← CubeSmart
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $87.9m |
$134.3m
+52.76%
|
$163.9m
+22.04%
|
$170.8m
+4.20%
|
$167.6m
-1.85%
|
$230.8m
+37.71%
|
$292.5m
+26.71%
|
$412.4m
+41.02%
|
$391.9m
-4.98%
|
$331.3m
-15.46%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $79.9m |
$134.3m
+68.02%
|
$163.9m
+22.04%
|
$169.1m
+3.19%
|
$165.6m
-2.07%
|
$223.5m
+34.94%
|
$291.3m
+30.33%
|
$410.8m
+41.03%
|
$391.2m
-4.77%
|
$333.8m
-14.67%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $88.4m | $135.6m | $165.5m | $170.8m | $167.6m | $230.8m | $292.5m | $412.4m | $391.9m | $331.3m | — | |
| Depreciation, Depletion and Amortization | $161.9m | $145.7m | $143.3m | $163.5m | $156.6m | $232.0m | $310.6m | $201.2m | $209.8m | $263.1m | $254.5m | |
| Amortization of Debt Issuance Costs | $2.6m | $2.6m | $2.3m | $2.8m | $2.7m | $8.2m | $3.9m | $4.1m | $4.1m | $5.0m | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $314.5m | $205.4m | $209.8m | $263.1m | $254.5m | |
| Share-based Payment Arrangement, Noncash Expense | $3.2m | $5.6m | $5.6m | $6.7m | $7.1m | $8.1m | $9.1m | $10.1m | $11.5m | $11.5m | $12.4m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $2.0m | $1.5m | $421k | $686k | $876k | $1.4m | $817k | $1.0m | $3.3m | — | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Income (Loss) from Equity Method Investments | ($2.7m) | ($1.4m) | ($865k) | $11.1m | $178k | $25.3m | $48.9m | $6.1m | $2.5m | $2.5m | — | |
| Other Nonoperating Income (Expense) | $1.1m | $872k | $206k | $1.4m | ($240k) | ($10.8m) | ($10.4m) | $6.3m | $1.2m | $2.7m | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($48.9m) | ($618k) | $2.2m | $1.5m | $1.3m | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $25.4m | ($10.4m) | $16.1m | ($2.9m) | ($4.4m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $20.4m | $96k | $24.0m | $2.5m | $3.6m | |
| Increase (Decrease) in Other Operating Assets | $3.9m | $8.8m | $4.9m | $6.6m | $9.7m | $9.2m | ($3.5m) | $10.1m | $7.5m | $6.1m | — | |
| Change In Other Current Assets | — | — | — | — | — | — | $3.5m | ($10.1m) | ($7.5m) | ($6.1m) | ($8.5m) | |
| Change In Other Current Liabilities | — | — | — | — | — | — | $1.5m | ($350k) | ($445k) | $748k | $470k | |
| Net Cash Provided by (Used in) Operating Activities | $263.5m |
$293.4m
+11.35%
|
$304.3m
+3.71%
|
$331.8m
+9.01%
|
$351.0m
+5.81%
|
$449.2m
+27.96%
|
$591.5m
+31.68%
|
$611.1m
+3.33%
|
$631.1m
+3.26%
|
$608.5m
-3.58%
|
$597.9m
-1.75%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | — | — | $227.5m | $118.3m | — | — | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | $118.0m | — | $1.7b | — | — | $57.2m | — | ($2.9m) | |
| Net Cash Provided by (Used in) Investing Activities | ($544.5m) | ($147.8m) | ($322.3m) | ($375.7m) | ($511.4m) | ($1.9b) | ($48.8m) | ($93.8m) | ($174.0m) | ($571.3m) | ($107.8m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | ($18.0m) | ($20.3m) | — | — | — | ($3.7m) | — | |
| Issuance Of Debt | — | — | — | — | — | — | $634.0m | $794.4m | $697.0m | $1.8b | $1.7b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $634.0m | $794.4m | $697.0m | $1.8b | $1.7b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($785.4m) | ($869.8m) | ($747.5m) | ($1.4b) | ($1.6b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($151.4m) | ($75.4m) | ($50.4m) | $413.6m | $119.3m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($151.4m) | ($75.4m) | ($50.4m) | $413.6m | $119.3m | |
| Net Short Term Debt Issuance | — | — | — | — | — | $92.1m | ($783.0m) | ($42.8m) | — | — | — | |
| Repayment Of Debt | — | — | — | — | — | — | ($785.4m) | ($869.8m) | ($747.5m) | ($1.4b) | ($1.6b) | |
| Short Term Debt Issuance | — | — | — | — | — | $906.6m | $634.0m | $794.4m | — | — | — | |
| Short Term Debt Payments | — | — | — | — | — | ($814.5m) | ($783.0m) | ($837.2m) | — | — | — | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | — | — | — | $31.9m | — | |
| Payments of Ordinary Dividends, Common Stock | $149.3m | $195.0m | $221.3m | $243.9m | $256.3m | $273.8m | $387.1m | $442.2m | $461.8m | $476.3m | ($479.8m) | |
| Proceeds from Issuance of Common Stock | $136.1m | $29.6m | $131.8m | $196.3m | $120.7m | $965.6m | $4.9m | ($276k) | $118.3m | ($452k) | $118.3m | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($387.1m) | ($442.2m) | ($461.8m) | ($476.3m) | ($479.8m) | |
| Common Stock Issuance | — | — | — | — | — | $965.6m | $4.9m | ($276k) | $118.3m | ($36.0m) | $118.3m | |
