CUBE FY 2020 Earnings — CubeSmart Revenue & Financial Results | Market Cap Arena

CUBECubeSmart

$9B

FY 2020 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$679M+3.7% YoY

Gross Profit

$473M69.6% margin

Operating Income

$414M61.0% margin

Net Income

$166M24.4% margin

EPS (Diluted)

$0.85

Cash Flow

Operating Cash Flow

$351M

Free Cash Flow

$351M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$4.8B

Total Liabilities

$2.7B

Stockholders' Equity

$1.8B

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$679M	$655M	+3.7%
Gross Profit	$473M	$457M	+3.5%
Operating Income	$414M	$407M	+1.9%
Net Income	$166M	$169M	-2.1%