CubeSmart (CUBE) Net Income CAGR:-15.13%(TTM)
Net income CAGR uses precomputed financial statement history.
Over longer horizons, CubeSmart's Net Income CAGR averages -2.26% over 3 years and 14.09% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Net income CAGR shows how CubeSmart's bottom-line profitability has grown. This reflects the company's ability to convert revenue into profits after all expenses.
CUBE Net Income CAGR Chart
CubeSmart (CUBE)
CUBE Quarterly Net Income Growth (YoY)
Net Income growth vs the same quarter one year earlier, last 20 quarters.
CUBE Net Income CAGR History
| Year | Start Net Income | End Net Income | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $391.18M | $333.78M | $-57.40M | -14.67% | -14.67% |
| 2024 | $410.76M | $391.18M | $-19.58M | -4.77% | -4.77% |
| 2023 | $291.26M | $410.76M | +$119.49M | +41.03% | +41.03% |
| 2022 | $223.48M | $291.26M | +$67.78M | +30.33% | +30.33% |
| 2021 | $165.62M | $223.48M | +$57.86M | +34.94% | +34.94% |
| 2020 | $169.12M | $165.62M | $-3.50M | -2.07% | -2.07% |
| 2019 | $163.89M | $169.12M | +$5.23M | +3.19% | +3.19% |
| 2018 | $134.29M | $163.89M | +$29.60M | +22.04% | +22.04% |
| 2017 | $87.91M | $134.29M | +$46.38M | +52.76% | +52.76% |
| 2016 | $77.71M | $87.91M | +$10.19M | +13.12% | +13.12% |
| 2015 | $26.38M | $77.71M | +$51.33M | +194.60% | +194.60% |
| 2014 | $41.45M | $26.38M | $-15.07M | -36.36% | -36.36% |
| 2013 | $1.82M | $41.45M | +$39.63M | +2181.12% | +2181.12% |
| 2012 | $-398.00K | $1.82M | +$2.21M | N/A | N/A |
| 2011 | $-7.39M | $-398.00K | +$7.00M | N/A | N/A |
| 2010 | $-937.00K | $-7.39M | $-6.46M | N/A | N/A |
| 2009 | $2.79M | $-937.00K | $-3.73M | -133.56% | N/A |
| 2008 | $-13.08M | $2.79M | +$15.87M | N/A | N/A |
| 2007 | $-8.55M | $-13.08M | $-4.53M | N/A | N/A |
| 2006 | $2.78M | $-8.55M | $-11.33M | -407.92% | N/A |
| 2005 | $-32.35M | $2.78M | +$35.12M | N/A | N/A |
| 2004 | $16.23M | $-32.35M | $-48.58M | -299.28% | N/A |
| 2003 | $9.73M | $16.23M | +$6.50M | +66.81% | +66.81% |
| 2002 | $6.90M | $9.73M | +$2.83M | +41.11% | +41.11% |
| 2001 | $8.25M | $6.90M | $-1.35M | -16.41% | -16.41% |
Quarterly Net Income: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $82.89M | +5.3% | -7.1% |
| Q4 2025 | $78.69M | -5.1% | -22.8% |
| Q3 2025 | $82.93M | -0.0% | -17.7% |
| Q2 2025 | $82.96M | -7.0% | -11.7% |
| Q1 2025 | $89.20M | -12.5% | -5.6% |
| Q4 2024 | $101.89M | +1.1% | -9.6% |
| Q3 2024 | $100.80M | +7.3% | -1.8% |
| Q2 2024 | $93.96M | -0.6% | -4.0% |
| Q1 2024 | $94.53M | -16.1% | -3.1% |
| Q4 2023 | $112.67M | +9.8% | +37.6% |
| Q3 2023 | $102.64M | +4.9% | -9.1% |
| Q2 2023 | $97.88M | +0.3% | +67.7% |
| Q1 2023 | $97.57M | +19.2% | +155.7% |
| Q4 2022 | $81.86M | -27.5% | +80.5% |
| Q3 2022 | $112.89M | +93.4% | +28.8% |
| Q2 2022 | $58.36M | +52.9% | +19.7% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
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