CubeSmart (CUBE) FCF Margin (2010 - 2026)
CubeSmart (CUBE) recorded quarterly FCF Margin of 49.11% in Q1 2026, up 1.7% quarter-over-quarter from 48.28% in Q4 2025, and down 105.0% on a YoY basis from 982.11% in Q1 2025.
CubeSmart (CUBE) FCF Margin (2010 - 2026) Analysis & Trends
CubeSmart's FCF Margin history runs 17 years deep, the most recent figure standing at 49.11% for Q1 2026.
- In Q1 2026, FCF Margin fell 105.0% year-over-year to 49.11%; the TTM figure through Mar 2026 stood at 14.03% (down 4108.0% YoY), while the FY2025 annual figure was 14.01%, down 4237.0% from the prior year.
- FCF Margin was 49.11% for Q1 2026 at CubeSmart, up from 48.28% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 60.03% in Q3 2023 to a low of 92.84% in Q3 2025.
- Historically, FCF Margin has averaged 44.11% across 5 years, with a median of 52.63% in 2025.
- The sharpest annual moves came in 2022 and 2025: FCF Margin jumped 2500 bps in 2022, then tumbled 14562 bps in 2025.
- A 5-year view of FCF Margin shows it stood at 31.98% in 2022, then surged by 61 bps to 51.55% in 2023, then rose by 15 bps to 59.09% in 2024, then fell by 18 bps to 48.28% in 2025, then rose by 2 bps to 49.11% in 2026.
- The last three FCF Margin figures came in at 49.11% (Q1 2026), 48.28% (Q4 2025), and 92.84% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 137.79 Bn | 141.12 Bn | 2.24 Bn | 58.44% |
| 2 | Public Storage | 57.19 Bn | 57.15 Bn | 1.18 Bn | 52.32% |
| 3 | Extra Space Storage | 31.69 Bn | 32.52 Bn | -204.61 Mn | 1,375.39% |
| 4 | Eastgroup Properties | 10.93 Bn | 10.93 Bn | 190.03 Mn | 51.00% |
| 5 | Lineage | 10.07 Bn | 10.97 Bn | 417.00 Mn | -4.24% |
| 6 | CubeSmart | 9.54 Bn | 9.57 Bn | 191.86 Mn | 49.11% |
| 7 | Rexford Industrial Realty | 7.99 Bn | 8.37 Bn | - | - |
| 8 | STAG Industrial | 7.40 Bn | 7.47 Bn | - | 48.42% |
| 9 | Terreno Realty | 7.04 Bn | 7.04 Bn | - | 38.51% |
| 10 | Americold Realty Trust | 4.14 Bn | 4.14 Bn | 195.51 Mn | -11.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 49.11% |
| Dec 31, 2025 | 48.28% |
| Sep 30, 2025 | -92.84% |
| Jun 30, 2025 | 52.63% |
| Mar 31, 2025 | 50.16% |
| Dec 31, 2024 | 59.09% |
| Sep 30, 2024 | 52.78% |
| Jun 30, 2024 | 58.56% |
| Mar 31, 2024 | 55.11% |
| Dec 31, 2023 | 51.55% |
| Sep 30, 2023 | 60.03% |
| Jun 30, 2023 | 59.50% |
| Mar 31, 2023 | 46.25% |
| Dec 31, 2022 | 31.98% |
| Sep 30, 2022 | 58.27% |
| Jun 30, 2022 | 57.81% |
| Mar 31, 2022 | 51.54% |
| Dec 31, 2021 | 6.98% |
| Sep 30, 2021 | 45.31% |
| Jun 30, 2021 | 59.81% |