CubeSmart (CUBE) Net Margin (2010 - 2026)
CubeSmart (CUBE) recorded quarterly Net Margin of 0.18% in Q1 2026, up 63.2% quarter-over-quarter from 0.48% in Q4 2025, and up 16.0% on a YoY basis from 0.15% in Q1 2025.
CubeSmart (CUBE) Net Margin (2010 - 2026) Analysis & Trends
CubeSmart's Net Margin history runs 17 years deep, the most recent figure standing at 0.18% for Q1 2026.
- In Q1 2026, Net Margin rose 16.0% year-over-year to 0.18%; the TTM figure through Mar 2026 stood at 0.32% (down 13.0% YoY), while the FY2025 annual figure was 0.36%, down 23.0% from the prior year.
- Net Margin was 0.18% for Q1 2026 at CubeSmart, up from 0.48% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 23.47% in Q2 2022 to a low of 0.48% in Q4 2025.
- Historically, Net Margin has averaged 2.15% across 5 years, with a median of 0.11% in 2024.
- The sharpest annual moves came in 2022 and 2023: Net Margin sank 4152 bps in 2022, then climbed 20 bps in 2023.
- A 5-year view of Net Margin shows it stood at 0.08% in 2022, then gained by 12 bps to 0.07% in 2023, then plunged by 176 bps to 0.2% in 2024, then slumped by 134 bps to 0.48% in 2025, then soared by 63 bps to 0.18% in 2026.
- The last three Net Margin figures came in at 0.18% (Q1 2026), 0.48% (Q4 2025), and 0.32% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 137.79 Bn | 141.12 Bn | 2.24 Bn | 62.07% |
| 2 | Public Storage | 57.19 Bn | 57.15 Bn | 1.18 Bn | 39.15% |
| 3 | Extra Space Storage | 31.69 Bn | 32.52 Bn | -204.61 Mn | 699.75% |
| 4 | Eastgroup Properties | 10.93 Bn | 10.93 Bn | 190.03 Mn | 49.74% |
| 5 | Lineage | 10.07 Bn | 10.97 Bn | 417.00 Mn | -3.93% |
| 6 | CubeSmart | 9.54 Bn | 9.57 Bn | 191.86 Mn | -0.18% |
| 7 | Rexford Industrial Realty | 7.99 Bn | 8.37 Bn | - | - |
| 8 | STAG Industrial | 7.40 Bn | 7.47 Bn | - | 27.64% |
| 9 | Terreno Realty | 7.04 Bn | 7.04 Bn | - | 55.54% |
| 10 | Americold Realty Trust | 4.14 Bn | 4.14 Bn | 195.51 Mn | -3.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.18% |
| Dec 31, 2025 | -0.48% |
| Sep 30, 2025 | -0.32% |
| Jun 30, 2025 | -0.33% |
| Mar 31, 2025 | -0.33% |
| Dec 31, 2024 | -0.20% |
| Sep 30, 2024 | -0.15% |
| Jun 30, 2024 | -0.11% |
| Mar 31, 2024 | -0.08% |
| Dec 31, 2023 | -0.07% |
| Sep 30, 2023 | -0.08% |
| Jun 30, 2023 | -0.08% |
| Mar 31, 2023 | -0.09% |
| Dec 31, 2022 | -0.08% |
| Sep 30, 2022 | -0.28% |
| Jun 30, 2022 | 23.47% |
| Mar 31, 2022 | 15.99% |
| Dec 31, 2021 | 20.44% |
| Sep 30, 2021 | 41.23% |
| Jun 30, 2021 | 24.47% |