7Baggers

CubeSmart Quarterly Income Statements Chart

Quarterly
 | 
Annual
 
 Net Income  
20200930 20201231 20210331 20210630 20210930 20211231 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 20240331 20240630 20240930 20241231 20250331 20250630 016.2132.4148.6264.8281.0397.23113.44Milllion

CubeSmart Quarterly Income Statements Table

Quarterly
 | 
Annual
 
Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2010-09-30 2010-06-30 2010-03-31 2009-12-31 2009-09-30 2009-06-30 2009-03-31 2008-12-31 2008-09-30 2008-06-30 2008-03-31 2007-12-31 2007-09-30 2007-06-30 2007-03-31 2006-12-31 2006-09-30 2006-06-30 2006-03-31 2005-10-21 2005-09-30 2005-06-30 2005-03-31 2004-10-21 2004-09-30 
                                                                                      
  ​                                                                                    
  revenues                                                                                    
  rental income239,557,000 232,765,000 228,226,000 230,954,000 226,791,000 225,190,000 230,037,000 232,468,000 225,910,000 223,584,000 227,948,000 226,837,000 216,133,000 208,371,000 192,507,000 182,409,000 170,359,000 162,476,000 153,033,000 146,507,000 140,484,000 140,985,000 142,578,000 142,207,000 136,027,000 131,592,000 133,055,000 132,476,000 127,843,000 124,161,000 125,063,000 125,699,000 121,224,000 117,057,000 116,650,000 116,416,000 111,538,000 104,997,000 101,732,000 102,385,000 96,803,000 91,556,000 88,721,000 85,392,000 81,071,000 75,714,000 72,575,000 73,067,000 72,231,000 69,618,000 66,604,000 65,363,000 61,233,000 60,107,000 56,677,000 53,705,000 52,906,000 51,873,000 46,277,000 50,809,000 49,465,000 49,042,000 48,817,000 50,498,000 52,336,000 53,813,000 54,294,000 56,079,000 56,158,000 56,376,000 55,493,000 53,969,000 51,753,000 51,133,000 50,309,000 52,562,000 48,822,000 45,027,000 -76,324,000 21,277,000 31,480,000 27,597,000 -39,715,000 21,277,000 
  other property related income32,596,000 29,766,000 29,104,000 29,268,000 28,958,000 26,316,000 25,792,000 25,857,000 25,760,000 24,384,000 24,406,000 25,619,000 23,861,000 22,280,000 21,191,000 21,892,000 21,218,000 19,304,000 18,383,000 18,916,000 16,522,000 16,902,000 16,907,000 18,054,000 16,922,000 15,675,000 15,368,000 15,494,000 15,047,000 14,247,000 13,897,000 14,241,000 13,880,000 12,983,000 12,842,000 13,007,000 12,643,000 11,763,000 11,434,000 11,827,000 11,385,000 10,543,000 9,977,000 10,142,000 9,799,000 10,147,000 8,150,000 8,580,000 8,854,000 7,694,000 7,283,000 7,677,000 6,988,000 6,072,000 5,837,000 5,862,000 5,650,000 4,759,000 4,721,000 5,155,000 4,702,000 4,081,000 4,114,000 4,361,000 4,676,000 3,863,000 4,160,000 4,641,000 4,249,000 3,687,000 3,899,000 4,236,000 4,433,000 4,282,000 4,339,000 3,844,000 3,618,000 3,101,000 -5,712,000 1,004,000 2,304,000 2,118,000 -1,531,000 1,004,000 
  property management fee income10,150,000 10,505,000 10,396,000 10,668,000 10,460,000 9,900,000 9,296,000 9,551,000 9,135,000 8,560,000 8,633,000 8,952,000 8,670,000 7,914,000 8,214,000 8,263,000 7,670,000 7,061,000 7,371,000 7,088,000 6,792,000 6,194,000 6,021,000 6,286,000 6,068,000 5,578,000 5,459,000 5,400,000 4,925,000 4,469,000 4,522,000 3,925,000 3,455,000 2,997,000 3,054,000 2,673,000 2,345,000 2,111,000 1,826,000 1,758,000 1,683,000 1,589,000 1,569,000 1,558,000 1,467,000 1,406,000 1,233,000 1,185,000 1,217,000 1,145,000 1,124,000 1,094,000 1,103,000 1,020,000 1,134,000 878,000 848,000 909,000 1,147,000 1,048,000 590,000                        
  total revenues282,303,000 273,036,000 267,726,000 270,890,000 266,209,000 261,406,000 265,125,000 267,876,000 260,805,000 256,528,000 260,987,000 261,408,000 248,664,000 238,565,000 221,912,000 212,564,000 199,247,000 188,841,000 178,787,000 172,511,000 163,798,000 164,081,000 165,506,000 166,547,000 159,017,000 152,845,000 153,882,000 153,370,000 147,815,000 142,877,000 143,482,000 143,865,000 138,559,000 133,037,000 132,546,000 132,096,000 126,526,000 118,871,000 114,992,000 115,970,000 109,871,000 103,688,000 100,267,000 97,092,000 92,337,000 87,267,000 81,958,000 82,832,000 82,302,000 78,457,000 75,011,000 74,134,000 69,324,000 67,199,000 63,648,000 60,445,000 59,404,000 57,541,000 52,145,000 57,012,000 54,757,000 53,123,000 52,931,000 54,859,000 57,012,000 57,676,000 58,454,000 60,720,000 60,407,000 60,063,000 59,417,000 58,306,000 56,308,000 55,532,000 55,105,000 56,406,000 52,440,000 48,128,000 -82,036,000 22,281,000 33,784,000 29,715,000 -41,246,000 22,281,000 
