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
Rental income	-	-	-	-	-	-	-	-	552	581	708	879	912	911
Other Property Related Income	-	-	-	-	-	-	-	-	68	71	84	96	102	114
Property Management Fee Income	-	-	-	-	-	-	-	-	24	27	31	34	37	41
Property related income	238	283	318	377	445	510	559	598	644	679	823	1,010	1,050	1,066
Cost of Revenue	99	111	118	133	153	166	182	197	210	224	252	293	295	318
Depreciation and amortization	68	114	112	127	152	162	146	143	164	157	232	311	201	210
General and administrative	25	26	30	28	28	33	35	38	39	41	48	55	57	60
Total operating expenses	192	251	260	295	337	367	363	378	412	422	532	658	553	583
Interest expense on loans	-	-	-	-	-	-	-	-	73	76	78	93	93	91
Loan procurement amortization expense	5	3	2	2	2	3	3	2	3	3	8	4	4	4
Equity in earnings of real estate ventures	-0	-1	-1	-6	-0	-3	-1	-1	11	0	25	49	6	2
Gain (Loss) on Sale of Properties	-	-	-	0	18	-	-	11	2	7	33	-	-	-
Other	-0	0	0	-0	-0	1	1	0	1	-0	-11	-10	6	1
Total other expense	-51	-41	-48	-55	-29	-55	-60	-55	-61	-90	-60	-59	-85	-91
NET INCOME	2	4	42	27	79	88	136	165	171	168	231	292	412	392
Net income attributable to noncontrolling interests in the Operating Partnership	-	-	-	-	1	1	2	2	2	2	8	2	3	2
Net loss attributable to noncontrolling interests in subsidiaries	-	-	-	0	0	-0	-0	-0	-0	0	-1	-1	-1	-1
NET INCOME ATTRIBUTABLE TO THE COMPANY	-2	-4	35	20	72	80	134	164	169	166	223	291	411	391
Earnings Per Share, Basic	-	-	0.26	0.14	0.43	0.45	0.74	0.89	0.89	0.85	1.1	1.29	1.82	1.73
Earnings Per Share, Diluted	-	-	0.26	0.14	0.42	0.45	0.74	0.88	0.88	0.85	1.09	1.29	1.82	1.72