CubeSmart (CUBE) Payables (2010 - 2026)
CubeSmart (CUBE) posted Payables of $460.1 million for Q2 2026, up 3.66% on a QoQ basis from $443.8 million in Q1 2026, and down 18.17% year-over-year from $562.2 million in Q2 2025.
Analysis
CubeSmart (CUBE) Payables (2010 - 2026) Analysis & Trends
CubeSmart has reported Payables for 17 years, with the latest figure at $460.1 million in Q2 2026.
- On a quarterly basis, Payables fell 18.17% year-over-year to $460.1 million in Q2 2026; TTM through Jun 2026 was $460.1 million, a 18.17% decrease from a year earlier, with the FY2025 full-year figure at $450.0 million, down 18.93% from the prior year.
- Payables was $460.1 million for Q2 2026 at CubeSmart, up from $443.8 million in the prior quarter.
- The five-year high for Payables was $570.5 million in Q3 2025, with the low at $434.7 million in Q3 2024.
- Average Payables over 5 years is $480.2 million, with a median of $461.4 million recorded in 2022.
- The largest YoY upside for Payables was 31.24% in 2025 against a maximum downside of 18.93% in 2025.
- Over 5 years, Payables stood at $488.5 million in 2022, then decreased by 8.82% to $445.4 million in 2023, then climbed by 24.62% to $555.1 million in 2024, then decreased by 18.93% to $450.0 million in 2025, then rose by 2.22% to $460.1 million in 2026.
- The last three Payables figures came in at $460.1 million (Q2 2026), $443.8 million (Q1 2026), and $450.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Public Storage | 53.04 Bn | 52.88 Bn | 1.20 Bn | 10.18 Bn |
| 2 | Extra Space Storage | 29.41 Bn | 30.29 Bn | 642.43 Mn | 445.14 Mn |
| 3 | CubeSmart | 8.91 Bn | 8.94 Bn | 190.47 Mn | 460.06 Mn |
| 4 | SmartStop Self Storage REIT | 1.80 Bn | 1.86 Bn | 47.65 Mn | 52.78 Mn |
| 5 | Global Self Storage | 59.62 Mn | 59.62 Mn | - | 16.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 460.06 Mn |
| Mar 31, 2026 | 443.82 Mn |
| Dec 31, 2025 | 450.04 Mn |
| Sep 30, 2025 | 570.52 Mn |
| Jun 30, 2025 | 562.19 Mn |
| Mar 31, 2025 | 545.41 Mn |
| Dec 31, 2024 | 555.10 Mn |
| Sep 30, 2024 | 434.72 Mn |
| Jun 30, 2024 | 441.69 Mn |
| Mar 31, 2024 | 445.96 Mn |
| Dec 31, 2023 | 445.43 Mn |
| Sep 30, 2023 | 462.46 Mn |
| Jun 30, 2023 | 456.08 Mn |
| Mar 31, 2023 | 461.13 Mn |
| Dec 31, 2022 | 488.49 Mn |
| Sep 30, 2022 | 479.79 Mn |
| Jun 30, 2022 | 479.79 Mn |
| Mar 31, 2022 | 461.61 Mn |
| Dec 31, 2021 | 465.08 Mn |
| Sep 30, 2021 | 417.88 Mn |