CubeSmart (CUBE)
NYSE: CUBE · Real-Time Price · USD
38.96
+0.03 (0.08%)
May 19, 2026, 4:00 PM EDT - Market closed
CubeSmart Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Property Revenue | 1,092 | 1,083 | 1,025 | 1,014 | 975.46 | 791.36 |
Service and Other Revenue | 39.67 | 40.24 | 41.42 | 36.54 | 34.17 | 31.21 |
| 1,132 | 1,123 | 1,066 | 1,050 | 1,010 | 822.56 | |
Revenue Growth (YoY) | 5.02% | 5.33% | 1.51% | 4.03% | 22.74% | 21.11% |
Property Expenses | 358.54 | 351.41 | 317.75 | 294.78 | 293.26 | 252.1 |
Total Property Expenses | 358.54 | 351.41 | 317.75 | 294.78 | 293.26 | 252.1 |
Gross Profit | 773.46 | 771.71 | 748.48 | 755.55 | 716.36 | 570.46 |
Selling, General & Admin | 65.78 | 64.66 | 59.66 | 57.04 | 54.62 | 47.81 |
Depreciation & Amortization Expenses | 260.43 | 258.15 | 205.7 | 201.24 | 310.61 | 232.05 |
Operating Income | 447.26 | 448.9 | 483.12 | 497.28 | 351.13 | 290.6 |
Net Gains on Disposal of Properties | - | - | - | - | - | 32.7 |
Interest Income | 2.69 | 2.46 | 2.5 | 6.09 | 48.88 | 25.28 |
Interest Expense | -122.65 | -119.07 | -94.89 | -97.21 | -97.18 | -86.62 |
Other Non-Operating Income (Expense) | 1.72 | -0.97 | 1.16 | 6.28 | -10.36 | -31.15 |
Total Non-Operating Income (Expense) | -118.24 | -117.58 | -91.23 | -84.84 | -58.66 | -59.79 |
Pretax Income | 329.01 | 331.32 | 391.89 | 412.44 | 292.47 | 230.81 |
Net Income | 330.53 | 337.03 | 395.5 | 415.83 | 295.13 | 223.48 |
Minority Interest in Earnings | -5.21 | -5.72 | -3.61 | -3.39 | -2.65 | -8.42 |
Net Income to Common | 330.53 | 337.03 | 395.5 | 415.83 | 295.13 | 223.48 |
Net Income Growth | -15.25% | -14.78% | -4.89% | 40.90% | 32.06% | 34.94% |
Shares Outstanding (Basic) | 229 | 229 | 226 | 225 | 225 | 204 |
Shares Outstanding (Diluted) | 229 | 229 | 227 | 226 | 226 | 205 |
Shares Change (YoY) | -1.98% | 0.89% | 0.40% | 0.16% | 10.18% | 5.16% |
EPS (Basic) | 1.42 | 1.46 | 1.73 | 1.82 | 1.29 | 1.10 |
EPS (Diluted) | 1.43 | 1.46 | 1.72 | 1.82 | 1.29 | 1.09 |
EPS Growth | -16.86% | -15.12% | -5.50% | 41.09% | 18.35% | 28.23% |
Shares Outstanding | 226.47 | 227.27 | 227.77 | 224.92 | 224.6 | 223.92 |
Free Cash Flow | 485.46 | 486 | 515.14 | 501.33 | 436.87 | 193.14 |
Free Cash Flow Growth | -0.11% | -5.66% | 2.75% | 14.75% | 126.19% | - |
Free Cash Flow Per Share | 2.12 | 2.12 | 2.27 | 2.22 | 1.93 | 0.94 |
Dividends Per Share | 2.100 | 2.090 | 2.050 | 1.980 | 1.780 | 1.450 |
Dividend Growth | 0.48% | 1.95% | 3.54% | 11.24% | 22.76% | 9.02% |
Gross Margin | 68.33% | 68.71% | 70.20% | 71.93% | 70.95% | 69.35% |
Operating Margin | 39.51% | 39.97% | 45.31% | 47.34% | 34.78% | 35.33% |
Profit Margin | 28.74% | 29.50% | 36.75% | 39.27% | 28.97% | 28.06% |
FCF Margin | 42.89% | 43.27% | 48.31% | 47.73% | 43.27% | 23.48% |
EBITDA | 712.5 | 712.02 | 692.89 | 702.65 | 665.64 | 530.82 |
EBITDA Margin | 62.94% | 63.40% | 64.98% | 66.90% | 65.93% | 64.53% |
EBIT | 447.26 | 448.9 | 483.12 | 497.28 | 351.13 | 290.6 |
EBIT Margin | 39.51% | 39.97% | 45.31% | 47.34% | 34.78% | 35.33% |
Updated May 1, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.