1. United States of America Stocks

  2. •

    Real Estate

  3. •

    REIT - Industrial
CubeSmart

CubeSmart

CUBE
CubeSmartUS flagNew York Stock Exchange
39.10
USD
-0.33
- -
8.90BMarket Cap

Income Statement (USD)

APIChat
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Sales/Revenue/Turnover
211
266
318
377
445
510
559
598
644
679
823
1,010
1,050
1,066
1,123
+ Sales & Services Revenue
211
266
318
377
445
510
559
598
644
679
823
1,010
1,050
1,066
1,123
- Cost of Revenue
88
103
118
133
153
166
182
197
210
224
252
293
295
318
351
+ Cost of Goods & Services
88
103
118
133
153
166
182
197
210
224
252
293
295
318
351
Gross Profit
123
163
200
244
291
344
377
401
434
456
570
716
756
748
772
+ Other Operating Income
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- Operating Expenses
87
136
142
155
180
195
180
181
202
198
280
365
258
265
323
+ Selling, General & Admin
25
26
30
28
28
33
35
38
39
41
48
55
57
60
65
+ Research & Development
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Operating Expense
62
110
112
127
152
162
146
143
164
157
232
311
201
206
258
Operating Income (Loss)
37
27
58
89
111
150
197
220
232
258
291
351
497
483
449
- Non-Operating (Income) Loss
50
40
48
63
32
61
61
55
61
90
60
59
85
91
118
+ Interest Expense, Net
33
40
40
47
44
50
57
62
73
76
78
93
93
91
114
+ Interest Expense
33
40
40
47
44
50
57
62
73
76
78
93
93
91
114
- Interest Income
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Non-Op (Income) Loss
17
- -
7
16
-11
11
4
-8
-11
14
-19
-35
-8
- -
3
Pretax Income
-13
-13
10
26
79
88
136
165
171
168
231
292
412
392
331
- Income Tax Expense (Benefit)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- (Income) Loss from Affiliates
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Income (Loss) from Cont Ops
-13
-13
10
26
79
88
136
165
171
168
231
292
412
392
331
- Net Extraordinary Losses (Gains)
-10
-13
-30
- -
2
1
3
3
3
4
15
2
3
1
-5
+ Discontinued Operations
16
17
32
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Extraord. & Accounting Changes
-26
-30
-62
- -
2
1
3
3
3
4
15
2
3
1
-5
Income (Loss) Incl. MI
-3
- -
41
26
77
87
133
162
167
164
216
290
409
390
336
- Minority Interest
-3
-2
-1
- -
-1
- -
-1
-2
-2
-2
-7
-1
-2
-1
2
Net Income, GAAP
- -
2
41
26
78
88
134
164
169
166
223
291
411
391
334
- Preferred Dividends
1
6
6
6
6
5
- -
- -
- -
- -
- -
- -
- -
- -
- -
- Other Adjustments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income Avail to Common, GAAP
-2
-4
35
20
72
83
134
164
169
166
223
291
411
391
334
EBIT
37
27
58
89
111
150
197
220
232
258
291
351
497
483
449
EBITDA
110
145
175
218
265
314
345
366
398
417
531
666
703
693
712
EBITDA Margin (%)
52.35
54.61
55.08
57.84
59.68
61.55
61.78
61.16
61.88
61.37
64.53
65.93
66.9
64.98
63.4
EBITA
37
27
58
89
111
150
197
220
232
258
291
351
497
483
449
Gross Margin (%)
58.5
61.14
62.87
64.8
65.54
67.48
67.53
67.08
67.43
67.07
69.35
70.95
71.93
70.2
68.71
Operating Margin (%)
17.43
10.09
18.31
23.62
25.01
29.31
35.25
36.8
36.04
37.92
35.33
34.78
47.34
45.31
39.97
Profit Margin (%)
-0.19
0.68
13.02
7
17.48
17.23
24.03
27.41
26.26
24.39
27.17
28.85
39.11
36.69
29.72
Sales per Employee
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.27
0.37
0.48
0.55
0.67
0.87
1.08
1.2
1.28
1.32
1.38
1.72
1.96
2.04
2.08
Depreciation Expense
74
119
117
129
154
164
148
146
166
159
240
315
205
210
263
Basic Weighted Avg Shares
103
125
135
149
169
178
181
185
191
194
204
225
225
226
229
Basic EPS, GAAP
-0.02
-0.03
0.26
0.14
0.43
0.46
0.74
0.89
0.89
0.85
1.1
1.29
1.82
1.73
1.46
Basic EPS from Cont Ops
-0.13
-0.11
0.08
0.18
0.47
0.5
0.75
0.9
0.89
0.86
1.13
1.3
1.83
1.73
1.45
Diluted Weighted Avg Shares
103
125
138
151
170
180
181
185
192
195
205
226
226
227
229
Diluted EPS, GAAP
-0.02
-0.03
0.26
0.14
0.42
0.46
0.74
0.88
0.88
0.85
1.09
1.29
1.82
1.72
1.46
Diluted EPS from Cont Ops
-0.13
-0.11
0.08
0.17
0.46
0.49
0.75
0.89
0.89
0.86
1.13
1.29
1.82
1.73
1.45

