888-969-2592
Kalkine 0
countryflagCA

CubeSmart

Real Estate US CUBE

42.325USD
0.15(0.37%)

Last update at 2025-05-08T16:55:00Z

Day Range

41.7442.44
LowHigh

52 Week Range

33.1747.78
LowHigh

Fundamentals

  • Previous Close 42.17
  • Market Cap10397.53M
  • Volume485784
  • P/E Ratio27.44
  • Dividend Yield4.43%
  • EBITDA698.52M
  • Revenue TTM1050.55M
  • Revenue Per Share TTM4.66
  • Gross Profit TTM 741.94M
  • Diluted EPS TTM1.68

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Analyst Recommendations

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 292.47M 230.81M 167.61M 170.77M 165.49M
Minority interest -1.20900M 7.33M 1.99M 1.65M 1.60M
Net income 199.19M 130.58M 89.79M 84.05M 163.89M
Selling general administrative 54.62M 47.81M 41.42M 38.56M 37.71M
Selling and marketing expenses - - - - -
Gross profit 716.36M 570.46M 455.54M 434.18M 401.08M
Reconciled depreciation 314.51M 232.05M 159.25M 166.37M 145.66M
Ebit 385.76M 296.89M 254.81M 241.79M 217.04M
Ebitda 696.37M 528.94M 411.38M 405.33M 360.39M
Depreciation and amortization 310.61M 232.05M 156.57M 163.55M 143.35M
Non operating income net other - - - - 10.58M
Operating income 385.76M 296.89M 254.81M 241.79M 220.02M
Other operating expenses 658.49M 531.96M 421.63M 411.85M 377.93M
Interest expense 93.28M 78.45M 75.89M 72.53M 62.13M
Tax provision - - - - -
Interest income - - - 64.22M 65.31M
Net interest income -97.18100M -86.61600M -96.58400M -75.34400M -64.44500M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 93.28M 100.24M 77.82M 86.72M 7.60M
Total revenue 1009.62M 822.56M 679.18M 643.91M 597.94M
Total operating expenses 365.23M 279.86M 198.00M 202.11M 181.06M
Cost of revenue 293.26M 252.10M 223.63M 209.74M 196.87M
Total other income expense net -93.28400M -66.07800M -87.20000M -71.01700M 9.92M
Discontinued operations - - - - -
Net income from continuing ops 292.47M 230.81M 167.61M 170.77M 165.49M
Net income applicable to common shares 291.26M 223.48M 165.62M 169.12M 163.89M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 6325.83M 6548.08M 4778.14M 4029.55M 3752.97M
Intangible assets - - - 10.28M 8.14M
Earning assets - - - - -
Other current assets 72.34M 61.78M 11.60M 10.48M 8.60M
Total liab 3428.03M 3549.70M 2687.88M 2160.12M 1980.70M
Total stockholder equity 2826.20M 2871.56M 1832.22M 1799.35M 1709.68M
Deferred long term liab 38.76M 37.14M 29.09M 25.31M 22.59M
Other current liab 112.96M 99.92M 68.30M 64.69M 60.63M
Common stock 2.25M 2.24M 1.97M 1.94M 1.87M
Capital stock 2.25M 2.24M 1.97M 1.94M 1.87M
Retained earnings -1301.03000M -1218.49800M -974.79900M -876.60600M -791.91500M
Other liab 39.84M 38.21M 30.16M 38.29M 24.87M
Good will - - - - -
Other assets 6319.77M 6536.94M 4774.55M 24.79M 14.44M
Cash 6.06M 11.14M 3.59M 54.86M 3.76M
Cash and equivalents - - - - -
Total current liabilities 425.92M 546.95M 374.33M 227.88M 428.66M
Current deferred revenue 38.76M 37.14M 29.09M 25.31M 22.59M
Net debt 3055.86M 3200.45M 2426.68M 1876.91M 1743.33M
Short term debt 60.90M 209.90M 117.80M 0.47M 195.53M
Short long term debt 60.90M 209.90M 117.80M - 195.53M
Short long term debt total 3061.93M 3211.59M 2430.28M 1931.77M 1747.09M
Other stockholder equity 4125.48M 4088.39M 2805.67M 2674.74M 2500.75M
Property plant equipment 6048.00M 6097.67M 4505.81M 3774.49M 3600.97M
Total current assets 12.67M 62.63M 6.23M 58.44M 6.48M
Long term investments 105.99M 119.75M 92.07M 91.12M 95.80M
Net tangible assets 2883.62M 2979.78M 2081.63M 1861.43M 1765.50M
Short term investments - 119.75M - - 5.00M
Net receivables 30.02M 23.56M 18.96M 16.84M 16.26M
Long term debt 2935.27M 2935.89M 2246.88M 1931.77M 1551.57M
Inventory -95.75100M -33.85200M - - -22.14100M
Accounts payable 213.30M 199.99M 159.14M 137.88M 149.91M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 14.18M 18.60M 8.63M 7.99M 6.77M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -0.49100M -0.57000M -0.63200M -0.72900M -1.02900M
Additional paid in capital - - - - -
Common stock total equity 2.25M 2.24M 1.97M 1.94M 1.87M
Preferred stock total equity - - - - -
Retained earnings total equity -1301.03000M -1218.49800M -974.79900M -876.60600M -791.91500M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 6156.49M 268.03M 174.03M 105.50M 3642.55M
Deferred long term asset charges - - - - -
Non current assets total 6313.16M 6485.45M 4771.91M 3971.10M 3746.49M
Capital lease obligations 65.76M 65.80M 65.60M - -
Long term debt total 2935.27M 2935.89M 2246.88M 1931.77M 1551.57M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -48.76700M 38.33M -511.44100M 7.10M 8.71M
Change to liabilities 21.93M 18.79M 15.84M 7.86M 3.00M
Total cashflows from investing activities -48.76700M -1852.66800M -511.44100M -375.66400M -322.25900M
Net borrowings -152.88500M 822.98M 309.87M 190.13M 113.83M
Total cash from financing activities -547.09200M 1410.57M 108.20M 95.86M 15.25M
Change to operating activities 5.03M -5.32400M -7.76000M -4.75700M -4.59500M
Net income 292.47M 230.81M 167.61M 170.77M 165.49M
Change in cash -4.39300M 7.09M -52.21200M 51.96M -2.67600M
Begin period cash flow 13.32M 6.23M 58.44M 6.48M 9.16M
End period cash flow 8.93M 13.32M 6.23M 58.44M 6.48M
Total cash from operating activities 591.47M 449.19M 351.03M 331.77M 304.33M
Issuance of capital stock 4.88M 965.64M 120.73M 196.30M 131.83M
Depreciation 314.51M 240.22M 159.25M 166.37M 145.66M
Other cashflows from investing activities 64.59M -1631.23400M -38.16700M -161.93600M -30.45300M
Dividends paid 387.11M 273.84M 256.25M 243.86M 221.33M
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock -1.40300M 1956.99M -0.68600M -0.42100M -1.46100M
Other cashflows from financing activities 621.92M -36.48000M 851.79M 1502.61M 671.92M
Change to netincome -39.79600M 3.14M 24.98M -5.93600M -4.13900M
Capital expenditures 113.36M 221.43M 473.27M 102.83M 86.00M
Change receivables - - - - -
Cash flows other operating 2.36M -43.78000M -16.64300M -7.29600M -5.67200M
Exchange rate changes - - - - -
Cash and cash equivalents changes -4.39300M 7.09M -52.21200M 51.96M -2.67600M
Change in working capital 25.43M 9.55M 6.16M 1.28M -1.94200M
Stock based compensation 9.08M 8.09M 7.14M 6.69M 5.57M
Other non cash items -50.01900M -1.83500M -0.25900M -0.71800M -0.73500M
Free cash flow 591.47M 449.19M 351.03M 228.94M 218.33M

