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
DateValue
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