CUBE
CubeSmartNYSE
Real Estate • REIT - Industrial
Factor tilt: Large-Cap Blend
$45.02-0.77%
Close Nov 6, 2026
- Market cap
- $10.19B
- 1 month
- +20.0%
- 3 months
- +9.8%
- 1 year
- +19.3%
- 52-week range
- $35.36$45.89
- Dividend, last 12 mo
- $2.12 · 4.71% yield
- Last ex-date
- Oct 1, 2026 · $0.53
- Dividend growth
- 1 year in a row
- Short interest
- 4.0% of float8.4M shares · settled Oct 15, 2026 · -4.5% since Sep 30, 2026 · FINRA
Fundamentals · trailing 12 months to Sep 30, 2026
- Revenue
- $1.15B
- Net income
- $345.52M
- Free cash flow
- $585.99M
- Book value
- $2.48B
- Total debt
- $3.6B
- P/E
- 29.5×
- Price / sales
- 8.9×
- Price / book
- 4.1×
- FCF yield
- +5.7%
- Net margin
- +30.2%
EODHD (TTM) · as of Nov 9, 2026
End-of-day close from stored market data, not a live quote.
About CubeSmart
CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer affordable, easily accessible and, in most locations, climate-controlled storage space for residential and commercial customers. According to the 2026 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States.
Read more
CubeSmart was incorporated in 2004 in Maryland and is based in Malvern, Pennsylvania.
- Website
- cubesmart.com
- Headquarters
- Malvern, PA, United States
- Employees
- 3,121
- Listed
- Oct 22, 2004
- Fiscal year ends
- December
Company profile from EODHD, stored Nov 1, 2026.
Quarterly results
The last 8 fiscal quarters from EODHD’s latest stored vendor-normalized figures. These may include restatements. Year over year compares the same quarter a year earlier.
| Quarter | Revenue | YoY | Gross margin | Op. income | Net income |
|---|---|---|---|---|---|
| Sep 2026filed Oct 30, 2026 | $294.0M | +3.1% | 67.4% | $125.7M | $94.4M |
| Jun 2026filed Jul 31, 2026 | $286.5M | +1.5% | 66.5% | $117.4M | $89.6M |
| Mar 2026filed May 1, 2026 | $281.9M | +3.3% | 24.5% | $113.2M | $82.9M |
| Dec 2025filed Feb 27, 2026 | $282.7M | +5.6% | -90.5% | $111.1M | $78.7M |
| Sep 2025filed Oct 31, 2025 | $285.1M | +5.2% | 68.1% | $111.0M | $82.9M |
| Jun 2025filed Aug 1, 2025 | $282.3M | +6.0% | 44.9% | $111.9M | $83.0M |
| Mar 2025filed May 2, 2025 | $273.0M | +4.4% | 69.6% | $114.9M | $89.2M |
| Dec 2024filed Feb 28, 2025 | $267.7M | +0.4% | 71.7% | $124.1M | $101.9M |
Balance sheet · cash, debt and near-term obligations
What resources sit beside the obligations? These are balances at each fiscal quarter end, not cash earned during the quarter. Amounts are in USD, the reporting currency.
As of
- Reported cash
- $14.3M
- Reported total debt
- $3.6B
- Current assets
- $16.1M
- Current liabilities
- $412.9M
Vendor filing date:
As of
- Reported cash
- $14.3M
- Reported total debt
- $3.5B
- Current assets
- $52.8M
- Current liabilities
- $340.4M
Vendor filing date:
As of
- Reported cash
- $7.3M
- Reported total debt
- $3.5B
- Current assets
- $122.8M
- Current liabilities
- $803.4M
Vendor filing date:
As of
- Reported cash
- $5.8M
- Reported total debt
- $3.5B
- Current assets
- $44.1M
- Current liabilities
- $345.9M
Vendor filing date:
If you hold or are considering CUBE, compare cash and debt across dates when reviewing its reliance on financing. Current assets can include receivables and inventory; current liabilities include bills as well as borrowings. They are not all spendable cash or all debt. These figures alone do not establish the ability to repay.
