CubeSmart (CUBE) vs Terreno Realty Corporation (TRNO)
TRNO leads on 10 of 15 compared metrics.
A side-by-side comparison of CubeSmart and Terreno Realty Corporation 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 TRNO
growth of $100 · last 16yCUBE +507.0%TRNO +252.0%CUBE compounded faster
CUBE TRNO
CUBE vs TRNO: by the numbers
- •CUBE is the larger company ($9.27B vs $6.98B market cap).
- •TRNO trades at the lower earnings multiple (16.09 vs 28.77 P/E).
- •TRNO converts more revenue to profit (86.52% vs 28.93% net margin).
- •TRNO grew revenue faster over the past five years (20.57% vs 9.95% CAGR).
- •CUBE pays the higher dividend yield (5.14% vs 3.12%).
Which is better, CUBE or TRNO?
Metric tally: CUBE 5 · TRNO 10It depends on what you're optimizing for:
ValueTRNO(lower P/E)
GrowthTRNO(faster 5Y revenue CAGR)
IncomeCUBE(higher dividend yield)
QualityCUBE(higher ROIC)
Metrics side by side
Valuation
| Metric | CUBE | TRNO |
|---|---|---|
| P/E ratio | 28.77 | 16.09● |
| Forward P/E | 27.25● | 39.08 |
| P/S ratio | 8.24● | 14.09 |
| P/B ratio | 3.52 | 1.61● |
| PEG ratio | 2.52 | 0.14● |
| EV / EBITDA | 18.13 | 13.52● |
Profitability
| Metric | CUBE | TRNO |
|---|---|---|
| Gross margin | 11.86% | 63.89%● |
| Operating margin | 39.51% | 40.81%● |
| Net margin | 28.93% | 86.52%● |
| ROE | 12.36%● | 9.88% |
| ROIC | 6.76%● | 3.66% |
Dividends
| Metric | CUBE | TRNO |
|---|---|---|
| Dividend yield | 5.14%● | 3.12% |
| Payout ratio | 143.84% | 52.16% |
Growth (annualized)
| Metric | CUBE | TRNO |
|---|---|---|
| Revenue CAGR (5Y) | 9.95% | 20.57%● |
| EPS CAGR (5Y) | 11.43% | 35.52%● |
| Total return CAGR (5Y) | 1.58% | 2.81%● |
Frequently asked
- Which is better, CUBE or TRNO?
- It depends on your goal. value: TRNO (lower P/E); growth: TRNO (faster 5Y revenue CAGR); income: CUBE (higher dividend yield); quality: CUBE (higher ROIC). Across all compared metrics, TRNO leads 10 to 5.
- Is CUBE or TRNO cheaper?
- On trailing earnings, TRNO is cheaper: CUBE trades at a 28.77 P/E and TRNO at 16.09.
- Which has grown faster, CUBE or TRNO?
- Over the past five years, TRNO grew revenue faster — CUBE at a 9.95% CAGR versus TRNO at 20.57%.
- Does CUBE or TRNO pay a bigger dividend?
- CUBE yields 5.14% and TRNO yields 3.12% based on trailing dividends and the latest price.
- Is CUBE or TRNO more profitable?
- TRNO runs the higher net margin — CUBE at 28.93% versus TRNO at 86.52%.
- Which has been the better investment, CUBE or TRNO?
- Over the past 10-year, TRNO delivered the higher annualized total return — CUBE at 7.68% versus TRNO at 12.95%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
CubeSmart P/E ratioTerreno Realty P/E ratioCubeSmart dividend yieldTerreno Realty dividend yieldCubeSmart ROETerreno Realty ROECubeSmart operating marginTerreno Realty operating marginCubeSmart revenue growthTerreno Realty revenue growthCubeSmart free cash flowTerreno Realty free cash flow
CubeSmart & Terreno 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 June 24, 2026.