CubeSmart
CUBE · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $1,066,231 | $1,050,334 | $1,009,624 | $822,564 |
| % Growth | 1.5% | 4% | 22.7% | – |
| Cost of Goods Sold | $317,750 | $294,780 | $293,260 | $252,104 |
| Gross Profit | $748,481 | $755,554 | $716,364 | $570,460 |
| % Margin | 70.2% | 71.9% | 71% | 69.4% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $59,663 | $57,041 | $54,623 | $47,809 |
| SG&A Expenses | $85,663 | $57,041 | $77,023 | $68,809 |
| Sales & Mktg Exp. | $26,000 | $0 | $22,400 | $21,000 |
| Other Operating Expenses | $179,703 | $201,238 | $288,210 | $211,049 |
| Operating Expenses | $265,366 | $258,279 | $365,233 | $279,858 |
| Operating Income | $483,115 | $497,275 | $351,131 | $290,602 |
| % Margin | 45.3% | 47.3% | 34.8% | 35.3% |
| Other Income/Exp. Net | -$91,230 | -$84,840 | -$58,659 | -$59,789 |
| Pre-Tax Income | $391,885 | $412,435 | $292,472 | $230,813 |
| Tax Expense | $0 | $0 | $0 | $0 |
| Net Income | $391,180 | $410,757 | $291,263 | $223,482 |
| % Margin | 36.7% | 39.1% | 28.8% | 27.2% |
| EPS | 1.73 | 1.82 | 1.29 | 1.1 |
| % Growth | -4.9% | 41.1% | 17.3% | – |
| EPS Diluted | 1.72 | 1.82 | 1.29 | 1.09 |
| Weighted Avg Shares Out | 226,353 | 225,424 | 224,928 | 203,832 |
| Weighted Avg Shares Out Dil | 227,150 | 226,241 | 225,881 | 205,009 |
| Supplemental Information | – | – | – | – |
| Interest Income | $0 | $0 | $0 | $0 |
| Interest Expense | $0 | $0 | $0 | $0 |
| Depreciation & Amortization | $205,703 | $205,379 | $310,610 | $232,049 |
| EBITDA | $688,818 | $710,879 | $661,741 | $522,651 |
| % Margin | 64.6% | 67.7% | 65.5% | 63.5% |