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CubeSmart (CubeSmart) FCF Yield % : 6.66 (As of Apr. 27, 2024)


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What is CubeSmart FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, CubeSmart's Trailing 12-Month Free Cash Flow is $611 Mil, and Market Cap is $9,170 Mil. Therefore, CubeSmart's FCF Yield % for today is 6.66%.

The historical rank and industry rank for CubeSmart's FCF Yield % or its related term are showing as below:

CUBE' s FCF Yield % Range Over the Past 10 Years
Min: 3.41   Med: 5.39   Max: 8.01
Current: 6.66


During the past 13 years, the highest FCF Yield % of CubeSmart was 8.01%. The lowest was 3.41%. And the median was 5.39%.

CUBE's FCF Yield % is ranked worse than
50.29% of 863 companies
in the REITs industry
Industry Median: 6.65 vs CUBE: 6.66

CubeSmart's FCF Margin % for the quarter that ended in Dec. 2023 was 55.07%.


CubeSmart FCF Yield % Historical Data

The historical data trend for CubeSmart's FCF Yield % 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.

* Premium members only.

CubeSmart FCF Yield % Chart

CubeSmart Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.44 5.29 3.52 6.54 5.86

CubeSmart Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
FCF Yield % 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 6.41 5.22 6.43 7.85 5.60

Competitive Comparison of CubeSmart's FCF Yield %

For the REIT - Industrial subindustry, CubeSmart's FCF Yield %, along with its competitors' market caps and FCF Yield % 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's FCF Yield % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CubeSmart's FCF Yield % distribution charts can be found below:

* The bar in red indicates where CubeSmart's FCF Yield % falls into.



CubeSmart FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

CubeSmart's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=611.136 / 10425.08835
=5.86%

CubeSmart's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=146.001 * 4 / 10425.08835
=5.60%

* 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 FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


CubeSmart FCF Yield % Related Terms

Thank you for viewing the detailed overview of CubeSmart's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


CubeSmart (CubeSmart) Business Description

Traded in Other Exchanges
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. Most 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. CubeSmart derives nearly all of its revenue from rental income from tenants utilizing its storage facilities.
Executives
Christopher P Marr officer: Chief Financial Officer 460 E. SWEDESFORD ROAD, SUITE 3000, WAYNE PA 19087
Jeffrey P Foster officer: Sr. VP - Chief Legal Officer 460 EAST SWEDESFORD ROAD, SUITE 3000, WAYNE PA 19087
Timothy M Martin officer: SVP & Chief Accounting Officer 460 E. SWEDESFORD ROAD, SUITE 3000, WAYNE PA 19087
Matthew D Denarie officer: Chief Accounting Officer 5 OLD LANCASTER ROAD, MALVERN PA 19355
Jennifer Schulte officer: Chief Human Resources Officer 5 OLD LANCASTER ROAD, MALVERN PA 19355
Jit Kee Chin director ONE FEDERAL STREET, 23RD FLOOR, BOSTON MA 02110
Jair K Lynch director 5 OLD LANCASTER RD, MALVERN PA 19355
Joel D Keaton officer: Sr VP of Operations 5 OLD LANCASTER ROAD, MALVERN PA 19355
Marianne M Keler director 12061 BLUEMONT WAY, RESTON VA 20190
Jonathan L Perry officer: SVP and CIO 5 OLD LANCASTER ROAD, MALVERN PA 19355
Dororthy Dowling director 5 OLD LANCASTER ROAD, MALVERN PA 19355
Diefenderfer William M Iii director 300 CONTINENTAL DRIVE, NEWARK DE 19713
Dean Jernigan director, officer: CEO and President C/O FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Deborah Ratnersalzberg director 301 WATER ST SE SUITE 201, WASHINGTON DC 20003
John W Fain director 1000 SEMMES AVE, RICHMOND VA 23224

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