CubeSmart (CUBE) Accumulated Depreciation (2010 - 2026)
CubeSmart's Accumulated Depreciation came in at $1.84 billion for Q2 2026, up 9.4% from $1.68 billion a year earlier and up 2.1% from the prior quarter.
CubeSmart (CUBE) Accumulated Depreciation (2010 - 2026) Analysis & Trends
At the end of FY2025, CubeSmart's Accumulated Depreciation was $1.76 billion, up 10.5% from FY2024.
- Accumulated Depreciation has increased in each of the last 15 years, with a five-year compound annual growth rate of 12.3% (FY2020 to FY2025).
- Going back by year, Accumulated Depreciation was $1.59 billion in FY2024 (+12.3%), $1.42 billion in FY2023 (+13.5%), $1.25 billion in FY2022 (+14.9%) and $1.09 billion in FY2021 (+10.4%).
- The Q2 2026 figure represents the highest quarterly Accumulated Depreciation in data going back to Q4 2010.
- Year-over-year, Accumulated Depreciation has increased for 20 consecutive quarters, with growth averaging 11.4% over the last eight quarters.
- Over the past five years, the year-over-year growth in Accumulated Depreciation ranged from 6.8% (Q3 2021) to 15.3% (Q3 2022).
- Business Quant data shows CUBE's Accumulated Depreciation at $1.8 billion (Q1 2026), $1.76 billion (Q4 2025) and $1.73 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.84 Bn |
| Mar 31, 2026 | 1.80 Bn |
| Dec 31, 2025 | 1.76 Bn |
| Sep 30, 2025 | 1.73 Bn |
| Jun 30, 2025 | 1.68 Bn |
| Mar 31, 2025 | 1.64 Bn |
| Dec 31, 2024 | 1.59 Bn |
| Sep 30, 2024 | 1.54 Bn |
| Jun 30, 2024 | 1.50 Bn |
| Mar 31, 2024 | 1.46 Bn |
| Dec 31, 2023 | 1.42 Bn |
| Sep 30, 2023 | 1.38 Bn |
| Jun 30, 2023 | 1.33 Bn |
| Mar 31, 2023 | 1.29 Bn |
| Dec 31, 2022 | 1.25 Bn |
| Sep 30, 2022 | 1.21 Bn |
| Jun 30, 2022 | 1.17 Bn |
| Mar 31, 2022 | 1.13 Bn |
| Dec 31, 2021 | 1.09 Bn |
| Sep 30, 2021 | 1.05 Bn |
CubeSmart Accumulated Depreciation API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-depreciation&ticker=CUBE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-depreciation", "ticker": "CUBE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-depreciation&ticker=CUBE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();