CubeSmart is a real estate investment trust that invests in self storage facilities in the United States. As of December 31, 2024, it owned 631 self storage properties in 25 states and the District of Columbia containing 45.8 million rentable square feet. It is the 3rd largest self storage company in the United States.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| CUBE | CubeSmart | 2025-10-16 17:44:57 | 42 | 0.14 | 0.33 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CUBE | 0001298675 | CubeSmart | US2296631094 | 549300MPHKO3I3FJRA97 | 201024732 | NYSE | 6798 | Real Estate Investment Trusts | 1231 | MD | 5 OLD LANCASTER ROAD | MALVERN | PA | 19355 | UNITED STATES | US | 610-535-5700 | 5 OLD LANCASTER ROAD, MALVERN, PA, 19355 | 5 OLD LANCASTER ROAD, MALVERN, PA, 19355 | U-Store-It Trust | Real estate investment trust | 2004 | Christopher P. Marr | 2,804 | https://www.cubesmart.com | 10,135,574,115 | 228,033,843 | 228,035,275 | CubeSmart is a real estate investment trust that invests in self storage facilities in the United States. As of December 31, 2024, it owned 631 self storage properties in 25 states and the District of Columbia containing 45.8 million rentable square feet. It is the 3rd largest self storage company in the United States. | 2025-10-10 19:50:50 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2024 | 10,135,574,115 | 129,673,369 | 1.296 | 227,880,222 | 2,925,623 | 1.3005 |
| 2023 | 10,005,900,746 | 417,287,938 | 4.3519 | 224,954,599 | 323,152 | 0.1439 |
| 2022 | 9,588,612,808 | 242,677,221 | 2.5966 | 224,631,447 | 628,672 | 0.2807 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| J. P. Foster | Chief Legal Officer, Secretary, Senior Vice President | 2018 | 345,000 | 0 | — | 376,740 | 85,278 | 1,232,024 |
| J. L. Perry | Chief Investment Officer, Senior Vice President | 2018 | 156,250 | 0 | — | 0 | 36,033 | 742,280 |
| C. P. Marr | Chief Executive Officer, President | 2018 | 715,000 | 0 | — | 1,233,375 | 193,857 | 4,142,226 |
| T. M. Martin | Chief Financial Officer, Treasurer | 2018 | 430,000 | 0 | — | 534,060 | 103,997 | 1,743,035 |
| C. P. Marr | Chief Executive Officer, President | 2017 | 687,000 | 0 | — | 1,073,309 | 148,852 | 3,909,168 |
| Fiscal Year | Employee Count |
|---|---|
| 2019 | 3,011 |
| 2018 | 2,815 |
| 2017 | 2,508 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 1,066,231,000 | 1,050,334,000 | 1,009,624,000 |
| Cost Of Revenue | 317,750,000 | 294,780,000 | 293,260,000 |
| Gross Profit | — | — | — |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | 59,663,000 | 57,041,000 | 54,623,000 |
| Operating Expenses | 583,116,000 | 553,059,000 | 658,493,000 |
| Operating Income | — | — | — |
| Net Income | 391,885,000 | 412,435,000 | 292,472,000 |
| Earnings Per Share Basic | 1.73 | 1.82 | 1.29 |
| Earnings Per Share Diluted | 1.72 | 1.82 | 1.29 |
| Weighted Average Shares Outstanding Basic | 226,353,000 | 225,424,000 | 224,928,000 |
| Weighted Average Shares Outstanding Diluted | 227,150,000 | 226,241,000 | 225,881,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 71,560,000 | 6,526,000 | 6,064,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | 10,372,000 | 8,944,000 | 7,932,000 |
| Inventories | — | — | — |
| Non Trade Receivables | 18,866,000 | 18,045,000 | — |
| Other Assets Current | — | — | — |
| Total Assets Current | — | — | — |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | — | — | — |
| Other Assets Non Current | — | — | — |
| Total Assets Non Current | — | — | — |
| Total Assets | 6,394,181,000 | 6,225,020,000 | 6,325,830,000 |
| Accounts Payable | 229,581,000 | 201,419,000 | 213,297,000 |
| Deferred Revenue | — | — | — |
| Short Term Debt | 1,185,000 | 32,329,000 | 32,591,000 |
| Other Liabilities Current | — | — | — |
| Total Liabilities Current | — | — | — |
| Long Term Debt | 472,633,000 | 470,573,000 | 468,783,000 |
| Other Liabilities Non Current | — | — | — |
| Total Liabilities Non Current | — | — | — |
| Total Liabilities | 3,440,313,000 | 3,344,212,000 | 3,428,030,000 |
| Common Stock | 2,278,000 | 2,249,000 | 2,246,000 |
| Retained Earnings | -1,415,662,000 | -1,345,239,000 | -1,301,030,000 |
| Accumulated Other Comprehensive Income | -330,000 | -411,000 | -491,000 |
