CubeSmart (CUBE)

NYSE: CUBE · Real-Time Price · USD

42.92

1.97 (4.81%)

At close: May 02, 2025, 2:51 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	1.07B	1.06B	1.06B	1.06B	1.05B	1.05B	1.04B	1.03B	1.01B	970.55M	921.71M	872.29M	822.56M	779.44M	739.39M	703.94M	679.18M	665.9M	659.93M	655.15M	643.91M	632.29M	619.11M	607.91M	597.94M	587.54M	578.04M	568.78M	558.94M	548.01M	536.24M	524.21M	510.04M	492.49M	476.36M	459.7M
Cost of Revenue	419.5M	466.81M	462.48M	403.17M	346.55M	295.99M	295.17M	293.82M	293.26M	283.83M	271.16M	261.44M	252.1M	244.49M	237.53M	229.12M	223.63M	222.91M	219.28M	214.05M	209.74M	204.84M	200.13M	199.54M	196.87M	191.7M	190.09M	185.39M	181.51M	179.06M	173.72M	170.5M	165.85M	161.87M	159.36M	155.96M
Gross Profit	646.73M	596.82M	598.13M	652.04M	703.79M	750.21M	744.56M	733.77M	716.36M	686.72M	650.54M	610.85M	570.46M	534.95M	501.86M	474.81M	455.54M	442.98M	440.65M	441.1M	434.18M	427.45M	418.99M	408.38M	401.08M	395.85M	387.94M	383.39M	377.44M	368.94M	362.52M	353.7M	344.19M	330.62M	317M	303.74M
Operating Income	534.74M	538.75M	489.85M	494.22M	497.83M	475.46M	486.48M	446.3M	385.76M	346.36M	289.6M	277.75M	279.55M	287.48M	274.08M	263.3M	257.55M	243.4M	235.96M	235.38M	232.07M	227.06M	226.97M	223.43M	220.02M	220.42M	213.1M	205.74M	195.72M	181.9M	169.13M	154.62M	142.95M	133.05M	123.24M	115.94M
Interest Income	-2.02M	-965K	24.25M	48.84M	73.57M	98.12M	98.7M	74.12M	49.39M	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	391.88M	403.13M	405.25M	409.35M	412.44M	381.47M	391.84M	352.15M	292.47M	256.86M	233.99M	225.76M	230.81M	227.21M	184.04M	172.61M	167.61M	167.16M	162.36M	173.3M	170.77M	176.9M	177.6M	166.47M	165.49M	156.71M	151.12M	145.2M	135.61M	122.8M	110.18M	97.73M	88.38M	99.07M	92.6M	86.09M
Net Income	391.18M	401.95M	403.8M	407.72M	410.76M	356.71M	343.65M	281.31M	199.19M	185.92M	183.98M	197.19M	223.48M	220.46M	179.7M	169.46M	165.62M	165.34M	160.6M	171.51M	169.12M	175.23M	175.97M	164.96M	163.89M	155.28M	149.68M	143.72M	134.29M	121.05M	107.13M	93.6M	82.86M	92.17M	85.72M	79.02M
Selling & General & Admin	63.33M	58.49M	58.29M	57.99M	57.04M	56.04M	55.37M	54.77M	54.62M	54.88M	53.58M	51.42M	47.81M	45.89M	43.99M	41.97M	41.42M	39.7M	39.52M	39.78M	38.56M	39.8M	39.57M	38.12M	37.71M	35.09M	33.54M	33.99M	34.74M	35.16M	35M	34.09M	32.82M	31.27M	30.2M	29.43M
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	33.54M	-29.52M	-29.64M	-28.95M	37.01M	120.42M	200.11M	278.38M	310.61M	228.77M	149.73M	71.06M	-10.82M	1.15M	651K	-182K	-240K	320K	1.92M	2.2M	1.42M	1.25M	-630K	-263K	206K	191K	1.17M	1.28M	872K	1.17M	31K	624K	1.06M	1.42M	1.53M	418K
