CubeSmart (CUBE)
↓ Download CSV- Sector Finance & Real Estate
- Incorporated MD
- Fiscal year ends Dec 31
In fiscal 2025, CubeSmart reported revenue of $1.12B, up 5.3% from the prior year. The company was profitable, with a net margin of 29.5%. It held $6.64B in total assets against $3.86B in total liabilities.
Key ratios (FY2025)
29.5%
Net margin
12.1%
Return on equity
+5.3%
Revenue growth (YoY)
| Metric (FY) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.12B | $1.07B | $1.05B | $1.01B | $822.56M | $679.18M | $643.91M | $597.94M | $558.94M | — |
| Cost of Revenue | $351.40M | $317.75M | $294.78M | $293.26M | $252.10M | $223.63M | $209.74M | $196.87M | $181.51M | $165.85M |
| Operating Income | — | — | — | — | — | — | — | — | $195.72M | $142.95M |
| Net Income | $331.32M | $391.88M | $412.44M | $292.47M | $230.81M | $167.61M | $170.77M | $165.49M | $135.61M | $88.38M |
| EPS (Diluted) | $1.46 | $1.72 | $1.82 | $1.29 | $1.09 | $0.85 | $0.88 | $0.88 | $0.74 | $0.45 |
| Total Assets | $6.64B | $6.39B | $6.23B | $6.33B | $6.55B | $4.78B | $4.03B | $3.75B | $3.55B | $3.48B |
| Total Liabilities | $3.86B | $3.44B | $3.34B | $3.43B | $3.55B | $2.69B | $2.16B | $1.98B | $1.86B | $1.76B |
| Shareholders' Equity | $2.75B | $2.90B | $2.82B | $2.84B | $2.89B | $1.84B | $1.81B | $1.72B | $1.64B | $1.66B |
| Cash & Equivalents | $5.78M | $71.56M | $6.53M | $6.06M | $11.14M | $3.59M | $54.86M | $3.76M | $5.27M | $2.97M |
| Operating Cash Flow | $608.51M | $631.07M | $611.14M | $591.47M | $449.19M | $351.03M | $331.77M | $304.33M | $291.91M | $263.27M |
| Capital Expenditures | — | — | — | — | — | — | $118.30M | $227.52M | $80.65M | — |
| Shares Outstanding | 229.16M | 227.15M | 226.24M | 225.88M | 205.01M | 194.94M | 191.58M | 185.50M | 181.45M | 179.53M |
| Dividends Per Share | $2.09 | $2.05 | $1.98 | $1.78 | $1.45 | $1.33 | $1.29 | $1.22 | $1.11 | $0.90 |