CUBE FY 2016 Earnings — CubeSmart Revenue & Financial Results | Market Cap Arena

CUBECubeSmart

$9B

FY 2016 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$510M+14.7% YoY

Gross Profit

$344M67.5% margin

Operating Income

$143M28.0% margin

Net Income

$88M17.2% margin

EPS (Diluted)

$0.45

Cash Flow

Operating Cash Flow

$263M

Free Cash Flow

$263M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$1.8B

Stockholders' Equity

$1.7B

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$510M	$445M	+14.7%
Gross Profit	$344M	$291M	+18.1%
Operating Income	$143M	$108M	+32.5%
Net Income	$88M	$78M	+13.1%