CubeSmart (CUBE) EBITDA (2010 - 2026)
CubeSmart (CUBE) recorded quarterly EBITDA of $23.2 million in Q1 2026, up 2.97% quarter-over-quarter from $22.5 million in Q4 2025, and down 27.48% on a YoY basis from $31.9 million in Q1 2025.
CubeSmart (CUBE) EBITDA (2010 - 2026) Analysis & Trends
CubeSmart's EBITDA history runs 17 years deep, the most recent figure standing at $23.2 million for Q1 2026.
- In Q1 2026, EBITDA fell 27.48% year-over-year to $23.2 million; the TTM figure through Mar 2026 stood at $88.7 million (down 43.25% YoY), while the FY2025 annual figure was $97.5 million, down 41.04% from the prior year.
- EBITDA was $23.2 million for Q1 2026 at CubeSmart, up from $22.5 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $58.0 million in Q4 2023 to a low of $349000.0 in Q1 2022.
- Historically, EBITDA has averaged $32.1 million across 5 years, with a median of $33.6 million in 2022.
- The sharpest annual moves came in 2022 and 2023: EBITDA plunged 78.96% in 2022, then jumped 14017.77% in 2023.
- A 5-year view of EBITDA shows it stood at $33.6 million in 2022, then surged by 72.71% to $58.0 million in 2023, then slipped by 16.67% to $48.3 million in 2024, then sank by 53.46% to $22.5 million in 2025, then gained by 2.97% to $23.2 million in 2026.
- The last three EBITDA figures came in at $23.2 million (Q1 2026), $22.5 million (Q4 2025), and $20.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 137.79 Bn | 141.12 Bn | 2.24 Bn | 1.63 Bn |
| 2 | Public Storage | 57.19 Bn | 57.15 Bn | 1.18 Bn | 743.48 Mn |
| 3 | Extra Space Storage | 31.69 Bn | 32.52 Bn | -204.61 Mn | 367.55 Mn |
| 4 | Eastgroup Properties | 10.93 Bn | 10.93 Bn | 190.03 Mn | 96.60 Mn |
| 5 | Lineage | 10.07 Bn | 10.97 Bn | 417.00 Mn | -71.00 Mn |
| 6 | CubeSmart | 9.54 Bn | 9.57 Bn | 191.86 Mn | 23.17 Mn |
| 7 | Rexford Industrial Realty | 7.99 Bn | 8.37 Bn | - | - |
| 8 | STAG Industrial | 7.40 Bn | 7.47 Bn | - | - |
| 9 | Terreno Realty | 7.04 Bn | 7.04 Bn | - | - |
| 10 | Americold Realty Trust | 4.14 Bn | 4.14 Bn | 195.51 Mn | 14.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.17 Mn |
| Dec 31, 2025 | 22.50 Mn |
| Sep 30, 2025 | 20.19 Mn |
| Jun 30, 2025 | 22.86 Mn |
| Mar 31, 2025 | 31.94 Mn |
| Dec 31, 2024 | 48.34 Mn |
| Sep 30, 2024 | 41.68 Mn |
| Jun 30, 2024 | 34.36 Mn |
| Mar 31, 2024 | 40.99 Mn |
| Dec 31, 2023 | 58.01 Mn |
| Sep 30, 2023 | 48.74 Mn |
| Jun 30, 2023 | 46.48 Mn |
| Mar 31, 2023 | 49.27 Mn |
| Dec 31, 2022 | 33.59 Mn |
| Sep 30, 2022 | 14.99 Mn |
| Jun 30, 2022 | 8.95 Mn |
| Mar 31, 2022 | 349,000.00 |
| Dec 31, 2021 | 14.33 Mn |
| Sep 30, 2021 | 16.47 Mn |
| Jun 30, 2021 | 6.05 Mn |