Company / SG&A Expense
CubeSmart SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$64.7M
FY2025
5-year range
$47.8M / $64.7M
FY2021-FY2025
Trend
+8.4%
vs FY2024
Sector context
#59 of 131
Real Estate
What the data says
At $65M, CubeSmart's sg&a expense ranks #73 of 131 in the Real Estate sector. SG&A Expense has increased for 9 consecutive years, from $33M in FY2016 to $65M in FY2025.
Based on SEC 10-K filings.
$65M in FY2025 with a 5-year CAGR of +9.3%.
Increased from $57M to $65M over the past 2 years.
Real Estate sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +5.8%
- 5-Year CAGR
- +9.3%
- 10-Year CAGR
- -
Sector benchmark
#73 of 131 in Real EstateTop 55% of 131This company $64.7M Sector average $159.5M
▼
-59.5% below sector average
Key checks
Key Insights
- CubeSmart's sg&a expense has grown for 9 consecutive years.
- 5-year CAGR of +9.3%, indicating consistent growth.
- In FY2025, sg&a expense increased 8.4% year-over-year.
- Ranks #59 out of 131 companies in the Real Estate sector.
Company context
Key Data Points
- Altman Z-Score 0.26 (distress zone, below 1.8 threshold)
- Strong profit margin: 32.1%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $64.7M | +8.4% |
| FY2024 | $59.7M | +4.6% |
| FY2023 | $57.0M | +4.4% |
| FY2022 | $54.6M | +14.3% |
| FY2021 | $47.8M | +15.4% |
| FY2020 | $41.4M | +7.4% |
| FY2019 | $38.6M | +2.2% |
| FY2018 | $37.7M | +8.5% |
| FY2017 | $34.7M | +5.9% |
| FY2016 | $32.8M | +15.7% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026