Cubesmart Overview
- Year Founded
-
1996
- Status
-
Public
- Employees
-
3,040
- Stock Symbol
-
CUBE
- Investments
-
3
- Share Price
-
$41.70
- (As of Friday Closing)
Cubesmart General Information
Description
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. Most 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.
Contact Information
Website
www.cubesmart.comCorporate Office
- 5 Old Lancaster Road
- Malvern, PA 19355
- United States
Corporate Office
- 5 Old Lancaster Road
- Malvern, PA 19355
- United States
Cubesmart Stock Performance
As of 24-Jan-2025, Cubesmart’s stock price is $41.70. Its current market cap is $9.4B with 226M shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $41.70 | $41.12 | $39.80 - $55.14 | $9.4B | 226M | 1.46M | $1.78 |
Cubesmart Financials Summary
As of 30-Sep-2024, Cubesmart has a trailing 12-month revenue of $1.06B.
|
In Thousands, USD |
TTM 30-Sep-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 15,144,277 | 13,465,723 | 12,193,752 | 15,058,206 |
| Revenue | 1,063,630 | 1,050,334 | 1,009,624 | 822,564 |
| EBITDA | 701,782 | 710,879 | 700,263 | 549,478 |
| Net Income | 401,955 | 410,757 | 291,263 | 223,482 |
| Total Assets | 6,192,415 | 6,225,020 | 6,325,830 | 6,548,079 |
| Total Debt | 2,940,061 | 2,988,490 | 3,061,926 | 3,211,586 |
Cubesmart Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Cubesmart Comparisons
Industry
Financing
Details
Cubesmart Competitors (3)
One of Cubesmart’s 3 competitors is National Storage Affiliates, a Corporation company based in Greenwood Village, CO.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| National Storage Affiliates | Corporation | Greenwood Village, CO | ||||
| Public Storage | Corporation | Glendale, CA | ||||
| Extra Space Storage | Formerly VC-backed | Salt Lake City, UT |
Cubesmart Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Cubesmart Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Cubesmart Investments & Acquisitions (3)
Cubesmart’s most recent deal was a Corporate Asset Purchase with Cubesmart (One Store Located in New Jersey) for . The deal was made on 01-Jan-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Cubesmart (One Store Located in New Jersey) | 01-Jan-2023 | Corporate Asset Purchase | Buildings and Property | ||
| Laaco | 09-Dec-2021 | Merger/Acquisition | Holding Companies | ||
| United Stor-All Management (Self-Storage Business) | 28-Apr-2010 | Merger/Acquisition | Other Commercial Services |
Cubesmart ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
16.56 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,104
Rank
Percentile
Real Estate
Industry
of 1,009
Rank
Percentile
REITs
Subindustry
of 427
Rank
Percentile
Cubesmart FAQs
-
When was Cubesmart founded?
Cubesmart was founded in 1996.
-
Where is Cubesmart headquartered?
Cubesmart is headquartered in Malvern, PA.
-
What is the size of Cubesmart?
Cubesmart has 3,040 total employees.
-
What industry is Cubesmart in?
Cubesmart’s primary industry is Real Estate Investment Trusts (REITs).
-
Is Cubesmart a private or public company?
Cubesmart is a Public company.
-
What is Cubesmart’s stock symbol?
The ticker symbol for Cubesmart is CUBE.
-
What is the current stock price of Cubesmart?
As of 24-Jan-2025 the stock price of Cubesmart is $41.70.
-
What is the current market cap of Cubesmart?
The current market capitalization of Cubesmart is $9.4B.
-
What is Cubesmart’s current revenue?
The trailing twelve month revenue for Cubesmart is $1.06B.
-
Who are Cubesmart’s competitors?
National Storage Affiliates, Public Storage, and Extra Space Storage are competitors of Cubesmart.
-
What is Cubesmart’s annual earnings per share (EPS)?
Cubesmart’s EPS for 12 months was $1.78.
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