CubeSmart Operating Income from 2010 to 2024

CUBE Stock

USD 50.14 0.22 0.44%

CubeSmart's Operating Income is increasing over the years with slightly volatile fluctuation. Overall, Operating Income is expected to go to about 738.3 M this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit CubeSmart generates from its operations. View All Fundamentals

Operating Income

First Reported

2003-03-31

Previous Quarter

117.5 M

Current Value

175.2 M

Quarterly Volatility

38.3 M

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check CubeSmart financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CubeSmart's main balance sheet or income statement drivers, such as Interest Expense of 49.9 M, Total Revenue of 1.1 B or Gross Profit of 793.3 M, as well as many indicators such as Price To Sales Ratio of 6.01, Dividend Yield of 0.0474 or PTB Ratio of 2.1. CubeSmart financial statements analysis is a perfect complement when working with CubeSmart Valuation or Volatility modules.

Check out the analysis of CubeSmart Correlation against competitors.

For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.

Latest CubeSmart's Operating Income Growth Pattern

Below is the plot of the Operating Income of CubeSmart over the last few years. Operating Income is the amount of profit realized from CubeSmart operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of CubeSmart is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. CubeSmart's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CubeSmart's overall financial position and show how it may be relating to other accounts over time.

Operating Income

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Operating Income

Timeline

CubeSmart Operating Income Regression Statistics

	Arithmetic Mean	234,981,470
	Geometric Mean	147,423,385
	Coefficient Of Variation	95.42
	Mean Deviation	161,434,031
	Median	195,715,000
	Standard Deviation	224,224,472
	Sample Variance	50276.6T
	Range	718.4M
	R-Value	0.89
	Mean Square Error	10799.3T
	R-Squared	0.80
	Slope	44,860,176
	Total Sum of Squares	703872.6T

CubeSmart Operating Income History

	2024	738.3 M
	2023	703.1 M
	2022	385.8 M
	2021	296.9 M
	2020	254.8 M
	2019	241.8 M
	2018	220 M

Other Fundumenentals of CubeSmart

Non Operating Income Net Other

CubeSmart Operating Income component correlations

	Total Assets	Total Stockholder Equity	Total Liab	Net Debt	Accounts Payable	Long Term Debt	Short Term Investments	Total Current Assets	Retained Earnings	Common Stock	Current Deferred Revenue	Short Term Debt	Intangible Assets	Net Receivables	Deferred Long Term Liab	Property Plant Equipment	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	1.0	0.99	0.45	0.9	0.85	0.56	-0.99	0.82	0.89	0.02	0.29	0.62	0.91	0.91	0.9	0.89	0.9	-0.63	0.09	0.88	-0.39	0.88
Total Stockholder Equity	0.99		0.98	0.97	0.47	0.87	0.81	0.61	-0.98	0.83	0.86	0.0	0.24	0.57	0.89	0.89	0.89	0.85	0.89	-0.65	0.03	0.86	-0.36	0.87
Total Liab	1.0	0.98		1.0	0.44	0.9	0.87	0.54	-0.99	0.8	0.89	0.04	0.3	0.66	0.91	0.91	0.9	0.9	0.9	-0.6	0.12	0.89	-0.4	0.89
Net Debt	0.99	0.97	1.0		0.43	0.9	0.87	0.53	-0.99	0.79	0.9	0.02	0.32	0.67	0.91	0.91	0.9	0.9	0.9	-0.59	0.13	0.9	-0.41	0.9
Accounts Payable	0.45	0.47	0.44	0.43		0.58	0.18	-0.14	-0.44	0.64	0.56	0.25	0.28	0.25	0.51	0.51	0.46	0.42	0.46	-0.3	0.51	0.37	-0.37	0.24
Long Term Debt	0.9	0.87	0.9	0.9	0.58		0.77	0.34	-0.91	0.91	0.98	0.11	0.38	0.68	0.97	0.97	0.94	0.95	0.94	-0.51	0.22	0.84	-0.38	0.73
Short Term Investments	0.85	0.81	0.87	0.87	0.18	0.77		0.62	-0.86	0.58	0.79	0.28	0.27	0.73	0.76	0.74	0.79	0.84	0.8	-0.46	0.02	0.85	-0.11	0.86
Total Current Assets	0.56	0.61	0.54	0.53	-0.14	0.34	0.62		-0.56	0.3	0.36	0.09	-0.01	0.32	0.43	0.43	0.51	0.46	0.51	-0.38	-0.37	0.52	0.1	0.64
Retained Earnings	-0.99	-0.98	-0.99	-0.99	-0.44	-0.91	-0.86	-0.56		-0.83	-0.9	-0.07	-0.22	-0.67	-0.93	-0.92	-0.91	-0.91	-0.91	0.65	-0.07	-0.87	0.34	-0.87
Common Stock	0.82	0.83	0.8	0.79	0.64	0.91	0.58	0.3	-0.83		0.85	0.13	0.3	0.38	0.9	0.9	0.81	0.77	0.8	-0.67	0.2	0.6	-0.29	0.51
Current Deferred Revenue	0.89	0.86	0.89	0.9	0.56	0.98	0.79	0.36	-0.9	0.85		0.12	0.32	0.78	0.97	0.96	0.97	0.98	0.97	-0.55	0.22	0.87	-0.4	0.76
Short Term Debt	0.02	0.0	0.04	0.02	0.25	0.11	0.28	0.09	-0.07	0.13	0.12		-0.01	0.08	0.1	0.06	0.02	0.07	0.04	-0.21	0.29	-0.06	0.55	-0.09
Intangible Assets	0.29	0.24	0.3	0.32	0.28	0.38	0.27	-0.01	-0.22	0.3	0.32	-0.01		0.11	0.25	0.28	0.29	0.3	0.25	0.06	0.63	0.36	-0.56	0.22
Net Receivables	0.62	0.57	0.66	0.67	0.25	0.68	0.73	0.32	-0.67	0.38	0.78	0.08	0.11		0.68	0.66	0.78	0.84	0.8	-0.18	0.16	0.83	-0.31	0.76
Deferred Long Term Liab	0.91	0.89	0.91	0.91	0.51	0.97	0.76	0.43	-0.93	0.9	0.97	0.1	0.25	0.68		1.0	0.96	0.94	0.96	-0.63	0.14	0.82	-0.34	0.74
Property Plant Equipment	0.91	0.89	0.91	0.91	0.51	0.97	0.74	0.43	-0.92	0.9	0.96	0.06	0.28	0.66	1.0		0.95	0.93	0.95	-0.61	0.14	0.82	-0.37	0.74
Net Tangible Assets	0.9	0.89	0.9	0.9	0.46	0.94	0.79	0.51	-0.91	0.81	0.97	0.02	0.29	0.78	0.96	0.95		0.98	1.0	-0.54	0.1	0.91	-0.4	0.84
Long Term Debt Total	0.89	0.85	0.9	0.9	0.42	0.95	0.84	0.46	-0.91	0.77	0.98	0.07	0.3	0.84	0.94	0.93	0.98		0.98	-0.46	0.13	0.92	-0.36	0.84
Capital Surpluse	0.9	0.89	0.9	0.9	0.46	0.94	0.8	0.51	-0.91	0.8	0.97	0.04	0.25	0.8	0.96	0.95	1.0	0.98		-0.52	0.1	0.91	-0.37	0.84
Long Term Investments	-0.63	-0.65	-0.6	-0.59	-0.3	-0.51	-0.46	-0.38	0.65	-0.67	-0.55	-0.21	0.06	-0.18	-0.63	-0.61	-0.54	-0.46	-0.52		0.05	-0.29	0.02	-0.32
Short Long Term Debt	0.09	0.03	0.12	0.13	0.51	0.22	0.02	-0.37	-0.07	0.2	0.22	0.29	0.63	0.16	0.14	0.14	0.1	0.13	0.1	0.05		0.1	-0.53	-0.05
Net Invested Capital	0.88	0.86	0.89	0.9	0.37	0.84	0.85	0.52	-0.87	0.6	0.87	-0.06	0.36	0.83	0.82	0.82	0.91	0.92	0.91	-0.29	0.1		-0.46	0.97
Net Working Capital	-0.39	-0.36	-0.4	-0.41	-0.37	-0.38	-0.11	0.1	0.34	-0.29	-0.4	0.55	-0.56	-0.31	-0.34	-0.37	-0.4	-0.36	-0.37	0.02	-0.53	-0.46		-0.36
Capital Stock	0.88	0.87	0.89	0.9	0.24	0.73	0.86	0.64	-0.87	0.51	0.76	-0.09	0.22	0.76	0.74	0.74	0.84	0.84	0.84	-0.32	-0.05	0.97	-0.36

Click cells to compare fundamentals

About CubeSmart Financial Statements

CubeSmart stakeholders use historical fundamental indicators, such as CubeSmart's Operating Income, to determine how well the company is positioned to perform in the future. Although CubeSmart investors may analyze each financial statement separately, they are all interrelated. For example, changes in CubeSmart's assets and liabilities are reflected in the revenues and expenses on CubeSmart's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CubeSmart. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Operating Income	703.1 M	738.3 M
Non Operating Income Net Other	12.2 M	12.8 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

ESRT	Empire State Realty
C	Citigroup
C	Citigroup

When determining whether CubeSmart is a strong investment it is important to analyze CubeSmart's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CubeSmart's future performance. For an informed investment choice regarding CubeSmart Stock, refer to the following important reports:

How To Invest In CubeSmart

Details

Is CubeSmart Stock a good investment?

Details

What is CubeSmart's Net Worth?

Details

Largest Self-Storage REITs Companies

View

Largest Equity Real Estate Investment Trusts (REITs) Companies

View

Check out the analysis of CubeSmart Correlation against competitors.

For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.

You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Is Self-Storage REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CubeSmart. If investors know CubeSmart will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CubeSmart listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.02)

Dividend Share

2.04

Earnings Share

1.78

Revenue Per Share

4.724

Quarterly Revenue Growth

0.008

The market value of CubeSmart is measured differently than its book value, which is the value of CubeSmart that is recorded on the company's balance sheet. Investors also form their own opinion of CubeSmart's value that differs from its market value or its book value, called intrinsic value, which is CubeSmart's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CubeSmart's market value can be influenced by many factors that don't directly affect CubeSmart's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between CubeSmart's value and its price as these two are different measures arrived at by different means. Investors typically determine if CubeSmart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CubeSmart's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

CubeSmart Operating Income from 2010 to 2024

Latest CubeSmart's Operating Income Growth Pattern

CubeSmart Operating Income Regression Statistics

CubeSmart Operating Income History

Other Fundumenentals of CubeSmart

CubeSmart Operating Income component correlations

About CubeSmart Financial Statements

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY