CUBE CubeSmart
Price (delayed)
$38.4
Market cap
$8.75B
P/E Ratio
22.2
Dividend/share
$2.06
EPS
$1.73
Enterprise value
$11.73B
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
The price to earnings (P/E) is 37% lower than the 5-year quarterly average of 35.0 and 15% lower than the last 4 quarters average of 26.2
CUBE's equity is up by 3.1% since the previous quarter and by 2.6% year-on-year
The company's EPS fell by 4.9% YoY and by 3.4% QoQ
CubeSmart's net income has decreased by 4.8% YoY and by 2.7% from the previous quarter
Key stats
What are the main financial stats of CUBE
Market
Valuations
Earnings
Shares outstanding
227.88M
Market cap
$8.75B
Enterprise value
$11.73B
Price to earnings (P/E)
22.2
Price to book (P/B)
3.02
Price to sales (P/S)
8.15
EV/EBIT
24.33
EV/EBITDA
16.95
EV/Sales
11
Revenue
$1.07B
Gross profit
$748.48M
Operating income
$483.12M
Net income
$391.18M
EBIT
$482M
EBITDA
$691.77M
Free cash flow
$515.14M
Per share
Balance sheet
Liquidity
EPS
$1.73
EPS diluted
$1.72
Free cash flow per share
$2.28
Book value per share
$12.7
Revenue per share
$4.71
TBVPS
$28.25
Total assets
$6.39B
Total liabilities
$3.44B
Debt
$3.05B
Equity
$2.87B
Working capital
N/A
Debt to equity
1.06
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.3
Margins
Efficiency
Dividend
EBITDA margin
64.9%
Gross margin
70.2%
Net margin
36.7%
Operating margin
45.3%
Return on assets
6.3%
Return on equity
14%
Return on invested capital
5.2%
Return on capital employed
N/A
Return on sales
45.2%
Dividend yield
5.36%
DPS
$2.06
Payout ratio
119.1%
CUBE stock price
How has the CubeSmart stock price performed over time
Intraday
-2.96%
1 week
0.23%
1 month
-7.71%
1 year
-8.68%
YTD
-10.39%
QTD
-10.09%
Financial performance
How have CubeSmart's revenue and profit performed over time
Revenue
$1.07B
Gross profit
$748.48M
Operating income
$483.12M
Net income
$391.18M
Gross margin
70.2%
Net margin
36.7%
The net margin has declined by 6% year-on-year and by 2.9% since the previous quarter
CubeSmart's net income has decreased by 4.8% YoY and by 2.7% from the previous quarter
The operating margin has contracted by 4.2% YoY
The operating income has decreased by 2.8% YoY
Growth
What is CubeSmart's growth rate over time
Valuation
What is CubeSmart stock price valuation
P/E
22.2
P/B
3.02
P/S
8.15
EV/EBIT
24.33
EV/EBITDA
16.95
EV/Sales
11
The price to earnings (P/E) is 37% lower than the 5-year quarterly average of 35.0 and 15% lower than the last 4 quarters average of 26.2
The company's EPS fell by 4.9% YoY and by 3.4% QoQ
CUBE's price to book (P/B) is 21% lower than its 5-year quarterly average of 3.8 and 21% lower than its last 4 quarters average of 3.8
CUBE's equity is up by 3.1% since the previous quarter and by 2.6% year-on-year
CUBE's P/S is 22% lower than its 5-year quarterly average of 10.4 and 19% lower than its last 4 quarters average of 10.0
Efficiency
How efficient is CubeSmart business performance
The company's return on sales fell by 6% YoY and by 2.6% QoQ
CubeSmart's return on assets has decreased by 4.5% YoY and by 3.1% QoQ
The company's return on equity fell by 4.8% YoY and by 2.8% QoQ
The company's return on invested capital fell by 3.7% QoQ and by 3.7% YoY
Dividends
What is CUBE's dividend history
DPS
$2.06
Dividend yield
5.36%
Payout ratio
119.1%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did CubeSmart financials performed over time
CUBE's total assets is 86% greater than its total liabilities
The total liabilities has grown by 3.6% from the previous quarter and by 2.9% YoY
CUBE's total assets is up by 3.3% since the previous quarter and by 2.7% year-on-year
The debt is 6% greater than the equity
The debt is up by 3.8% since the previous quarter and by 2.1% year-on-year
CUBE's equity is up by 3.1% since the previous quarter and by 2.6% year-on-year
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.