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).

Compare

Total return — CUBE vs NNN

growth of $100 · last 22y
CUBE +142.0%NNN +136.9%CUBE compounded faster
0100200300Start $10020082012201620202024$242$237
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 9

It depends on what you're optimizing for:

ValueNNN(lower P/E)
GrowthCUBE(faster 5Y revenue CAGR)
QualityCUBE(higher ROIC)

Metrics side by side

Valuation

MetricCUBENNN
P/E ratio28.7722.34
Forward P/E27.2522.77
P/S ratio8.249.32
P/B ratio3.521.98
PEG ratio2.522.00
EV / EBITDA18.1315.59

Profitability

MetricCUBENNN
Gross margin11.86%81.38%
Operating margin39.51%63.13%
Net margin28.93%41.38%
ROE12.36%8.81%
ROIC6.76%6.10%

Dividends

MetricCUBENNN
Dividend yield5.14%5.22%
Payout ratio143.84%115.94%

Growth (annualized)

MetricCUBENNN
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.

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.