Stocks Real estate CUBE
NYSE · Real estateCubeSmart (CUBE)
CubeSmart brought in $1.1B of revenue over the twelve months to March 31, 2026, up 5.0% from a year earlier. Net income was $327.5M, a net margin of 28.9%. At March 31, 2026 it held $7.3M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 30, 2026.
Key facts about CubeSmart
- Net worth
- CubeSmart has a market value (market cap) of $10.1B at the latest share price, and shareholders' equity of $2.6B on its balance sheet at March 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $1.1B (+5.3% year on year), with net income of $333.8M. Over the 12 months to March 31, 2026: revenue $1.1B, net income $327.5M.
- Cash flow
- In fiscal 2025 operations brought in $608.5M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 30, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- CubeSmart's next report is expected around December 1, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- CubeSmart declared dividends of $2.09 per share in fiscal 2025, a yield of 4.64% at the current price.
What CubeSmart does
CubeSmart is registered with the SEC under industry code SIC 6798 (Real Estate Investment Trusts). Its shares trade on NYSE under the ticker CUBE.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $1.1B | $333.8M | $1.46 | n/a |
| 2024 | $1.1B | $391.2M | $1.72 | n/a |
| 2023 | $1.1B | $410.8M | $1.82 | n/a |
| 2022 | $1B | $291.3M | $1.29 | n/a |
| 2021 | $822.6M | $223.5M | $1.09 | n/a |
| 2020 | $679.2M | $165.6M | $0.85 | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where CUBE ranks in Real estate
Dividends
CubeSmart declared $2.09 per share in fiscal 2025. At the current price that is a yield of 4.64%. It paid out $476.3M in cash dividends, 143% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $2.09 | $476.3M | 143% |
| 2024 | $2.05 | $461.8M | 118% |
| 2023 | $1.98 | $442.2M | 108% |
| 2022 | $1.78 | $387.1M | 133% |
| 2021 | $1.45 | $273.8M | 123% |
| 2020 | $1.33 | $256.3M | 155% |
Latest SEC filings
What CubeSmart has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 30, 2026Quarterly report 10-Q · period to September 30, 2026
- October 30, 2026
- October 29, 2026
- September 14, 2026
- July 31, 2026Quarterly report 10-Q · period to June 30, 2026
- July 31, 2026
- June 24, 2026
- June 1, 2026
- May 19, 2026
- May 14, 2026
Insider trades
What the people running CubeSmart did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $2.6M worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 2, 2026 | Foster Jeffrey PCLO & Secretary | Exercised options | 22,776 | $632.7K |
| November 2, 2026 | Foster Jeffrey PCLO & Secretary | Sold | 22,776 | $995.7K |
| November 2, 2026 | Martin Timothy MCFO | Exercised options | 36,765 | $966.9K |
| November 2, 2026 | Martin Timothy MCFO | Sold | 36,765 | $1.6M |
| June 10, 2026 | Marr Christopher PCEO, Director | Exercised options | 108,932 | $2.9M |
| June 10, 2026 | Marr Christopher PCEO, Director | Sold | 108,932 | $4.6M |
| May 19, 2026 | Bussani PieroDirector | Received as pay | 4,044 | - |
| May 19, 2026 | Chin Jit KeeDirector | Received as pay | 4,044 | - |
Who owns CUBE
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Portfolio Management13G, passive | 8.56% | April 29, 2026 |
| Vanguard Capital Management13G, passive | 5.34% | April 29, 2026 |
| Norges Bank13G, passive | 5.21% | May 11, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 517 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 33,924,159 | +707,395 |
| Vanguard Portfolio Management LLC | 19,495,185 | +61,972 |
| Norges Bank | 12,236,433 | new |
| State Street Corp | 11,037,783 | -157,097 |
| Vanguard Capital Management LLC | 10,240,990 | -3,848 |
| Fmr LLC | 7,515,446 | +112,088 |
| Aqr Capital Management LLC | 7,279,554 | +5,135,312 |
| Canada Pension Plan Investment Board | 7,254,520 | -11,200 |
| Geode Capital Management, LLC | 4,767,570 | +13,215 |
| Charles Schwab Investment Management Inc | 3,762,337 | +173,979 |
| Cbre Investment Management Listed Real Assets LLC | 3,359,278 | +264,987 |
| Dimensional Fund Advisors LP | 3,352,420 | -2,501 |
| Northern Trust Corp | 3,348,078 | +15,967 |
| Duff & Phelps Investment Management Co | 3,239,472 | +501,816 |
| Jpmorgan Chase & Co | 2,745,082 | -1,055,237 |
| Millennium Management LLC | 2,693,221 | -499,840 |
| Daiwa Securities Group Inc. | 2,449,870 | +2,359,608 |
| Arrowstreet Capital, Limited Partnership | 2,421,670 | +1,590,580 |
| Lasalle Investment Management Securities LLC | 2,343,438 | +1,052,226 |
| Aew Capital Management L P | 2,292,708 | +170,983 |
Insiders
13 insiders reported holding 1,518,595 shares in total, about $68.3M at the last price.
| Holder | Shares |
|---|---|
| Marr Christopher PCEO, Director | 609,605 |
| Martin Timothy MCFO | 384,975 |
| Foster Jeffrey PCLO & Secretary | 205,057 |
| Remondi John FDirector | 77,969 |
| Bussani PieroDirector | 68,966 |
| Rogatz Jeffrey FDirector | 58,114 |
| Dowling DororthyDirector | 34,598 |
| DeNarie Matthew DChief Accounting Officer | 24,344 |
| Schulte JenniferChief Human Resources Officer | 18,732 |
| Lynch Jair KDirector | 14,465 |
Questions about CUBE
What does CubeSmart do?
CubeSmart is a company in the Real estate sector, listed on NYSE as CUBE. Its shares trade on NYSE under the ticker CUBE.
What is CubeSmart's net worth?
CubeSmart has a market value (market cap) of $10.1B at the latest share price, and shareholders' equity of $2.6B on its balance sheet at March 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is CubeSmart profitable?
Yes. Over the twelve months to March 31, 2026 it reported net income of $327.5M on revenue of $1.1B, a net margin of 28.9%.
How much revenue does CubeSmart make?
Over the twelve months to March 31, 2026 CubeSmart reported revenue of $1.1B. That is 5.0% more than a year earlier.
When did CubeSmart last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 30, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the insider trade from November 3, 2026.
When is CubeSmart's next earnings report?
CubeSmart's next report is expected around December 1, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
Does CubeSmart pay a dividend?
Yes. CubeSmart declared dividends of $2.09 per share in fiscal 2025, a yield of 4.64% at the current price.
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Where the numbers come from
Financial figures are the values CubeSmart tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.