Source: EODHD’s latest stored vendor-normalized balance sheets, matched to the same security and fiscal end as these income periods. They may include restatements and are not an originally-filed or knowledge-time history. No net debt, coverage ratio or replacement balance is calculated. Read the SEC guide to financial statements for the distinction between balances and cash flows.
Fiscal years · last 6
| Fiscal year | Revenue | YoY | Gross margin | Op. income | Net income |
|---|---|---|---|---|---|
| Dec 2025filed Feb 27, 2026 | $1.1B | +5.3% | 22.7% | $448.9M | $333.8M |
| Dec 2024filed Feb 28, 2025 | $1.1B | +1.5% | 70.2% | $483.1M | $391.2M |
| Dec 2023filed Feb 29, 2024 | $1.1B | +4.0% | 71.9% | $497.3M | $410.8M |
| Dec 2022filed Feb 24, 2023 | $1.0B | +22.7% | 71.0% | $351.1M | $291.3M |
| Dec 2021filed Feb 25, 2022 | $822.6M | +21.1% | 69.4% | $290.6M | $223.5M |
| Dec 2020filed Feb 26, 2021 | $679.4M | +3.7% | 69.6% | $414.3M | $165.6M |
Annual cash generation
Does profit turn into cash? Compare CUBE’s accounting profit with operating cash flow and capital spending. Amounts are in USD.
Fiscal year ending
- Net income
- $333.8M
- Operating cash flow
- $611.7M
- Capital spending
- $44.8M
- Free cash flow
- $566.9M
Fiscal year ending
- Net income
- $391.2M
- Operating cash flow
- $631.1M
- Capital spending
- $43.6M
- Free cash flow
- Unavailable
Free cash flow is withheld: the reported amount is missing, or operating cash flow and positive-outflow capital spending do not reconcile with it. No replacement is calculated.
Fiscal year ending
- Net income
- $410.8M
- Operating cash flow
- $611.1M
- Capital spending
- $39.9M
- Free cash flow
- Unavailable
Free cash flow is withheld: the reported amount is missing, or operating cash flow and positive-outflow capital spending do not reconcile with it. No replacement is calculated.
Earlier cash-flow years
Fiscal year ending
- Net income
- $291.3M
- Operating cash flow
- $591.5M
- Capital spending
- $113.4M
- Free cash flow
- Unavailable
Free cash flow is withheld: the reported amount is missing, or operating cash flow and positive-outflow capital spending do not reconcile with it. No replacement is calculated.
Fiscal year ending
- Net income
- $223.5M
- Operating cash flow
- $449.2M
- Capital spending
- $221.4M
- Free cash flow
- Unavailable
Free cash flow is withheld: the reported amount is missing, or operating cash flow and positive-outflow capital spending do not reconcile with it. No replacement is calculated.
Fiscal year ending
- Net income
- $165.6M
- Operating cash flow
- $351.0M
- Capital spending
- $473.3M
- Free cash flow
- Unavailable
Free cash flow is withheld: the reported amount is missing, or operating cash flow and positive-outflow capital spending do not reconcile with it. No replacement is calculated.
If you hold or are researching CUBE, compare cash generation and investment needs with your thesis. Working capital and non-cash charges can separate profit from cash. Capital spending can reduce free cash flow while earnings rise. For a long or short position, that gap alone does not predict a price move.
Cash-flow source and meaning
Source: EODHD annual financial statements, latest stored vendor-normalized figures. These may include restatements and may differ from the filer’s own XBRL. A filing date is not the knowledge date of this version of the values.
Free cash flow is the vendor’s reported figure, shown only when it agrees with operating cash flow less capital spending recorded as a positive outflow. It is not cash guaranteed for dividends or buybacks, and it does not subtract every financing obligation. Missing or sign-incompatible inputs are not filled in. An unlabelled currency is used only for a confirmed domestic USD filer. These are annual statements, not forecasts or an originally-filed history.
