CubeSmart (CUBE) vs Kimco Realty Corporation (KIM)
A side-by-side comparison of CubeSmart and Kimco Realty Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.
Total return — CUBE vs KIM
growth of $100 · dividends reinvested · last 10yCUBE vs KIM: by the numbers
- •KIM is the larger company ($15.70B vs $8.85B market cap).
- •CUBE converts more revenue to profit (29.41% vs 27.73% net margin).
- •KIM grew revenue faster over the past five years (14.73% vs 8.94% CAGR).
- •CUBE pays the higher dividend yield (5.40% vs 4.42%).
Metrics side by side
Valuation
| Metric | CUBE | KIM |
|---|---|---|
| P/E ratio | 26.95 | 26.16 |
| Forward P/E | 25.35 | 27.79 |
| P/S ratio | 7.79 | 7.18 |
| P/B ratio | 3.43 | 1.53 |
| EV / EBITDA | 17.58 | 16.95 |
| FCF yield | 6.02% | 5.46% |
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.
For REITs like Kimco Realty Corporation, 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 | CUBE | KIM |
|---|---|---|
| Gross margin | 17.42% | 54.85% |
| Operating margin | 39.85% | 35.80% |
| Net margin | 29.41% | 27.73% |
| ROE | 12.95% | 5.91% |
| ROIC | 6.88% | 3.95% |
Dividends
| Metric | CUBE | KIM |
|---|---|---|
| Dividend yield | 5.40% | 4.42% |
| Payout ratio | 145.52% | 115.73% |
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.
Kimco Realty Corporation'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 | CUBE | KIM |
|---|---|---|
| Revenue CAGR (5Y) | 8.94% | 14.73% |
| EPS CAGR (5Y) | 11.43% | -18.16% |
| FCF CAGR (5Y) | 8.16% | 5.82% |
| Total return CAGR (5Y) | -1.72% | 6.61% |
Frequently asked
- Which has grown faster, CUBE or KIM?
- Over the past five years, KIM grew revenue faster — CUBE at a 8.94% CAGR versus KIM at 14.73%.
- Does CUBE or KIM pay a bigger dividend?
- CUBE yields 5.40% and KIM yields 4.42% based on trailing dividends and the latest price.
- Is CUBE or KIM more profitable?
- CUBE runs the higher net margin — CUBE at 29.41% versus KIM at 27.73%.
- How have CUBE and KIM total returns compared?
- Over the past 10 years, CUBE delivered 8.23% and KIM delivered 2.91% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
CubeSmart & Kimco Realty 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 11, 2026.