CubeSmart (CUBE)
NYSE: CUBE · Real-Time Price · USD
41.06
-0.78 (-1.86%)
At close: Mar 3, 2026, 4:00 PM EST
41.06
0.00 (0.00%)
After-hours: Mar 3, 2026, 4:10 PM EST
CubeSmart Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Rental Revenue | 956.65 | 911.16 | 912 | 879.29 | 707.75 | Upgrade
|
| Property Management Fees | 40.24 | 41.42 | 36.54 | 34.17 | 31.21 | Upgrade
|
| Other Revenue | 128.68 | 116.15 | 107.88 | 145.04 | 108.88 | Upgrade
|
| Total Revenue | 1,126 | 1,069 | 1,056 | 1,059 | 847.84 | Upgrade
|
| Revenue Growth (YoY | 5.32% | 1.17% | -0.20% | 24.85% | 24.80% | Upgrade
|
| Property Expenses | 321.11 | 291.75 | 270.28 | 270.86 | 231.1 | Upgrade
|
| Selling, General & Administrative | 94.96 | 85.66 | 81.54 | 77.02 | 68.81 | Upgrade
|
| Depreciation & Amortization | 258.15 | 205.7 | 201.24 | 310.61 | 232.05 | Upgrade
|
| Total Operating Expenses | 674.21 | 583.12 | 553.06 | 658.49 | 531.96 | Upgrade
|
| Operating Income | 451.36 | 485.61 | 503.36 | 400.01 | 315.88 | Upgrade
|
| Interest Expense | -119.07 | -94.89 | -97.21 | -97.18 | -86.62 | Upgrade
|
| Other Non-Operating Income | 2.72 | 1.16 | 6.28 | -10.36 | -10.82 | Upgrade
|
| EBT Excluding Unusual Items | 335.01 | 391.89 | 412.44 | 292.47 | 218.44 | Upgrade
|
| Gain (Loss) on Sale of Assets | - | - | - | - | 32.7 | Upgrade
|
| Other Unusual Items | -3.69 | - | - | - | -20.33 | Upgrade
|
| Pretax Income | 331.32 | 391.89 | 412.44 | 292.47 | 230.81 | Upgrade
|
| Earnings From Continuing Operations | 331.32 | 391.89 | 412.44 | 292.47 | 230.81 | Upgrade
|
| Minority Interest in Earnings | 2.47 | -0.71 | -1.68 | -1.21 | -7.33 | Upgrade
|
| Net Income | 333.78 | 391.18 | 410.76 | 291.26 | 223.48 | Upgrade
|
| Net Income to Common | 333.78 | 391.18 | 410.76 | 291.26 | 223.48 | Upgrade
|
| Net Income Growth | -14.67% | -4.77% | 41.03% | 30.33% | 34.94% | Upgrade
|
| Basic Shares Outstanding | 229 | 226 | 225 | 225 | 204 | Upgrade
|
| Diluted Shares Outstanding | 229 | 227 | 226 | 226 | 205 | Upgrade
|
| Shares Change (YoY) | 0.89% | 0.40% | 0.16% | 10.18% | 5.16% | Upgrade
|
| EPS (Basic) | 1.46 | 1.73 | 1.82 | 1.29 | 1.10 | Upgrade
|
| EPS (Diluted) | 1.46 | 1.72 | 1.82 | 1.29 | 1.09 | Upgrade
|
| EPS Growth | -15.16% | -5.50% | 41.09% | 18.35% | 28.23% | Upgrade
|
| Dividend Per Share | 2.090 | 2.050 | 1.980 | 1.780 | 1.450 | Upgrade
|
| Dividend Growth | 1.95% | 3.54% | 11.24% | 22.76% | 9.02% | Upgrade
|
| Operating Margin | 40.10% | 45.44% | 47.65% | 37.79% | 37.26% | Upgrade
|
| Profit Margin | 29.65% | 36.60% | 38.88% | 27.52% | 26.36% | Upgrade
|
| EBITDA | 709.51 | 691.32 | 704.6 | 710.62 | 547.93 | Upgrade
|
| EBITDA Margin | 63.04% | 64.69% | 66.70% | 67.13% | 64.63% | Upgrade
|
| D&A For Ebitda | 258.15 | 205.7 | 201.24 | 310.61 | 232.05 | Upgrade
|
| EBIT | 451.36 | 485.61 | 503.36 | 400.01 | 315.88 | Upgrade
|
| EBIT Margin | 40.10% | 45.44% | 47.65% | 37.79% | 37.26% | Upgrade
|
| Funds From Operations (FFO) | 590.18 | 600.76 | - | - | - | Upgrade
|
| FFO Per Share | 2.56 | 2.63 | - | - | - | Upgrade
|
| Adjusted Funds From Operations (AFFO) | 593.32 | 600.76 | - | - | - | Upgrade
|
| AFFO Per Share | 2.58 | 2.63 | - | - | - | Upgrade
|
| FFO Payout Ratio | 80.71% | 76.86% | - | - | - | Upgrade
|
| Revenue as Reported | 1,123 | 1,066 | 1,050 | 1,010 | 822.56 | Upgrade
|
Source: S&P Capital IQ. Real Estate template. Financial Sources.