EXR vs USB vs CUBE Stock Comparison

Extra Space Storage, Us Bancorp \De\ and CubeSmart Prices as of Oct 26, 2026 Peers: Industry group
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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
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

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.

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

Percentile Scorecard

EXRUSBCUBE

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

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

Price Performance

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

Returns

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

Risk

MeasureEXRUSBCUBESPY
Volatility, 1Y 23.1%22.2%22.1% 12.7%
Downside volatility, 1Y 23.6%23.2%21.8% 12.7%
Beta vs S&P 500, 1Y 0.340.610.29 1.00
Return / volatility, 1Y -0.201.07-0.21 1.02
Max drawdown, 5Y -54.5%-54.7%-41.6% -25.4%
From 52-week high -6.1%-8.7%-5.6% -1.8%
52-week high $152.75$65.41$42.51 $779.14
52-week low $126.69$45.47$35.36 $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.

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

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

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

Growth

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

Profitability

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

Financial Health

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

Shareholder Returns

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

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.

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

Institutional Ownership

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

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.

EXRUSBCUBE
EXR 1.00 0.36 0.89
USB 0.36 1.00 0.34
CUBE 0.89 0.34 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EXR, USB and CUBE?

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

Which stock is cheaper, EXR, USB and CUBE?

Us Bancorp \De\ (USB) trades on the lowest price-to-earnings ratio (Extra Space Storage (EXR) 31.9x, Us Bancorp \De\ (USB) 11.9x, CubeSmart (CUBE) -2,814x). On next year's consensus earnings, Us Bancorp \De\ (USB) is cheapest (Extra Space Storage (EXR) 29.8x, Us Bancorp \De\ (USB) 11.6x, CubeSmart (CUBE) 24.6x). 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: Extra Space Storage (EXR) +4.2%, Us Bancorp \De\ (USB) +6.7%, CubeSmart (CUBE) +3.9%.

Which company is more profitable?

Extra Space Storage (EXR) has the highest net margin (Extra Space Storage (EXR) 27.8%, Us Bancorp \De\ (USB) 26.4%, CubeSmart (CUBE) -0.3%). 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: Extra Space Storage (EXR) -4.5%, Us Bancorp \De\ (USB) +23.7%, CubeSmart (CUBE) -4.6%. Over five years, Us Bancorp \De\ (USB) compounded fastest (Extra Space Storage (EXR) -4.8%/yr, Us Bancorp \De\ (USB) -0.2%/yr, CubeSmart (CUBE) -5.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

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

Which stock is riskier?

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

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

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.