Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on invested capital (ROIC) high or low?
The return on invested capital (ROIC) of 8.31% is 12% above its 5-year average of 7.42%, near the high end of its 5-year range (4.79%–9.73%).
As of the fiscal period ended Wednesday, December 31, 2025. 7.64% above its 12-month average of 7.72%.
Annual fiscal-year return on invested capital; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
8.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
7.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
7.50%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
7.42%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
6.93%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
5.39%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
4.55%
CURRENT VS TTM AVG
+7.64%
CURRENT VS 3Y AVG
+10.76%
CURRENT VS 5Y AVG
+11.97%
CURRENT VS 10Y AVG
+19.99%
CURRENT VS 15Y AVG
+54.21%
CURRENT VS 20Y AVG
+82.73%
SECTOR MEDIAN · REAL ESTATE
5.24%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+58.44%
vs the sector median at left
CubeSmart
Market Cap
$9.46B
Return on Invested Capital (ROIC)
8.31%
TTM Avg
7.72%
3Y Avg
7.50%
5Y Avg
7.42%
Market Cap
$9.08B
Return on Invested Capital (ROIC)
3.61%
TTM Avg
3.53%
3Y Avg
3.40%
5Y Avg
3.43%
Market Cap
$8.91B
Return on Invested Capital (ROIC)
13.29%
TTM Avg
6.40%
3Y Avg
6.33%
5Y Avg
6.08%
Market Cap
$8.67B
Return on Invested Capital (ROIC)
-5.13%
TTM Avg
-0.89%
3Y Avg
0.68%
5Y Avg
1.87%
Market Cap
$10.25B
Return on Invested Capital (ROIC)
5.53%
TTM Avg
5.92%
3Y Avg
6.12%
5Y Avg
5.87%
Market Cap
$8.44B
Return on Invested Capital (ROIC)
5.77%
TTM Avg
5.57%
3Y Avg
5.17%
5Y Avg
5.20%
Market Cap
$11.12B
Return on Invested Capital (ROIC)
5.87%
TTM Avg
7.00%
3Y Avg
6.05%
5Y Avg
5.75%
Market Cap
$11.25B
Return on Invested Capital (ROIC)
3.24%
TTM Avg
3.53%
3Y Avg
3.47%
5Y Avg
3.42%
Market Cap
$7.31B
Return on Invested Capital (ROIC)
3.22%
TTM Avg
3.55%
3Y Avg
3.65%
5Y Avg
3.99%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CubeSmart (CUBE) | $9.46B | 8.31% | 7.72% | 7.50% | 7.42% |
| Agree Realty Corporation (ADC)vs › | $9.08B | 3.61% | 3.53% | 3.40% | 3.43% |
| NNN REIT, Inc. (NNN)vs › | $8.91B | 13.29% | 6.40% | 6.33% | 6.08% |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.67B | -5.13% | -0.89% | 0.68% | 1.87% |
| Federal Realty Investment Trust (FRT)vs › | $10.25B | 5.53% | 5.92% | 6.12% | 5.87% |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.44B | 5.77% | 5.57% | 5.17% | 5.20% |
| BXP, Inc. (BXP)vs › | $11.12B | 5.87% | 7.00% | 6.05% | 5.75% |
| Camden Property Trust (CPT)vs › | $11.25B | 3.24% | 3.53% | 3.47% | 3.42% |
| Terreno Realty Corporation (TRNO)vs › | $7.31B | 3.22% | 3.55% | 3.65% | 3.99% |
| CoStar Group, Inc. (CSGP)vs › | $12.25B | 0.72% | -0.21% | 4.37% | 6.09% |
ROIC
8.3%
ROE
16.2%
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 7.19% |
| 2024-12-31 | 8.25% |
| 2023-12-31 | 8.60% |
| 2022-12-31 | 5.97% |
| 2021-12-31 | 4.79% |
| 2020-12-31 | 9.73% |
| 2019-12-31 | 11.06% |
| 2018-12-31 | 6.37% |
| 2017-12-31 | 6.01% |
| 2016-12-31 | 4.40% |
| 2015-12-31 | 3.81% |
| 2014-12-31 | 1.71% |
| 2013-12-31 | 1.44% |
| 2012-12-31 | 1.61% |
| 2011-12-31 | 2.67% |
| 2010-12-31 | 2.61% |
| 2009-12-31 | 1.55% |
| 2008-12-31 | 1.27% |
| 2007-12-31 | 2.44% |
| 2006-12-31 | 2.63% |
| 2005-12-31 | 1.39% |
| 2004-12-31 | 1.98% |
| 2003-12-31 | 7.29% |
| 2002-12-31 | 18.98% |
| 2001-12-31 | 16.72% |
| 2000-12-31 | 17.60% |
