15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $1.1B | $331M | 92.9% | 0.0% | — | — | $6M |
| 2024 | $1.1B | $392M | 88.7% | 0.0% | $589M | — | $72M |
| 2023 | $1.1B | $412M | 85.3% | 0.0% | — | — | $7M |
| 2022 | $1.0B | $292M | 79.9% | 0.0% | — | — | $6M |
| 2021 | $823M | $231M | 0.0% | 0.0% | — | — | $11M |
| 2020 | $679M | $168M | 0.0% | 0.0% | — | — | $4M |
| 2019 | $644M | $171M | 0.0% | 0.0% | $213M | — | $55M |
| 2018 | $598M | $165M | 0.0% | 0.0% | $77M | — | $4M |
| 2017 | $559M | $136M | 0.0% | 35.0% | $211M | — | $5M |
| 2016 | — | $88M | — | — | — | — | $3M |
| 2015 | — | $79M | — | — | — | — | $63M |
| 2014 | — | $27M | — | — | — | — | $3M |
| 2013 | — | $42M | — | — | — | — | $3M |
| 2012 | — | $4M | — | — | — | — | $4M |
| 2011 | — | $2M | — | — | — | — | $9M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $282M | $83M | 68.1% | 0.0% | — | — | $7M |
| Dec '25 | $283M | $78M | 68.7% | 0.0% | — | — | $6M |
| Sep '25 | $285M | $82M | 68.1% | 0.0% | — | — | $108M |
| Jun '25 | $282M | $82M | 68.5% | 0.0% | — | — | $9M |
| Mar '25 | $273M | $89M | 69.6% | 0.0% | — | — | $11M |
| Dec '24 | $268M | $102M | 71.7% | 0.0% | — | — | $72M |
| Sep '24 | $271M | $101M | 69.8% | 0.0% | — | — | $44M |
| Jun '24 | $266M | $94M | 68.8% | 0.0% | — | — | $6M |
| Mar '24 | $261M | $95M | 70.5% | 0.0% | — | — | $6M |
| Dec '23 | $265M | $113M | 73.1% | 0.0% | — | — | $7M |
| Sep '23 | $268M | $103M | 71.1% | 0.0% | — | — | $8M |
| Jun '23 | $261M | $98M | 71.3% | 0.0% | — | — | $9M |
| Mar '23 | $257M | $98M | 72.3% | 0.0% | — | — | $6M |
| Dec '22 | $261M | $82M | 72.2% | 0.0% | — | — | $6M |
| Sep '22 | $261M | $113M | 70.6% | 0.0% | — | — | $5M |
| Jun '22 | $249M | $59M | 70.5% | 0.0% | — | — | $5M |
| Mar '22 | $239M | $38M | 70.4% | 0.0% | — | — | $8M |
| Dec '21 | $222M | $47M | 71.6% | 0.0% | — | — | $11M |
| Sep '21 | $213M | $91M | 69.9% | 0.0% | — | — | $20M |
| Jun '21 | $199M | $50M | 68.0% | 0.0% | — | — | $4M |
How the market has priced CUBE against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Cubesmart's revenue has grown 10.6% per year, and net income grown 14.6% per year. These are computed facts, not advice.
As of FY2025, Cubesmart reported — of total debt against $6M of cash.
In FY2025, gross margin was 92.9%, operating margin —, and net margin 29.5%.
As of Jun '26, Cubesmart traded at a price-to-earnings ratio of about 27.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.