Balance Sheet (USD)

APIChat
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
Total Current Assets
27
24
15
14
96
30
38
38
95
51
157
108
114
197
127
+ Cash, Cash Equivalents & STI
9
4
3
3
63
3
5
4
55
4
11
6
7
72
6
+ Cash & Cash Equivalents
9
4
3
3
63
3
5
4
55
4
11
6
7
72
6
+ ST Investments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Accounts & Notes Receiv
4
10
5
4
5
8
13
16
17
19
24
30
33
40
34
+ Accounts Receivable, Net
4
10
5
4
5
4
5
6
6
6
8
8
9
10
10
+ Notes Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
5
5
+ Loans Receivable, Net
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Receivable, Net
- -
- -
- -
- -
- -
3
7
11
10
13
15
22
24
25
19
+ Inventories
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Raw Materials
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Work In Process
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Finished Goods
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inventory Adjustments
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Inventory
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other ST Assets
14
9
7
7
29
19
19
18
24
29
122
72
75
85
87
+ Misc ST Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Prepaid Expenses
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Derivative & Hedging Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Assets Held-for-Sale
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ ST Deferred Tax Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Noncurrent Assets
1,849
2,126
2,343
2,772
3,008
3,445
3,508
3,715
3,934
4,727
6,391
6,217
6,111
6,197
6,517
+ Property, Plant & Equip, Net
1,789
- -
- -
- -
- -
- -
- -
- -
42
55
55
49
50
49
48
+ Property, Plant & Equip
2,107
- -
- -
- -
- -
- -
- -
- -
42
55
55
49
50
49
48
- Accumulated Depreciation
319
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Investments & Receivables
15
- -
156
96
97
99
91
101
96
97
120
106
98
92
74
+ LT Investments
15
- -
156
96
97
99
91
101
96
97
120
106
98
92
74
+ LT Receivables
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other LT Assets
46
2,126
2,187
2,676
2,910
3,346
3,417
3,614
3,796
4,574
6,217
6,062
5,962
6,056
6,394
+ Total Intangible Assets
23
22
9
22
13
8
2
8
10
58
109
1
2
10
8
+ Goodwill
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Intangible Assets
23
22
9
22
13
8
2
8
10
58
109
1
2
10
8
+ LT Deferred Tax Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ LT Derivative & Hedging Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc LT Assets
22
2,105
2,177
2,654
2,898
3,338
3,415
3,606
3,786
4,517
6,108
6,061
5,960
6,045
6,386
Total Assets
1,876
2,150
2,359
2,786
3,104
3,475
3,545
3,753
4,030
4,778
6,548
6,326
6,225
6,394
6,643
+ Payables & Accruals
62
77
78
97
124
143
199
211
203
227
297
326
317
349
351
+ Accounts Payable
51
61
58
69
85
94
143
150
138
159
200
214
201
230
230
+ Accrued Taxes
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Interest & Dividends Payable
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Payables & Accruals
11
16
20
28
39
49
55
61
65
68
97
111
116
120
122
+ ST Debt
- -
45
39
78
- -
43
82
196
- -
118
210
61
18
- -
379
+ ST Borrowings
- -
45
39
78
- -
43
82
196
- -
118
210
61
18
- -
379
+ ST Finance Leases
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other ST Liabilities
