CubeSmart (CUBE) vs NNN REIT, Inc. (NNN)
NNN leads on 9 of 14 compared metrics.
A side-by-side comparison of CubeSmart and NNN REIT, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — CUBE vs NNN
growth of $100 · last 22yCUBE +142.0%NNN +136.9%CUBE compounded faster
CUBE NNN
CUBE vs NNN: by the numbers
- •CUBE is the larger company ($9.27B vs $8.76B market cap).
- •NNN trades at the lower earnings multiple (22.34 vs 28.77 P/E).
- •NNN converts more revenue to profit (41.38% vs 28.93% net margin).
- •CUBE grew revenue faster over the past five years (9.95% vs 7.06% CAGR).
- •NNN pays the higher dividend yield (5.22% vs 5.14%).
Which is better, CUBE or NNN?
Metric tally: CUBE 5 · NNN 9It depends on what you're optimizing for:
ValueNNN(lower P/E)
GrowthCUBE(faster 5Y revenue CAGR)
QualityCUBE(higher ROIC)
Metrics side by side
Valuation
| Metric | CUBE | NNN |
|---|---|---|
| P/E ratio | 28.77 | 22.34● |
| Forward P/E | 27.25 | 22.77● |
| P/S ratio | 8.24● | 9.32 |
| P/B ratio | 3.52 | 1.98● |
| PEG ratio | 2.52 | 2.00● |
| EV / EBITDA | 18.13 | 15.59● |
Profitability
| Metric | CUBE | NNN |
|---|---|---|
| Gross margin | 11.86% | 81.38%● |
| Operating margin | 39.51% | 63.13%● |
| Net margin | 28.93% | 41.38%● |
| ROE | 12.36%● | 8.81% |
| ROIC | 6.76%● | 6.10% |
Dividends
| Metric | CUBE | NNN |
|---|---|---|
| Dividend yield | 5.14% | 5.22% |
| Payout ratio | 143.84% | 115.94% |
Growth (annualized)
| Metric | CUBE | NNN |
|---|---|---|
| Revenue CAGR (5Y) | 9.95%● | 7.06% |
| EPS CAGR (5Y) | 11.43%● | 11.15% |
| Total return CAGR (5Y) | 1.58% | 4.69%● |
Frequently asked
- Which is better, CUBE or NNN?
- It depends on your goal. value: NNN (lower P/E); growth: CUBE (faster 5Y revenue CAGR); quality: CUBE (higher ROIC). Across all compared metrics, NNN leads 9 to 5.
- Is CUBE or NNN cheaper?
- On trailing earnings, NNN is cheaper: CUBE trades at a 28.77 P/E and NNN at 22.34.
- Which has grown faster, CUBE or NNN?
- Over the past five years, CUBE grew revenue faster — CUBE at a 9.95% CAGR versus NNN at 7.06%.
- Does CUBE or NNN pay a bigger dividend?
- CUBE yields 5.14% and NNN yields 5.22% based on trailing dividends and the latest price.
- Is CUBE or NNN more profitable?
- NNN runs the higher net margin — CUBE at 28.93% versus NNN at 41.38%.
- Which has been the better investment, CUBE or NNN?
- Over the past 10-year, CUBE delivered the higher annualized total return — CUBE at 7.68% versus NNN at 4.71%. 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 June 24, 2026.