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CubeSmart CUBE

CubeSmart scores average on business quality (5.4 of 10). Here is why, in plain words, and what our sealed record shows.

Last price$37.97Oct 9, 2026
Business qualityAverage
Next earningsOct 29, 2026, after the close
Insiders, 90 daysQuiet

Why it matters

  1. What CubeSmart does

    CubeSmart operates self-storage facilities across the United States, collecting rental income from individuals and businesses needing space.

  2. What it does best

    CubeSmart delivers exceptional cash conversion, posting an fcf margin of 44.5% that outpaces peers like Extra Space Storage at 30.9%. This cash engine stems from low maintenance capital requirements relative to rental revenue.

  3. The main risk

    Runaway interest rates threaten profitability by driving up borrowing costs on its $3.5 billion net debt load. With interest coverage sitting thin at 3.6x, earnings are vulnerable to further rate spikes.

Quality, check by check

Scored against its own industry, from company filings.

ProfitabilityStrong

Operating margin hits 39.5% backed by a top-decile free cash flow margin in the 95th sector percentile. The business scales efficiently with minimal ongoing capital expenditures required per location.

MoatFair

Scale across US urban markets locks in local renters who prefer nearby facilities. Its operating margin ranks in the top quartile of its sector at 73rd percentile, though low switching costs cap the advantage.

GrowthSlow

Revenue growth crawls at 5.3%, showing a moderate pace that trails historical periods. The top line expands slowly as the self-storage market cools from prior boom years.

Financial healthFair

Debt-to-equity of 1.3x weighs on the balance sheet, while free cash flow ticked down to $505.0M. The financial foundation is softening as debt service consumes a large share of operating income.

Insiders

Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.

No open market buys or unplanned sales by executives or directors.

Our sealed record on CUBE

Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.

The first sealed verdicts appear here on Oct 11, 2026.

Questions

Is CUBE a good business?

CubeSmart scores average on the Cluenex quality check (5.4 of 10), measured against its own industry. Profitability is strong, moat fair, growth slow and financial health fair.

Are insiders buying CUBE?

In the last 90 days of SEC Form 4 filings: No open market buys or unplanned sales by executives or directors.

When does CUBE report earnings?

Oct 29, 2026, after the close.

For members

See CUBE today

  • Today's verdict on CUBE, and why
  • Fair value with cautious, base and optimistic cases
  • The exact price that would change the verdict
  • Which stocks each signal names, the night it fires
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Cite this page: Cluenex, “CubeSmart (CUBE)”, https://cluenex.com/stocks/cube/, data as of Oct 10, 2026.