CubeSmart (CUBE) EBITDA Margin (2010 - 2026)

CubeSmart's (CUBE) quarterly EBITDA Margin came in at 8.22% in Q1 2026, down 348.0% year-on-year from 3.31% in Q1 2025, and up 3.25% quarter-over-quarter from 7.96% in Q4 2025.

CubeSmart (CUBE) EBITDA Margin (2010 - 2026) Analysis & Trends

CubeSmart's EBITDA Margin history runs 17 years deep, the most recent figure standing at 8.22% for Q1 2026.

  • On a quarterly basis, EBITDA Margin fell 348.0% year-over-year to 8.22% in Q1 2026; TTM through Mar 2026 was 7.84%, a 667.0% decrease from a year earlier, with the FY2025 full-year figure at 8.68%, down 683.0% from the prior year.
  • EBITDA Margin grew to 8.22% in Q1 2026 per CUBE's latest filing, from 7.96% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 21.88% in Q4 2023 and bottomed at 0.15% in Q1 2022.
  • The 5-year median for EBITDA Margin is 12.87% (2022), against an average of 12.03%.
  • Across the five-year window, EBITDA Margin surged 1906 bps in 2023 and tumbled 1010 bps in 2025, its largest moves.
  • Year by year, EBITDA Margin stood at 12.87% in 2022, then soared by 70 bps to 21.88% in 2023, then fell by 17 bps to 18.06% in 2024, then tumbled by 56 bps to 7.96% in 2025, then advanced by 3 bps to 8.22% in 2026.
  • Per Business Quant, the three latest CUBE EBITDA Margin figures stand at 8.22% (Q1 2026), 7.96% (Q4 2025), and 7.08% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Prologis 136.28 Bn 136.28 Bn 2.24 Bn 72.20%
2 Public Storage 56.88 Bn 56.75 Bn 1.18 Bn 38.95%
3 Extra Space Storage 31.33 Bn 31.33 Bn 617.72 Mn 42.94%
4 Eastgroup Properties 11.32 Bn 11.32 Bn 193.10 Mn 40.64%
5 Lineage 9.65 Bn 9.58 Bn 417.00 Mn 2.78%
6 CubeSmart 9.61 Bn 9.61 Bn 191.86 Mn 8.22%
7 Rexford Industrial Realty 8.84 Bn 8.78 Bn - -
8 STAG Industrial 7.81 Bn 7.81 Bn - -
9 Terreno Realty 7.64 Bn 7.64 Bn - -
10 Americold Realty Trust 4.15 Bn 4.11 Bn 195.51 Mn 2.27%

Historic Data

Download Data
DateValue
Mar 31, 2026 8.22%
Dec 31, 2025 7.96%
Sep 30, 2025 7.08%
Jun 30, 2025 8.10%
Mar 31, 2025 11.70%
Dec 31, 2024 18.06%
Sep 30, 2024 15.39%
Jun 30, 2024 12.91%
Mar 31, 2024 15.68%
Dec 31, 2023 21.88%
Sep 30, 2023 18.19%
Jun 30, 2023 17.82%
Mar 31, 2023 19.21%
Dec 31, 2022 12.87%
Sep 30, 2022 5.73%
Jun 30, 2022 3.60%
Mar 31, 2022 0.15%
Dec 31, 2021 6.46%
Sep 30, 2021 7.75%
Jun 30, 2021 3.03%