CubeSmart (CUBE) FCF Margin (2010 - 2026)

CubeSmart's (CUBE) quarterly FCF Margin came in at 49.11% in Q1 2026, down 155.0% year-on-year from 89.28% in Q1 2025, and down 74.43% quarter-over-quarter from 192.03% in Q4 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.

  • On a quarterly basis, FCF Margin fell 155.0% year-over-year to 49.11% in Q1 2026; TTM through Mar 2026 was 49.81%, a 416.0% decrease from a year earlier, with the FY2025 full-year figure at 50.19%, down 491.0% from the prior year.
  • FCF Margin declined to 49.11% in Q1 2026 per CUBE's latest filing, from 192.03% in the prior quarter.
  • Across five years, FCF Margin topped out at 192.03% in Q4 2025 and bottomed at 101.18% in Q2 2025.
  • The 5-year median for FCF Margin is 54.0% (2024), against an average of 52.18%.
  • Biggest YoY gain for FCF Margin was 13803 bps in 2025; the steepest drop was 16145 bps in 2025.
  • Year by year, FCF Margin stood at 28.13% in 2022, then soared by 80 bps to 50.57% in 2023, then increased by 7 bps to 54.0% in 2024, then soared by 256 bps to 192.03% in 2025, then slumped by 74 bps to 49.11% in 2026.
  • Per Business Quant, the three latest CUBE FCF Margin figures stand at 49.11% (Q1 2026), 192.03% (Q4 2025), and 59.01% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Prologis 136.28 Bn 136.28 Bn 2.24 Bn 14.90%
2 Public Storage 56.88 Bn 56.75 Bn 1.18 Bn 55.35%
3 Extra Space Storage 31.33 Bn 31.33 Bn 617.72 Mn 56.38%
4 Eastgroup Properties 11.32 Bn 11.32 Bn 193.10 Mn 90.98%
5 Lineage 9.65 Bn 9.58 Bn 417.00 Mn -4.24%
6 CubeSmart 9.61 Bn 9.61 Bn 191.86 Mn 49.11%
7 Rexford Industrial Realty 8.84 Bn 8.78 Bn - -
8 STAG Industrial 7.81 Bn 7.81 Bn - 33.95%
9 Terreno Realty 7.64 Bn 7.64 Bn - 41.22%
10 Americold Realty Trust 4.15 Bn 4.11 Bn 195.51 Mn -11.13%

Historic Data

Download Data
DateValue
Mar 31, 2026 49.11%
Dec 31, 2025 192.03%
Sep 30, 2025 59.01%
Jun 30, 2025 -101.18%
Mar 31, 2025 50.65%
Dec 31, 2024 54.00%
Sep 30, 2024 51.10%
Jun 30, 2024 60.27%
Mar 31, 2024 55.11%
Dec 31, 2023 50.57%
Sep 30, 2023 60.99%
Jun 30, 2023 59.50%
Mar 31, 2023 46.25%
Dec 31, 2022 28.13%
Sep 30, 2022 60.46%
Jun 30, 2022 59.54%
Mar 31, 2022 51.54%
Dec 31, 2021 45.88%
Sep 30, 2021 43.84%
Jun 30, 2021 59.81%