CubeSmart (CUBE)
NYSE: CUBE · Real-Time Price · USD
40.21
-0.30 (-0.74%)
Mar 6, 2026, 4:00 PM EST - Market closed

CubeSmart Cash Flow Statement

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 '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Net Income
333.78391.18410.76291.26223.48
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Depreciation & Amortization
258.15205.7201.24310.61232.05
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Other Amortization
4.974.074.143.98.17
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Gain (Loss) on Sale of Assets
-----32.7
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Stock-Based Compensation
11.5411.4910.099.088.09
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Income (Loss) on Equity Investments
-2.46-2.5-6.09-48.88-25.28
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Change in Accounts Payable
2.4824.030.120.414.87
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Change in Other Net Operating Assets
-5.33-7.91-10.495.03-5.32
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Other Operating Activities
5.385.031.390.0725.82
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Operating Cash Flow
608.51631.07611.14591.47449.19
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Operating Cash Flow Growth
-3.57%3.26%3.33%31.67%27.96%
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Acquisition of Real Estate Assets
-122.52-115.94-109.8-154.6-256.04
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Sale of Real Estate Assets
--0.2443.1944.03
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Net Sale / Acq. of Real Estate Assets
-122.52-115.94-109.57-111.4-212.02
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Cash Acquisition
--57.18---1,679
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Investment in Marketable & Equity Securities
-448.814.158.3262.6438.33
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Other Investing Activities
--57.42--
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Investing Cash Flow
-571.32-173.96-93.82-48.77-1,853
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Long-Term Debt Issued
1,848697.04794.45633.951,950
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Long-Term Debt Repaid
-1,434-747.48-869.84-785.38-1,202
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Net Debt Issued (Repaid)
413.57-50.44-75.39-151.43748.26
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Issuance of Common Stock
5.41128.212.726.47973.5
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Repurchase of Common Stock
-35.57---1.4-0.88
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Common Dividends Paid
-476.31-461.77-442.22-387.11-273.84
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Total Dividends Paid
-476.31-461.77-442.22-387.11-273.84
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Other Financing Activities
-11.71-3.67-3.13-13.62-36.48
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Net Cash Flow
-67.4369.45-0.71-4.397.09
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Cash Interest Paid
106.8392.6195.592.2979.15
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Levered Free Cash Flow
492.74484.05456.41584.21408.85
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Unlevered Free Cash Flow
562.19539.29513.02641.05454.81
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Change in Working Capital
-2.8516.11-10.3925.439.55
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Source: S&P Capital IQ. Real Estate template. Financial Sources.