CubeSmartCUBE +1.53%88 Interest Coverage is 3.80 as of Mar. 2026, which is 5% above its 10-year median of 3.62. GuruFocus rates CUBE with a GF Score™ of 88/100 and a GF Value™ of $44.36 (Fairly Valued). The stock has 5 warning signs investors should review. Among 700 REITs companies, CubeSmart ranks better than 59.71% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. CubeSmart's
Operating Income
for the
three
months ended in Mar. 2026 was $113 Mil. CubeSmart's Interest Expense for the
three
months ended in Mar. 2026 was $-30 Mil.
CubeSmart's interest coverage for the quarter that ended in Mar. 2026 was 3.80.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for CubeSmart's Interest Coverage or its related term are showing as below:
CUBE'
s Interest Coverage Range Over the Past 10 Years
Min: 2.97 Med: 3.62 Max: 5.34
Current: 3.8
CUBE's Interest Coverage is ranked better than 59.71% of 700
companies
in the REITs industry
Industry Median: 3.095
vs CUBE: 3.80
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
CubeSmart Interest Coverage Related Terms
CubeSmart Interest Coverage Historical Data
* Premium members only.
The historical data trend for CubeSmart's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
CUBE vs FR, REXR, LINE: Interest Coverage Comparison
For the REIT - Industrial subindustry, CubeSmart's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs REITs Industry
For the REITs industry and Real Estate sector, CubeSmart's Interest Coverage distribution charts can be found below:
* The bar in red indicates where CubeSmart's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (CUBE) has a Interest Coverage of 3.80 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on CubeSmart and its competitors. This is near median its historical median of 3.62. Over the past decade, CubeSmart's Interest Coverage has ranged from 2.97 to 5.34. According to the industry distribution chart, CubeSmart ranks #282 out of 700 companies in the REITs industry, placing it in the top 40.3%.
Is CubeSmart's Interest Coverage too high?
CubeSmart's current Interest Coverage of 3.80 is near median its 10-year median of 3.62. Over the past 10 years, this metric has ranged from a low of 2.97 to a high of 5.34. The REITs industry median Interest Coverage is 3.10. CubeSmart's value of 3.80 is 22.8% above this industry median. Based on the distribution chart, CubeSmart ranks #282 out of 700 companies in the REITs industry, which is above the industry midpoint. Overall, CubeSmart has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CubeSmart's Interest Coverage compare to FR and REXR?
According to the REITs industry distribution chart, CubeSmart ranks #282 out of 700 companies for Interest Coverage. This puts CubeSmart in the upper half of its industry. The industry median Interest Coverage is 3.10. CubeSmart's value of 3.80 is 22.8% above this benchmark. Historically, CubeSmart's own Interest Coverage has ranged from 2.97 to 5.34 over the past decade. While the company's 10-year median is 3.62 vs. the industry median of 3.10, 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 Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.10, based on 700 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CubeSmart's current Interest Coverage of 3.80 is 22.8% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on CubeSmart and its competitors. For the REITs industry, the median Interest Coverage is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CubeSmart's current Interest Coverage is 3.80, which is near median its own 10-year median of 3.62. 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 $44.36, compared to a current price of $41.27 — trading 7% below its estimated fair value. The current Interest Coverage is 3.80, which is near median its 10-year median of 3.62 and 22.8% above the REITs industry median of 3.10. CubeSmart's overall GF Score™ is 88/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For CubeSmart (CUBE), the current Interest Coverage is 3.80 as of Mar. 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 $41.27 is trading 7% below its estimated GF Value™ of $44.36.
GuruFocus considers CubeSmart to be Fairly Valued.
Key valuation signals for CUBE:
Interest Coverage: 3.80 (near median its 10-year median of 3.62)
GF Value™: $44.36 vs. price of $41.27 (7% below fair value)
Industry Position: 22.8% above the REITs median (#282 of 700)
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 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.
88GF Score
Get the complete analysis for CUBE
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CUBE has been successfully added to your 
