Last quarter (Q4 2023), Cubesmart's total revenue was $265.13M, a decrease of -9.83% from the same quarter last year. In Q4, Cubesmart's net income was $112.67M. See Cubesmart’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 1.05B	$ 1.05B	$ 1.01B	$ 83.61M	$ 679.18M	$ 643.91M
Cost of Revenue	$ 294.78M	$ 294.78M	$ 293.26M	$ -252.10M	$ 223.63M	$ 209.74M
Gross Profit	$ 898.21M	$ 755.55M	$ 716.36M	$ 685.27M	$ 455.54M	$ 434.18M
Operating Expense	$ 632.02M	$ 557.20M	$ -365.23M	$ 288.03M	$ 198.00M	$ 202.11M
Operating Income	$ 485.52M	$ 631.47M	$ 351.13M	$ 397.25M	$ 257.55M	$ 232.07M
Net Non Operating Interest Income Expense	$ -3.44M	$ -3.44M	$ -97.18M	$ 4.04M	$ -78.56M	$ -75.34M
Other Income Expense	$ -158.31M	$ -12.37M	$ -38.52M	$ -26.83M	$ -11.37M	$ 14.05M
Pretax Income	$ 550.77M	$ 550.77M	$ 292.47M	$ 345.63M	$ 167.61M	$ 170.77M
Tax Provision	-	-	-	-	-	-
Earnings From Equity Interest Net Of Tax	$ 6.08M	$ 6.08M	$ 48.88M	$ 25.27M	-	-
Net Income Common Stockholders	$ 443.94M	$ 410.76M	$ 291.26M	$ 338.84M	$ 165.62M	$ 169.12M
Basic EPS	$ 2.71	$ 3.64	$ 2.58	$ 1.10	$ 0.85	$ 0.89
Diluted EPS	$ 1.81	$ 1.82	$ 1.29	$ 1.09	$ 0.85	$ 0.88
Basic Average Shares	$ 901.70M	$ 225.42M	$ 224.93M	$ 203.83M	$ 194.15M	$ 190.87M
Diluted Average Shares	$ 904.96M	$ 226.24M	$ 225.88M	$ 205.01M	$ 194.94M	$ 191.58M
Dividend Per Share	$ 1.98	$ 1.98	$ 1.78	$ 0.00	$ 1.33	$ 1.29
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 926.80M	$ 851.98M	$ 662.39M	$ 35.92M	$ 421.63M	$ 411.85M
Net Income From Continuing And Discontinued Operation	$ 411.13M	$ 410.76M	$ 291.26M	$ 338.84M	$ 165.62M	$ 169.12M
Normalized Income	$ 185.76M	$ 435.11M	-	-	$ 173.88M	$ 168.02M
Interest Expense	-	-	-	-	$ 75.89M	$ 75.34M
EBIT	$ 645.97M	$ 645.97M	$ 518.23M	$ 0.00	$ 243.50M	$ 246.12M
EBITDA	$ 638.65M	$ 851.35M	$ 832.74M	$ 0.00	$ 402.75M	$ 412.48M

Currency in USD

Cubesmart Earnings and Revenue History

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