CUBE vs EXR vs USB Stock Comparison

CubeSmart, Extra Space Storage and Us Bancorp \De\ Prices as of Oct 26, 2026 Peers: Industry group
CUBE CubeSmart
$40.13 +6.1% 1M -4.6% 1Y
Market cap
$9.20B
P/E
–
Revenue (TTM)
$1.14B
Div. yield
0.05%
Self-Storage REITs Real Estate
3 wins
EXR Extra Space Storage Inc.
$143.44 +7.6% 1M -4.5% 1Y
Market cap
$30.52B
P/E
31.9x
Revenue (TTM)
$3.45B
Div. yield
0.04%
Self-Storage REITs Real Estate
2 wins
USB Us Bancorp \De\
$59.72 +0.7% 1M +23.7% 1Y
Market cap
$92.87B
P/E
11.9x
Revenue (TTM)
$29.58B
Div. yield
0.03%
Money Center Banks Financial Services
7 wins

Head to Head

12 decided of 12

Us Bancorp \De\ leads on 7 of the 12 questions below (Us Bancorp \De\ 7, CubeSmart 3, Extra Space Storage 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCUBEEXRUSBLeader
Larger companyMarket capitalisation $9.20B $30.52B $92.87B USB
Cheaper on earningsLower P/E, profitable companies only -2,814x 31.9x 11.9x USB
Cheaper on forward earningsLower price / next fiscal year consensus EPS 24.6x 29.8x 11.6x USB
Faster revenue growthRevenue growth, trailing twelve months +3.9% +4.2% +6.7% USB
More profitableNet margin, trailing twelve months -0.3% 27.8% 26.4% EXR
Better return on capitalReturn on invested capital — 4.9% 12.6% USB
Less leveragedLower net debt / EBITDA 1.3x 5.9x 3.8x CUBE
Higher dividend yieldTrailing dividend yield 0.05% 0.04% 0.03% CUBE
Better 1-year returnPrice return, last 12 months -4.6% -4.5% +23.7% USB
Better 5-year returnAnnualised price return, 5 years -5.4%/yr -4.8%/yr -0.2%/yr USB
Less volatileAnnualised volatility, 1 year 22.1% 23.1% 22.2% CUBE
Higher overall scoreMean of the five percentile scores vs peers 54/100 55/100 49/100 EXR

Percentile Scorecard

CUBEEXRUSB

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCUBEEXRUSB
Valuation 30 #102 of 145 24 #111 of 145 43 #208 of 362
Growth 16 #120 of 142 63 #53 of 142 52 #107 of 221
Profitability 75 #35 of 136 82 #25 of 136 80 #40 of 200
Financial Health 85 #22 of 139 54 #65 of 139 12 #178 of 203
Shareholder Returns 64 #48 of 131 53 #62 of 131 57 #149 of 342
Overall 54 55 49
  • CUBE ranked among 149 companies in Property REITs
  • EXR ranked among 149 companies in Property REITs
  • USB ranked among 370 companies in Banking

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCUBEEXRUSBSPY
1 month +6.1%+7.6%+0.7% -0.8%
3 months -5.1%-3.3%-5.9% +3.5%
6 months +2.8%+2.8%+6.7% +7.0%
Year to date +11.3%+10.2%+11.9% +12.2%
1 year -4.6%-4.5%+23.7% +13.0%
3 years +18.1%+37.4%+94.9% +86.3%
3 years, per year +5.7%+11.2%+24.9% +23.1%
5 years -24.1%-22.0%-0.9% +68.6%
5 years, per year -5.4%-4.8%-0.2% +11.0%
10 years +53.8%+88.2%+35.0% +258.0%
10 years, per year +4.4%+6.5%+3.0% +13.6%

