CubeSmart (CUBE)
Q1-CY2026Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014
Balance Sheet Date2025-Dec-312025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-31
Fiscal PeriodQ4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014
Total Revenue282,691,000$285,080,000$282,303,000$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$142,877,000$
QoQ%(.84%).98%3.39%1.98%(1.17%)1.76%1.84%(1.40%)(1.03%)2.71%1.67%(1.71%)(.16%)5.13%4.23%7.50%4.40%6.68%5.51%5.62%3.64%5.32%(.17%)(.86%)(.63%)4.74%4.04%(.67%).33%3.76%3.46%
YoY%5.59%5.24%6.05%4.45%.98%1.13%2.07%1.90%1.59%2.47%4.88%7.53%17.61%22.98%24.80%26.33%24.12%23.22%21.64%15.09%8.02%3.58%3.01%7.35%7.55%8.59%7.58%6.98%
Cost Of Revenue88,595,000$90,848,000$89,028,000$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$32,290,000$
Gross Profit194,096,000$194,232,000$193,275,000$190,102,000$191,978,000$189,022,000$183,112,000$184,369,000$193,839,000$190,330,000$185,984,000$185,401,000$188,494,000$184,680,000$175,192,000$167,998,000$158,852,000$148,499,000$135,496,000$127,613,000$123,339,000$115,410,000$108,453,000$108,341,000$110,777,000$113,082,000$108,897,000$101,420,000$104,053,000$104,615,000$98,287,000$94,123,000$(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$)(32,290,000$)
Gross Margin68.66%68.13%68.46%69.63%71.71%69.78%68.79%70.53%73.11%71.05%71.31%72.27%72.22%70.65%70.45%70.42%71.58%69.86%68.00%67.58%68.99%66.90%66.21%66.03%66.93%67.90%68.48%66.36%67.62%68.21%66.49%65.88%
Operating Expenses84,275,000$84,452,000$82,606,000$76,445,000$68,928,000$66,461,000$67,702,000$67,372,000$65,578,000$65,075,000$66,764,000$65,003,000$86,313,000$92,964,000$92,771,000$97,082,000$81,467,000$67,966,000$65,699,000$64,726,000$49,080,000$48,277,000$49,436,000$51,203,000$50,665,000$53,390,000$50,463,000$47,589,000$48,946,000$45,019,000$43,387,000$43,710,000$(100,172,000$)(99,431,000$)(92,355,000$)(85,265,000$)(83,914,000$)(81,316,000$)(74,624,000$)(68,945,000$)(70,030,000$)(69,002,000$)(63,918,000$)(58,110,000$)(52,522,000$)(56,748,000$)(54,070,000$)(50,904,000$)
Operating Income59,596,000$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$21,990,000$18,614,000$
Operating Margin38.86%37.14%35.28%
Interest Income
Interest Expenses
Income Before Tax77,724,000$82,416,000$82,432,000$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$4,576,000$
Tax Expenses
Net Income77,724,000$82,416,000$82,432,000$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$4,576,000$
Profit Margin27.49%28.91%29.20%32.50%38.06%37.27%35.38%36.29%42.67%38.48%37.68%38.18%31.49%43.40%23.56%16.04%20.98%42.61%25.28%22.94%24.03%27.48%23.77%23.35%25.69%25.58%31.37%23.41%31.61%28.23%26.22%24.36%
TTM29.50%32.08%34.19%35.79%36.75%37.90%38.21%38.79%39.27%36.46%37.69%34.27%28.97%26.47%25.39%25.88%28.06%29.15%24.89%24.52%24.68%25.10%24.60%26.45%26.52%27.98%28.69%27.39%27.68%
Earnings to Minority(971,000$)(514,000$)(528,000$)(452,000$)(1,000$)153,000$222,000$331,000$470,000$428,000$404,000$376,000$310,000$552,000$236,000$111,000$1,215,000$2,919,000$1,614,000$1,583,000$629,000$513,000$427,000$421,000$465,000$443,000$458,000$288,000$480,000$402,000$341,000$376,000$311,000$412,000$380,000$220,000$3,676,000$1,709,000$1,461,000$1,607,000$2,127,000$1,684,000$1,651,000$1,590,000$1,561,000$1,613,000$1,609,000$1,548,000$
Earnings to Common Shareholders78,695,000$82,930,000$82,960,000$89,197,000$101,892,000$100,797,000$93,964,000$94,527,000$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$3,028,000$
