CubeSmart (CUBE) vs Opendoor Technologies Inc. (OPEN)
A side-by-side comparison of CubeSmart and Opendoor Technologies Inc. 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 OPEN
growth of $100 · dividends reinvested · last 6yCUBE vs OPEN: by the numbers
- •CUBE is the larger company ($8.95B vs $2.69B market cap).
- •CUBE is profitable (29.41% net margin) while OPEN runs a net loss (-46.74%).
- •CUBE grew revenue faster over the past five years (8.94% vs 5.24% CAGR).
- •CUBE pays a dividend (5.40% yield), while OPEN has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | CUBE | OPEN |
|---|---|---|
| P/E ratio | 27.27 | N/A |
| Forward P/E | 25.65 | N/A |
| P/S ratio | 7.88 | 0.83 |
| P/B ratio | 3.47 | 2.94 |
| EV / EBITDA | 17.73 | N/A |
| FCF yield | 5.95% | N/A |
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 Opendoor Technologies Inc., 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 | OPEN |
|---|---|---|
| Gross margin | 17.42% | 8.30% |
| Operating margin | 39.85% | -6.25% |
| Net margin | 29.41% | -46.74% |
| ROE | 12.95% | -166.41% |
| ROIC | 6.88% | -26.19% |
Dividends
| Metric | CUBE | OPEN |
|---|---|---|
| Dividend yield | 5.40% | N/A |
| Payout ratio | 145.52% | N/A |
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.
Opendoor Technologies Inc.'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 | OPEN |
|---|---|---|
| Revenue CAGR (5Y) | 8.94% | 5.24% |
| EPS CAGR (5Y) | 11.43% | N/A |
| FCF CAGR (5Y) | 8.16% | 9.49% |
| Total return CAGR (5Y) | -1.72% | -31.64% |
Frequently asked
- Which has grown faster, CUBE or OPEN?
- Over the past five years, CUBE grew revenue faster — CUBE at a 8.94% CAGR versus OPEN at 5.24%.
- Does CUBE or OPEN pay a bigger dividend?
- CUBE pays a dividend (5.40% yield), while OPEN has no payments in the available dividend history.
- Is CUBE or OPEN more profitable?
- CUBE runs the higher net margin — CUBE at 29.41% versus OPEN at -46.74%.
- How have CUBE and OPEN total returns compared?
- Over the past 5 years, CUBE delivered -1.72% and OPEN delivered -31.64% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
CubeSmart & Opendoor Technologies 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.