CubeSmart (CUBE) Interest Coverage Ratio (2010 - 2026)
CubeSmart's (CUBE) quarterly Interest Coverage Ratio came in at 0.67 in Q1 2026, down 32.61% year-on-year from 0.99 in Q1 2025, and down 12.58% quarter-over-quarter from 0.76 in Q4 2025.
CubeSmart (CUBE) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
CubeSmart's Interest Coverage Ratio history runs 17 years deep, the most recent figure standing at 0.67 for Q1 2026.
- On a quarterly basis, Interest Coverage Ratio fell 32.61% year-over-year to 0.67 in Q1 2026; TTM through Mar 2026 was 0.72, a 53.67% decrease from a year earlier, with the FY2025 full-year figure at 0.85, down 52.15% from the prior year.
- Interest Coverage Ratio eased to 0.67 in Q1 2026 per CUBE's latest filing, from 0.76 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 4.54 in Q4 2023 and bottomed at 0.01 in Q1 2022.
- The 5-year median for Interest Coverage Ratio is 1.3 (2024), against an average of 1.37.
- Across the five-year window, Interest Coverage Ratio soared 10739.75% in 2023 and plunged 64.72% in 2025, its largest moves.
- Year by year, Interest Coverage Ratio stood at 1.43 in 2022, then soared by 218.68% to 4.54 in 2023, then sank by 52.47% to 2.16 in 2024, then plunged by 64.72% to 0.76 in 2025, then decreased by 12.58% to 0.67 in 2026.
- Per Business Quant, the three latest CUBE Interest Coverage Ratio figures stand at 0.67 (Q1 2026), 0.76 (Q4 2025), and 0.69 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 134.75 Bn | 139.31 Bn | 2.24 Bn | 5.77 |
| 2 | Public Storage | 55.31 Bn | 55.27 Bn | 1.18 Bn | 5.14 |
| 3 | Extra Space Storage | 30.66 Bn | 31.49 Bn | 617.72 Mn | 2.28 |
| 4 | Eastgroup Properties | 11.49 Bn | 11.49 Bn | 193.10 Mn | 8.74 |
| 5 | CubeSmart | 9.34 Bn | 9.36 Bn | 191.86 Mn | 0.67 |
| 6 | Lineage | 9.30 Bn | 9.23 Bn | 417.00 Mn | 0.40 |
| 7 | Rexford Industrial Realty | 8.22 Bn | 8.54 Bn | - | - |
| 8 | STAG Industrial | 7.73 Bn | 7.81 Bn | - | - |
| 9 | Terreno Realty | 7.56 Bn | 7.56 Bn | - | - |
| 10 | Americold Realty Trust | 4.04 Bn | 4.04 Bn | 195.51 Mn | 0.25 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.67 |
| Dec 31, 2025 | 0.76 |
| Sep 30, 2025 | 0.69 |
| Jun 30, 2025 | 0.79 |
| Mar 31, 2025 | 0.99 |
| Dec 31, 2024 | 2.16 |
| Sep 30, 2024 | 1.83 |
| Jun 30, 2024 | 1.51 |
| Mar 31, 2024 | 1.30 |
| Dec 31, 2023 | 4.54 |
| Sep 30, 2023 | 2.10 |
| Jun 30, 2023 | 1.97 |
| Mar 31, 2023 | 1.53 |
| Dec 31, 2022 | 1.43 |
| Sep 30, 2022 | 0.63 |
| Jun 30, 2022 | 0.39 |
| Mar 31, 2022 | 0.01 |
| Dec 31, 2021 | 0.68 |
| Sep 30, 2021 | 0.15 |
| Jun 30, 2021 | 0.05 |