CubeSmart (CUBE) EBT Margin (2010 - 2026)
CubeSmart (CUBE) posted EBT Margin of 31.23% for Q2 2026, up 6.39% on a QoQ basis from 29.35% in Q1 2026, and up 203.0% year-over-year from 10.31% in Q2 2025.
Analysis
CubeSmart (CUBE) EBT Margin (2010 - 2026) Analysis & Trends
CubeSmart has reported EBT Margin for 17 years, with the latest figure at 31.23% in Q2 2026.
- On a quarterly basis, EBT Margin rose 203.0% year-over-year to 31.23% in Q2 2026; TTM through Jun 2026 was 29.25%, a 494.0% decrease from a year earlier, with the FY2025 full-year figure at 29.5%, down 725.0% from the prior year.
- EBT Margin was 31.23% for Q2 2026 at CubeSmart, up from 29.35% in the prior quarter.
- The five-year high for EBT Margin was 43.4% in Q3 2022, with the low at 16.04% in Q1 2022.
- Average EBT Margin over 5 years is 33.19%, with a median of 33.94% recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: EBT Margin jumped 3012 bps in 2022, then slumped 1056 bps in 2025.
- Over 5 years, EBT Margin stood at 31.49% in 2022, then jumped by 36 bps to 42.67% in 2023, then slipped by 11 bps to 38.06% in 2024, then declined by 28 bps to 27.49% in 2025, then rose by 14 bps to 31.23% in 2026.
- The last three EBT Margin figures came in at 31.23% (Q2 2026), 29.35% (Q1 2026), and 27.49% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Public Storage | 53.04 Bn | 52.88 Bn | 1.20 Bn | 41.01% |
| 2 | Extra Space Storage | 29.41 Bn | 30.29 Bn | 642.43 Mn | 31.06% |
| 3 | CubeSmart | 8.91 Bn | 8.94 Bn | 190.47 Mn | 31.23% |
| 4 | SmartStop Self Storage REIT | 1.80 Bn | 1.86 Bn | 47.65 Mn | 8.38% |
| 5 | Global Self Storage | 59.62 Mn | 59.62 Mn | - | 15.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.23% |
| Mar 31, 2026 | 29.35% |
| Dec 31, 2025 | 27.49% |
| Sep 30, 2025 | 28.91% |
| Jun 30, 2025 | 29.20% |
| Mar 31, 2025 | 32.50% |
| Dec 31, 2024 | 38.06% |
| Sep 30, 2024 | 37.27% |
| Jun 30, 2024 | 35.38% |
| Mar 31, 2024 | 36.29% |
| Dec 31, 2023 | 42.67% |
| Sep 30, 2023 | 38.48% |
| Jun 30, 2023 | 37.77% |
| Mar 31, 2023 | 38.27% |
| Dec 31, 2022 | 31.49% |
| Sep 30, 2022 | 43.40% |
| Jun 30, 2022 | 23.56% |
| Mar 31, 2022 | 16.04% |
| Dec 31, 2021 | 20.98% |
| Sep 30, 2021 | 42.61% |