CubeSmart (CUBE) Net Margin (2010 - 2026)
CubeSmart's (CUBE) quarterly Net Margin came in at 0.18% in Q1 2026, up 16.0% year-on-year from 0.15% in Q1 2025, and up 63.2% quarter-over-quarter from 0.48% in Q4 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.
- On a quarterly basis, Net Margin rose 16.0% year-over-year to 0.18% in Q1 2026; TTM through Mar 2026 was 0.32%, a 13.0% decrease from a year earlier, with the FY2025 full-year figure at 0.36%, down 23.0% from the prior year.
- Net Margin improved to 0.18% in Q1 2026 per CUBE's latest filing, from 0.48% in the prior quarter.
- Across five years, Net Margin topped out at 23.47% in Q2 2022 and bottomed at 0.48% in Q4 2025.
- The 5-year median for Net Margin is 0.13% (2024), against an average of 2.29%.
- Across the five-year window, Net Margin sank 4152 bps in 2022 and increased 20 bps in 2023, its largest moves.
- Year by year, Net Margin stood at 0.08% in 2022, then gained by 12 bps to 0.07% in 2023, then slumped by 176 bps to 0.2% in 2024, then plunged by 134 bps to 0.48% in 2025, then soared by 63 bps to 0.18% in 2026.
- Per Business Quant, the three latest CUBE Net Margin figures stand at 0.18% (Q1 2026), 0.48% (Q4 2025), and 0.32% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 136.88 Bn | 136.88 Bn | 2.24 Bn | 62.07% |
| 2 | Public Storage | 57.45 Bn | 57.32 Bn | 1.18 Bn | 39.15% |
| 3 | Extra Space Storage | 31.56 Bn | 31.56 Bn | 617.72 Mn | 27.62% |
| 4 | Eastgroup Properties | 11.43 Bn | 11.43 Bn | 193.10 Mn | 39.06% |
| 5 | CubeSmart | 9.69 Bn | 9.69 Bn | 191.86 Mn | -0.18% |
| 6 | Lineage | 9.50 Bn | 9.44 Bn | 417.00 Mn | -3.93% |
| 7 | Rexford Industrial Realty | 8.87 Bn | 8.82 Bn | - | - |
| 8 | STAG Industrial | 7.83 Bn | 7.83 Bn | - | 27.64% |
| 9 | Terreno Realty | 7.67 Bn | 7.67 Bn | - | 55.54% |
| 10 | Americold Realty Trust | 4.17 Bn | 4.13 Bn | 195.51 Mn | -2.17% |
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% |
| 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% |
| Mar 31, 2021 | 22.10% |