Company Quality Grade
How steadily did the business compound its per-share book value with dividends over 40 quarters? This historical measure is not a stock-price return or a forecast.
As of · Window to
Computed, excluded from ranking
- Book with dividends · annual growth
- 18.3%
- Consistency of fitted trend · R²
- 0.976
- Recent / whole-window slope
- 0.79×
Basis: tangible common book (equity less preferred, goodwill and intangibles). Dividends are reinvested at book value, not at market prices. R² near 1 means a steadier fitted trend; it does not establish accounting quality.
No percentile or compounder designation is assigned because the admission rules were not met.
The compounder rule requires a top-decile composite within the tangible-book eligible pool, positive slope and no detected decline. Total-common-book fallback rows cannot qualify. A decline means the 90% interval for the recent 12-quarter / full-window slope ratio lies below 1; this row does not detect a decline. An absent decline is not proof that growth is accelerating.
- Share issuance, rather than earned profits, drove too much of the book-value increase.
issuance_driven_book
If you hold CUBE, use this to question the durability of the business behind your investment case, alongside its filings and valuation. A withheld grade is a data or method limit, not a sell signal. For a short position, it does not predict timing, borrowing costs or downside. It does not measure your account’s return.
Method, filing sources and publication receipt
Source: SEC first-filed XBRL. Midas Edge API’s published Green Compounders method uses only filings public by the as-of date, split-adjusted shares and the original filed values. Restatements do not replace them. Issuer pools and entity types reflect the SEC submissions captured for this run, not historical classifications at each as-of date.
The primary form fits log book value with reinvested dividends against time. The method checks the starting book and market-cap floors and excludes identified non-reliance/enforcement windows. Its cohort is fixed at capture time, so historical percentiles have capture and survival limits. It does not check audit-opinion going-concern text. This grade is separate from InsiderIQ, HolderIQ and NetCredibility.
Input filings (43 in this window): 0001298675-16-000007; 0001298675-16-000019; 0001298675-17-000006. The links show up to three of the input filings.
Method labels: capture_missing_periodic_filing, going_concern_unchecked, intangibles_carried_forward, preferred_from_liquidation_preference, preferred_untagged_zero, red_finding_basis_d1_enforcement_naming_issuer
- Parameters
- pg-g2-params.v17
- Plane
- sha256:841c1bb46826c45b96472bf9adff6a93c8ce5f5392636cff297045298e9bf517
- Grade row SHA-256
- sha256:eed82310993710a2b497e4c437eadf5b5c27a8765e9b9798dcfc3471ccfb4225
- Manifest SHA-256
- sha256:c94c0931ffa7d9818ad0d34110b400f347a53da8a9c7d9aee1013095384d6a8a
- Engine SHA-256
- sha256:defa2e17f100b92a30576940d1632532b5cc4f37a2cb4bcc7fcc881856417811
- Hand-check receipt SHA-256
- sha256:03dd742b7b83e1130b4c01f9beaaf2671b20562c447a337dd047a41ad675ed3c
Short-interest history
FINRA reports open short positions for a settlement date. The publication date is later. These are reported positions, with a separate date for each observation.
Compare the reported short exposure around the dates you bought, sold or watched CUBE. A long position benefits from price rises; a short position benefits from falls. A change in these counts does not predict either move.
Settlement Oct 15, 2026
8,402,491 shares short
-391,980 shares (-4.5%) vs Sep 30, 2026
4% of the stored float. Published Oct 26, 2026.
Settlement Sep 30, 2026
8,794,471 shares short
+105,845 shares (+1.2%) vs Sep 15, 2026
4.2% of the stored float. Published Oct 9, 2026.
Settlement Sep 15, 2026
8,688,626 shares short
+1,191,674 shares (+15.9%) vs Aug 31, 2026
Share of float unavailable. Published Sep 24, 2026.
