CubeSmart (CUBE) — Capital Reinvestment Ratio
CubeSmart (CUBE) has a Capital Reinvestment Ratio of 0.11x as of December 2025, meaning it reinvests 0% of its operating cash flow ($136.49 Million) in capital expenditures ($14.78 Million). Check tangible net worth ratio of CubeSmart to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
CubeSmart Capital Reinvestment Ratio (2003–2025)
This chart tracks CubeSmart's Capital Reinvestment Ratio across 23 annual periods. For the full cash flow conversion analysis, see CUBE cash flow conversion.
Annual Capital Reinvestment Ratio for CubeSmart (2003–2025)
Year-by-year Capital Reinvestment Ratio for CubeSmart from 2003 to 2025. See CUBE cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.07x | $611.67 Million | $44.79 Million | ▲ +6.0% |
| 2024 | 0.07x | $631.07 Million | $43.58 Million | ▲ +5.9% |
| 2023 | 0.07x | $611.14 Million | $39.85 Million | ▼ -66.0% |
| 2022 | 0.19x | $591.47 Million | $113.36 Million | ▼ -61.1% |
| 2021 | 0.49x | $449.19 Million | $221.43 Million | ▼ -63.4% |
| 2020 | 1.35x | $351.03 Million | $473.27 Million | ▲ +335.0% |
| 2019 | 0.31x | $331.77 Million | $102.83 Million | ▲ +9.7% |
| 2018 | 0.28x | $304.33 Million | $86.00 Million | ▲ +19.9% |
| 2017 | 0.24x | $291.91 Million | $68.78 Million | ▼ -54.7% |
| 2016 | 0.52x | $263.27 Million | $136.91 Million | ▲ +39.0% |
| 2015 | 0.37x | $217.27 Million | $81.31 Million | ▲ +163.7% |
| 2014 | 0.14x | $166.03 Million | $23.57 Million | ▼ -62.4% |
| 2013 | 0.38x | $142.86 Million | $53.98 Million | ▲ +958.6% |
| 2012 | 0.04x | $118.43 Million | $4.23 Million | ▼ -99.4% |
| 2011 | 5.59x | $84.33 Million | $471.19 Million | ▲ +282.6% |
| 2010 | 1.46x | $71.52 Million | $104.44 Million | ▲ +408.1% |
| 2009 | 0.29x | $62.21 Million | $17.88 Million | ▼ -37.3% |
| 2008 | 0.46x | $67.01 Million | $30.74 Million | ▼ -39.9% |
| 2007 | 0.76x | $62.87 Million | $48.01 Million | ▼ -84.2% |
| 2006 | 4.84x | $64.57 Million | $312.35 Million | ▼ -41.5% |
| 2005 | 8.27x | $46.11 Million | $381.08 Million | ▲ +26.7% |
| 2004 | 6.52x | $34.94 Million | $227.84 Million | ▲ +2434.1% |
| 2003 | 0.26x | $34.23 Million | $8.81 Million | — |