10
11
12
15
18
20
22
23
25
29
40
41
38
39
42
+ Deferred Revenue
10
11
12
15
18
20
22
23
25
29
37
39
38
39
42
+ Derivatives & Hedging
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Tax Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc ST Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
3
2
- -
- -
- -
Total Current Liabilities
72
133
129
191
141
207
302
429
228
374
547
427
374
388
772
+ LT Debt
758
979
1,100
1,096
1,252
1,552
1,553
1,552
1,932
2,312
3,002
3,001
2,970
3,052
3,090
+ LT Borrowings
758
979
1,100
1,096
1,252
1,552
1,553
1,552
1,932
2,247
2,936
2,935
2,905
2,987
3,024
+ LT Finance Leases
- -
- -
- -
- -
- -
- -
- -
- -
- -
66
66
66
66
66
66
+ Other LT Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
- -
- -
- -
- -
+ Accrued Liabilities
10
11
12
15
18
20
22
23
25
29
37
- -
- -
- -
- -
+ Pension Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Revenue
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Deferred Tax Liabilities
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Derivatives & Hedging
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Misc LT Liabilities
-9
-11
-12
-15
-17
-20
-21
-22
-25
-28
-36
- -
- -
- -
- -
Total Noncurrent Liabilities
759
979
1,101
1,096
1,252
1,553
1,554
1,552
1,932
2,314
3,003
3,001
2,970
3,052
3,090
Total Liabilities
831
1,112
1,229
1,287
1,393
1,759
1,856
1,981
2,160
2,688
3,550
3,428
3,344
3,440
3,861
+ Preferred Equity and Hybrid Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Share Capital & APIC
1,311
1,420
1,544
1,976
2,233
2,316
2,358
2,503
2,677
2,808
4,091
4,128
4,144
4,288
4,305
+ Common Stock
1
1
1
2
2
2
2
2
2
2
2
2
2
2
2
+ Additional Paid in Capital
1,310
1,418
1,543
1,974
2,231
2,314
2,357
2,501
2,675
2,806
4,088
4,125
4,142
4,286
4,303
- Treasury Stock
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Retained Earnings
-342
-410
-441
-519
-585
-659
-729
-792
-877
-975
-1,218
-1,301
-1,345
-1,416
-1,585
+ Other Equity
-13
-20
-11
-9
-5
-2
- -
-1
-1
-1
-1
- -
- -
- -
- -
Equity Before Minority Interest
956
990
1,092
1,448
1,643
1,655
1,629
1,710
1,799
1,832
2,872
2,826
2,799
2,872
2,719
+ Minority/Non Controlling Interest
89
48
37
51
68
60
61
63
70
258
127
72
82
82
63
Total Equity
1,045
1,038
1,129
1,499
1,711
1,716
1,690
1,772
1,869
2,090
2,998
2,898
2,881
2,954
2,782
Total Liabilities & Equity
1,876
2,150
2,359
2,786
3,104
3,475
3,545
3,753
4,030
4,778
6,548
6,326
6,225
6,394
6,643
Shares Outstanding
122
132
139
164
175
180
182
187
194
197
224
225
225
228
227
Number of Employees
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Capital Leases - Total
- -
- -
- -
- -
- -
- -
- -
- -
- -
66
66
66
66
66
66
Net Debt
749
1,019
1,136
1,171
1,189
1,593
1,630
1,743
1,877
2,361
3,135
2,990
2,916
2,915
3,397
Net Debt to Equity
71.71
98.2
100.55
78.09
69.47
92.84
96.45
98.37
100.4
112.96
104.54
103.19
101.23
98.68
122.1
Tangible Common Equity Ratio
55.15
47.74
47.68
53.44
54.93
49.25
47.63
47.11
46.26
43.06
44.87
45.8
46.26
46.11
41.81
Current Ratio
0.37
0.18
0.12
0.08
0.68
0.15
0.12
0.09
0.42
0.14
0.29
0.25
0.31
0.51
0.16
Cash Conversion Cycle
-178.54
-187.53
-173.94
-169.93
-179.95
-193.36
-235.16
-268.45
-247
-239.11
-256.87
-254.96
-254.49
-244.24
-235.25

Cash Flow Statement (USD)