Settlement Aug 31, 2026
7,496,952 shares short
-6,943 shares (-0.1%) vs Aug 14, 2026
3.3% of the stored float. Published Sep 10, 2026.
Settlement Aug 14, 2026
7,503,895 shares short
-2,643,602 shares (-26.1%) vs Jul 31, 2026
3.3% of the stored float. Published Aug 25, 2026.
Settlement Jul 31, 2026
10,147,497 shares short
+1,546,277 shares (+18%) vs Jul 15, 2026
4.5% of the stored float. Published Aug 11, 2026.
Change = this settlement’s shares short − the previous recorded settlement’s shares short; percentage change divides by that earlier count. A zero earlier count has no percentage change. Split-spanning counts are left uncompared. Float percentages use the stored settlement observation, not today’s float.
Source: stored FINRA equity short-interest records, up to six settlements from the last 240 days. FINRA data and reporting dates · How to read short interest
Dividends and stock splits
See the recorded cash amounts and dates behind CUBE’s income, and the splits that change its share count. Dates below are stored event records, not confirmation of a payment to your account.
Cash-dividend records
USD 0.53 per share
Ex-dividend date: Oct 1, 2026
Recorded pay date: Oct 15, 2026 (past date)
Cash dividend · Polygon event record
USD 0.53 per share
Ex-dividend date: Jul 1, 2026
Recorded pay date: Jul 15, 2026 (past date)
Cash dividend · Polygon event record
USD 0.53 per share
Ex-dividend date: Apr 1, 2026
Recorded pay date: Apr 15, 2026 (past date)
Cash dividend · Polygon event record
USD 0.53 per share
Ex-dividend date: Jan 2, 2026
Recorded pay date: Jan 16, 2026 (past date)
Cash dividend · Polygon event record
USD 0.52 per share
Ex-dividend date: Oct 1, 2025
Recorded pay date: Oct 15, 2025 (past date)
Cash dividend · Polygon event record
USD 0.52 per share
Ex-dividend date: Jul 1, 2025
Recorded pay date: Jul 15, 2025 (past date)
Cash dividend · Polygon event record
Up to six Polygon cash-dividend events, including recorded ex-dates within the next 120 days. Amounts retain their recorded currency and decimal precision. Historical amounts are not restated to a common split basis, annualized, or converted to dollars.
For a long holding, compare the ex-date with when you held the shares and check the pay date against your broker’s cash history. Owning the stock today does not establish past entitlement. For a short holding, a dividend can create a payment obligation to the share lender.
Ex-dates and special dividend rules · Short-sale dividend obligations · Dividend data definitions
Split history
No qualified split events are stored. This does not establish that the stock has never split.
Up to six stored split dates through Nov 10, 2026. Equivalent vendor ratios are combined; conflicting ratios are left out. This history may be incomplete.
A split changes the share count and per-share price basis; it does not by itself add investment value. Put your holding’s earlier and later share counts on the same basis before comparing them. This applies to both long shares and shares owed on a short position.
How stock splits workPortfolio context
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Smart money context
Holder IQ: MEDIUM
49 smart-money holders: institutions with a high Holder IQ
Q2 2026, filed Oct 30, 2026
Smart-money 13F trend: accumulating (heavy)
Unlock crowding heatmapUnlock filer discoveryInsider context
Sentiment: neutral
Last trade: sell 7 days ago
Read the insider context evidence
What it means for you
Sign in to read your holdings or watchlist context. No personal position or direction is inferred.
What happened
Stored recent-activity label: neutral. This context label is separate from the scored insider signal read.
Why it can matter
A count of reported activity describes a sample, not purchase conviction, an insider’s intent or a future price move. Neutral is not an all-clear, and absent direction is not neutral evidence.