| Common Stock Payments | — | — | — | — | — | — | ($1.4m) | ($276k) | $0 | ($36.0m) | ($112.4m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $965.6m | $4.9m | — | $118.3m | — | $118.3m | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($1.4m) | ($276k) | $0 | ($36.0m) | ($112.4m) | |
| Dividends Payable | $49.2m | $55.3m | $60.6m | $64.7m | $68.3m | $97.4m | $111.2m | $115.8m | $119.6m | $121.5m | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($387.1m) | ($442.2m) | ($461.8m) | ($476.3m) | ($479.8m) | |
| Dividends Received CFI | — | — | — | — | — | — | $62.7m | $8.3m | $5.5m | $3.2m | $2.8m | |
| Net Other Financing Charges | — | — | — | — | — | — | ($13.6m) | ($2.0m) | ($2.6m) | ($8.0m) | ($20.0m) | |
| Net Cash Provided by (Used in) Financing Activities | $221.0m |
($143.3m)
-164.84%
|
$15.2m
+110.64%
|
$95.9m
+528.64%
|
$108.2m
+12.87%
|
$1.4b
+1203.72%
|
($547.1m)
-138.79%
|
($518.0m)
+5.31%
|
($387.7m)
+25.16%
|
($104.6m)
+73.01%
|
($487.9m)
-366.33%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | ($2.7m) | $52.0m | ($52.2m) | $7.1m | ($4.4m) | ($708k) | $69.4m | ($67.4m) | $16.6m | |
| Beginning Cash Position | — | — | — | — | — | — | $13.3m | $8.9m | $8.2m | $77.7m | $14.3m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($76.6m) | ($1.7m) | $6.5m | $58.4m | $6.2m | $13.3m | $8.9m | $8.2m | $77.7m | $10.2m | $16.6m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $53.1m | $63.4m | $66.8m | $69.3m | $80.8m | $79.1m | $92.3m | $95.5m | $92.6m | $106.8m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Sale of Properties | — | — | $10.6m | $1.5m | $6.7m | $32.7m | — | — | — | — | — | |
| General and Administrative Expense | $32.8m | $34.7m | $37.7m | $38.6m | $41.4m | $47.8m | $54.6m | $57.0m | $59.7m | $64.7m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $79.9m | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $88.4m | $135.6m | $165.5m | — | — | — | — | — | — | — | — | |
| Operating Lease, Lease Income | — | — | — | $552.4m | $581.0m | $707.8m | $879.3m | $912.0m | $911.2m | $956.6m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | ($3.2m) | ($1.9m) | $633k | $302k | $81k | — | — | — | — | — | — | |
| Proceeds from Noncontrolling Interests | $4.8m | $1.1m | $925k | $48k | — | $8.0m | $350k | $1.1m | $372k | $303k | — | |
| Proceeds from Stock Options Exercised | $13.3m | $2.4m | $3.8m | $3.7m | $961k | $7.9m | $1.6m | $2.7m | $9.9m | $5.4m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($547.1m) | ($518.0m) | ($387.7m) | ($104.6m) | ($487.9m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($48.8m) | ($93.8m) | ($174.0m) | ($571.3m) | ($107.8m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($4.4m) | ($708k) | $69.4m | ($67.4m) | — | |
| Changes In Cash | — | — | — | — | — | — | ($4.4m) | ($708k) | $69.4m | ($67.4m) | $2.3m | |
| End Cash Position | — | — | — | — | — | — | $8.9m | $8.2m | $77.7m | $10.2m | $16.6m | |
| Financing Cash Flow | — | — | — | — | — | — | ($547.1m) |
($518.0m)
+5.31%
|
($387.7m)
+25.16%
|
($104.6m)
+73.01%
|
($487.9m)
-366.33%
|
|
| Free Cash Flow | — | — | — | — | — | — | $591.5m | $611.1m | $631.1m | $608.5m | $603.1m | |
| Investing Cash Flow | — | — | — | — | — | — | ($48.8m) | ($93.8m) | ($174.0m) | ($571.3m) | ($107.8m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($21k) | ($21k) | ($58.5m) | ($827k) | ($2.9m) | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | ($111.4m) | ($109.6m) | ($115.9m) | ($573.7m) | ($117.9m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $0 | $0 | ($5.0m) | $0 | $0 | |
| Operating Gains Losses | — | — | — | — | — | — | ($48.9m) | ($618k) | $2.2m | $5.2m | $2.5m | |
| Other Non Cash Items | — | — | — | — | — | — | ($1.1m) | ($5.8m) | ($341k) | $179k | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $187k | $1.9m | $8.9m | $2.1m | $5.1m | |
| Purchase Of Business | — | — | — | — | — | — | ($21k) | ($21k) | ($58.5m) | ($827k) | ($2.9m) | |
| Purchase Of Investment | — | — | — | — | — | — | $0 | $0 | ($5.0m) | $0 | $0 | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($154.6m) | ($109.8m) | ($115.9m) | ($573.7m) | $0 | |
| Sale Of Investment Properties | — | — | — | — | — | — | $43.2m | $238k | $0 | $0 | $3.0m | |
| Stock Based Compensation | — | — | — | — | — | — | $9.1m | $10.1m | $11.5m | $11.5m | $12.4m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.