CubeSmart (CUBE) Interest Expenses (2009 - 2026)
CubeSmart's (CUBE) quarterly Interest Expenses came in at $34.8 million in Q1 2026, up 7.61% year-on-year from $32.3 million in Q1 2025, and up 17.78% quarter-over-quarter from $29.5 million in Q4 2025.
CubeSmart (CUBE) Interest Expenses (2009 - 2026) Analysis & Trends
CubeSmart's Interest Expenses history runs 18 years deep, the most recent figure standing at $34.8 million for Q1 2026.
- On a quarterly basis, Interest Expenses rose 7.61% year-over-year to $34.8 million in Q1 2026; TTM through Mar 2026 was $122.8 million, a 22.51% increase from a year earlier, with the FY2025 full-year figure at $114.1 million, up 23.21% from the prior year.
- Interest Expenses advanced to $34.8 million in Q1 2026 per CUBE's latest filing, from $29.5 million in the prior quarter.
- Across five years, Interest Expenses topped out at $34.8 million in Q1 2026 and bottomed at $12.8 million in Q4 2023.
- The 5-year median for Interest Expenses is $23.8 million (2022), against an average of $26.0 million.
- Across the five-year window, Interest Expenses sank 82.64% in 2022 and jumped 75.34% in 2024, its largest moves.
- Year by year, Interest Expenses stood at $23.6 million in 2022, then slumped by 45.8% to $12.8 million in 2023, then jumped by 75.34% to $22.4 million in 2024, then jumped by 31.92% to $29.5 million in 2025, then rose by 17.78% to $34.8 million in 2026.
- Per Business Quant, the three latest CUBE Interest Expenses figures stand at $34.8 million (Q1 2026), $29.5 million (Q4 2025), and $29.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 134.75 Bn | 139.31 Bn | 2.24 Bn | 281.91 Mn |
| 2 | Public Storage | 55.31 Bn | 55.27 Bn | 1.18 Bn | 92.26 Mn |
| 3 | Extra Space Storage | 30.66 Bn | 31.49 Bn | 617.72 Mn | 161.18 Mn |
| 4 | Eastgroup Properties | 11.49 Bn | 11.49 Bn | 193.10 Mn | 8.99 Mn |
| 5 | CubeSmart | 9.34 Bn | 9.36 Bn | 191.86 Mn | 34.78 Mn |
| 6 | Lineage | 9.30 Bn | 9.23 Bn | 417.00 Mn | 89.00 Mn |
| 7 | Rexford Industrial Realty | 8.22 Bn | 8.54 Bn | - | 33.13 Mn |
| 8 | STAG Industrial | 7.73 Bn | 7.81 Bn | - | 84.10 Mn |
| 9 | Terreno Realty | 7.56 Bn | 7.56 Bn | - | 1.80 Bn |
| 10 | Americold Realty Trust | 4.04 Bn | 4.04 Bn | 195.51 Mn | 57.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.78 Mn |
| Mar 31, 2026 | 34.78 Mn |
| Dec 31, 2025 | 29.53 Mn |
| Dec 31, 2025 | 29.53 Mn |
| Sep 30, 2025 | 29.38 Mn |
| Sep 30, 2025 | 29.38 Mn |
| Jun 30, 2025 | 29.09 Mn |
| Jun 30, 2025 | 29.09 Mn |
| Mar 31, 2025 | 32.32 Mn |
| Mar 31, 2025 | 32.32 Mn |
| Dec 31, 2024 | 22.38 Mn |
| Dec 31, 2024 | 22.38 Mn |
| Sep 30, 2024 | 22.75 Mn |
| Sep 30, 2024 | 22.75 Mn |
| Jun 30, 2024 | 22.77 Mn |
| Jun 30, 2024 | 22.77 Mn |
| Mar 31, 2024 | 31.55 Mn |
| Mar 31, 2024 | 31.55 Mn |
| Dec 31, 2023 | 12.77 Mn |
| Dec 31, 2023 | 12.77 Mn |