CubeSmart
Close on Oct 19, 2026
- Market cap
- $8.76B
- P/E (TTM)
- 26.6
- Dividend yield
- 5.42%
About CubeSmart
Real Estate Investment Trusts, SIC 6798
CubeSmart operates as a real estate investment trust focused on the ownership, operation, management, and acquisition of self-storage properties. The enterprise conducts substantially all of its operations and holds its real estate assets and joint ventures through its operating partnership, CubeSmart, L.P. The business generates revenue primarily by renting self-storage space and providing third-party property management services for storage facilities. Its rental storage units and related services serve individual consumer, residential, and commercial business customers seeking storage solutions.
The company maintains a significant national presence across the United States, owning, operating, and managing self-storage properties across numerous states including Arizona, California, Connecticut, Florida, Illinois, New York, Oregon, Pennsylvania, and Texas, among others. The company's principal executive offices and corporate headquarters are located in Malvern, Pennsylvania.
Summary of the business section of CubeSmart's latest annual report, written by StockData.
Company profile
Company
- Legal name
- CubeSmart
- Founded
- 2004
- Headquarters
- Malvern, PA
- Address
- 5 Old Lancaster Road 19355
- Phone
- (610) 535-5700
- Website
- www.cubesmart.com
- Employees
- 3,121, Dec 31, 2025
- Industry
- Real Estate Investment Trusts
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Philadelphia, Pennsylvania
Stock & identifiers
- Ticker
- CUBE
- Exchange
- NYSE
- IPO date
- Oct 25, 2004
- Shares outstanding
- 225M, Jul 29, 2026
- Public float
- $9.66B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1298675
- CUSIP
- 229663109
- ISIN
- US2296631094
- LEI
- 549300MPHKO3I3FJRA97
- EIN
- 20-1024732
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Christopher P. Marr | CEO, Director | 896,406 |
| Jennifer Schulte | Chief Human Resources Officer | 18,745 |
| Timothy M. Martin | CFO | 382,063 |
| Jeffrey P. Foster | CLO & Secretary | 228,205 |
| Matthew D. DeNarie | Chief Accounting Officer | 24,344 |
| Joel D. Keaton | COO | 80,836 |
| Dororthy Dowling | Director | 34,598 |
| Jair K. Lynch | Director | 14,465 |
| Jennie Weber | Director | 4,044 |
| Jit Kee Chin | Director | 13,682 |
| Martin P. Connor | Director | 4,044 |
| John F. Remondi | Director | 77,969 |
| Piero Bussani | Director | 68,966 |
| Jeffrey F. Rogatz | Director | 58,114 |
| John W. Fain | Director | 44,834 |
| Deborah Ratnersalzberg | Director | 37,203 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Marr | $9.18M | $5.30M | $2.16M | $131 | $127 |
| FY2024 Mr. Marr | $8.00M | $6.22M | $2.28M | $148 | $124 |
| FY2023 Mr. Marr | $6.72M | $9.35M | $1.92M | $155 | $118 |
| FY2022 Mr. Marr | $7.29M | $1.05M | $2.12M | $129 | $106 |
| FY2021 Mr. Marr | $7.32M | $22.34M | $2.00M | $175 | $141 |
| FY2020 Mr. Marr | $5.81M | $8.61M | $1.65M | $112 | $95 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed 3,121 teammates, all within the United States.”
Corporate history
Events identified from SEC filings