CubeSmart CUBE
NYSE CUBE
$39.17 +0.28 (+0.72%)
As of: Sep 10, 2026 · 12:34 PM EDT

CubeSmart (CUBE) Interest Coverage Ratio (2010 - 2026)

CubeSmart (CUBE) posted Interest Coverage Ratio of 0.7 for Q2 2026, down 9.32% on a QoQ basis from 0.78 in Q1 2026, and down 10.4% year-over-year from 0.79 in Q2 2025.

Analysis

CubeSmart (CUBE) Interest Coverage Ratio (2010 - 2026) Analysis & Trends

CubeSmart has reported Interest Coverage Ratio for 17 years, with the latest figure at 0.7 in Q2 2026.

  • On a quarterly basis, Interest Coverage Ratio fell 10.4% year-over-year to 0.7 in Q2 2026; TTM through Jun 2026 was 0.73, a 49.26% decrease from a year earlier, with the FY2025 full-year figure at 0.85, down 53.07% from the prior year.
  • Interest Coverage Ratio was 0.7 for Q2 2026 at CubeSmart, down from 0.78 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 2.56 in Q4 2023, with the low at 0.02 in Q1 2022.
  • Average Interest Coverage Ratio over 5 years is 1.3, with a median of 1.32 recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio tumbled 82.27% in 2022, then surged 13501.11% in 2023.
  • Over 5 years, Interest Coverage Ratio stood at 1.43 in 2022, then soared by 79.8% to 2.56 in 2023, then decreased by 15.76% to 2.16 in 2024, then sank by 64.72% to 0.76 in 2025, then slipped by 7.58% to 0.7 in 2026.
  • The last three Interest Coverage Ratio figures came in at 0.7 (Q2 2026), 0.78 (Q1 2026), and 0.76 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Public Storage 51.84 Bn 51.58 Bn 1.20 Bn 5.50
2 Extra Space Storage 28.88 Bn 28.88 Bn 642.43 Mn -
3 CubeSmart 8.88 Bn 8.88 Bn 190.47 Mn 0.70
4 SmartStop Self Storage REIT 1.77 Bn 1.73 Bn 47.65 Mn 1.34
5 Global Self Storage 57.63 Mn 57.63 Mn - 3.42
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.70
Mar 31, 2026 0.78
Dec 31, 2025 0.76
Sep 30, 2025 0.69
Jun 30, 2025 0.79
Mar 31, 2025 1.22
Dec 31, 2024 2.16
Sep 30, 2024 1.83
Jun 30, 2024 1.51
Mar 31, 2024 1.79
Dec 31, 2023 2.56
Sep 30, 2023 2.10
Jun 30, 2023 1.97
Mar 31, 2023 2.08
Dec 31, 2022 1.43
Sep 30, 2022 0.63
Jun 30, 2022 0.39
Mar 31, 2022 0.02
Dec 31, 2021 0.68
Sep 30, 2021 0.86