Operating Expenses	214.65M	160.74M	159.31M	158.34M	207.71M	276.15M	305.07M	333.15M	365.23M	364.28M	339.29M	312.21M	279.86M	247.47M	227.78M	211.52M	198M	199.58M	204.69M	205.72M	202.11M	200.39M	192.02M	184.94M	181.06M	175.19M	174.37M	176.52M	180.43M	185.22M	190.91M	194.72M	194.69M	190.96M	186.81M	182.68M
Interest Expense	45.13M	46.43M	46.88M	70.42M	94.12M	93.99M	94.64M	71.1M	47.41M	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	12.81M	25.5M	37.49M	48.43M	47.15M
Selling & Marketing Expenses	3.67M	24.5M	24.5M	24.5M	24.5M	22.4M	22.4M	22.4M	22.4M	21M	21M	21M	21M	16.9M	16.9M	16.9M	16.9M	11.5M	11.5M	11.5M	11.5M	10.3M	10.3M	10.3M	10.3M	9.7M	9.7M	9.7M	9.7M	9.4M	9.4M	9.4M	9.4M	8.6M	8.6M	8.6M
Cost & Expenses	531.91M	524.1M	569.56M	560.31M	553.06M	572.13M	600.24M	626.97M	658.49M	648.11M	610.45M	573.66M	531.96M	491.96M	465.31M	440.64M	421.63M	422.5M	423.97M	419.77M	411.85M	405.23M	392.15M	384.48M	377.93M	366.89M	364.47M	361.91M	361.93M	364.28M	364.63M	365.22M	360.54M	352.83M	346.17M	338.64M
Income Tax Expense	553K	200.7M	98.06M	-45K	n/a	-176.59M	-50.1M	70.84M	93.28M	90.71M	90.25M	88.62M	87.31M	64.97M	61.08M	58.16M	56.36M	56.53M	57.48M	67.92M	66.1M	66.17M	60.79M	47.52M	45.27M	45.38M	45.64M	44.38M	41.66M	42.41M	39.09M	37.02M	36.09M	35.94M	34.36M	32.73M
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)	1.74	1.79	1.80	1.81	1.82	1.58	1.52	1.25	0.89	0.76	0.79	0.87	1.01	1.10	0.91	0.87	0.86	0.86	0.84	0.90	0.89	0.93	0.94	0.89	0.89	0.85	0.83	0.80	0.75	0.66	0.58	0.51	0.45	0.53	0.50	0.46
EPS (Diluted)	1.72	1.77	1.78	1.80	1.81	1.57	1.52	1.25	0.89	0.76	0.79	0.87	1.01	1.10	0.91	0.87	0.86	0.86	0.84	0.90	0.89	0.93	0.94	0.89	0.89	0.85	0.83	0.80	0.75	0.66	0.58	0.51	0.45	0.52	0.49	0.45
EBITDA	690.04M	691.85M	567.08M	448.94M	330.53M	326.18M	355.77M	466.88M	570.02M	540.13M	596.96M	559.43M	522.65M	477.69M	446.5M	420.09M	401.37M	401.89M	399.75M	401.32M	395.62M	388.05M	379.81M	370.36M	363.47M	360.28M	353.53M	348.21M	340.8M	331.23M	324.47M	314.78M	304.9M	293.51M	281.71M	271.31M
EBIT	484.73M	489.74M	492.32M	496.27M	499.03M	446.05M	457.06M	417.65M	357.11M	358.19M	301.43M	289.25M	291.49M	288.37M	274.97M	263.74M	257.41M	244.32M	238M	246.99M	243.3M	247.09M	244.78M	230.97M	227.62M	218.21M	211.88M	204.49M	193.34M	179.39M	165.11M	150.88M	140.01M	130.8M	121.94M	114.1M
Depreciation & Amortization	205.7M	204.73M	203.5M	202.83M	202.44M	249.87M	279.46M	308.15M	340.38M	309.41M	285.7M	260.8M	232.05M	201.99M	184.96M	171.47M	159.25M	162.88M	168.1M	168.89M	166.37M	163.24M	154.99M	149.18M	145.08M	141.26M	141.99M	143.88M	147.74M	152.12M	158.05M	162.6M	163.13M	160.96M	157.76M	154.45M