How we got this
The current context rule reads at most 50 nonduplicate issuer/share-class records filed in the last 90 days. It counts a bullish direction or purchase code P toward bullish, and a bearish direction or sale code S toward bearish. A side must exceed the opposite count by more than two to set its label; otherwise nonzero directional counts produce neutral. Calculation unavailable for this saved label: its counts, exact records, as-of time and rule version are not supplied here. Do not substitute the separate scored read’s different window or denominator.
Where the data comes from
Stored SEC Forms 3/4/5 insider-signal records, ordered by filing date with amendment duplicates excluded. Filing date is not transaction date. The last-trade line locates recent reported activity; it does not date or reconstruct the complete count.
Red flags: 0
Read the insider context evidence
What it means for you
Sign in to read your holdings or watchlist context. No personal position or direction is inferred.
What happened
Stored recent-activity label: neutral. This context label is separate from the scored insider signal read.
Why it can matter
A count of reported activity describes a sample, not purchase conviction, an insider’s intent or a future price move. Neutral is not an all-clear, and absent direction is not neutral evidence.
How we got this
The current context rule reads at most 50 nonduplicate issuer/share-class records filed in the last 90 days. It counts a bullish direction or purchase code P toward bullish, and a bearish direction or sale code S toward bearish. A side must exceed the opposite count by more than two to set its label; otherwise nonzero directional counts produce neutral. Calculation unavailable for this saved label: its counts, exact records, as-of time and rule version are not supplied here. Do not substitute the separate scored read’s different window or denominator.
Where the data comes from
Stored SEC Forms 3/4/5 insider-signal records, ordered by filing date with amendment duplicates excluded. Filing date is not transaction date. The last-trade line locates recent reported activity; it does not date or reconstruct the complete count.
Largest 13-F holders · Q2 2026
522 filers reported a long position in CUBE for Q2 2026. 13-F holdings are filed up to 45 days after the quarter ends.
The top 10 hold
53.3%
of the 231M shares 13-F filers reported
Moves vs Q1 2026
4 added4 trimmed
1 new · 1 not comparable
Net shares held
+5.4%
across the 8 holders with a comparable Q1 2026 book
| Rank | Holder | Value | Shares | Shares vs Q1 2026 |
|---|---|---|---|---|
| 1 | BlackRock, Inc. | $1.3B · 33.9M shares | 33.9M | +2.1% |
| 2 | Vanguard Portfolio Management LLC | $775.3M · 19.5M shares | 19.5M | +0.3% |
| 3 | Norges Bank | $486.6M · 12.2M shares | 12.2M | — |
| 4 | State Street Corp | $439M · 11M shares | 11M | -1.4% |
| 5 | Vanguard Capital Management LLC | $407.3M · 10.2M shares | 10.2M | 0% |
| 6 | FMR LLC | $298.9M · 7.5M shares | 7.5M | +1.5% |
| 7 | AQR Capital Management LLC | $289.5M · 7.3M shares | 7.3M | +239.5% |
| 8 | Canada Pension Plan Investment Board | $288.5M · 7.3M shares | 7.3M | -0.2% |
| 9 | Cohen & Steers, Inc. | $287.4M · 7.2M shares | 7.2M | New |
| 10 | Price T Rowe Associates Inc | $279.6M · 7M shares | 7M | -7.4% |
Sign in to see each holder’s Holder IQ, factor-adjusted Holder IQ and rank, and compare these holders with all scored filers. Available on every plan.
Sign in5% holder filings (13D / 13G)
Holders of more than 5% of CUBE file with the SEC within days. A 13D holder may seek to influence the company; a 13G holder is passive. Each holder’s latest filing from the last three years.
| Filed | Holder | % of class |
|---|---|---|
| May 11, 2026 | Norges Bank13G · passive | 5.21% |
| Apr 29, 2026 | Vanguard Portfolio Management LLC13G · passive | 8.56% |
| Apr 29, 2026 | Vanguard Capital Management LLC13G · passive | 5.34% |
| Mar 26, 2026 | Vanguard Group Inc13G · passive · amended | 0%under 5% |
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