Company Analysis

CubeSmart (CUBE)

NYSE: CUBE · Real Estate Investment Trusts · Malvern, PA · filing with the SEC since 2004
Grade6.4
◀ Past 7.2● Present 6.6▶ Future 5.3

The grade of CubeSmart

Nine metrics read from its own filings, by tense
Headline grade
6.4/10
◀ Past7.225% of the headline
● Present6.645% of the headline
▶ Future5.330% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

7.2/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.0/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 45% of this tense · 70th percentile among 174 sector filers · read for itself

From the record

CubeSmart's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
8.1/10

What has it actually done, year after year?

+9.1% a year over 9 filed years; profitable in 9 of 9.

weight 33% of this tense · 81st percentile among 156 sector filers · read for its customers

From the record

CubeSmart's 9 filed years say what it did: revenue went from $559 million in fiscal 2017 to $1.1 billion in fiscal 2025, up 9.1% a year; it rose in 8 of 8 years; it never fell from a peak; net income was positive in 9 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span9.1%top 36% of its family
  • the share of years revenue rosetop 10% of its family
  • the share of filed years with a profittop 20% of its family
  • the deepest fall from a revenue peak0.0%top 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.3/10

How has it treated the people who own it?

Share count grew 0.5% a year. 76% of cash flow returned. Insiders: 6 sales, 0 purchases.

weight 22% of this tense · 63rd percentile among 156 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, CubeSmart's diluted share count grew about 0.5% a year, and dividends and buybacks returned about 76% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 6 sales and 0 purchases of their own stock on the open market in the year to 2026-11-03 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 36% of its family
  • cash returned against operating cash flowtop 38% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.6/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
6.6/10

Is it financially healthy right now?

ROE 12%: 12¢ of profit per shareholder dollar. Leverage 59%: owes 59¢ per asset dollar.

weight 45% of this tense · 66th percentile among 171 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, CubeSmart earned about 12 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 12 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 59 cents per dollar of assets, and net share issuance: its share count grew 0.9% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 46% of its family
  • return on equitytop 16% of its family
  • gross profit against assetstop 20% of its family
  • the share count against the year beforebottom 48% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.9/10

How strong is its position in its industry?

top 41% of 157 in its family; net margin 29.5%.

weight 33% of this tense · 59th percentile among 157 sector filers · read for its customers

From the record

CubeSmart's standing among 157 graded names in its industry family: revenue of $1.1 billion in fiscal 2025 ranks in the top 34% by size; a net margin of 29.5% ranks in the top 29%; revenue growth of 3.6% a year over the last 3 filed years ranks in the bottom 41% (its annual reports).

What it rests on

  • revenue against the family$1.12Btop 34% of its family
  • net margin29.5%top 29% of its family
  • three-year revenue growth3.6%bottom 41% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
7.7/10

What are the people in charge doing?

top 23% of 160 in its family for leadership; chief executive since 2014.

weight 22% of this tense · 77th percentile among 160 sector filers · read for its shareholders

From the record

CubeSmart's leadership, from its insiders' filings and its current reports: the chief executive on the record is Marr, Christopher P (CEO, as filed), filing under that title since 2014-01-15, 12.8 years (top 29% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 9.3 years (top 33%); 1 officer or director change was reported on Form 8-K since 2023-11-13, against the 13 people in charge now (top 7%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge1 in three years among 13 peopletop 7% of its family
  • the median years the people in charge have filed9.3 yearstop 33% of its family
  • the chief executive's years on the record12.8 yearstop 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.3/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.8/10

How much room does it have to grow?

top 32% of 146 in its family for room to expand.

weight 22% of this tense · 68th percentile among 146 sector filers · read for itself

From the record

CubeSmart's room to grow, from the newest filed statements (fiscal 2025): cash of $6 million against no long-term debt tagged leaves 0.1% of its assets as net cash, top 36% of its family; cash from operations less capital spending is 54.2% of revenue (top 20%); a gross margin of 68.7% (top 40%) (its annual report).

What it rests on

  • cash less debt against assets0.1%top 36% of its family
  • cash from operations less capital spending against revenue54.2%top 20% of its family
  • gross margin68.7%top 40% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.4/10

What could actually drive growth from here?

top 46% of 153 in its family for growth drivers.

weight 33% of this tense · 54th percentile among 153 sector filers · read for its customers

From the record

CubeSmart's growth drivers, from the filed years to fiscal 2025: revenue grew 3.6% a year over the last three filed years against 9.1% over all 9, slowing (bottom 30% of its family); the newest year grew 5.3% (top 38%); capital spending grew 21.1% a year (top 31%) (its annual reports). CubeSmart tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-5.5 points a yearbottom 30% of its family
  • the newest year's revenue growth5.3%top 38% of its family
  • three-year growth of capital spending21.1%top 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.6/10

Did its newest year beat what its own record pointed to?

bottom 46% of 150 in its family for expectations against reality.

weight 45% of this tense · 46th percentile among 150 sector filers · read for its shareholders

From the record

CubeSmart's newest year against its own record: revenue of $1.1 billion in fiscal 2025 came in 2.5% above the $1.1 billion its prior three years' pace pointed to (top 27% of its family); net income of $331 million against a prior three-year average of $366 million (bottom 37%); a net margin of 29.5% against 35% before (bottom 27%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace2.5%top 27% of its family
  • net income against the prior three years' average-9%bottom 37% of its family
  • net margin against its prior average-5.5 pointsbottom 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton CUBE · research, not advice