  operating expenses                                                                                    
  property operating expenses89,028,000 82,934,000 75,748,000 81,868,000 83,097,000 77,037,000 71,286,000 77,546,000 74,821,000 71,127,000 72,493,000 76,728,000 73,472,000 70,567,000 63,060,000 64,065,000 63,751,000 61,228,000 55,448,000 57,101,000 55,345,000 55,740,000 54,729,000 53,465,000 50,120,000 51,425,000 49,829,000 48,755,000 49,528,000 48,754,000 44,661,000 47,152,000 44,821,000 44,874,000 42,216,000 41,805,000 41,607,000 40,219,000 38,234,000 39,297,000 38,210,000 37,431,000 34,709,000 33,622,000 32,080,000 32,290,000 30,276,000 30,104,000 29,955,000 30,821,000 27,794,000 29,195,000 27,645,000 27,285,000 25,106,000 24,940,000 25,085,000 25,610,000 21,775,000 24,602,000 24,421,000 22,973,000 22,154,000 23,153,000 26,002,000 24,457,000 23,845,000 25,774,000 25,494,000 25,389,000 26,327,000 25,110,000 22,315,000 23,239,000 24,755,000 21,978,000 20,954,000 18,860,000 -27,837,000 7,879,000 12,014,000 10,796,000 -13,929,000 7,879,000 
  depreciation and amortization66,488,000 59,156,000 52,741,000 51,210,000 51,035,000 50,717,000 50,566,000 49,985,000 50,358,000 50,329,000 69,433,000 79,574,000 79,046,000 82,557,000 68,229,000 55,871,000 54,139,000 53,810,000 37,758,000 38,084,000 39,893,000 40,838,000 41,063,000 43,379,000 40,663,000 38,442,000 38,099,000 35,239,000 35,046,000 34,966,000 34,855,000 35,971,000 36,736,000 38,119,000 39,234,000 41,827,000 41,448,000 39,356,000 37,064,000 38,744,000 38,086,000 37,895,000 36,589,000 31,622,000 30,487,000 28,115,000 26,347,000 28,495,000 29,241,000 29,832,000 31,428,000 29,774,000 27,474,000 25,763,000 21,361,000 16,042,000 15,945,000 15,572,000 14,687,000 15,557,000 16,363,000 16,378,000 17,297,000 17,894,000 18,700,000 18,736,000 18,634,000 19,416,000                 
  general and administrative14,897,000 16,068,000 15,151,000 14,265,000 14,622,000 15,625,000 13,982,000 14,060,000 14,325,000 14,674,000 12,983,000 13,390,000 13,725,000 14,525,000 13,238,000 12,095,000 11,560,000 10,916,000 11,322,000 10,193,000 9,543,000 10,365,000 9,602,000 10,011,000 9,800,000 9,147,000 10,847,000 9,780,000 8,341,000 8,744,000 8,223,000 8,228,000 8,800,000 9,494,000 8,639,000 8,065,000 7,891,000 8,228,000 7,082,000 7,002,000 7,114,000 7,173,000 7,330,000 7,464,000 7,059,000 6,569,000 7,109,000 7,326,000 7,515,000 7,613,000 6,549,000 6,860,000 6,278,000 6,444,000 6,343,000 5,476,000 6,841,000 6,031,000 6,098,000 6,597,000 6,844,000 5,868,000 5,911,000 5,556,000 5,626,000 5,474,000 7,151,000 5,849,000 6,469,000 5,495,000 5,230,000 5,173,000 5,648,000 5,888,000 4,865,000 7,289,000 4,132,000 5,389,000 -5,800,000  3,229,000 3,025,000   
  total operating expenses170,413,000 158,158,000 143,640,000 147,343,000 148,754,000 143,379,000 135,834,000 141,591,000 139,504,000 136,130,000 154,909,000 169,692,000 166,243,000 167,649,000 144,527,000 132,031,000 129,450,000 125,954,000 104,528,000 105,378,000 104,781,000 106,943,000 105,394,000 106,855,000 100,583,000 99,014,000 98,775,000 93,774,000 92,915,000 92,464,000 87,971,000 91,586,000 91,025,000 92,646,000 90,848,000 92,585,000 93,509,000 90,145,000 83,196,000 86,265,000 84,163,000 83,009,000 82,454,000 73,966,000 69,626,000 66,974,000 63,732,000 65,925,000 66,711,000 68,266,000 65,771,000 65,829,000 61,397,000 59,492,000 52,810,000 46,458,000 47,871,000 47,213,000 42,560,000 46,756,000 47,628,000 45,219,000 45,362,000 46,603,000 50,328,000 48,667,000 49,630,000 51,039,000 52,214,000 50,834,000 51,274,000 48,793,000 44,817,000 46,032,000 47,648,000 46,067,000 41,105,000 39,118,000 -55,356,000 14,386,000 23,987,000 21,842,000 -22,609,000 14,386,000 
  other income                                                                                    
