CubeSmart (CUBE) Debt Ratio (2010 - 2026)

CubeSmart's (CUBE) quarterly Debt Ratio came in at 0.08 in Q1 2026, down 19.12% year-on-year from 0.1 in Q1 2025, and down 36.88% quarter-over-quarter from 0.13 in Q4 2025.

CubeSmart (CUBE) Debt Ratio (2010 - 2026) Analysis & Trends

CubeSmart's Debt Ratio history runs 17 years deep, the most recent figure standing at 0.08 for Q1 2026.

  • On a quarterly basis, Debt Ratio fell 19.12% year-over-year to 0.08 in Q1 2026; TTM through Mar 2026 was 0.08, a 19.12% decrease from a year earlier, with the FY2025 full-year figure at 0.13, down 22.54% from the prior year.
  • Debt Ratio declined to 0.08 in Q1 2026 per CUBE's latest filing, from 0.13 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.17 in Q4 2024 and bottomed at 0.03 in Q3 2025.
  • The 5-year median for Debt Ratio is 0.14 (2023), against an average of 0.12.
  • Across the five-year window, Debt Ratio jumped 31.42% in 2022 and plunged 80.14% in 2025, its largest moves.
  • Year by year, Debt Ratio stood at 0.15 in 2022, then dropped by 9.28% to 0.14 in 2023, then gained by 20.96% to 0.17 in 2024, then declined by 22.54% to 0.13 in 2025, then sank by 36.88% to 0.08 in 2026.
  • Per Business Quant, the three latest CUBE Debt Ratio figures stand at 0.08 (Q1 2026), 0.13 (Q4 2025), and 0.03 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Prologis 134.75 Bn 139.31 Bn 2.24 Bn 0.35
2 Public Storage 55.31 Bn 55.27 Bn 1.18 Bn 0.51
3 Extra Space Storage 30.66 Bn 31.49 Bn 617.72 Mn 0.32
4 Eastgroup Properties 11.49 Bn 11.49 Bn 193.10 Mn 0.29
5 CubeSmart 9.34 Bn 9.36 Bn 191.86 Mn 0.08
6 Lineage 9.30 Bn 9.23 Bn 417.00 Mn 0.33
7 Rexford Industrial Realty 8.22 Bn 8.54 Bn - 0.26
8 STAG Industrial 7.73 Bn 7.81 Bn - 0.27
9 Terreno Realty 7.56 Bn 7.56 Bn - 0.09
10 Americold Realty Trust 4.04 Bn 4.04 Bn 195.51 Mn 0.44

Historic Data

Download Data
DateValue
Mar 31, 2026 0.08
Dec 31, 2025 0.13
Sep 30, 2025 0.03
Jun 30, 2025 0.10
Mar 31, 2025 0.10
Dec 31, 2024 0.17
Sep 30, 2024 0.15
Jun 30, 2024 0.15
Mar 31, 2024 0.15
Dec 31, 2023 0.14
Sep 30, 2023 0.14
Jun 30, 2023 0.15
Mar 31, 2023 0.14
Dec 31, 2022 0.15
Sep 30, 2022 0.12
Jun 30, 2022 0.12
Mar 31, 2022 0.11
Dec 31, 2021 0.11
Sep 30, 2021 0.19
Jun 30, 2021 0.16