CubeSmart (CUBE) Non-Current Debt (2010 - 2026)
CubeSmart (CUBE) posted Non-Current Debt of $450.8 million for Q2 2026, up 8.61% on a QoQ basis from $415.1 million in Q1 2026, and up 23.08% year-over-year from $366.3 million in Q2 2025.
Analysis
CubeSmart (CUBE) Non-Current Debt (2010 - 2026) Analysis & Trends
CubeSmart has reported Non-Current Debt for 17 years, with the latest figure at $450.8 million in Q2 2026.
- On a quarterly basis, Non-Current Debt rose 23.08% year-over-year to $450.8 million in Q2 2026; TTM through Jun 2026 was $450.8 million, a 23.08% increase from a year earlier, with the FY2025 full-year figure at $378.8 million, changed N/A from the prior year.
- Non-Current Debt was $450.8 million for Q2 2026 at CubeSmart, up from $415.1 million in the prior quarter.
- The five-year high for Non-Current Debt was $450.8 million in Q2 2026, with the low at $10.6 million in Q2 2024.
- Average Non-Current Debt over 5 years is $178.8 million, with a median of $86.0 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: Non-Current Debt slumped 96.09% in 2022, then jumped 3355.66% in 2025.
- Over 5 years, Non-Current Debt stood at $60.9 million in 2022, then plunged by 70.28% to $18.1 million in 2023, then slumped by 41.44% to $10.6 million in 2024, then surged by 3473.58% to $378.8 million in 2025, then gained by 19.02% to $450.8 million in 2026.
- The last three Non-Current Debt figures came in at $450.8 million (Q2 2026), $415.1 million (Q1 2026), and $378.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Public Storage | 53.04 Bn | 52.88 Bn | 1.20 Bn | - |
| 2 | Extra Space Storage | 29.41 Bn | 30.29 Bn | 642.43 Mn | 9.46 Bn |
| 3 | CubeSmart | 8.91 Bn | 8.94 Bn | 190.47 Mn | 450.84 Mn |
| 4 | SmartStop Self Storage REIT | 1.80 Bn | 1.86 Bn | 47.65 Mn | - |
| 5 | Global Self Storage | 59.62 Mn | 59.62 Mn | - | 15.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 450.84 Mn |
| Mar 31, 2026 | 415.10 Mn |
| Dec 31, 2025 | 378.80 Mn |
| Jun 30, 2025 | 366.30 Mn |
| Mar 31, 2025 | 382.40 Mn |
| Jun 30, 2024 | 10.60 Mn |
| Mar 31, 2024 | 18.40 Mn |
| Dec 31, 2023 | 18.10 Mn |
| Sep 30, 2023 | 15.20 Mn |
| Jun 30, 2023 | 63.20 Mn |
| Mar 31, 2023 | 61.40 Mn |
| Dec 31, 2022 | 60.90 Mn |
| Sep 30, 2022 | 86.00 Mn |
| Jun 30, 2022 | 168.90 Mn |
| Mar 31, 2022 | 185.40 Mn |
| Dec 31, 2021 | 209.90 Mn |
| Sep 30, 2021 | 2.20 Bn |
| Jun 30, 2021 | 24.60 Mn |
| Mar 31, 2021 | 52.80 Mn |
| Dec 31, 2020 | 117.80 Mn |