CubeSmart (CUBE)

NYSE: CUBE · Real-Time Price · USD

40.64

1.29 (3.28%)

At close: Apr 30, 2025, 3:59 PM

39.26

-3.40%

After-hours: Apr 30, 2025, 07:58 PM EDT

CubeSmart Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Revenue	1.07B	1.05B	1.01B	822.56M	679.18M	643.91M	597.94M	558.94M	510.04M
Cost of Revenue	317.75M	294.78M	293.26M	252.1M	223.63M	209.74M	196.87M	181.51M	165.85M
Gross Profit	748.48M	755.55M	716.36M	570.46M	455.54M	434.18M	401.08M	377.44M	344.19M
Operating Income	483.12M	703.12M	385.76M	296.89M	254.81M	241.79M	220.02M	195.72M	142.95M
Interest Income	-4.07M	81K	97.18M	86.62M	78.56M	75.34M	n/a	n/a	n/a
Pretax Income	391.18M	412.44M	292.47M	230.81M	167.61M	170.77M	165.49M	135.61M	88.38M
Net Income	391.18M	410.76M	199.19M	130.58M	89.79M	84.05M	163.89M	134.29M	87.91M
Selling & General & Admin	59.66M	57.04M	54.62M	47.81M	41.42M	38.56M	37.71M	34.74M	32.82M
Research & Development	n/a	n/a	0.29	0.28	0.25	0.26	0.28	0.24	0.17
Other Expenses	205.7M	n/a	310.61M	232.05M	156.57M	163.55M	206K	872K	1.06M
Operating Expenses	265.37M	81.54M	365.23M	279.86M	198M	202.11M	181.06M	180.43M	194.69M
Interest Expense	90.82M	97.29M	93.28M	78.45M	75.89M	72.53M	n/a	n/a	n/a
Selling & Marketing Expenses	n/a	n/a	22.4M	21M	16.9M	11.5M	10.3M	9.7M	9.4M
Cost & Expenses	583.12M	351.82M	658.49M	531.96M	421.63M	411.85M	377.93M	361.93M	360.54M
Income Tax Expense	n/a	n/a	93.28M	100.24M	77.82M	86.72M	7.6M	57.76M	49.27M
Shares Outstanding (Basic)	226.35M	225.42M	224.93M	203.83M	194.15M	190.87M	184.65M	180.53M	178.25M
Shares Outstanding (Diluted)	227.15M	226.24M	225.88M	205.01M	194.94M	191.58M	185.5M	181.45M	179.53M
EPS (Basic)	1.73	1.82	0.89	0.64	0.46	0.44	0.89	0.74	0.45
EPS (Diluted)	1.72	1.82	0.88	0.64	0.46	0.44	0.88	0.74	0.45
EBITDA	692.48M	703.12M	696.37M	547.93M	414.12M	405.33M	363.47M	339.54M	306.97M
EBIT	482.7M	501.88M	351.13M	309.26M	243.5M	243.3M	227.62M	194.33M	138.78M
Depreciation & Amortization	209.77M	201.24M	658.49M	531.96M	421.63M	414.67M	380.14M	363.63M	367.51M