CubeSmart (CUBE) — Free Cash Flow Generation Index
CubeSmart (CUBE) has a Free Cash Flow Generation Index of 0.89x as of December 2025. Free cash flow of $121.72 Million represents 1% of operating cash flow ($136.49 Million). Explore CubeSmart (CUBE) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
CubeSmart Free Cash Flow Generation Index (2003–2025)
Historical FCF Generation Index trend for CubeSmart across 23 annual periods. For the full cash flow conversion analysis, see CubeSmart cash flow conversion.
Annual Free Cash Flow Generation for CubeSmart (2003–2025)
Year-by-year Free Cash Flow Generation Index for CubeSmart. Check CubeSmart cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.93x | $566.89 Million | $611.67 Million | $44.79 Million | ▼ -7.3% |
| 2024 | 1.00x | $631.07 Million | $631.07 Million | $43.58 Million | ▲ +0.0% |
| 2023 | 1.00x | $611.14 Million | $611.14 Million | $39.85 Million | ▲ +0.0% |
| 2022 | 1.00x | $591.47 Million | $591.47 Million | $113.36 Million | ▲ +0.0% |
| 2021 | 1.00x | $449.19 Million | $449.19 Million | $221.43 Million | ▲ +0.0% |
| 2020 | 1.00x | $351.03 Million | $351.03 Million | $473.27 Million | ▲ +44.9% |
| 2019 | 0.69x | $228.94 Million | $331.77 Million | $102.83 Million | ▼ -31.0% |
| 2018 | 1.00x | $304.33 Million | $304.33 Million | $86.00 Million | ▲ +0.0% |
| 2017 | 1.00x | $291.91 Million | $291.91 Million | $68.78 Million | ▲ +0.0% |
| 2016 | 1.00x | $263.27 Million | $263.27 Million | $136.91 Million | ▲ +0.0% |
| 2015 | 1.00x | $217.27 Million | $217.27 Million | $81.31 Million | ▲ +0.0% |
| 2014 | 1.00x | $166.03 Million | $166.03 Million | $23.57 Million | ▲ +0.0% |
| 2013 | 1.00x | $142.86 Million | $142.86 Million | $53.98 Million | ▲ +0.0% |
| 2012 | 1.00x | $118.43 Million | $118.43 Million | $4.23 Million | ▲ +0.0% |
| 2011 | 1.00x | $84.33 Million | $84.33 Million | $471.19 Million | ▲ +0.0% |
| 2010 | 1.00x | $71.52 Million | $71.52 Million | $104.44 Million | ▲ +40.3% |
| 2009 | 0.71x | $44.33 Million | $62.21 Million | $17.88 Million | ▲ +31.6% |
| 2008 | 0.54x | $36.27 Million | $67.01 Million | $30.74 Million | ▼ -45.9% |
| 2007 | 1.00x | $62.87 Million | $62.87 Million | $48.01 Million | ▲ +126.1% |
| 2006 | -3.84x | $-247.78 Million | $64.57 Million | $312.35 Million | ▲ +47.2% |
| 2005 | -7.27x | $-334.98 Million | $46.11 Million | $381.08 Million | ▼ -31.6% |
| 2004 | -5.52x | $-192.90 Million | $34.94 Million | $227.84 Million | ▼ -843.4% |
| 2003 | 0.74x | $25.42 Million | $34.23 Million | $8.81 Million | — |