CUBE (CubeSmart) Debt-to-Equity: 1.37 (As of Jun. 2026) — 27% Above Median

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CUBE CubeSmart CUBE
89 GF Score
Price $41.77
GF Value $43.91
Valuation Fairly Valued
! 6 Warning Signs
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What is CubeSmart Debt-to-Equity?

CubeSmart CUBE -0.19% 89 Debt-to-Equity is 1.37 as of Jun. 2026, which is 27% above its 10-year median of 1.08. GuruFocus rates CUBE with a GF Score™ of 89/100 and a GF Value™ of $43.91 (Fairly Valued). The stock has 6 warning signs investors should review. Among 683 REITs companies, CubeSmart ranks worse than 81.41% on this metric.

CubeSmart's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $451 Mil. CubeSmart's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $3,091 Mil. CubeSmart's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $2,579 Mil. CubeSmart's debt to equity for the quarter that ended in Jun. 2026 was 1.37.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for CubeSmart's Debt-to-Equity or its related term are showing as below:

CUBE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.89   Med: 1.08   Max: 1.37
Current: 1.37

During the past 13 years, the highest Debt-to-Equity Ratio of CubeSmart was 1.37. The lowest was 0.89. And the median was 1.08.

CUBE's Debt-to-Equity is ranked worse than
81.41% of 683 companies
in the REITs industry
Industry Median: 0.78 vs CUBE: 1.37

CubeSmart  (NYSE:CUBE) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


CubeSmart Debt-to-Equity Related Terms


CubeSmart Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for CubeSmart's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CubeSmart Debt-to-Equity Chart

CubeSmart Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 1.08 1.07 1.06 1.28

CubeSmart Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.22 1.26 1.28 1.32 1.37

CUBE vs LINE, FR, REXR: Debt-to-Equity Comparison

For the REIT - Industrial subindustry, CubeSmart's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CubeSmart Debt-to-Equity vs REITs Industry

For the REITs industry and Real Estate sector, CubeSmart's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CubeSmart's Debt-to-Equity falls into.


CUBE
89GF Score
CubeSmart CUBE
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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CubeSmart Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CubeSmart's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

CubeSmart's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.37 mean?
CubeSmart (CUBE) has a Debt-to-Equity of 1.37 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CubeSmart and its competitors. This is 27% above median its historical median of 1.08. Over the past decade, CubeSmart's Debt-to-Equity has ranged from 0.89 to 1.37. According to the industry distribution chart, CubeSmart ranks #556 out of 683 companies in the REITs industry, placing it in the top 81.4%.
Is CubeSmart's Debt-to-Equity too high?
CubeSmart's current Debt-to-Equity of 1.37 is 27% above median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 1.37. The REITs industry median Debt-to-Equity is 0.78. CubeSmart's value of 1.37 is 75.6% above this industry median. Based on the distribution chart, CubeSmart ranks #556 out of 683 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, CubeSmart has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CubeSmart's Debt-to-Equity compare to LINE and FR?
According to the REITs industry distribution chart, CubeSmart ranks #556 out of 683 companies for Debt-to-Equity. This places CubeSmart in the lower half of its industry. The industry median Debt-to-Equity is 0.78. CubeSmart's value of 1.37 is 75.6% above this benchmark. Historically, CubeSmart's own Debt-to-Equity has ranged from 0.89 to 1.37 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 0.78, CubeSmart has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a REITs company?
The median Debt-to-Equity among REITs companies is 0.78, based on 683 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CubeSmart's current Debt-to-Equity of 1.37 is 75.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CubeSmart and its competitors. For the REITs industry, the median Debt-to-Equity is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CubeSmart's current Debt-to-Equity is 1.37, which is 27% above median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CubeSmart stock overvalued right now?
Based on GuruFocus' analysis, CubeSmart (CUBE) is currently considered Fairly Valued. The stock's GF Value™ is $43.91, compared to a current price of $41.77 — trading 4.9% below its estimated fair value. The current Debt-to-Equity is 1.37, which is 27% above median its 10-year median of 1.08 and 75.6% above the REITs industry median of 0.78. CubeSmart's overall GF Score™ is 89/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For CubeSmart (CUBE), the current Debt-to-Equity is 1.37 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CubeSmart (CUBE) Overvalued in 2026?

Based on GuruFocus' analysis, CubeSmart stock appears to be undervalued. The current stock price of $41.77 is trading 4.9% below its estimated GF Value™ of $43.91. GuruFocus considers CubeSmart to be Fairly Valued.

Key valuation signals for CUBE:

  • Debt-to-Equity: 1.37 (27% above median its 10-year median of 1.08)
  • GF Value™: $43.91 vs. price of $41.77 (4.9% below fair value)
  • GF Score™: 89/100 with 6 warning signs
  • Industry Position: 75.6% above the REITs median (#556 of 683)

No single metric tells the full story. See the CUBE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CubeSmart Business Description

Industry Real EstateREITs
Other Exchanges UK8:Germany
Address 5 Old Lancaster Road, Malvern, PA, USA, 19355
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.
89GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$41.77
Price
$43.91
GF Value