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
DateValue
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%