| Total Shareholders Equity | 2,871,856,000 | 2,798,828,000 | 2,826,203,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Depreciation And Amortization | 205,703,000 | 201,238,000 | 310,610,000 |
| Share Based Compensation Expense | 11,487,000 | 10,089,000 | 9,081,000 |
| Other Non Cash Income Expense | — | — | — |
| Change In Accounts Receivable | — | — | — |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | 7,469,000 | 10,138,000 | -3,498,000 |
| Change In Accounts Payable | 24,025,000 | 96,000 | 20,395,000 |
| Change In Other Liabilities | -445,000 | -350,000 | 1,532,000 |
| Cash From Operating Activities | 631,074,000 | 611,136,000 | 591,466,000 |
| Purchases Of Marketable Securities | — | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | 20,200,000 | 22,000,000 | 32,000,000 |
| Acquisition Of Business | 57,176,000 | — | — |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -173,959,000 | -93,818,000 | -48,767,000 |
| Tax Withholding For Share Based Compensation | 1,044,000 | 817,000 | 1,403,000 |
| Payments Of Dividends | 465,592,000 | 446,882,000 | 400,998,000 |
| Issuance Of Common Stock | 118,270,000 | -276,000 | 4,877,000 |
| Repurchase Of Common Stock | — | — | — |
| Issuance Of Long Term Debt | — | — | — |
| Repayment Of Long Term Debt | 715,139,000 | 837,247,000 | 782,950,000 |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | -387,669,000 | -518,026,000 | -547,092,000 |
| Change In Cash | 69,446,000 | -708,000 | -4,393,000 |
| Cash At End Of Period | 71,560,000 | 6,526,000 | 6,064,000 |
| Income Taxes Paid | — | — | — |
| Interest Paid | 92,609,000 | 95,498,000 | 92,293,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Earnings Per Share | 1.73 | 1.82 | 1.29 |
| Price To Earnings Ratio | 24.7688 | 25.467 | 31.2016 |
| Earnings Growth Rate | -4.9451 | 41.0853 | 17.2727 |
| Price Earnings To Growth Ratio | -5.0088 | 0.6199 | 1.8064 |
| Book Value Per Share | 13.0498 | 12.7795 | 12.8832 |
| Price To Book Ratio | 3.2836 | 3.6269 | 3.1242 |
| Ebitda | 597,588,000 | 613,673,000 | 603,082,000 |
| Enterprise Value | 10,101,484,050 | 10,944,778,400 | 9,548,662,000 |
| Dividend Yield | 0.048 | 0.0428 | 0.0443 |
| Dividend Payout Ratio | 1.1881 | 1.0835 | 1.3711 |
| Debt To Equity Ratio | 0.165 | 0.1797 | 0.1774 |
| Capital Expenditures | — | — | — |
| Free Cash Flow | — | — | — |
| Return On Equity | 0.1365 | 0.1474 | 0.1035 |
| One Year Beta | 0.5591 | 0.8723 | 0.8682 |
| Three Year Beta | 0.8119 | 0.7907 | 0.7846 |
| Five Year Beta | 0.7742 | 0.7421 | 0.683 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| MARR CHRISTOPHER P | Director, CEO | 2025-10-15 | 73 | A | 5,802 |
| MARTIN TIMOTHY M | CFO | 2025-10-15 | 279 | A | 22,356 |
| Schulte Jennifer | Chief Human Resources Officer | 2025-10-15 | 12 | A | 962 |
| MARR CHRISTOPHER P | Director, CEO | 2025-08-12 | 10,132 | D | 531,059 |
| MARTIN TIMOTHY M | CFO | 2025-07-15 | 275 | A | 22,077 |
| Name Of Reporting Person | Type Of Reporting Person | Report Date | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| John P Ricketts | Senator | 2023-10-20 | Sale (Full) | 2023-09-21 | Spouse | $50,001 - $100,000 |
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Lisa McClain | 2025-09-12 | MI09 | Purchase | 2025-08-04 | Spouse | $1,001 - $15,000 |
| Lisa McClain | 2025-09-12 | MI09 | Sale | 2025-08-13 | Spouse | $1,001 - $15,000 |
| Daniel Goldman | 2023-08-13 | NY10 | Sale | 2023-07-12 | — | $1,001 - $15,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| HARBOR CAPITAL ADVISORS, INC. | 2025-09-30 | 49,000 | 1,207 | 40.5965 |
| PRIVATE TRUST CO NA | 2025-09-30 | 28,706 | 706 | 40.6601 |
| Farther Finance Advisors, LLC | 2025-09-30 | 85,714 | 2,108 | 40.6613 |
| Sound Income Strategies, LLC | 2025-09-30 | 398 | 10 | 39.8 |
| Roxbury Financial LLC | 2025-09-30 | 7,510 | 185 | 40.5946 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| Pacer Funds Trust | 2025-07-31 | Pacer Trendpilot US Mid Cap ETF | PTMC | 32,336 | 1,258,193.76 | 0.3003 |
| Pacer Funds Trust | 2025-07-31 | Pacer Industrial Real Estate ETF | INDS | 144,074 | 5,605,919.34 | 4.2722 |
| ETF Series Solutions | 2025-07-31 | ETFB Green SRI REITs ETF | RITA | 4,282 | 166,612.62 | 2.2034 |
| ETFis Series Trust I | 2025-07-31 | Virtus Real Asset Income ETF | VRAI | 4,049 | 157,546.59 | 1.0439 |
| Direxion Shares ETF Trust | 2025-07-31 | Direxion Daily Mid Cap Bull 3X Shares | MIDU | 3,973 | 154,589.43 | 0.2072 |