CubeSmart employees and revenue per employee

CUBE · REIT - Industrial · $8.50B market cap

CubeSmart had 3,121 employees at the end of fiscal Dec 2025, up 0.5% from a year earlier. Revenue for the year was $1.12B, up 5.3% from a year earlier, or $360K per employee. Revenue and headcount both grew, and revenue grew faster.

Employees

3,121

+0.5% YoY

Revenue

$1.12B

+5.3% YoY

Revenue / employee

$360K

Peer median $3.14M

Rank in industry

10 of 11

REIT - Industrial

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2016
90160230'16'17'18'19'20'21'22'23'24'25Revenue 220Staff 146

Hover a year for the numbers.

CUBE employees and revenue by fiscal year
Year endingEmployeesRevenuePer employeeStaff YoYRevenue YoY
Dec 20253,121$1.12B$360K+0.5%+5.3%
Dec 20243,104$1.07B$344K+2.1%+1.5%
Dec 20233,040$1.05B$346K+8.4%+4.0%
Dec 20222,804$1.01B$360K-3.0%+22.7%
Dec 20212,892$823M$284K-7.0%+21.1%
Dec 20203,111$679M$218K+3.3%+3.7%
Dec 20193,011$655M$218K+7.0%+9.5%
Dec 20182,815$598M$212K+12.2%+7.0%
Dec 20172,508$559M$223K+17.4%+9.6%
Dec 20162,136$510M$239K——

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years
3,111'202,892'212,804'223,040'233,104'243,121'25
Revenue per employee, last six fiscal years
$218K'20$284K'21$360K'22$346K'23$344K'24$360K'25

CubeSmart against similar companies

The closest industry peers by revenue, from REIT - Industrial.

CompanyEmployeesRevenueRevenue / employeeShape
TRNO
Terreno Realty Corporation
47$476M$10.1MLeaner
STAG
STAG Industrial, Inc.
93$845M$9.09MEfficient growth
EGP
EastGroup Properties, Inc.
103$721M$7.00MEfficient growth
FR
First Industrial Realty Trust, Inc.
151$727M$4.82MEfficient growth
REXR
Rexford Industrial Realty, Inc.
256$1.00B$3.92MLeaner
PSA
Public Storage
5,770$4.82B$836KLeaner
NSA
National Storage Affiliates Trust
1,458$753M$516KContracting
EXR
Extra Space Storage Inc.
8,393$3.38B$402KHiring ahead
CUBE
CubeSmart
3,121$1.12B$360KEfficient growth
Every Real Estate company

Questions about CubeSmart

How many employees does CubeSmart have?
CubeSmart reported 3,121 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 27, 2026. That is up 0.5% from a year earlier.
What is CubeSmart's revenue per employee?
CubeSmart brought in $1.12B of revenue in fiscal Dec 2025, which is $360K per employee. That ranks 10 of 11 companies we track in REIT - Industrial, where the median is $3.14M.
Where do these numbers come from?
Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Compare CUBE with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

Source: employee counts and revenue as stated in CubeSmart's annual reports (Form 10-K), latest filed February 27, 2026. This is data, not a recommendation to buy or sell CUBE.