CUBE— CubeSmart

Real Estate$9.2B mkt cap

Metric	FY2025	FY2024	FY2023	FY2022
Rental income	$956.6M+5.0%	$911.2M-0.1%	$912.0M+3.7%	$879.3M
Total revenues	$1.12B+5.3%	$1.07B+1.5%	$1.05B+4.0%	$1.01B
Property operating expenses	$351.4M+10.6%	$317.8M+7.8%	$294.8M+0.5%	$293.3M
Depreciation and amortization	$258.2M+25.5%	$205.7M+2.2%	$201.2M-35.2%	$310.6M
General and administrative	$64.7M+8.4%	$59.7M+4.6%	$57.0M+4.4%	$54.6M
Total operating expenses	$674.2M+15.6%	$583.1M+5.4%	$553.1M-16.0%	$658.5M
Interest expense on loans	-$114.1M-25.6%	-$90.8M+2.4%	-$93.1M+0.2%	-$93.3M
Loan procurement amortization expense	-$5.0M-22.3%	-$4.1M+1.8%	-$4.1M-6.3%	-$3.9M
Loss on early extinguishment of debt	-$3.7M	—	—	—
Equity in earnings of real estate ventures	$2.5M-1.6%	$2.5M-58.9%	$6.1M-87.6%	$48.9M
Other	$2.7M+135.0%	$1.2M-81.6%	$6.3M+160.7%	-$10.4M
Total other expense	-$117.6M-28.9%	-$91.2M-7.5%	-$84.8M-44.6%	-$58.7M
NET INCOME	$331.3M-15.5%	$391.9M-5.0%	$412.4M+41.0%	$292.5M
Net income attributable to noncontrolling interests in the Operating Partnership	-$1.6M+24.7%	-$2.2M+14.8%	-$2.5M-31.3%	-$1.9M
Net loss attributable to noncontrolling interests in subsidiaries	$4.1M+181.3%	$1.5M+69.7%	$857K+18.7%	$722K
NET INCOME ATTRIBUTABLE TO THE COMPANY	$333.8M-14.7%	$391.2M-4.8%	$410.8M+41.0%	$291.3M
Basic earnings per share attributable to common shareholders (in dollars per share)	$1460.00-15.6%	$1730.00-4.9%	$1820.00+41.1%	$1290.00
Diluted earnings per share attributable to common shareholders (in dollars per share)	$1460.00-15.1%	$1720.00-5.5%	$1820.00+41.1%	$1290.00
Weighted average basic units outstanding (in shares)	228.7M+1.0%	226.4M+0.4%	225.4M+0.2%	224.9M
Weighted average diluted shares outstanding (in shares)	229.2M+0.9%	227.2M+0.4%	226.2M+0.2%	225.9M
Other Property Related Income
Property related income	$126.2M+11.1%	$113.6M+11.6%	$101.8M+5.9%	$96.2M
Property Management Fee Income

Source: SEC EDGAR XBRL. % change vs prior period shown where available.

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Source: SEC EDGAR 10-K and 10-Q filings. Last 4 years annual and quarterly free, full history (up to 20 years) on Pro.