CUBE FY 2019 Earnings — CubeSmart Revenue & Financial Results | Market Cap Arena

CUBECubeSmart

$9B

FY 2019 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$655M+9.5% YoY

Gross Profit

$457M69.7% margin

Operating Income

$407M62.1% margin

Net Income

$169M25.8% margin

EPS (Diluted)

$0.44

Cash Flow

Operating Cash Flow

$332M

Free Cash Flow

$332M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$2.2B

Stockholders' Equity

$1.8B

Cash & Equivalents

$55M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$655M	$598M	+9.5%
Gross Profit	$457M	$401M	+13.9%
Operating Income	$407M	$220M	+84.9%
Net Income	$169M	$164M	+3.2%