APIChat
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
+ Net Income
2
4
42
27
79
88
136
165
171
168
231
292
412
392
331
+ Depreciation & Amortization
74
119
117
129
154
164
148
146
166
159
240
315
205
210
263
+ Non-Cash Items
8
-12
-21
6
-15
6
6
-5
-7
18
-31
-41
4
13
17
+ Stock-Based Compensation
3
5
6
2
4
5
6
6
7
7
8
9
10
11
12
+ Deferred Income Taxes
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Asset Impairment Charge
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Non-Cash Adj
4
-17
-27
4
-19
2
1
-10
-13
11
-39
-50
-6
2
5
+ Chg in Non-Cash Work Cap
1
8
5
4
-1
4
2
-2
1
6
10
25
-10
16
-3
+ (Inc) Dec in Accts Receiv
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ (Inc) Dec in Inventories
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ (Inc) Dec in Prepaid Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inc (Dec) in Accts Payable
3
7
5
3
- -
8
11
3
6
14
15
20
- -
24
2
+ Inc (Dec) in Other
-2
2
1
2
- -
-4
-9
-5
-5
-8
-5
5
-10
-8
-5
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Operating Activities
84
118
143
166
217
263
292
304
332
351
449
591
611
631
609
+ Change in Fixed & Intang
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Disp in Fixed & Intang
44
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Disp of Fixed Prod Assets
44
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Disp of Intangible Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Acq of Fixed & Intang
-471
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Acq of Fixed Prod Assets
-471
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Acq of Intangible Assets
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Cash (Repurchase) of Equity
279
102
100
416
232
134
28
130
196
120
965
3
- -
118
-36
+ Increase in Capital Stock
279
102
100
416
234
136
30
132
196
121
966
5
- -
118
- -
+ Decrease in Capital Stock
- -
- -
- -
- -
-2
-2
-2
-1
- -
-1
-1
-1
- -
- -
-36
+ Net Change in LT Investment
-15
- -
- -
- -
-4
- -
- -
- -
- -
- -
- -
- -
- -
-5
- -
+ Dec in LT Investment
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Inc in LT Investment
-15
- -
- -
- -
-4
- -
- -
- -
- -
- -
- -
- -
- -
-5
- -
+ Net Cash From Acq & Div
-15
-81
-157
-3
-8
-12
- -
-19
-128
-7
-1,707
- -
- -
-58
-1
+ Cash from Divestitures
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Cash for Acq of Subs
-15
-81
-157
-3
-8
-12
- -
-19
-128
-7
-1,707
- -
- -
-58
-1
+ Cash for JVs
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
+ Other Investing Activities
16
-191
-125
-520
-362
-547
-150
-303
-247
-504
-145
-49
-94
-110
-570
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Investing Activities
-442
-272
-283
-523
-375
-559
-150
-322
-376
-511
-1,853
-49
-94
-174
-571
+ Dividends Paid
-28
-45
-65
-82
-113
-156
-195
-221
-244
-256
-282
-387
-442
-462
-476
+ Net Cash From Debt
121
158
105
9
86
305
33
104
185
697
840
-300
-118
-50
414
+ Cash From Debt
660
753
884
712
981
1,219
723
680
1,556
1,304
2,857
1,268
1,589
697
1,848
+ Repayments of Debt
-539
-594
-779
-703
-894
-915
-690
-576
-1,370
-607
-2,016
-1,568
-1,707
-747
-1,434
+ Other Financing Activities
-11
-66
-1
13
11
-64
-9
2
-41
-452
-112
137
43
6
-6
+ Net Cash From Disc Ops
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Cash from Financing Activities
361
149
139
356
217
219
-143
15
96
108
1,411
-547
-518
-388
-105
Effect of Foreign Exchange Rates
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Changes in Cash
3
-5
-1
- -
60
-77
-2
-3
52
-52
7
-4
-1
69
-67
EBITDA
110
145
175
218
265
314
345
366
398
417
531
666
703
693
712
EBITDA Margin (%)
52.35
54.61
55.08
57.84
59.68
61.55
61.78
61.16
61.88
61.37
64.53
65.93
66.9
64.98
63.4
Free Cash Flow
-387
118
143
166
217
263
292
304
332
351
449
591
611
631
609
Net Cash Paid for Acquisitions
15
81
157
3
8
12
- -
19
128
7
1,707
- -
- -
58
1
Free Cash Flow to Firm
- -
- -
183
213
261
314
349
366
404
427
528
685
704
722
723
Free Cash Flow to Equity
-222
271
241
169
298
563
325
408
517
1,048
1,290
291
493
581
1,022
Free Cash Flow per Basic Share
-3.76
0.95
1.06
1.11
1.29
1.48
1.62
1.65
1.74
1.81
2.2
2.63
2.71
2.79
2.66
Price/Free Cash Flow
1.97
15.32
15.37
20.05
23.98
18.26
17.98
17.49
18.18
18.67
25.97
15.37
17.16
15.42
13.58
Cash Flow to Net Income
-211.88
65.18
3.45
6.29
2.8
2.99
2.17
1.86
1.96
2.12
2.01
2.03
1.49
1.61
1.82
Capital Expenditures
-471
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -