,585	3,566	3,545	3,503	3,493	3,466	3,475	3,519
Shares Outstanding(shares)	226	226	227	228	228	228	228	226	225	225	225	225	225	225	225	225	224	224	224	203	202	200	197	194	194	194	194	194	192	188	187	186	186	182	182	181	180	180	180	180

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 67.8%
Operating margin: –
Net margin: –
Return on equity, FY2025: –

Financial strength

Current ratio: –
Debt to equity: –
Debt to assets: –
Cash to current liabilities: –

Valuation

P/E ratio: 26.6
Price to sales: 7.71
Price to book: 3.40
Dividend yield: 5.42%