CubeSmart (CUBE) Net Margin (2010 - 2026)
CubeSmart (CUBE) posted Net Margin of 0.18% for Q2 2026, down 3.59% on a QoQ basis from 0.18% in Q1 2026, and up 15.0% year-over-year from 0.16% in Q2 2025.
Analysis
CubeSmart (CUBE) Net Margin (2010 - 2026) Analysis & Trends
CubeSmart has reported Net Margin for 17 years, with the latest figure at 0.18% in Q2 2026.
- On a quarterly basis, Net Margin rose 15.0% year-over-year to 0.18% in Q2 2026; TTM through Jun 2026 was 0.29%, a 3.0% decrease from a year earlier, with the FY2025 full-year figure at 0.36%, down 23.0% from the prior year.
- Net Margin was 0.18% for Q2 2026 at CubeSmart, down from 0.18% in the prior quarter.
- The five-year high for Net Margin was 23.47% in Q2 2022, with the low at 0.48% in Q4 2025.
- Average Net Margin over 5 years is 2.3%, with a median of 0.13% recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Net Margin tumbled 4130 bps in 2022, then increased 16 bps in 2026.
- Over 5 years, Net Margin stood at 0.08% in 2022, then advanced by 12 bps to 0.07% in 2023, then tumbled by 176 bps to 0.2% in 2024, then sank by 134 bps to 0.48% in 2025, then surged by 62 bps to 0.18% in 2026.
- The last three Net Margin figures came in at 0.18% (Q2 2026), 0.18% (Q1 2026), and 0.48% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Public Storage | 51.78 Bn | 51.52 Bn | 1.20 Bn | 36.52% |
| 2 | Extra Space Storage | 28.87 Bn | 28.87 Bn | 642.43 Mn | 29.68% |
| 3 | CubeSmart | 8.88 Bn | 8.88 Bn | 190.47 Mn | -0.18% |
| 4 | SmartStop Self Storage REIT | 1.77 Bn | 1.73 Bn | 47.65 Mn | 14.19% |
| 5 | Global Self Storage | 58.13 Mn | 58.13 Mn | - | 15.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.18% |
| 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% |
| Dec 31, 2022 | -0.08% |
| Sep 30, 2022 | -0.07% |
| 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% |