CubeSmart (CUBE) vs First Industrial Realty Trust, Inc. (FR)

A side-by-side comparison of CubeSmart and First Industrial Realty Trust, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 8, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnCUBE vs FR

growth of $100 · dividends reinvested · last 22y
CUBE +503.5%FR +226.3%CUBE compounded faster
0200400600Start $10020082012201620202024$603$326
CUBE FR

CUBE vs FR: by the numbers

  • CUBE is the larger company ($9.46B vs $8.44B market cap).
  • CUBE trades at the lower trailing earnings multiple (22.95 vs 23.22 P/E), one valuation lens rather than an overall verdict.
  • FR converts more revenue to profit (47.96% vs 31.41% net margin).
  • CUBE grew revenue faster over the past five years (12.41% vs 10.47% CAGR).
  • CUBE pays the higher dividend yield (5.05% vs 2.97%).

Metrics side by side

Valuation

MetricCUBEFR
P/E ratio22.9523.22
Forward P/E28.3125.36
P/S ratio7.1711.10
P/B ratio3.703.04
PEG ratio2.015.66
EV / EBITDA17.1921.49
FCF yield7.46%4.86%

Profitability

MetricCUBEFR
Gross margin22.74%22.60%
Operating margin38.19%41.59%
Net margin31.41%47.96%
ROE16.19%13.12%
ROIC8.31%5.77%

Dividends

MetricCUBEFR
Dividend yield5.05%2.97%
Payout ratio144.52%101.07%

Growth (annualized)

MetricCUBEFR
Revenue CAGR (5Y)12.41%10.47%
EPS CAGR (5Y)11.43%4.10%
FCF CAGR (5Y)13.36%7.52%
Total return CAGR (5Y)0.85%5.76%

Frequently asked

Which has the lower trailing P/E, CUBE or FR?
CUBE has the lower trailing P/E: CUBE trades at 22.95 and FR at 23.22. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CUBE or FR?
Over the past five years, CUBE grew revenue faster — CUBE at a 12.41% CAGR versus FR at 10.47%.
Does CUBE or FR pay a bigger dividend?
CUBE yields 5.05% and FR yields 2.97% based on trailing dividends and the latest price.
Is CUBE or FR more profitable?
FR runs the higher net margin — CUBE at 31.41% versus FR at 47.96%.
How have CUBE and FR total returns compared?
Over the past 10 years, CUBE delivered 8.70% and FR delivered 11.11% annualized total return. Past performance doesn't predict future results.

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 August 8, 2026.