CubeSmart (CUBE) Debt Ratio (2010 - 2026)
CubeSmart (CUBE) posted Debt Ratio of 0.17 for Q2 2026, up 16.0% on a QoQ basis from 0.14 in Q1 2026, and up 6.0% year-over-year from 0.16 in Q2 2025.
Analysis
CubeSmart (CUBE) Debt Ratio (2010 - 2026) Analysis & Trends
CubeSmart has reported Debt Ratio for 17 years, with the latest figure at 0.17 in Q2 2026.
- On a quarterly basis, Debt Ratio rose 6.0% year-over-year to 0.17 in Q2 2026; TTM through Jun 2026 was 0.17, a 6.0% increase from a year earlier, with the FY2025 full-year figure at 0.14, down 13.52% from the prior year.
- Debt Ratio was 0.17 for Q2 2026 at CubeSmart, up from 0.14 in the prior quarter.
- The five-year high for Debt Ratio was 0.17 in Q2 2026, with the low at 0.03 in Q3 2025.
- Average Debt Ratio over 5 years is 0.15, with a median of 0.16 recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Debt Ratio advanced 14.26% in 2022, then tumbled 80.14% in 2025.
- Over 5 years, Debt Ratio stood at 0.16 in 2022, then retreated by 1.87% to 0.16 in 2023, then grew by 5.1% to 0.17 in 2024, then retreated by 13.52% to 0.14 in 2025, then advanced by 16.72% to 0.17 in 2026.
- The last three Debt Ratio figures came in at 0.17 (Q2 2026), 0.14 (Q1 2026), and 0.14 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Public Storage | 53.04 Bn | 52.88 Bn | 1.20 Bn | 0.51 |
| 2 | Extra Space Storage | 29.41 Bn | 30.29 Bn | 642.43 Mn | 0.32 |
| 3 | CubeSmart | 8.91 Bn | 8.94 Bn | 190.47 Mn | 0.17 |
| 4 | SmartStop Self Storage REIT | 1.80 Bn | 1.86 Bn | 47.65 Mn | - |
| 5 | Global Self Storage | 59.62 Mn | 59.62 Mn | - | 0.47 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.17 |
| Mar 31, 2026 | 0.14 |
| Dec 31, 2025 | 0.14 |
| Sep 30, 2025 | 0.03 |
| Jun 30, 2025 | 0.16 |
| Mar 31, 2025 | 0.16 |
| Dec 31, 2024 | 0.17 |
| Sep 30, 2024 | 0.15 |
| Jun 30, 2024 | 0.15 |
| Mar 31, 2024 | 0.16 |
| Dec 31, 2023 | 0.16 |
| Sep 30, 2023 | 0.16 |
| Jun 30, 2023 | 0.16 |
| Mar 31, 2023 | 0.16 |
| Dec 31, 2022 | 0.16 |
| Sep 30, 2022 | 0.14 |
| Jun 30, 2022 | 0.14 |
| Mar 31, 2022 | 0.14 |
| Dec 31, 2021 | 0.14 |
| Sep 30, 2021 | 0.65 |