  interest:                                                                                    
  interest expense on loans-29,090,000 -26,100,000 -22,384,000 -22,750,000 -22,767,000 -22,919,000 -22,626,000 -23,204,000 -23,544,000 -23,691,000 -23,555,000 -23,850,000 -23,055,000 -22,824,000 -20,980,000 -19,122,000 -19,112,000 -19,234,000 -19,523,000 -18,984,000 -18,702,000 -18,681,000 -18,667,000 -18,207,000 -18,134,000 -17,517,000 -16,335,000 -15,191,000 -15,451,000 -15,155,000 -14,924,000 -14,454,000 -13,975,000 -13,599,000 -13,328,000 -12,787,000 -12,200,000 -12,084,000 -11,412,000 -10,399,000 -10,868,000 -11,057,000 -8,917,500 -11,772,000  -11,871,000 -7,761,250 -9,995,000                           -8,246,500 -12,009,000 -10,977,000 -10,000,000       
  loan procurement amortization expense-1,221,000 -1,221,000 -1,036,000 -986,000 -1,015,000 -1,030,000 -1,030,000 -1,030,000 -1,041,000 -1,040,000 -1,012,000 -969,000 -959,000 -957,000 -5,109,000 -1,012,000 -1,012,000 -1,035,000 -414,000 -753,000 -753,000 -754,000 -737,000 -687,000 -771,000 -624,000 -578,000 -578,000 -578,000 -579,000 -579,000 -577,000 -776,000 -706,000 -706,000 -655,000 -611,000 -605,000 -582,000 -537,000 -659,000 -546,000 -412,500 -566,000  -541,000 -377,250 -536,000                           -376,250 -529,000 -447,000 -395,000 1,088,000 -2,935,000 385,000 373,000 4,913,000 -2,935,000 
  equity in earnings of real estate ventures547,000 379,000 811,000 418,000 425,000 845,000 1,603,000 1,141,000 790,000 2,551,000 1,345,000 46,558,000 680,000 294,000                                                                       
  other306,000 809,000 414,000 721,000 88,000 -65,000 5,899,000 -119,000 777,000 -276,000 -684,000 -15,000 -493,000 -9,163,000 -12,411,000 539,000 377,000 677,000 -448,000 45,000 -456,000 619,000 112,000 1,647,000 -178,000 -165,000 -54,000 -233,000 189,000 304,000 -69,000 741,000 308,000 -108,000 228,000 -397,000 901,000 330,000 584,000 -288,000 -208,000 -316,000 -275,750 -337,000  -593,000 290,000 -22,000    166,000    1,000           -94,000 49,000 71,000 67,000     264,000 -13,000 -102,000 42,000 -141,000 67,000 -30,000 16,000   
  total other income-29,458,000 -26,133,000 -22,195,000 -22,597,000 -23,269,000 -23,169,000 -16,154,000 -23,212,000 -23,018,000 -22,456,000 -23,906,000 21,724,000 -23,827,000 -32,650,000 -30,822,000 10,036,000 -19,431,000 -19,572,000 -31,301,000 -19,729,000 -20,085,000 -18,821,000 -17,602,000 -17,095,000 -8,556,000 -18,045,000 -6,471,000 -16,294,000 -16,149,000 -15,614,000 -15,653,000 -14,570,000 -14,696,000 -15,185,000 -14,651,000 -14,420,000 -12,634,000 -12,871,000 5,945,000 -11,085,000 -11,835,000 -12,157,000 -10,726,500 -14,535,000  -16,053,000 -8,767,250 -11,023,000                           -8,674,750 -12,456,000 -11,367,000 -10,742,000 -9,953,000 -10,166,000 7,497,000 6,196,000 -11,749,000 -10,166,000 
  net income82,432,000 88,745,000 101,891,000 100,950,000 94,186,000 94,858,000 113,137,000 103,073,000 98,283,000 97,942,000 82,172,000 113,440,000 58,594,000 38,266,000 46,563,000 90,569,000 50,366,000 43,315,000 42,958,000 47,404,000 38,932,000 38,317,000 42,510,000 42,597,000 49,878,000 35,786,000 48,636,000 43,302,000 38,751,000 34,799,000 39,858,000 37,709,000 32,838,000 25,206,000 27,047,000 25,091,000 20,383,000 15,855,000 37,741,000 18,620,000 13,873,000 8,522,000 5,542,000 8,591,000 7,993,000 4,576,000 23,253,000 16,601,000 2,568,000 -1,894 1,480,000 2,051,000 3,355,000 -5,345 -7,545,000 7,928,000 1,588,000 476,000 -6,009,524 -1,480 -4,521 -3,475 -2,131,937 7,503,000 -2,844 -2,109 2,490,000 4,020,000 263,000 -3,984,000 -5,877,000 -4,130,000 295,000 -3,358,000 -5,818,000 -1,941,000 -30,000 -1,587,000 -35,384,000 -2,271,000 2,204,000 1,617,000 -29,488,000 -2,271,000 
  yoy-12.48% -6.44% -9.94% -2.06% -4.17% -3.15% 37.68% -9.14% 67.74% 155.95% 76.47% 25.25% 16.34% -11.66% 8.39% 91.06% 29.37% 13.04% 1.05% 11.28% -21.95% 7.07% -12.60% -1.63% 28.71% 2.84% 22.02% 14.83% 18.01% 38.06% 47.37% 50.29% 61.10% 58.98% -28.34% 34.75% 46.93% 86.05% 581.00% 116.74% 73.56% 86.23% -76.17% -48.25% 211.25% -241705.07% 1471.15% 709.41% -23.46% -64.57% -119.62% -74.13% 111.27% -101.12% 25.55% -535775.68% -35224.97% -13797.84% 181.88% -100.02% 58.97% 64.77% -185.62% 86.64% -101.08% -99.95% -142.37% -197.34% -10.85% 18.64% 1.01% 112.78% -1083.33% 111.59% -83.56% -14.53% -101.36% -198.14% 19.99% 0.00%     
