CubeSmart (CUBE) EBITDA (2010 - 2026)
CubeSmart (CUBE) posted quarterly EBITDA of $21.4 million for Q2 2026, down 6.55% year-over-year from $22.9 million in Q2 2025, and down 7.77% on a QoQ basis from $23.2 million in Q1 2026.
CubeSmart (CUBE) EBITDA (2010 - 2026) Analysis & Trends
CubeSmart has reported EBITDA for 17 years, with the latest figure at $21.4 million in Q2 2026.
- EBITDA for Q2 2026 came in at $21.4 million, down 6.55% year-over-year; the trailing twelve-month figure through Jun 2026 was $87.2 million (down 39.78% YoY), and the FY2025 annual result was $97.5 million, down 41.04% from the prior year.
- EBITDA slipped to $21.4 million in Q2 2026, from $23.2 million in the prior quarter.
- Over five years, EBITDA peaked at $58.0 million in Q4 2023 and troughed at $349000.0 in Q1 2022.
- A 5-year average of $31.5 million and a median of $32.8 million in 2022 frame the typical range for EBITDA.
- The widest annual swing landed in 2022, when EBITDA tumbled 78.96%; it then jumped 14017.77% in 2023.
- A 5-year view of EBITDA shows it stood at $33.6 million in 2022, then jumped by 72.71% to $58.0 million in 2023, then decreased by 16.67% to $48.3 million in 2024, then slumped by 53.46% to $22.5 million in 2025, then slipped by 5.04% to $21.4 million in 2026.
- Per Business Quant data, the three most recent EBITDA figures were $21.4 million in Q2 2026, $23.2 million in Q1 2026, and $22.5 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 131.18 Bn | 131.18 Bn | 2.41 Bn | 1.25 Bn |
| 2 | Public Storage | 56.71 Bn | 56.45 Bn | 1.20 Bn | 738.47 Mn |
| 3 | Extra Space Storage | 31.13 Bn | 31.13 Bn | 642.43 Mn | 392.18 Mn |
| 4 | Eastgroup Properties | 10.82 Bn | 10.82 Bn | 193.10 Mn | 124.47 Mn |
| 5 | Lineage | 9.47 Bn | 9.41 Bn | 425.00 Mn | 236.00 Mn |
| 6 | CubeSmart | 9.34 Bn | 9.34 Bn | 190.47 Mn | 21.37 Mn |
| 7 | Rexford Industrial Realty | 8.31 Bn | 8.31 Bn | - | - |
| 8 | Terreno Realty | 7.29 Bn | 7.29 Bn | - | - |
| 9 | STAG Industrial | 6.97 Bn | 6.97 Bn | - | - |
| 10 | Americold Realty Trust | 4.33 Bn | 4.29 Bn | 212.69 Mn | -287.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.37 Mn |
| 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 |