CubeSmart (CUBE)

NYSE: CUBE · Real-Time Price · USD

42.85

1.90 (4.64%)

At close: May 02, 2025, 3:22 PM

CubeSmart Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	267.73M	270.89M	266.21M	261.41M	265.13M	267.88M	260.81M	256.53M	260.99M	261.41M	248.66M	238.56M	221.91M	212.56M	199.25M	188.84M	178.79M	172.51M	163.8M	164.08M	165.51M	166.55M	159.02M	152.84M	153.88M	153.37M	147.81M	142.88M	143.48M	143.87M	138.56M	133.04M	132.55M	132.1M	126.53M	118.87M
Cost of Revenue	75.75M	81.87M	134.13M	127.75M	123.05M	77.55M	74.82M	71.13M	72.49M	76.73M	73.47M	70.57M	63.06M	64.06M	63.75M	61.23M	55.45M	57.1M	55.34M	55.74M	54.73M	53.47M	50.12M	51.42M	49.83M	48.76M	49.53M	48.75M	44.66M	47.15M	44.82M	44.87M	42.22M	41.8M	41.61M	40.22M
Gross Profit	191.98M	189.02M	132.08M	133.65M	142.07M	190.33M	185.98M	185.4M	188.49M	184.68M	175.19M	168M	158.85M	148.5M	135.5M	127.61M	123.34M	115.41M	108.45M	108.34M	110.78M	113.08M	108.9M	101.42M	104.05M	104.61M	98.29M	94.12M	98.82M	96.71M	93.74M	88.16M	90.33M	90.29M	84.92M	78.65M
Operating Income	124.09M	175.18M	117.45M	118.03M	128.09M	126.28M	121.83M	121.63M	105.73M	137.29M	81.65M	61.09M	66.33M	80.53M	69.8M	62.89M	74.26M	67.13M	59.02M	57.14M	60.11M	59.69M	58.43M	53.83M	55.11M	59.6M	54.9M	50.41M	55.51M	52.28M	47.53M	40.39M	41.7M	39.51M	33.02M	28.73M
Interest Income	-1.04M	-986K	n/a	n/a	21K	24.23M	24.59M	24.73M	24.57M	24.82M	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Pretax Income	101.89M	100.95M	94.19M	94.86M	113.14M	103.07M	98.28M	97.94M	82.17M	113.44M	58.59M	38.27M	46.56M	90.57M	50.37M	43.31M	42.96M	47.4M	38.93M	38.32M	42.51M	42.6M	49.88M	35.79M	48.64M	43.3M	38.75M	34.8M	39.86M	37.71M	32.84M	25.21M	27.05M	25.09M	20.38M	15.86M
Net Income	101.89M	100.8M	93.96M	94.53M	112.67M	102.64M	97.88M	97.57M	58.62M	89.59M	35.54M	15.44M	45.35M	87.65M	48.75M	41.73M	42.33M	46.89M	38.51M	37.9M	42.05M	42.15M	49.42M	35.5M	48.16M	42.9M	38.41M	34.42M	39.55M	37.3M	32.46M	24.99M	26.31M	23.38M	18.92M	14.25M
Selling & General & Admin	18.82M	14.27M	14.62M	15.63M	13.98M	14.06M	14.32M	14.67M	12.98M	13.39M	13.72M	14.53M	13.24M	12.1M	11.56M	10.92M	11.32M	10.19M	9.54M	10.37M	9.6M	10.01M	9.8M	9.15M	10.85M	9.78M	8.34M	8.74M	8.22M	8.23M	8.8M	9.49M	8.64M	8.06M	7.89M	8.23M
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	49.08M	n/a	88K	-15.63M	-13.98M	-119K	777K	50.33M	69.43M	79.57M	79.05M	82.56M	-12.41M	539K	377K	677K	-448K	45K	-456K	619K	112K	1.65M	-178K	-165K	-54K	-233K	189K	304K	-69K	741K	308K	-108K	228K	-397K	901K	330K
Operating Expenses	67.89M	65.47M	65.66M	15.63M	13.98M	64.05M	64.68M	65M	82.42M	92.96M	92.77M	97.08M	81.47M	67.97M	65.7M	64.73M	49.08M	48.28M	49.44M	51.2M	50.66M	53.39M	50.46M	47.59M	48.95M	45.02M	43.39M	43.71M	43.08M	44.2M	45.54M	47.61M	47.87M	49.89M	49.34M	47.58M