QoQ%(5.11%)(.04%)(6.99%)(12.46%)1.09%7.27%(.60%)(16.10%)9.76%4.87%.32%19.18%(27.48%)93.44%52.95%(15.86%)(48.26%)79.79%16.82%(1.41%)(9.73%)21.78%1.61%(9.87%)(.26%)(14.70%)39.22%(26.29%)12.25%11.69%11.58%(12.96%)6.03%14.91%29.91%6.91%(.05%)23.57%32.81%(59.99%)110.29%38.57%76.31%74.13%(42.95%)9.31%110.83%(85.88%)
YoY%(22.77%)(17.73%)(11.71%)(5.64%)(9.56%)(1.80%)(4.00%)(3.12%)37.63%(9.07%)67.72%155.71%80.52%28.79%19.70%(8.57%)7.13%86.92%26.61%10.12%.68%11.24%(22.09%)6.76%(12.69%)(1.74%)28.66%3.12%21.77%15.02%18.34%37.77%69.21%59.51%71.54%75.37%(34.38%)38.06%54.82%105.54%794.60%142.71%91.45%128.93%(81.44%)(52.98%)509.16%259.87%
Earnings Per Share, Basic0.34$0.36$0.36$0.39$0.45$0.45$0.42$0.42$0.50$0.46$0.43$0.43$0.36$0.50$0.26$0.17$0.21$0.43$0.24$0.21$0.22$0.24$0.20$0.20$0.22$0.22$0.26$0.19$0.26$0.23$0.21$0.19$0.22$0.21$0.18$0.14$0.13$0.13$0.11$0.08$0.21$0.10$0.07$0.04$0.02$0.05$0.04$0.02$
Earnings Per Share, Diluted0.34$0.36$0.36$0.39$0.45$0.44$0.41$0.42$0.50$0.45$0.43$0.43$0.36$0.50$0.26$0.17$0.21$0.43$0.24$0.21$0.22$0.24$0.20$0.20$0.22$0.22$0.26$0.19$0.26$0.23$0.21$0.19$0.22$0.21$0.18$0.14$0.13$0.13$0.11$0.08$0.20$0.10$0.07$0.04$0.02$0.05$0.04$0.02$
Unlevered FCF Per Share, Basic0.60$0.74$0.69$0.64$0.72$0.64$0.76$0.67$0.63$0.75$0.72$0.61$0.64$0.72$0.68$0.58$0.50$0.62$0.59$0.49$0.43$0.41$0.56$0.42$0.37$0.43$0.54$0.40$0.37$0.42$0.49$0.36$0.38$0.42$0.44$0.38$0.33$0.43$0.35$0.36$0.32$0.37$0.34$0.26$0.29$0.32$0.28$0.22$
Unlevered FCF Per Share, Diluted0.60$0.73$0.69$0.64$0.72$0.64$0.75$0.66$0.63$0.75$0.72$0.60$0.64$0.72$0.68$0.58$0.50$0.62$0.59$0.49$0.42$0.41$0.55$0.42$0.37$0.43$0.53$0.40$0.37$0.42$0.49$0.36$0.37$0.42$0.44$0.37$0.33$0.43$0.35$0.36$0.31$0.36$0.34$0.26$0.29$0.31$0.28$0.21$
Average Shares, Basic228,717,000228,791,000228,737,000228,663,000227,593,000226,166,000225,886,000225,767,000225,547,000225,467,000225,388,000225,294,000225,066,000225,023,000224,960,000224,663,000212,560,000202,194,000201,414,000199,160,000195,632,000193,745,000193,629,000193,582,000193,649,000192,927,000189,667,000187,253,000186,546,000186,074,000183,718,000182,274,000181,448,000180,304,000180,183,000180,165,000180,083,000179,223,000177,880,000175,798,000173,071,000169,304,000166,683,000165,502,000161,772,000149,758,000144,679,000140,219,000
Average Shares, Diluted228,873,000229,295,000229,303,000229,169,000228,258,000227,149,000226,618,000226,575,000226,296,000226,210,000226,275,000226,183,000225,926,000225,966,000225,895,000225,737,000213,197,000203,797,000202,809,000200,233,000196,777,000194,539,000194,192,000194,264,000193,960,000193,817,000190,543,000187,984,000187,319,000186,916,000184,523,000183,222,000182,052,000181,286,000181,189,000181,265,000181,172,000180,478,000179,221,000177,261,000174,474,000170,901,000168,224,000167,165,000161,673,000152,006,000146,999,000142,774,000
EBIT77,724,000$82,416,000$82,432,000$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$4,576,000$
EBITDA144,815,000$150,362,000$150,141,000$149,122,000$155,668,000$153,146,000$147,266,000$146,605,000$164,733,000$154,088,000$150,722,000$148,271,000$155,502,000$193,014,000$137,640,000$120,823,000$114,792,000$146,440,000$104,505,000$97,125,000$80,716,000$85,488,000$78,825,000$79,155,000$83,573,000$85,976,000$90,541,000$74,228,000$86,735,000$78,541,000$73,797,000$69,765,000$74,713,000$73,680,000$69,574,000$63,325,000$66,281,000$66,918,000$61,831,000$55,211,000$74,805,000$57,364,000$51,959,000$46,417,000$42,131,000$40,213,000$38,480,000$32,691,000$