See more : Zhejiang Hailide New Material Co.,Ltd (002206.SZ) Income Statement Analysis – Financial Results
Complete financial analysis of CubeSmart (CUBE) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of CubeSmart, a leading company in the REIT – Industrial industry within the Real Estate sector.
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CubeSmart (CUBE)
About CubeSmart
CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. According to the 2020 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.05B | 1.01B | 822.56M | 679.18M | 643.92M | 597.94M | 558.94M | 510.04M | 444.52M | 376.96M | 318.40M | 283.08M | 237.61M | 216.83M | 217.29M | 236.40M | 229.17M | 213.11M | 148.12M | 91.61M | 80.83M | 76.59M | 62.28M | 53.09M |
| Cost of Revenue | 294.78M | 293.26M | 252.10M | 223.63M | 209.74M | 196.87M | 181.51M | 165.85M | 153.17M | 132.70M | 118.22M | 110.82M | 99.16M | 93.70M | 93.95M | 99.18M | 59.00K | 69.00K | 43.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 755.55M | 716.36M | 570.46M | 455.54M | 434.18M | 401.08M | 377.44M | 344.19M | 291.35M | 244.26M | 200.17M | 172.26M | 138.45M | 123.13M | 123.34M | 137.22M | 229.11M | 213.04M | 148.08M | 91.61M | 80.83M | 76.59M | 62.28M | 53.09M |
| Gross Profit Ratio | 71.93% | 70.95% | 69.35% | 67.07% | 67.43% | 67.08% | 67.53% | 67.48% | 65.54% | 64.80% | 62.87% | 60.85% | 58.27% | 56.79% | 56.76% | 58.04% | 99.97% | 99.97% | 99.97% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.29 | 0.28 | 0.25 | 0.26 | 0.28 | 0.24 | 0.17 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 57.04M | 54.62M | 47.81M | 41.42M | 38.56M | 37.71M | 34.75M | 32.82M | 28.37M | 28.42M | 29.56M | 26.13M | 24.69M | 25.41M | 22.57M | 24.96M | 21.97M | 22.29M | 18.52M | 4.25M | 4.36M | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 22.40M | 21.00M | 16.90M | 11.50M | 10.30M | 9.70M | 9.40M | 8.60M | 7.70M | 7.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 57.04M | 54.62M | 47.81M | 41.42M | 38.56M | 37.71M | 34.75M | 32.82M | 28.37M | 28.42M | 29.56M | 26.13M | 24.69M | 25.41M | 22.57M | 24.96M | 21.97M | 22.29M | 18.52M | 4.25M | 4.36M | 0.00 | 0.00 | 0.00 |
| Other Expenses | 0.00 | 310.61M | 232.05M | 156.57M | 163.55M | 206.00K | 872.00K | 1.06M | -228.00K | -405.00K | 8.00K | 256.00K | 68.22M | 62.95M | 70.83M | 122.82M | 168.71M | 149.74M | 94.85M | 61.68M | 47.59M | 49.86M | 38.50M | 33.20M |
| Operating Expenses | 755.55M | 365.23M | 279.86M | 198.00M | 202.11M | 181.06M | 180.43M | 194.69M | 180.16M | 155.24M | 141.88M | 140.01M | 92.92M | 88.35M | 93.40M | 50.53M | 190.67M | 172.03M | 113.37M | 65.94M | 51.95M | 49.86M | 38.50M | 33.20M |
| Cost & Expenses | 351.82M | 658.49M | 531.96M | 421.63M | 411.85M | 377.93M | 361.93M | 360.54M | 333.33M | 287.94M | 260.10M | 250.83M | 192.08M | 182.05M | 187.35M | 149.71M | 190.67M | 172.03M | 113.37M | 65.94M | 51.95M | 49.86M | 38.50M | 33.20M |
| Interest Income | 81.00K | 97.18M | 86.62M | 78.56M | 75.34M | 43.60M | 412.00K | 621.00K | 681.00K | 153.00K | 401.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Interest Expense | 97.29M | 93.28M | 78.45M | 75.89M | 72.53M | 0.00 | 38.23M | 44.26M | 47.61M | 52.01M | 55.88M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Depreciation & Amortization | 201.24M | 658.49M | 531.96M | 421.63M | 414.67M | 380.14M | 363.63M | 367.51M | 151.79M | 129.00M | 117.07M | 113.87M | 68.22M | 62.95M | 70.83M | 77.58M | 72.22M | 66.73M | 41.90M | 28.30M | 20.72M | 0.00 | 0.00 | 0.00 |