Risk

MeasureCUBEEXRUSBSPY
Volatility, 1Y 22.1%23.1%22.2% 12.7%
Downside volatility, 1Y 21.8%23.6%23.2% 12.7%
Beta vs S&P 500, 1Y 0.290.340.61 1.00
Return / volatility, 1Y -0.21-0.201.07 1.02
Max drawdown, 5Y -41.6%-54.5%-54.7% -25.4%
From 52-week high -5.6%-6.1%-8.7% -1.8%
52-week high $42.51$152.75$65.41 $779.14
52-week low $35.36$126.69$45.47 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCUBEEXRUSB
P/E now vs peer median -2,783xmedian 27.4x 31.6xmedian 27.4x 11.9xmedian 12.1x
P/S now vs peer median 8.0xmedian 4.2x 8.8xmedian 4.2x 3.1xmedian 3.4x
EV/EBITDA now vs peer median 27.7xmedian 14.2x 19.8xmedian 14.2x 7.5xmedian 5.0x
P/FCF now vs peer median 18.8xmedian 23.2x 28.5xmedian 23.2x 7.4xmedian 11.0x
P/B now vs peer median 3.5xmedian 1.3x 2.1xmedian 1.3x 1.4xmedian 1.2x
PEG now vs peer median 27.42median 2.11 -3.57median 2.11 0.98median 1.36

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCUBEEXRUSB
Revenue $1.14B $3.45B $29.58B
Gross profit $770.66M $2.51B –
Operating income $87.22M $1.41B –
Net income $332.35M $1.00B $8.17B
Free cash flow $482.23M $1.06B $12.53B
EPS (diluted) $-0.01 $4.35 $5.01
Cash & equivalents $14.31M $695.17M –
Total debt $450.84M $52.95B $96.01B
Shares (diluted) 227.19M 220.36M 1.56B
Enterprise value $9.07B $29.44B $92.87B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCUBEEXRUSB
P/E -2,783x 31.6x 11.9x
P/FCF 18.8x 28.5x 7.4x
P/Operating cash flow 15.1x 15.9x 7.4x
P/S 8.0x 8.8x 3.1x
P/B 3.5x 2.1x 1.4x
P/Tangible book 3.5x 2.1x 1.5x
EV/EBITDA 27.7x 19.8x 7.5x
EV/EBIT 108.8x 30.7x 7.8x
EV/Revenue 8.3x 12.6x 6.4x
EV/FCF 19.7x 40.7x 15.1x
EV/Operating cash flow 15.9x 22.8x 15.1x
PEG (3Y EPS CAGR) 27.42 -3.57 0.98

Growth

14 metrics
MetricCUBEEXRUSB
Revenue growth (1Y) 3.9% 4.2% 6.7%
Revenue CAGR (3Y) 3.0% 19.5% 3.2%
Gross profit growth (1Y) 0.8% 3.4% –
Gross profit CAGR (3Y) 1.2% 17.1% –
Operating income growth (1Y) -39.8% -2.5% –
Operating income CAGR (3Y) -15.5% 9.4% –
Net income growth (1Y) -11.1% -2.4% 18.4%
Net income CAGR (3Y) -5.3% 4.5% 12.1%
EPS growth (1Y) -18.9% -5.6% 19.9%
EPS CAGR (3Y) -101.5% -8.8% 12.2%
Operating cash flow growth (1Y) -2.6% 0.0% 68.8%
Operating cash flow CAGR (3Y) -0.5% 15.7% -4.9%
Free cash flow growth (1Y) -6.0% 35.3% 68.8%
Free cash flow CAGR (3Y) -1.1% 89.0% -4.9%

Profitability

14 metrics
MetricCUBEEXRUSB
Gross margin 67.8% 72.8% –
EBITDA margin 30.2% 63.5% 85.2%
Operating margin 7.7% 40.9% –
Pretax margin 29.3% 26.9% 34.5%
Net margin -0.3% 27.8% 26.4%
FCF margin 42.4% 30.9% 42.3%
Operating cash flow margin 52.6% 55.2% 42.3%
Return on equity 12.6% 7.1% 12.2%
Return on assets 5.0% 3.4% 1.1%
Return on invested capital – 4.9% 12.6%
Return on capital employed – – –
Asset turnover 0.2x 0.1x 0.0x
Cash conversion (OCF / net income) 1.8x 1.9x 1.5x
Stock comp / revenue 1.1% 1.1% –