Interest Expense	22.38M	22.75M	n/a	n/a	23.68M	23.2M	23.54M	23.69M	23.55M	23.85M	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	12.81M	12.69M
Selling & Marketing Expenses	3.67M	n/a	n/a	n/a	24.5M	n/a	n/a	n/a	22.4M	n/a	n/a	n/a	21M	n/a	n/a	n/a	16.9M	n/a	n/a	n/a	11.5M	n/a	n/a	n/a	10.3M	n/a	n/a	n/a	9.7M	n/a	n/a	n/a	9.4M	n/a	n/a	n/a
Cost & Expenses	143.64M	96.13M	148.75M	143.38M	135.83M	141.59M	139.5M	136.13M	154.91M	169.69M	166.24M	167.65M	144.53M	132.03M	129.45M	125.95M	104.53M	105.38M	104.78M	106.94M	105.39M	106.86M	100.58M	99.01M	98.78M	93.77M	92.92M	92.46M	87.74M	91.35M	90.36M	92.49M	90.09M	91.7M	90.95M	87.8M
Income Tax Expense	n/a	n/a	222K	331K	200.15M	-102.64M	-97.88M	376K	23.55M	23.85M	23.05M	22.82M	20.98M	23.4M	21.42M	21.51M	-1.36M	19.5M	18.5M	19.72M	-1.19M	20.45M	28.94M	17.9M	-1.12M	15.07M	15.67M	15.65M	-1.01M	15.33M	14.41M	12.94M	-271K	12.02M	12.34M	12.01M
Shares Outstanding (Basic)	227.58M	226.17M	225.89M	225.77M	225.55M	225.47M	225.39M	225.29M	225.09M	225.02M	224.96M	224.66M	202.19M	202.19M	201.41M	199.16M	193.75M	193.75M	193.63M	193.58M	193.58M	192.93M	189.67M	187.25M	186.5M	186.07M	183.72M	182.27M	181.44M	180.3M	180.18M	180.16M	180.05M	179.22M	177.88M	175.8M
Shares Outstanding (Diluted)	228.44M	227.15M	226.62M	226.57M	226.24M	226.21M	226.28M	226.18M	225.88M	225.97M	225.9M	225.74M	203.8M	203.8M	202.81M	200.23M	193.75M	194.54M	194.19M	194.26M	193.58M	193.82M	190.54M	187.98M	187.25M	186.92M	184.52M	183.22M	182.43M	181.29M	181.19M	181.26M	181.23M	180.48M	179.22M	177.26M
EPS (Basic)	0.45	0.45	0.42	0.42	0.50	0.46	0.43	0.43	0.26	0.40	0.16	0.07	0.13	0.43	0.24	0.21	0.22	0.24	0.20	0.20	0.22	0.22	0.26	0.19	0.26	0.23	0.21	0.19	0.22	0.21	0.18	0.14	0.13	0.13	0.11	0.08
EPS (Diluted)	0.45	0.44	0.41	0.42	0.50	0.45	0.43	0.43	0.26	0.40	0.16	0.07	0.13	0.43	0.24	0.21	0.22	0.24	0.20	0.20	0.22	0.22	0.26	0.19	0.26	0.23	0.21	0.19	0.22	0.21	0.18	0.14	0.13	0.13	0.11	0.08
EBITDA	178.05M	174.76M	168.49M	168.74M	179.86M	49.98M	50.36M	50.33M	175.51M	79.57M	161.47M	153.47M	145.61M	136.4M	123.94M	116.7M	100.65M	105.22M	97.53M	97.98M	101.17M	103.07M	99.1M	92.27M	93.61M	94.83M	89.65M	85.38M	90.42M	88.08M	84.33M	77.97M	80.85M	81.33M	74.64M	68.08M
EBIT	124.28M	123.7M	117.88M	118.87M	129.29M	126.28M	121.83M	121.63M	76.31M	137.29M	82.42M	61.09M	77.39M	80.53M	70.25M	63.33M	74.26M	67.13M	59.02M	57M	61.18M	60.8M	68.01M	53.3M	64.97M	58.49M	54.2M	49.95M	55.56M	52.16M	46.81M	38.8M	41.61M	37.88M	32.58M	27.94M
Depreciation & Amortization	52.74M	51.21M	51.03M	50.72M	51.77M	49.98M	50.36M	50.33M	99.2M	79.57M	79.05M	82.56M	68.23M	55.87M	54.14M	53.81M	38.17M	38.84M	40.65M	41.59M	41.8M	44.07M	41.43M	39.07M	38.68M	35.82M	35.62M	34.97M	34.85M	36.55M	37.51M	38.83M	39.23M	42.48M	42.06M	39.36M