| EBITDA | 703.12M | 696.37M | 547.93M | 414.12M | 405.34M | 363.47M | 339.54M | 306.97M | 260.02M | 208.36M | 170.61M | 146.12M | 113.75M | 97.72M | 100.78M | 112.25M | 110.71M | 105.18M | 44.51M | 24.19M | 49.59M | 26.73M | 23.77M | 19.89M |
| EBITDA Ratio | 66.94% | 68.97% | 64.30% | 60.57% | 62.95% | 60.27% | 60.75% | 60.23% | 58.49% | 55.49% | 54.07% | 52.77% | 52.96% | 45.53% | 46.39% | 92.27% | 48.31% | 51.39% | 30.05% | 97.23% | 61.36% | 34.90% | 38.17% | 37.46% |
| Operating Income | 703.12M | 385.76M | 296.89M | 254.81M | 241.79M | 220.02M | 195.72M | 142.95M | 107.89M | 81.54M | 58.30M | 32.25M | 45.53M | 34.78M | 29.94M | 34.67M | 38.50M | 39.17M | 34.66M | 25.67M | 28.88M | 26.73M | 23.77M | 19.89M |
| Operating Income Ratio | 66.94% | 38.21% | 36.09% | 37.52% | 37.55% | 36.80% | 35.02% | 28.03% | 24.27% | 21.63% | 18.31% | 11.39% | 19.16% | 16.04% | 13.78% | 14.67% | 16.80% | 18.38% | 23.40% | 28.02% | 35.72% | 34.90% | 38.17% | 37.46% |
| Total Other Income/Expenses | -290.69M | -58.66M | -59.79M | -89.94M | -61.30M | -54.53M | -60.10M | -54.58M | -29.13M | -55.18M | -44.04M | -32.08M | -41.82M | -39.48M | -30.88M | -31.88M | -55.36M | -47.00M | -30.17M | -25.66M | 0.00 | -26.73M | -23.77M | -19.89M |
| Income Before Tax | 412.44M | 292.47M | 230.81M | 167.61M | 170.77M | 165.49M | 135.61M | 88.38M | 78.76M | 26.37M | 10.41M | -8.30M | -5.05M | -9.85M | -937.00K | 2.79M | -13.08M | -8.55M | 2.57M | 12.73M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 39.27% | 28.97% | 28.06% | 24.68% | 26.52% | 27.68% | 24.26% | 17.33% | 17.72% | 6.99% | 3.27% | -2.93% | -2.13% | -4.54% | -0.43% | 1.18% | -5.71% | -4.01% | 1.73% | 13.90% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 0.00 | 93.28M | 100.24M | 77.82M | 86.72M | 7.60M | 57.76M | 49.27M | 44.14M | 40.13M | 8.24M | 37.14M | 45.65M | 42.17M | 30.88M | 83.90M | 0.00 | 49.63M | 31.97M | 58.02M | 12.64M | -9.73M | -6.90M | -8.25M |
| Net Income | 410.76M | 199.19M | 130.58M | 89.79M | 84.05M | 163.89M | 134.29M | 87.91M | 77.71M | 26.38M | 41.45M | 1.82M | -398.00K | -7.39M | -937.00K | 2.79M | -13.08M | -8.55M | 2.78M | -32.35M | 16.23M | 9.73M | 6.90M | 8.25M |
| Net Income Ratio | 39.11% | 19.73% | 15.87% | 13.22% | 13.05% | 27.41% | 24.03% | 17.23% | 17.48% | 7.00% | 13.02% | 0.64% | -0.17% | -3.41% | -0.43% | 1.18% | -5.71% | -4.01% | 1.87% | -35.31% | 20.08% | 12.71% | 11.07% | 15.54% |
| EPS | 1.82 | 0.89 | 0.64 | 0.46 | 0.44 | 0.89 | 0.74 | 0.45 | 0.43 | 0.14 | 0.26 | -0.03 | 0.00 | -0.08 | -0.01 | 0.05 | -0.23 | -0.15 | 0.04 | -0.86 | 0.47 | 0.29 | 0.20 | 0.24 |
| EPS Diluted | 1.82 | 0.88 | 0.64 | 0.46 | 0.44 | 0.88 | 0.74 | 0.45 | 0.42 | 0.14 | 0.26 | -0.03 | 0.00 | -0.08 | -0.01 | 0.05 | -0.23 | -0.15 | 0.04 | -0.86 | 0.47 | 0.29 | 0.20 | 0.24 |
| Weighted Avg Shares Out | 225.42M | 224.93M | 203.83M | 194.15M | 190.87M | 184.65M | 180.53M | 178.25M | 168.64M | 149.11M | 135.19M | 124.09M | 102.98M | 94.00M | 70.99M | 57.62M | 57.50M | 57.29M | 42.12M | 37.48M | 33.74M | 33.74M | 33.74M | 33.74M |
| Weighted Avg Shares Out (Dil) | 226.24M | 225.88M | 205.01M | 194.94M | 191.58M | 185.50M | 181.45M | 179.53M | 170.19M | 150.86M | 137.74M | 124.55M | 102.98M | 94.00M | 70.99M | 57.62M | 57.50M | 57.29M | 42.20M | 37.48M | 33.74M | 33.74M | 33.74M | 33.74M |
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Source: https://incomestatements.info
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