• CubeSmart average return on equity for 2023 was 13.56, a 46.75% increase from 2022.
• CubeSmart average return on equity for 2022 was 9.24, a 10.72% increase from 2021.
• CubeSmart average return on equity for 2021 was 10.35, a 11.65% decline from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.