  qoq-7.11% -12.90% 0.93% 7.18% -0.71% -16.16% 9.76% 4.87% 0.35% 19.19% -27.56% 93.60% 53.12% -17.82% -48.59% 79.82% 16.28% 0.83% -9.38% 21.76% 1.61% -9.86% -0.20% -14.60% 39.38% -26.42% 12.32% 11.74% 11.36% -12.69% 5.70% 14.83% 30.28% -6.81% 7.80% 23.10% 28.56% -57.99% 102.69% 34.22% 62.79% 53.77% -35.49% 7.48% 74.67% -80.32% 40.07% 546.46% -135686.06% -100.13% -27.84% -38.87% -62868.94% -99.93% -195.17% 399.24% 233.61% -107.92% 405948.92% -67.26% 30.10% -99.84% -128.41% -263918.57% 34.85% -100.08% -38.06% 1428.52% -106.60% -32.21% 42.30% -1500.00% -108.78% -42.28% 199.74% 6370.00% -98.11% -95.51% 1458.08% -203.04% 36.30% -105.48% 1198.46%  
  net income margin %                                                                                    
  net income attributable to noncontrolling interests in the operating partnership-401,000 -453,000 -543,000 -551,000 -524,000 -541,000                                                                               
  net income attributable to noncontrolling interests in subsidiaries929,000 905,000 544,000 398,000 302,000 210,000                                                                               
  net income attributable to the company82,960,000 89,197,000 101,892,000 100,797,000 93,964,000 94,527,000                         39,547,000 37,297,000 32,458,000 24,986,000 26,847,000 24,884,000 20,424,000 15,750,000 37,116,000 18,438,000 13,724,000 8,434,000 5,483,000 8,480,000 7,886,000 4,530,000 22,948,000 16,342,000 2,550,000  1,481,000 1,636,000 2,543,000  -8,011,000 6,828,000 902,000 -117,000 2,083,000 -1,480,000 -4,521,000 -3,475,000 -2,802,000 6,818,000 -2,844,000 -2,109,000                   
  basic earnings per share attributable to common shareholders0.36 0.39 0.45 0.45 0.42 0.42 0.5 0.46 0.43 0.43 0.36 0.5 0.26 0.17 0.21 0.43 0.24 0.21 0.21 0.24 0.2 0.2 0.22 0.22 0.26 0.19 0.26 0.23 0.21 0.19 0.21 0.21 0.18 0.14 0.13 0.13 0.11 0.08 0.21 0.1 0.07 0.04 0.03 0.05 0.04 0.02 0.16 0.11 0.01  -0.008                                 
  diluted earnings per share attributable to common shareholders0.36 0.39 0.44 0.44 0.41 0.42 0.5 0.45 0.43 0.43 0.36 0.5 0.26 0.17 0.21 0.43 0.24 0.21 0.22 0.24 0.2 0.2 0.21 0.22 0.26 0.19 0.25 0.23 0.21 0.19 0.22 0.21 0.18 0.14 0.13 0.13 0.11 0.08 0.21 0.1 0.07 0.04 0.03 0.05 0.04 0.02 0.16 0.11 0.01  -0.008                                 
  weighted-average basic shares outstanding228,737 228,663 226,353 226,166 225,886 225,767 225,424 225,467 225,388 225,294 224,928 225,023 224,960 224,663 203,832 202,194 201,414 199,160 194,147 193,745 193,629 193,582 190,874 192,927 189,667 187,253 184,653 186,074 183,718 182,274 180,525 180,304 180,183 180,165 178,246 179,223 177,880 175,798 168,640 169,304 166,683 165,502 149,107 149,758 144,679 140,219 135,191 135,365 133,677   124,169    98,895           57,621    57,497  57,438   57,351 57,325 57,257       
  weighted-average diluted shares outstanding229,303 229,169 227,150 227,149 226,618 226,575 226,241 226,210 226,275 226,183 225,881 225,966 225,895 225,737 205,009 203,797 202,809 200,233 194,943 194,539 194,192 194,264 191,576 193,817 190,543 187,984 185,495 186,916 184,523 183,222 181,448 181,286 181,189 181,265 179,533 180,478 179,221 177,261 170,191 170,901 168,224 167,165 150,863 152,006 146,999 142,774 137,742 138,106 136,329   125,976    100,284           57,621    57,497  57,438   57,351 57,325 57,257   37,519,841 37,483,309   
  net (income) loss attributable to noncontrolling interests                                                                                    
  noncontrolling interests in the operating partnership      -467,500 -640,000 -616,000 -614,000 -527,000 -733,000 -379,000 -292,000 -1,407,000 -3,149,000 -1,768,000 -1,549,000 -579,000 -474,000 -389,000 -383,000 -425,000 -426,000 -499,000 -358,000 -535,000 -476,000 -426,000 -383,000 -399,000 -490,000 -427,000 -277,000 -259,000 -283,000 -227,000 -172,000 -485,000 -223,000 -161,000 -91,000 -62,500 -106,000  -49,000 -60,000 -257,000  35,000 1,000   149,000    5,000 -106,000 76,000 233,000 178,000 153,000 -512,000                     
