CubeSmart Net Income from 2010 to 2025

CUBE Stock  USD 41.61  0.46  1.09%   
CubeSmart's Net Income is increasing over the years with slightly volatile fluctuation. Overall, Net Income is expected to go to about 410.7 M this year. During the period from 2010 to 2025 CubeSmart Net Income annual values regression line had coefficient of variation of  101.05 and r-squared of  0.77. View All Fundamentals
 
Net Income  
First Reported
2003-03-31
Previous Quarter
100.8 M
Current Value
101.9 M
Quarterly Volatility
32.5 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 51.9 M, Total Revenue of 1.1 B or Gross Profit of 785.9 M, as well as many indicators such as Price To Sales Ratio of 6.06, Dividend Yield of 0.0476 or PTB Ratio of 2.13. 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 Net Income Growth Pattern

Below is the plot of the Net Income of CubeSmart over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in CubeSmart financial statement analysis. It represents the amount of money remaining after all of CubeSmart operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is CubeSmart's Net 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.
ViewLast Reported 391.88 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

CubeSmart Net Income Regression Statistics

Arithmetic Mean141,098,625
Coefficient Of Variation101.05
Mean Deviation108,782,484
Median89,793,000
Standard Deviation142,573,297
Sample Variance20327.1T
Range411.2M
R-Value0.88
Mean Square Error5037.8T
R-Squared0.77
Slope26,255,424
Total Sum of Squares304907.2T

CubeSmart Net Income History

2025410.7 M
2024391.2 M
2023410.8 M
2022199.2 M
2021130.6 M
202089.8 M
201984.1 M

Other Fundumenentals of CubeSmart

CubeSmart Net Income component correlations

About CubeSmart Financial Statements

CubeSmart stakeholders use historical fundamental indicators, such as CubeSmart's Net 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 ReportedProjected for Next Year
Net Income391.9 M411.5 M
Net Income Applicable To Common Shares335 M351.7 M
Net Income From Continuing Ops391.9 M411.5 M
Net Income Per Share 1.73  1.81 
Net Income Per E B T 0.90  0.57 

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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.
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:
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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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
(0.12)
Dividend Share
2.05
Earnings Share
1.72
Revenue Per Share
4.722
Quarterly Revenue Growth
0.007
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.