CubeSmart annual debt-to-equity ratio
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2025
CubeSmart Debt-to-Equity Ratio Growth & History (CUBE)
CubeSmart's debt-to-equity ratio was 0.04 for fiscal 2025.
View full CubeSmart company overviewCubeSmart annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.04 | 0.00 | +5.19% |
| 2024 | 2024-12-31 | 0.04 | −0.00 | −2.88% |
| 2023 | 2023-12-31 | 0.04 | 0.00 | +2.40% |
| 2022 | 2022-12-31 | 0.04 | −0.00 | −2.97% |
| 2021 | 2021-12-31 | 0.04 | −1.28 | −96.84% |
| 2020 | 2020-12-31 | 1.32 | 0.22 | +20.05% |
| 2019 | 2019-12-31 | 1.10 | 0.08 | +7.58% |
| 2018 | 2018-12-31 | 1.02 | 0.04 | +4.05% |
| 2017 | 2017-12-31 | 0.98 | 0.02 | +1.61% |
| 2016 | 2016-12-31 | 0.97 | 0.18 | +22.18% |
| 2015 | 2015-12-31 | 0.79 | −0.04 | −4.54% |
| 2014 | 2014-12-31 | 0.83 | −0.18 | −17.71% |
| 2013 | 2013-12-31 | 1.01 | −0.03 | −2.64% |
| 2012 | 2012-12-31 | 1.03 | — | — |
CubeSmart quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.37 | 1.35 | +5786.10% |
| Q1 2026 | 2026-03-31 | 0.02 | 0.00 | +7.17% |
| Q4 2025 | 2025-12-31 | 0.04 | 0.00 | +5.19% |
| Q3 2025 | 2025-09-30 | 0.02 | 0.00 | +0.02% |
| Q2 2025 | 2025-06-30 | 0.02 | −0.00 | −1.62% |
| Q1 2025 | 2025-03-31 | 0.02 | −0.00 | −2.26% |
| Q4 2024 | 2024-12-31 | 0.04 | −0.00 | −2.88% |
| Q3 2024 | 2024-09-30 | 0.02 | 0.00 | +0.71% |
| Q2 2024 | 2024-06-30 | 0.02 | 0.00 | +1.06% |
| Q1 2024 | 2024-03-31 | 0.02 | 0.00 | +0.86% |
| Q4 2023 | 2023-12-31 | 0.04 | 0.00 | +2.40% |
| Q3 2023 | 2023-09-30 | 0.02 | 0.00 | +1.52% |
| Q2 2023 | 2023-06-30 | 0.02 | 0.00 | +0.74% |
| Q1 2023 | 2023-03-31 | 0.02 | 0.00 | +1.33% |
| Q4 2022 | 2022-12-31 | 0.04 | −0.00 | −2.97% |
| Q3 2022 | 2022-09-30 | 0.02 | −0.04 | −62.75% |
| Q2 2022 | 2022-06-30 | 0.02 | −0.04 | −63.94% |
| Q1 2022 | 2022-03-31 | 0.02 | −0.04 | −63.62% |
| Q4 2021 | 2021-12-31 | 0.04 | −1.28 | −96.84% |
| Q3 2021 | 2021-09-30 | 0.06 | −1.10 | −94.65% |
| Q2 2021 | 2021-06-30 | 0.06 | −1.07 | −94.29% |
| Q1 2021 | 2021-03-31 | 0.06 | −1.05 | −94.28% |
| Q4 2020 | 2020-12-31 | 1.32 | 0.22 | +20.05% |
| Q3 2020 | 2020-09-30 | 1.16 | 0.13 | +12.21% |
| Q2 2020 | 2020-06-30 | 1.13 | 0.06 | +5.73% |
| Q1 2020 | 2020-03-31 | 1.11 | 0.01 | +1.23% |
| Q4 2019 | 2019-12-31 | 1.10 | 0.08 | +7.58% |
| Q3 2019 | 2019-09-30 | 1.03 | 0.03 | +2.84% |
| Q2 2019 | 2019-06-30 | 1.07 | 1.07 | +112745.22% |
| Q1 2019 | 2019-03-31 | 1.10 | 1.10 | +103742.00% |
| Q4 2018 | 2018-12-31 | 1.02 | 0.04 | +4.05% |
| Q3 2018 | 2018-09-30 | 1.00 | 1.00 | +101245.50% |
| Q2 2018 | 2018-06-30 | 0.00 | −0.00 | −4.21% |
| Q1 2018 | 2018-03-31 | 0.00 | −0.98 | −99.89% |
| Q4 2017 | 2017-12-31 | 0.98 | 0.02 | +1.61% |
| Q3 2017 | 2017-09-30 | 0.00 | −0.92 | −99.89% |
| Q2 2017 | 2017-06-30 | 0.00 | −0.82 | −99.88% |
| Q1 2017 | 2017-03-31 | 0.98 | 0.21 | +26.78% |
| Q4 2016 | 2016-12-31 | 0.97 | 0.18 | +22.18% |
| Q3 2016 | 2016-09-30 | 0.92 | 0.14 | +17.90% |
| Q2 2016 | 2016-06-30 | 0.82 | 0.01 | +1.28% |
| Q1 2016 | 2016-03-31 | 0.77 | −0.05 | −6.00% |
| Q4 2015 | 2015-12-31 | 0.79 | −0.04 | −4.54% |
| Q3 2015 | 2015-09-30 | 0.78 | −0.08 | −9.06% |
| Q2 2015 | 2015-06-30 | 0.81 | −0.18 | −18.51% |
| Q1 2015 | 2015-03-31 | 0.82 | −0.24 | −22.93% |
| Q4 2014 | 2014-12-31 | 0.83 | −0.18 | −17.71% |
| Q3 2014 | 2014-09-30 | 0.85 | −0.16 | −15.53% |
| Q2 2014 | 2014-06-30 | 1.00 | −0.07 | −7.00% |
| Q1 2014 | 2014-03-31 | 1.07 | 0.05 | +4.84% |
| Q4 2013 | 2013-12-31 | 1.01 | −0.03 | −2.64% |
| Q3 2013 | 2013-09-30 | 1.01 | — | — |
| Q2 2013 | 2013-06-30 | 1.07 | — | — |
| Q1 2013 | 2013-03-31 | 1.02 | — | — |
| Q4 2012 | 2012-12-31 | 1.03 | — | — |
CubeSmart debt-to-equity ratio trends
Over the last five fiscal years, CubeSmart's debt-to-equity ratio decreased from 1.32 to 0.04, a change of −1.28. The latest reported quarter, Q2 2026, shows 1.37.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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