Apple Hospitality REIT, Inc. (APLE) vs CubeSmart (CUBE)
A side-by-side comparison of Apple Hospitality REIT, Inc. and CubeSmart across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
Total return — APLE vs CUBE
growth of $100 · dividends reinvested · last 10yAPLE vs CUBE: by the numbers
- •CUBE is the larger company ($8.73B vs $3.73B market cap).
- •CUBE converts more revenue to profit (29.41% vs 12.17% net margin).
- •APLE grew revenue faster over the past five years (15.90% vs 8.94% CAGR).
- •APLE pays the higher dividend yield (6.17% vs 5.34%).
Metrics side by side
Valuation
| Metric | APLE | CUBE |
|---|---|---|
| P/E ratio | 21.32 | 26.59 |
| Forward P/E | 22.14 | 25.02 |
| P/S ratio | 2.59 | 7.68 |
| P/B ratio | 1.19 | 3.38 |
| EV / EBITDA | 8.53 | 17.42 |
| FCF yield | 6.79% | 6.10% |
For REITs like Apple Hospitality REIT, Inc., GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
For REITs like CubeSmart, GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
Profitability
| Metric | APLE | CUBE |
|---|---|---|
| Gross margin | 6.38% | 17.42% |
| Operating margin | 17.57% | 39.85% |
| Net margin | 12.17% | 29.41% |
| ROE | 5.58% | 12.95% |
| ROIC | 5.17% | 6.88% |
Dividends
| Metric | APLE | CUBE |
|---|---|---|
| Dividend yield | 6.17% | 5.34% |
| Payout ratio | 129.73% | 145.52% |
Apple Hospitality REIT, Inc.'s payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
CubeSmart's payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Growth (annualized)
| Metric | APLE | CUBE |
|---|---|---|
| Revenue CAGR (5Y) | 15.90% | 8.94% |
| EPS CAGR (5Y) | N/A | 11.43% |
| FCF CAGR (5Y) | 47.12% | 8.16% |
| Total return CAGR (5Y) | 7.83% | -1.49% |
Frequently asked
- Which has grown faster, APLE or CUBE?
- Over the past five years, APLE grew revenue faster — APLE at a 15.90% CAGR versus CUBE at 8.94%.
- Does APLE or CUBE pay a bigger dividend?
- APLE yields 6.17% and CUBE yields 5.34% based on trailing dividends and the latest price.
- Is APLE or CUBE more profitable?
- CUBE runs the higher net margin — APLE at 12.17% versus CUBE at 29.41%.
- How have APLE and CUBE total returns compared?
- Over the past 10 years, APLE delivered 3.99% and CUBE delivered 8.35% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Apple Hospitality REIT & CubeSmart appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.