CubeSmart (CUBE) Net Income
The trailing-twelve-month (TTM) net income for CubeSmart (CUBE) is $327.47 Million with a year-over-year change of (15.13%). Net income represents the company's bottom line profit after all expenses, taxes, and interest.
CUBE Annual Net Income
CUBE Quarterly Net Income Growth (YoY)
Net Income growth vs the same quarter one year earlier, last 20 quarters.
Net Income (TTM)
$327.47M
$327.47 Million
Year-over-Year Change
(15.13%)
vs. $385.85M a year ago (TTM)
Net Income CAGR
+14.09%
5 Year compound annual growth rate
Net Income CAGR (Compound Annual Growth Rate)
1 Year
(15.13%)
3 Year
(2.26%)
5 Year
+14.09%
10 Year
+15.28%
15 Year
+29.93%
20 Year
+26.57%
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2025 | $333.78M | ($57.40M) | (14.67%) |
| 2024 | $391.18M | ($19.58M) | (4.77%) |
| 2023 | $410.76M | +$119.49M | +41.03% |
| 2022 | $291.26M | +$67.78M | +30.33% |
| 2021 | $223.48M | +$57.86M | +34.94% |
| 2020 | $165.62M | ($3.50M) | (2.07%) |
| 2019 | $169.12M | +$5.23M | +3.19% |
| 2018 | $163.89M | +$29.60M | +22.04% |
| 2017 | $134.29M | +$46.38M | +52.76% |
| 2016 | $87.91M | +$10.19M | +13.12% |
Net Income Growth Summary
TTM Growth
(15.13%)
3-Year Avg Growth
(2.26%)
5-Year Avg Growth
+14.09%
About CubeSmart
CubeSmart functions as an independent real estate investment trust (REIT), overseeing both its administration and management. The company's self-storage facilities deliver secure, convenient, and budget-friendly storage options for both private individuals and commercial entities. According to data from the 2020 Self-Storage Almanac, CubeSmart ranks among the top three owners and operators of self-storage properties nationwide.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- CEO
- Christopher Marr