CubeSmartCUBE

Market cap
$8.3B
P/E ratio
Dec 31,
2011
Dec 31,
2012
Dec 31,
2013
Dec 31,
2014
Dec 31,
2015
Dec 31,
2016
Dec 31,
2017
Dec 31,
2018
Dec 31,
2019
Dec 31,
2020
Dec 31,
2021
Dec 31,
2022
Dec 31,
2023
Dec 31,
2024
Net income2442277988136165171168231292412392
Depreciation, Depletion and Amortization68114112127152162146143164157232311201210
Finance Lease, Non-cash Portion of Interest Expense----------0-0-0-0
Equity in earnings of real estate ventures-0-1-1-6-0-3-1-1110254962
Cash distributed from real estate ventures------------55
Gain on involuntary conversion, net------------5-
Share-based Compensation3562236677891011
Accretion of fair market value adjustment of debt----1111102110
Other assets021-134957109-3107
Accounts payable and accrued expenses3753-081136141520024
Other liabilities-101111102242-0-0
Net cash provided by operating activities84118143166216264293304332351449591611631
Acquisitions of storage properties--18254827636770215118418152892242
Acquisition of controlling interest in consolidated joint ventures, net of cash acquired-81------118-1,679--57
Additions and improvements to storage properties--202025312928385035414044
Development costs--54248114465861035570244830
Investments in real estate ventures----3-0---19-10-7-28-0-0-1
Cash distributed from real estate ventures------------85
Funding of note receivable----4--------5
Proceeds from sale of real estate, net4453124139--1641244430-
Proceeds from involuntary conversion, net------------7-
Net cash used in investing activities-442-272-283-523-375-544-148-322-376-511-1,853-49-94-174
Revolving credit facility257403636713731958628680859429907634794697
Revolving credit facility3003586436738099155905661,159311814783837715
Mortgage loans and notes payable392363630853791012468723332
Loan procurement costs5240421-641340-
Issuance of common shares, net204102100416234136301321961219665-0118
Cash paid upon vesting of restricted shares------21011111
Exercise of stock options024141713244182310
Proceeds from Noncontrolling Interests0-1105110-8010
Distributions paid to noncontrolling interests in subsidiaries53--0--0000700
Distributions paid to common shareholders28405976107149195221244256274387442462
Distributions paid to noncontrolling interests in Operating Partnership11111222238333
Net cash used in financing activities361149139356219221-14315961081,411-547-518-388
Change in cash, cash equivalents and restricted cash--------352-527-4-169
Interest Paid, Net3334435046536367698179929593
Acquisitions of storage properties---------3-1-0
Loans Assumed2210792734267-16941--116
Accretion Of Liability---91731352568102--
Derivative valuation adjustment----------0000
Contributions from noncontrolling interests in subsidiaries--------7133811