CUBE CubeSmart

Price (delayed)

$46.55

Market cap

$10.46B

P/E Ratio

36.09

Dividend/share

$1.78

EPS

$1.29

Enterprise value

$13.51B

CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,238 self-storage properties across the United States. According to the 2020 Self Storage Almanac, CubeSmart is ...

Highlights
CubeSmart's net income has increased by 30% YoY and by 14% from the previous quarter
CUBE's gross profit is up by 26% year-on-year and by 4.3% since the previous quarter

Key stats

What are the main financial stats of CUBE
Market
Shares outstanding
224.63M
Market cap
$10.46B
Enterprise value
$13.51B
Valuations
Price to earnings (P/E)
36.09
Price to book (P/B)
3.7
Price to sales (P/S)
10.37
EV/EBIT
35.13
EV/EBITDA
19.33
EV/Sales
13.38
Earnings
Revenue
$1.01B
EBIT
$384.55M
EBITDA
$699.05M
Free cash flow
$480.06M
Per share
EPS
$1.29
Free cash flow per share
$2.13
Book value per share
$12.58
Revenue per share
$4.49
TBVPS
$28.12
Balance sheet
Total assets
$6.33B
Total liabilities
$3.43B
Debt
$3.06B
Equity
$2.83B
Working capital
N/A
Liquidity
Debt to equity
1.08
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.37
Margins
EBITDA margin
69.2%
Gross margin
71%
Net margin
28.8%
Operating margin
34.8%
Efficiency
Return on assets
4.6%
Return on equity
10.3%
Return on invested capital
4%
Return on capital employed
N/A
Return on sales
38.1%
Dividend
Dividend yield
3.82%
DPS
$1.78
Payout ratio
138%

CUBE stock price

How has the CubeSmart stock price performed over time
Intraday
0.41%
1 week
0.04%
1 month
2.71%
1 year
-7.77%
YTD
15.65%
QTD
15.65%

Financial performance

How have CubeSmart's revenue and profit performed over time
Revenue
$1.01B
Gross profit
$716.36M
Operating income
$351.13M
Net income
$291.26M
Gross margin
71%
Net margin
28.8%
CubeSmart's net income has increased by 30% YoY and by 14% from the previous quarter
CUBE's gross profit is up by 26% year-on-year and by 4.3% since the previous quarter
The revenue is up by 23% year-on-year and by 4% since the previous quarter
The operating income has increased by 21% YoY and by 9% QoQ

Growth

What is CubeSmart's growth rate over time

Valuation

What is CubeSmart stock price valuation
P/E
36.09
P/B
3.7
P/S
10.37
EV/EBIT
35.13
EV/EBITDA
19.33
EV/Sales
13.38
The company's EPS rose by 17% YoY and by 13% QoQ
The price to earnings (P/E) is 8% lower than the last 4 quarters average of 39.0 and 7% lower than the 5-year quarterly average of 38.6
CUBE's price to book (P/B) is 5% higher than its last 4 quarters average of 3.5 and 2.2% higher than its 5-year quarterly average of 3.6
The revenue is up by 23% year-on-year and by 4% since the previous quarter

Efficiency

How efficient is CubeSmart business performance
CubeSmart's return on assets has increased by 18% QoQ and by 7% YoY
The company's return on equity rose by 16% QoQ
The company's return on invested capital rose by 11% QoQ and by 2.6% YoY
The company's return on sales rose by 7% QoQ and by 3.8% YoY

Dividends

What is CUBE's dividend history
DPS
$1.78
Dividend yield
3.82%
Payout ratio
138%
Recent dividends

Financial health

How did CubeSmart financials performed over time
CUBE's total assets is 85% greater than its total liabilities
The total liabilities has contracted by 3.4% YoY
CUBE's total assets is down by 3.4% year-on-year
The debt is 8% greater than the equity
The debt has declined by 4.7% year-on-year
CubeSmart's debt to equity has decreased by 3.6% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.