CubeSmart Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2002
Revenue	1,050	1,010	822.56	679.18	643.92	Upgrade
Revenue Growth (YoY)	4.03%	22.74%	21.11%	5.48%	7.69%	Upgrade
Cost of Revenue	294.78	293.26	252.1	223.63	209.74	Upgrade
Gross Profit	755.55	716.36	570.46	455.54	434.18	Upgrade
Selling, General & Admin	57.04	54.62	47.81	41.42	38.56	Upgrade
Other Operating Expenses	201.24	310.61	232.05	156.57	163.55	Upgrade
Operating Expenses	258.28	365.23	279.86	198	202.11	Upgrade
Operating Income	497.28	351.13	290.6	257.55	232.07	Upgrade
Interest Expense / Income	93.07	93.28	78.45	75.89	72.53	Upgrade
Other Expense / Income	-6.55	-33.42	-11.33	16.04	-9.57	Upgrade
Pretax Income	410.76	291.26	223.48	165.62	169.12	Upgrade
Net Income	410.76	291.26	223.48	165.62	169.12	Upgrade
Net Income Growth	41.03%	30.33%	34.94%	-2.07%	3.19%	Upgrade
Shares Outstanding (Basic)	225	225	204	194	191	Upgrade
Shares Outstanding (Diluted)	226	226	205	195	192	Upgrade
Shares Change	0.16%	10.18%	5.16%	1.76%	3.28%	Upgrade
EPS (Basic)	1.82	1.29	1.10	0.85	0.89	Upgrade
EPS (Diluted)	1.82	1.29	1.09	0.85	0.88	Upgrade
EPS Growth	41.09%	18.35%	28.24%	-3.41%	0%	Upgrade
Free Cash Flow	501.57	480.06	237.17	-159.63	77.23	Upgrade
Free Cash Flow Per Share	2.23	2.13	1.16	-0.82	0.41	Upgrade
Dividend Per Share	1.980	1.780	1.450	1.330	1.290	Upgrade
Dividend Growth	11.24%	22.76%	9.02%	3.10%	5.74%	Upgrade
Gross Margin	71.93%	70.95%	69.35%	67.07%	67.43%	Upgrade
Operating Margin	47.34%	34.78%	35.33%	37.92%	36.04%	Upgrade
Profit Margin	39.11%	28.85%	27.17%	24.39%	26.26%	Upgrade
Free Cash Flow Margin	47.75%	47.55%	28.83%	-23.50%	11.99%	Upgrade
EBITDA	709.2	699.05	542.15	400.76	408.01	Upgrade
EBITDA Margin	67.52%	69.24%	65.91%	59.01%	63.36%	Upgrade
Depreciation & Amortization	205.38	314.51	240.22	159.25	166.37	Upgrade
EBIT	503.82	384.55	301.93	241.51	241.64	Upgrade
EBIT Margin	47.97%	38.09%	36.71%	35.56%	37.53%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).