Financial Health

11 metrics
MetricCUBEEXRUSB
Debt / assets 6.8% 46.0% 13.2%
Debt / equity 0.2x 1.0x 1.4x
Net debt / EBITDA 1.3x 5.9x 3.8x
Debt / FCF 0.9x 12.8x 7.7x
Liabilities / assets 60.5% 52.2% 90.6%
Equity / assets 39.5% 47.8% 9.4%
Interest coverage – – 1.7x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricCUBEEXRUSB
Dividend yield 5.3% 4.5% 3.5%
Net buyback yield 0.8% 0.5% 0.7%
Shareholder yield 6.0% 5.0% 4.2%
Payout ratio (earnings) 144.4% 136.7% 39.5%
Payout ratio (FCF) 99.5% 128.9% 25.7%
Dividend growth (1Y) 2.2% -0.3% 3.2%
Dividend CAGR (3Y) 5.0% 17.7% 3.8%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCUBEEXRUSB
Forward P/E 24.6xFY2026 29.8xFY2026 11.6xFY2026
EPS, next fiscal year $1.63FY2026 $4.82FY2026 $5.17FY2026
EPS growth, next FY +11.6%FY2026 +5.0%FY2026 +11.9%FY2026
EPS growth, the year after -9.2% -2.1% +18.8%
Revenue, next fiscal year $1.19BFY2026 $3.38BFY2026 $30.11BFY2026
Revenue growth, next FY +5.9%FY2026 +0.1%FY2026 +5.1%FY2026
Revenue growth, the year after +5.2% +11.4% +16.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCUBEEXRUSB
Held by institutions 100.0% 97.5% 81.6%
Institutions holding 516 795 2,068
Change in shares held, QoQ +11.1% +2.2% +2.1%
Institutions buying 287 386 965
Institutions selling 156 266 760
Buyers to sellers 1.84 1.45 1.27

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CUBEEXRUSB
CUBE 1.00 0.89 0.34
EXR 0.89 1.00 0.36
USB 0.34 0.36 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CUBE, EXR and USB?

Us Bancorp \De\ (USB) is the largest by market capitalisation: CubeSmart (CUBE) $9.20B, Extra Space Storage (EXR) $30.52B, Us Bancorp \De\ (USB) $92.87B.

Which stock is cheaper, CUBE, EXR and USB?

Us Bancorp \De\ (USB) trades on the lowest price-to-earnings ratio (CubeSmart (CUBE) -2,814x, Extra Space Storage (EXR) 31.9x, Us Bancorp \De\ (USB) 11.9x). On next year's consensus earnings, Us Bancorp \De\ (USB) is cheapest (CubeSmart (CUBE) 24.6x, Extra Space Storage (EXR) 29.8x, Us Bancorp \De\ (USB) 11.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Us Bancorp \De\ (USB) grew revenue fastest over the trailing twelve months: CubeSmart (CUBE) +3.9%, Extra Space Storage (EXR) +4.2%, Us Bancorp \De\ (USB) +6.7%.

Which company is more profitable?

Extra Space Storage (EXR) has the highest net margin (CubeSmart (CUBE) -0.3%, Extra Space Storage (EXR) 27.8%, Us Bancorp \De\ (USB) 26.4%). On return on invested capital, Us Bancorp \De\ (USB) leads (Extra Space Storage (EXR) 4.9%, Us Bancorp \De\ (USB) 12.6%).

Which stock has performed better?

Over the past year Us Bancorp \De\ (USB) returned the most: CubeSmart (CUBE) -4.6%, Extra Space Storage (EXR) -4.5%, Us Bancorp \De\ (USB) +23.7%. Over five years, Us Bancorp \De\ (USB) compounded fastest (CubeSmart (CUBE) -5.4%/yr, Extra Space Storage (EXR) -4.8%/yr, Us Bancorp \De\ (USB) -0.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

CubeSmart (CUBE) has the highest dividend yield: CubeSmart (CUBE) 0.05%, Extra Space Storage (EXR) 0.04%, Us Bancorp \De\ (USB) 0.03%.

Which stock is riskier?

By one-year price volatility, CubeSmart (CUBE) has been the steadiest (CubeSmart (CUBE) 22.1%, Extra Space Storage (EXR) 23.1%, Us Bancorp \De\ (USB) 22.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CUBE, EXR and USB?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Us Bancorp \De\ (USB) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.