← CubeSmart
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $165.8m |
$181.5m
+9.44%
|
$196.9m
+8.46%
|
$643.9m
+227.08%
|
$679.2m
+5.48%
|
$822.6m
+21.11%
|
$1.0b
+22.74%
|
$1.1b
+4.03%
|
$1.1b
+1.51%
|
$1.1b
+5.33%
|
$1.1b
+1.16%
|
|
| Cost of Revenue | $165.8m |
$181.5m
+9.44%
|
$196.9m
+8.46%
|
$209.7m
+6.54%
|
$223.6m
+6.62%
|
$252.1m
+12.73%
|
$202.6m
-19.64%
|
$154.9m
-23.54%
|
$120.8m
-22.01%
|
$79.9m
-33.86%
|
$365.5m
+357.48%
|
|
| Gross Profit (Calculated) | $0 | $0 | $0 | $434.2m |
$455.5m
+4.92%
|
$570.5m
+25.23%
|
$716.4m
+25.58%
|
$755.6m
+5.47%
|
$748.5m
-0.94%
|
$771.7m
+3.10%
|
— | |
| Marketing and Advertising Expense | — | $9.7m | $10.3m | $11.5m | $16.9m | $21.0m | $22.4m | $24.5m | $26.0m | $30.3m | — | |
| General and Administrative Expense | $32.8m | $34.7m | $37.7m | $38.6m | $41.4m | $47.8m | $54.6m | $57.0m | $59.7m | $64.7m | $68.1m | |
| Operating Lease, Lease Income | — | — | — | $552.4m | $581.0m | $707.8m | $879.3m | $912.0m | $911.2m | $956.6m | — | |
| Operating expenses: | ||||||||||||
| Operating Income (Loss) | $143.0m |
$195.7m
+36.91%
|
— | — | — | — | — | — | — | — | $452.7m | |
| Interest Expense, Debt | $50.4m | $57.0m | $62.1m | — | — | — | — | — | — | — | $119.1m | |
| Other Nonoperating Income (Expense) | $1.1m | $872k | $206k | $1.4m | ($240k) | ($10.8m) | ($10.4m) | $6.3m | $1.2m | $2.7m | — | |
| Income (Loss) from Equity Method Investments | ($2.7m) | ($1.4m) | ($865k) | $11.1m | $178k | $25.3m | $48.9m | $6.1m | $2.5m | $2.5m | — | |
| Net Income (Loss) Attributable to Parent | $87.9m |
$134.3m
+52.76%
|
$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%
|
$334.1m
+0.09%
|
|
| Noncontrolling Interest in Net Income (Loss) Operating Partnerships, Redeemable | $941k | $1.6m | $1.8m | $1.7m | $1.8m | $7.9m | $1.9m | $2.5m | $2.2m | $1.6m | — | |
| Noncontrolling Interest in Net Income (Loss) Other Noncontrolling Interests, Redeemable | ($470k) | ($270k) | ($221k) | ($54k) | $165k | ($542k) | ($722k) | ($857k) | ($1.5m) | ($4.1m) | — | |
| Preferred Stock Dividends, Income Statement Impact | $5.0m | — | — | — | — | — | — | — | — | — | — | |
| Earnings Per Share, Basic | $0.45 | $0.74 | $0.89 | $0.89 | $0.85 | $1.10 | $1.29 | $1.82 | $1.73 | $1.46 | $1.47 | |
| Earnings Per Share, Diluted | $0.45 | $0.74 | $0.88 | $0.88 | $0.85 | $1.09 | $1.29 | $1.82 | $1.72 | $1.46 | $1.47 | |
| Income (Loss) from Continuing Operations, Per Basic Share | $0 | $1 | $1 | $1 | $1 | $1 | $1 | $2 | $2 | $1 | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $0 | $1 | $1 | $1 | $1 | $1 | $1 | $2 | $2 | $1 | — | |
| Common Stock, Dividends, Per Share, Declared | $0.90 | $1.11 | $1.22 | $1.29 | $1.33 | $1.45 | $1.78 | $1.98 | $2.05 | $2.09 | — | |
| Preferred Stock, Dividends Per Share, Declared | $1.63 | $1.63 | $0.89 | $0.89 | $0.85 | $1.10 | $1.29 | $1.82 | $1.73 | $1.46 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 178.2m | 180.5m | 184.7m | 190.9m | 194.1m | 203.8m | 224.9m | 225.4m | 226.4m | 228.7m | 228.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 179.5m | 181.4m | 185.5m | 191.6m | 194.9m | 205.0m | 225.9m | 226.2m | 227.2m | 229.2m | 228.4m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | $6.6m | $1.3m | — | — | — | — | — | — | — | — | — | |
| 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 | $1.7m | $1.8m | $7.9m | $1.9m | $2.5m | $2.2m | $1.6m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.