CUBE (CubeSmart) Total Operating Expense: $326 Mil (TTM As of Mar. 2026)


CUBE CubeSmart CUBE
88 GF Score
Price $40.98
GF Value $44.35
Valuation Fairly Valued
! 5 Warning Signs
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What is CubeSmart Total Operating Expense?

CubeSmart CUBE +2.12% 88 Total Operating Expense is $326 Mil as of Mar. 2026. GuruFocus rates CUBE with a GF Score™ of 88/100 and a GF Value™ of $44.35 (Fairly Valued). The stock has 5 warning signs investors should review.

CubeSmart's Total Operating Expense for the three months ended in Mar. 2026 was $79 Mil. CubeSmart's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $326 Mil.

CubeSmart Total Operating Expense Related Terms

CubeSmart Total Operating Expense Historical Data

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The historical data trend for CubeSmart's Total Operating Expense 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 Total Operating Expense Chart

CubeSmart Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 279.86 365.23 258.28 265.37 322.81

CubeSmart Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 75.22 81.39 83.19 83.00 78.63
CUBE
88GF Score
CubeSmart CUBE
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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CubeSmart Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $326 Mil.

* 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.

What does a Total Operating Expense of $326 Mil mean?
CubeSmart (CUBE) has a Total Operating Expense of $326 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on CubeSmart and its competitors.
Is CubeSmart's Total Operating Expense too high?
CubeSmart's current Total Operating Expense is $326 Mil. 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 Total Operating Expense compare to LINE and FR?
CubeSmart's Total Operating Expense of $326 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a REITs company?
A good Total Operating Expense depends on the REITs industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on CubeSmart and its competitors. CubeSmart's current Total Operating Expense is $326 Mil. 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 $44.35, compared to a current price of $40.98 — trading 7.6% below its estimated fair value. The current Total Operating Expense is $326 Mil. 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 Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For CubeSmart (CUBE), the current Total Operating Expense is $326 Mil 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 $40.98 is trading 7.6% below its estimated GF Value™ of $44.35. GuruFocus considers CubeSmart to be Fairly Valued.

Key valuation signals for CUBE:

  • Total Operating Expense: $326 Mil
  • GF Value™: $44.35 vs. price of $40.98 (7.6% below fair value)
  • GF Score™: 88/100 with 5 warning signs

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.
88GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$40.98
Price
$44.35
GF Value