CUBE CubeSmart
Price (delayed)
$42.015
Market cap
$9.57B
P/E Ratio
24.29
Dividend/share
$2.05
EPS
$1.73
Enterprise value
$12.55B
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 29% lower than the 5-year quarterly average of 35.0 and 6% 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
$9.57B
Enterprise value
$12.55B
Price to earnings (P/E)
24.29
Price to book (P/B)
3.31
Price to sales (P/S)
8.92
EV/EBIT
26.04
EV/EBITDA
18.14
EV/Sales
11.77
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
4.88%
DPS
$2.05
Payout ratio
118.5%
CUBE stock price
How has the CubeSmart stock price performed over time
Intraday
-1.63%
1 week
2.3%
1 month
1.78%
1 year
-6.7%
YTD
-1.95%
QTD
-1.63%
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
24.29
P/B
3.31
P/S
8.92
EV/EBIT
26.04
EV/EBITDA
18.14
EV/Sales
11.77
The price to earnings (P/E) is 29% lower than the 5-year quarterly average of 35.0 and 6% 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 12% lower than its 5-year quarterly average of 3.8 and 12% 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 13% lower than its 5-year quarterly average of 10.4 and 9% 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
$2.05
Dividend yield
4.88%
Payout ratio
118.5%
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.