• CubeSmart average return on tangible equity for 2024 was 14.3, a 5.46% decline from 2023.
• CubeSmart average return on tangible equity for 2023 was 13.56, a 46.75% increase from 2022.
• CubeSmart average return on tangible equity for 2022 was 9.24, a 10.72% increase from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.