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| Date | Value |
|---|---|
| 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% |