CUBE FY 2017 Earnings — CubeSmart Revenue & Financial Results | Market Cap Arena

CUBECubeSmart

$9B

FY 2017 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$559M+9.6% YoY

Gross Profit

$377M67.5% margin

Operating Income

$196M35.0% margin

Net Income

$134M24.0% margin

EPS (Diluted)

$0.74

Cash Flow

Operating Cash Flow

$292M

Free Cash Flow

$292M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$1.9B

Stockholders' Equity

$1.6B

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$559M	$510M	+9.6%
Gross Profit	$377M	$344M	+9.7%
Operating Income	$196M	$143M	+36.9%
Net Income	$134M	$88M	+52.8%