  noncontrolling interest in subsidiaries      165,500 212,000 212,000 238,000 217,000 181,000 143,000 181,000 192,000 230,000 154,000 -34,000 -50,000 -39,000 -38,000 -38,000 -40,000 -17,000 41,000 70,000 55,000 74,000 85,000 7,000 88,000 78,000 47,000 57,000 59,000 76,000 268,000 67,000 -140,000 41,000 12,000 3,000    3,000    1,000                                   
  net income attributable to the company’s common shareholders      112,667,000 102,645,000 97,879,000 97,566,000 81,862,000 112,888,000 58,358,000 38,155,000 45,348,000 87,650,000 48,752,000 41,732,000 42,329,000 46,891,000 38,505,000 37,896,000 42,045,000 42,154,000 49,420,000 35,498,000 48,156,000 42,900,000 38,410,000 34,423,000 39,547,000 37,297,000 32,458,000 24,986,000 23,371,000 23,382,000 18,922,000 14,248,000 35,614,000 16,936,000 12,222,000 6,932,000 3,981,000 6,978,000 6,384,000 3,028,000    -1,894,000 -21,000 134,000 1,041,000 -5,345,000                               
  gains from sales of real estate              3,883,000 28,815,000                                                                     
  equity in earnings (losses) of real estate ventures              288,000 816,000 316,000 20,000     182,000 152,000 10,527,000 261,000             -49,750 139,000                                             
  net income attributable to noncontrolling interests                                                                 177,000                   
  equity in (losses) earnings of real estate ventures                  -54,000 -37,000 -174,000 -5,000             -454,250 -581,000                                                 
  acquisition related costs                              232,000 235,000 668,000 159,000 759,000 888,000 2,563,000 2,342,000 816,000 1,222,000 753,000 510,000 3,826,000 1,258,000  -1,679,000 -558,250 -470,000                                     
  operating income                          41,227,250 59,596,000 54,900,000 50,413,000 55,511,000 52,279,000 47,534,000 40,391,000 41,698,000 39,511,000 33,017,000 28,726,000 31,796,000 29,705,000 25,708,000 20,679,000 17,813,000 23,126,000 22,711,000 20,293,000 18,226,000 16,907,000 15,591,000 10,191,000 9,240,000 8,305,000 7,927,000 7,707,000 10,838,000 13,987,000 11,533,000 10,328,000 9,585,000 10,256,000 7,129,000 7,904,000 7,569,000 8,256,000 6,684,000 9,009,000 8,824,000 9,681,000 8,193,000 9,229,000 8,143,000 9,513,000 11,491,000 9,500,000 7,457,000 10,339,000 11,335,000 9,010,000 -26,680,000 7,895,000 9,797,000 7,873,000 -18,637,000 7,895,000 
  yoy                          -25.73% 14.00% 15.50% 24.81% 33.13% 32.32% 43.97% 40.61% 31.14% 33.01% 28.43% 38.91% 78.50% 28.45% 13.20% 1.90% -2.27% 36.78% 45.67% 99.13% 97.25% 103.58% 96.68% 32.23% -14.74% -40.62% -31.27% -25.38% 13.07% 36.38% 61.78% 30.67% 26.63% 24.22% 6.66% -12.27% -14.22% -14.72% -18.42% -2.38% 8.36% 1.77% -28.70% -2.85% 9.20% -7.99% 1.38% 5.44% -127.95% 30.96% 15.70% 14.44% 43.16% 0.00%     
  qoq                          -30.82% 8.55% 8.90% -9.18% 6.18% 9.98% 17.68% -3.13% 5.54% 19.67% 14.94% -9.66% 7.04% 15.55% 24.32% 16.09% -22.97% 1.83% 11.92% 11.34% 7.80% 8.44% 52.99% 10.29% 11.26% 4.77% 2.85% -28.89% -22.51% 21.28% 11.67% 7.75% -6.54% 43.86% -9.81% 4.43% -8.32% 23.52% -25.81% 2.10% -8.85% 18.16% -11.23% 13.34% -14.40% -17.21% 20.96% 27.40% -27.88% -8.79% 25.80% -133.77% -437.94% -19.41% 24.44% -142.24% -336.06%  
  operating margin %                                                                                    
  equity in losses of real estate ventures                          -80,000 -292,000 -309,000 -184,000 -81,000 -280,000 -253,000 -772,000   -724,000 -512,000   -100,000 -238,000                                           
  distribution to preferred shareholders                                  -539,000 -1,502,000 -1,502,000 -1,502,000 -1,502,000 -1,502,000 -1,502,000 -1,502,000 -1,126,500 -1,502,000   -1,126,500 -1,502,000                                     