Peer Comparison

Sector: Real Estate Industry: REIT - Industrial

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
CUBE
CubeSmart		 0.15 0.37% 42.33 27.44 25.32 9.71 3.61 12.54 18.75
PLD
Prologis Inc		 1.32 1.26% 106.36 42.17 52.08 14.75 2.25 18.70 23.08
PSA
Public Storage		 2.55 0.85% 302.45 27.33 27.32 11.54 8.95 14.45 20.02
PLDGP
Prologis Inc		 -0.55 1.01% 54.00 10.93 - 5.05 -
EXR
Extra Space Storage Inc		 1.03 0.70% 148.26 28.98 28.74 14.47 2.23 19.14 26.72

Reports Covered

Stock Research & News

View All

Profile

CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer affordable, easily accessible and, in most locations, climate-controlled storage space for residential and commercial customers. According to the 2023 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States.

CubeSmart

5 Old Lancaster Road, Malvern, PA, United States, 19355

Key Executives

Name Title Year Born
Mr. Christopher P. Marr CEO, Pres & Trustee 1965
Mr. Timothy M. Martin CFO & Treasurer 1971
Mr. Joel D. Keaton Chief Operating Officer 1972
Mr. Jeffrey P. Foster Sr. VP, Chief Legal Officer & Sec. 1970
Mr. Charles W. Place Director, Investor Relations NA
Mr. Daniel Ruble CFA VP of Marketing NA
Mr. Joe Fitzgerald VP of Operations NA
Mr. Carey Parsons VP of Operations NA
Mr. Guy Middlebrooks VP of Third-Party Management NA
Joshua Schutzer Director of Financial Analysis NA

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API.
Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.