Cubesmart vs Smartstop Self Storage Reit
Cubesmart is the larger business, with $1.12bn of revenue in fiscal 2025 against $281m for Smartstop Self Storage Reit (4.0 times as much). Smartstop Self Storage Reit grew faster (18.6% against 5.3%). Cubesmart kept more of each dollar of sales as profit: a net margin of 29.7% against -3.1%. Cubesmart carries less debt relative to equity (0.0% against 93.6%).
| Latest fiscal year | CubesmartCUBE, 2025 | Smartstop Self Storage ReitSMA, 2025 |
|---|---|---|
| Revenue | $1.12bn | $281m |
| Revenue growth | 5.3% | 18.6% |
| Net income | $334m | −$8.8m |
| Operating margin | — | 21.0% |
| Net margin | 29.7% | -3.1% |
| Return on equity | 11.9% | -1.2% |
| Free cash flow | $609m | $85.0m |
| Cash | $5.8m | $54.2m |
| Total debt | $0 | $1.10bn |
| Debt to equity | 0.0% | 93.6% |
| Dividend per share | $2.09 | — |
| Dividend yield | 4.9% | 4.3% |
| Share buybacks | $31.9m | — |
| Employees | — | 1,000 |
| Market value | $9.86bn | $2.03bn |
| Price vs our value range | — | — |
| Moat score | 77 (Strong) | 16 (Weak) |
| Insider trades, 12 months | 0 buys, 4 sales | 2 buys, 10 sales |