CubeSmart financials at a glance
| Year | Year | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rev. | Revenue |
|
$91.87M | $145.58M | $200.65M | $207.97M | $217.33M | $203.62M | $199.69M | $210.72M | $265.58M | $317.24M | $370.71M | $444.11M | $507.38M | $557.56M | $597.08M | $655.04M | $679.36M | $824.94M | $1.01B | $1.05B | $0.00M |
| GM % | Gross Margin % |
|
56.87% | 62.33% | 59.32% | 57.36% | 57.42% | 56.59% | 56.66% | 56.63% | 59.87% | 65.13% | 66.28% | 67.45% | 69.17% | 68.95% | 68.75% | 69.74% | 69.57% | 71.99% | 73.26% | 74.38% | 0.00% |
| OM | Operating Margin |
|
27.93% | 22.49% | 17.11% | 16.11% | 13.79% | 12.61% | 14.46% | 15.50% | 8.68% | 18.01% | 22.33% | 24.94% | 28.94% | 34.85% | 36.70% | 37.13% | 37.94% | 35.51% | 34.98% | 47.57% | 0.00% |
| EPS | Earnings Per Share |
|
$1.11 | $0.89 | $0.84 | $0.96 | $0.73 | $0.50 | $0.62 | $0.72 | $0.90 | $1.05 | $1.24 | $1.44 | $1.58 | $1.64 | $1.68 | $1.68 | $2.10 | $2.51 | |||
| Div. | Dividends |
|
$0.20 | $1.13 | $1.16 | $1.05 | $0.57 | $0.10 | $0.15 | $0.29 | $0.35 | $0.46 | $0.55 | $0.69 | $0.90 | $1.11 | $1.22 | $1.29 | $1.33 | $1.45 | $1.78 | $1.98 | $0.00 |
| PR % | Payout Ratio % |
|
19.42% | 101.80% | 130.34% | 125.00% | 59.38% | 13.70% | 30.00% | 46.77% | 48.61% | 51.11% | 52.38% | 55.65% | 62.50% | 70.25% | 74.39% | 76.79% | 79.17% | 69.05% | 70.92% | 0 | 0 |
| Sha. | Shares |
|
37.35m | 57.01m | 57.34m | 57.7m | 57.83m | 92.85m | 95.89m | 122.57m | 129.31m | 139.12m | 162.87m | 172.53m | 180.04m | 180.88m | 186.31m | 193.56m | 195.27m | 218.81m | 224.57m | 0m | 224.86m |
| OCF | Operating Cash Flow |
|
$34.94M | $46.11M | $64.57M | $62.70M | $67.01M | $62.21M | $71.52M | $84.33M | $118.43M | $142.86M | $166.03M | $217.27M | $263.27M | $291.91M | $304.34M | $331.77M | $351.03M | $449.19M | $591.47M | $611.14M | $0.00M |
| FCF | Free Cash Flow |
|
$0.00M | $0.00M | $0.00M | $0.00M | $0.00M | $0.00M | $0.00M | $-342.40M | $0.00M | $50.51M | $0.00M | $92.30M | $76.72M | $291.91M | $0.00M | $0.00M | $0.00M | $0.00M | $563.21M | $126.95M | $0.00M |
| FCFS | Free Cash Flow Per Share |
|
$0.93 | $1.09 | $1.13 | $1.09 | $1.16 | $0.88 | $0.76 | $0.82 | $0.90 | $1.01 | $1.07 | $1.25 | $1.44 | $1.62 | $1.65 | $1.74 | $1.81 | $2.20 | $2.63 | $2.71 | $0.00 |