CubeSmart
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.1B | $1.1B | $1.1B | $1.0B | $822.6M |
| Cost of revenue | $351.4M | $317.8M | $294.8M | $293.3M | $252.1M |
| Net income | $331.3M | $391.9M | $412.4M | $292.5M | $230.8M |
| Balance Sheet | |||||
| Cash and equivalents | $5.8M | $71.6M | $6.5M | $6.1M | $11.1M |
| Total assets | $6.6B | $6.4B | $6.2B | $6.3B | $6.5B |
| Total liabilities | $3.9B | $3.4B | $3.3B | $3.4B | $3.5B |
| Stockholders' equity | $2.7B | $2.9B | $2.8B | $2.8B | $2.9B |
| Cash Flow Statement | |||||
| Cash from operations | $608.5M | $631.1M | $611.1M | $591.5M | $449.2M |
| Depreciation and amortization | $263.1M | $209.8M | $205.4M | $314.5M | $232.0M |
| Stock-based compensation | $11.5M | $11.5M | $10.1M | $9.1M | $8.1M |
| Dividends paid | $476.3M | $461.8M | $442.2M | $387.1M | $273.8M |
| Share repurchases | $31.9M | — | — | — | — |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 226.4M · Free float 93.3%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.