  gain from sale of real estate                                            475,000                                        
  income from continuing operations                                      37,741,000 18,620,000 13,873,000 8,522,000 5,542,000 8,591,000 7,993,000 4,240,000 5,407,000 5,884,000 2,576,000 -2,299 -4,384 1,892,000 -5,185 -5,345 -3,062,815 4,040,000 -906 476,000 -9,841,387 -1,527 -4,521 -3,475 -3,953 -4,011 -4,860 -2,577                 -102,500 -2,271,000 
  discontinued operations                                                                                    
  income from discontinued operations                                             336,000 -56,000 1,407,000  184,000 977,000  246,000  185,000 361,000 1,895,000  1,863,000 49,000   204,000 684,000 72,000 9,000 6,377,000 7,244,000 5,011,000 561,000 348,000  1,964,000            
  total discontinued operations                                             336,000 17,846,000 10,717,000  412,000 4,385,000 159,000 6,452,000  561,000 3,888,000 1,808  3,689,000 49,000   813,000 11,594,000 2,194,000 509,000                   
  basic earnings per share from continuing operations attributable to common shareholders                                      0.21 0.1 0.07 0.04 0.02 0.05 0.04 0.02 0.03 0.03 0.01  -0.023                                 
  basic earnings per share from discontinued operations attributable to common shareholders                                          0.13 0.08   0.015                                 
  diluted earnings per share from continuing operations attributable to common shareholders                                      0.21 0.1 0.07 0.04 0.02 0.05 0.04 0.02 0.03 0.03 0.01  -0.023                                 
  diluted earnings per share from discontinued operations attributable to common shareholders                                          0.13 0.08   0.015                                 
  amounts attributable to the company’s common shareholders:                                                                                    
  equity in losses of real estate venture                                          -1,239,500 -1,860,000  -1,369,000                                       
  gain from disposition of discontinued operations                                              17,902,000 9,310,000                                     
  noncontrolling interests in subsidiaries                                          -3,500                                          
  gain on disposition of discontinued operations                                                 228,000 3,408,000 197,000   376,000 3,527,000           6,296,000 7,544,000 5,308,000 571,000 395,000  2,122,000            
  net income (income) attributable to noncontrolling interests                                                                242,000                    
  distribution to preferred shares                                             -1,502,000                                       
  equity in loss of real estate venture                                                                                    
  gain from remeasurement of investment in real estate venture                                                   7,023,000                                 
  net income attributable to the company’s                                                                                    
  common shareholders                                              3,498,500 14,840,000 1,048,000                                    
  basic and diluted loss per share from continuing operations attributable to common shareholders                                                 -0.02   -0.04 -0.04   -0.01  -0.02 -0.02 -0.05 -0.04 -0.04 -0.05 -0.08 -0.04                   
  basic and diluted earnings per share from discontinued operations attributable to common shareholders                                                 0.01   0.05   0.04 0.02       0.14 0.03 0.01                   
  basic and diluted loss per share attributable to common shareholders                                                 -0.01    -0.04       -0.05 -0.04    -0.03                   
  weighted-average basic and diluted shares outstanding                                                 132,951 124,548  122,599 122,266 102,976  98,844 98,769 93,998 93,724 92,925 92,834 70,988 75,248 58,165 57,687  57,635 57,620 57,593  57,537  57,421           
  loan procurement amortization expense - early repayment of debt                                                                                    
  income from early repayment of debt                                                                                    
  gains on dispositions of discontinued operations                                                    6,206,000                                
  basic and diluted earnings per share attributable to common shareholders                                                    0.01  0.02 0.07 0.01  0.02 -0.02   -0.04 0.09 -0.05                    
  interest income                                                      5,250 7,000 5,000 9,000 5,000 19,000 62,000 535,000 432,000 150,000 55,000 44,000 27,000 34,000 32,000 59,000 93,000 104,000 91,000 115,000 203,000 95,000 159,000 884,000     16,750 67,000 
  basic and diluted earnings per share from continuing operations attributable to common shareholders                                                      0.003 0.03                             
  net gain on disposition of discontinued operations                                                              609,000 10,910,000 2,122,000 500,000                   
  other - related party                                                                      25,000 101,000 122,000            
  property operating expenses - related party                                                                       8,000 14,000            
  lease abandonment                                                                       1,316,000             
  general and administrative - related party                                                                       118,000 118,000            
  income before minority interests and discontinued operations                                                                                    
  minority interests                                                                  279,000 284,000 407,000 397,000 563,000 364,000 149,000 304,000 524,000 176,000 2,000        
  income from operations                                                                  631,000 338,000 145,000 39,000 -16,000  17,000            
  minority interest attributable to discontinued operations                                                                                    
  basic and diluted loss per share from continuing operations                                                                  -0.06 -0.06 -0.08 -0.08 -0.04 -0.07             
  basic and diluted earnings per share from discontinued operations                                                                  0.1 0.13 0.09 0.01 0.01  0.03            
  basic and diluted earnings per share                                                                  0.04 0.07                 
  distributions declared per common share and unit                                                                  0.025 0.18 0.18 0.18 0.18 0.29 0.29 0.29 0.218 0.29         
  depreciation                                                                    20,251,000 19,950,000 19,717,000 17,068,000 16,722,000 16,767,000 17,918,000 16,405,000 15,734,000 14,672,000 -21,833,000 5,322,000 8,744,000 8,021,000 -9,509,000 5,322,000 
  income from continuing operations before minority interests                                                                                    
  basic and diluted income per share                                                                    0.01                
  basic and diluted loss per share                                                                     -0.07 -0.033 -0.07  -0.06           
