CubeSmart (CUBE) vs NNN REIT, Inc. (NNN)
A side-by-side comparison of CubeSmart and NNN REIT, 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.
CUBE
CubeSmart
$41.77Real EstateAt close: Aug 7, 2026, 4:00 PM ET
NNN
NNN REIT, Inc.
$46.84Real EstateAt close: Aug 7, 2026, 4:00 PM ET
Total return — CUBE vs NNN
growth of $100 · dividends reinvested · last 22yCUBE +503.5%NNN +702.2%NNN compounded faster
CUBE NNN
CUBE vs NNN: by the numbers
- •CUBE is the larger company ($9.46B vs $8.91B market cap).
- •CUBE trades at the lower trailing earnings multiple (22.95 vs 23.07 P/E), one valuation lens rather than an overall verdict.
- •NNN converts more revenue to profit (40.35% vs 31.41% net margin).
- •CUBE grew revenue faster over the past five years (12.41% vs 6.97% CAGR).
- •NNN pays the higher dividend yield (5.17% vs 5.05%).
Metrics side by side
Valuation
| Metric | CUBE | NNN |
|---|---|---|
| P/E ratio | 22.95 | 23.07 |
| Forward P/E | 28.31 | 23.01 |
| P/S ratio | 7.17 | 9.32 |
| P/B ratio | 3.70 | 1.99 |
| PEG ratio | 2.01 | 2.07 |
| EV / EBITDA | 17.19 | 10.21 |
| FCF yield | 7.46% | 3.88% |
Profitability
| Metric | CUBE | NNN |
|---|---|---|
| Gross margin | 22.74% | 38.00% |
| Operating margin | 38.19% | 62.14% |
| Net margin | 31.41% | 40.35% |
| ROE | 16.19% | 8.62% |
| ROIC | 8.31% | 13.29% |
Dividends
| Metric | CUBE | NNN |
|---|---|---|
| Dividend yield | 5.05% | 5.17% |
| Payout ratio | 144.52% | 116.91% |
Growth (annualized)
| Metric | CUBE | NNN |
|---|---|---|
| Revenue CAGR (5Y) | 12.41% | 6.97% |
| EPS CAGR (5Y) | 11.43% | 11.15% |
| FCF CAGR (5Y) | 13.36% | 8.18% |
| Total return CAGR (5Y) | 0.85% | 4.75% |
Frequently asked
- Which has the lower trailing P/E, CUBE or NNN?
- CUBE has the lower trailing P/E: CUBE trades at 22.95 and NNN at 23.07. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, CUBE or NNN?
- Over the past five years, CUBE grew revenue faster — CUBE at a 12.41% CAGR versus NNN at 6.97%.
- Does CUBE or NNN pay a bigger dividend?
- CUBE yields 5.05% and NNN yields 5.17% based on trailing dividends and the latest price.
- Is CUBE or NNN more profitable?
- NNN runs the higher net margin — CUBE at 31.41% versus NNN at 40.35%.
- How have CUBE and NNN total returns compared?
- Over the past 10 years, CUBE delivered 8.70% and NNN delivered 4.12% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
CubeSmart P/E ratioNNN REIT P/E ratioCubeSmart dividend yieldNNN REIT dividend yieldCubeSmart ROENNN REIT ROECubeSmart operating marginNNN REIT operating marginCubeSmart revenue growthNNN REIT revenue growthCubeSmart free cash flowNNN REIT free cash flow
CubeSmart & NNN REIT 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 August 8, 2026.