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CubeSmart is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United States. The company's real estate portfolio is composed of buildings with numerous enclosed storage areas for both residential and commercial customers to rent mainly on a month-by-month basis. Majority of CubeSmart's facilities are located in Florida, Texas, California, New York, and Illinois. Cumulatively, these states account for both the majority of the square footage in the company's real estate portfolio and the majority of its revenue. The company derives nearly all of its revenue from rental income from tenants utilizing its storage facilities.
2004
3.1K+
LTM Revenue $1.1B
LTM EBITDA $696M
$13.2B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
CubeSmart has a last 12-month revenue (LTM) of $1.1B and a last 12-month EBITDA of $696M.
In the most recent fiscal year, CubeSmart achieved revenue of $1.1B and an EBITDA of $692M.
CubeSmart expects next 12-month revenue of XXX and NTM EBITDA of XXX
See CubeSmart valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $1.1B | XXX | $1.1B | XXX | XXX | XXX |
| Gross Profit | $749M | XXX | $748M | XXX | XXX | XXX |
| Gross Margin | 70% | XXX | 70% | XXX | XXX | XXX |
| EBITDA | $696M | XXX | $692M | XXX | XXX | XXX |
| EBITDA Margin | 65% | XXX | 65% | XXX | XXX | XXX |
| EBIT | $474M | XXX | $483M | XXX | XXX | XXX |
| EBIT Margin | 44% | XXX | 45% | XXX | XXX | XXX |
| Net Profit | $377M | XXX | $391M | XXX | XXX | XXX |
| Net Margin | 35% | XXX | 37% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | $2.9B | XXX | XXX | XXX |
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As of May 30, 2025, CubeSmart's stock price is $43.
CubeSmart has current market cap of $9.7B, and EV of $13.2B.
See CubeSmart trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $13.2B | $9.7B | XXX | XXX | XXX | XXX | $1.65 |
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Start Free TrialAs of May 30, 2025, CubeSmart has market cap of $9.7B and EV of $13.2B.
CubeSmart's trades at 12.4x EV/Revenue multiple, and 19.0x EV/EBITDA.
Equity research analysts estimate CubeSmart's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
CubeSmart has a P/E ratio of 25.9x.
See valuation multiples for CubeSmart and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $9.7B | XXX | $9.7B | XXX | XXX | XXX |
| EV (current) | $13.2B | XXX | $13.2B | XXX | XXX | XXX |
| EV/Revenue | 12.3x | XXX | 12.4x | XXX | XXX | XXX |
| EV/EBITDA | 18.9x | XXX | 19.0x | XXX | XXX | XXX |
| EV/EBIT | 27.8x | XXX | 27.3x | XXX | XXX | XXX |
| EV/Gross Profit | 17.6x | XXX | n/a | XXX | XXX | XXX |
| P/E | 25.9x | XXX | 24.9x | XXX | XXX | XXX |
| EV/FCF | 24.0x | XXX | 20.9x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialCubeSmart's last 12 month revenue growth is 2%
CubeSmart's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.1M for the same period.
CubeSmart's rule of 40 is 70% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
CubeSmart's rule of X is 71% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for CubeSmart and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 2% | XXX | 2% | XXX | XXX | XXX |
| EBITDA Margin | 65% | XXX | 65% | XXX | XXX | XXX |
| EBITDA Growth | 3% | XXX | -1% | XXX | XXX | XXX |
| Rule of 40 | 70% | XXX | 67% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 71% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $0.3M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 25% | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Scentre Group | XXX | XXX | XXX | XXX | XXX | XXX |
| WOTSO Flexspace | XXX | XXX | XXX | XXX | XXX | XXX |
| Shurgard | XXX | XXX | XXX | XXX | XXX | XXX |
| HSI Renda Imobiliária | XXX | XXX | XXX | XXX | XXX | XXX |
| Segro | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
CubeSmart acquired XXX companies to date.
Last acquisition by CubeSmart was XXXXXXXX, XXXXX XXXXX XXXXXX . CubeSmart acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Start Free Trial| When was CubeSmart founded? | CubeSmart was founded in 2004. |
| Where is CubeSmart headquartered? | CubeSmart is headquartered in United States of America. |
| How many employees does CubeSmart have? | As of today, CubeSmart has 3.1K+ employees. |
| Who is the CEO of CubeSmart? | CubeSmart's CEO is Mr. Christopher P. Marr. |
| Is CubeSmart publicy listed? | Yes, CubeSmart is a public company listed on NYS. |
| What is the stock symbol of CubeSmart? | CubeSmart trades under CUBE ticker. |
| When did CubeSmart go public? | CubeSmart went public in 2004. |
| Who are competitors of CubeSmart? | Similar companies to CubeSmart include e.g. Scentre Group, WOTSO Flexspace, Shurgard, HSI Renda Imobiliária. |
| What is the current market cap of CubeSmart? | CubeSmart's current market cap is $9.7B |
| What is the current revenue of CubeSmart? | CubeSmart's last 12 months revenue is $1.1B. |
| What is the current revenue growth of CubeSmart? | CubeSmart revenue growth (NTM/LTM) is 2%. |
| What is the current EV/Revenue multiple of CubeSmart? | Current revenue multiple of CubeSmart is 12.3x. |
| Is CubeSmart profitable? | Yes, CubeSmart is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of CubeSmart? | CubeSmart's last 12 months EBITDA is $696M. |
| What is CubeSmart's EBITDA margin? | CubeSmart's last 12 months EBITDA margin is 65%. |
| What is the current EV/EBITDA multiple of CubeSmart? | Current EBITDA multiple of CubeSmart is 18.9x. |
| What is the current FCF of CubeSmart? | CubeSmart's last 12 months FCF is $549M. |
| What is CubeSmart's FCF margin? | CubeSmart's last 12 months FCF margin is 51%. |
| What is the current EV/FCF multiple of CubeSmart? | Current FCF multiple of CubeSmart is 24.0x. |
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