  asset write-off                                                                          -2,000 307,000         
  write-off of loan procurement cost due to early extinguishment of debt                                                                          -318,250   -1,273,000       
  income from continuing                                                                                    
  operations                                                                                    
  basic and diluted earnings per share from continuing operations                                                                        -0.03            
  other—related party                                                                         117,000           
  property operating expenses—related party                                                                         37,000           
  general and administrative—related party                                                                         101,000           
  income before minority interests                                                                          -745,500 -2,117,000 -32,000        
  revenues:                                                                                    
  operating expenses:                                                                                    
  property operating expenses — related party                                                                          11,750 15,000         
  general and administrative — related party                                                                          130,750 73,000 273,000 177,000       
  other income:                                                                                    
  basic earnings per share                                                                          -0.013 -0.03 -0.03       
  diluted earnings per share                                                                          -0.013 -0.03 -0.03       
  property operating expense — related party                                                                            12,000 20,000       
  distributions declared per common share                                                                            0.29 0.29       
  income before minority interest                                                                             -1,732,000 1,459,250 -2,271,000 2,300,000 1,677,000   
  minority interest                                                                             145,000 1,249,000  -96,000 -60,000   
  management fees—related party                                                                               1,185,000     
  interest expense                                                                              -5,663,750 -7,298,000 7,142,000 5,807,000 12,610,000 -7,298,000 
  basic income per share                                                                              0.038  0.06 0.04   
  diluted income per share                                                                              0.038  0.06 0.04   
  weighted-average basic common shares outstanding                                                                                37,477,920 37,477,920   
  distributions declared per share of common stock                                                                              -0.639  0.28    
  management fees to related party                                                                                  856,250 1,185,000 
  discountinued operations                                                                                    
  gain on sale of storage facilities                                                                                    

We provide you with 20 years income statements for CubeSmart stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of CubeSmart stock. Explore the full financial landscape of CubeSmart stock with our expertly curated income statements.

The information provided in this report about CubeSmart stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.