KPIs & Operating Metrics(New)
Growth Metrics

CubeSmart (CUBE) Gross Profit (2016 - 2025)

CubeSmart (CUBE) has 15 years of Gross Profit data on record, last reported at $189.0 million in Q3 2024.

  • For Q3 2024, Gross Profit fell 0.69% year-over-year to $189.0 million; the TTM value through Sep 2024 reached $759.2 million, up 1.2%, while the annual FY2023 figure was $755.6 million, 5.47% up from the prior year.
  • Gross Profit reached $189.0 million in Q3 2024 per CUBE's latest filing, down from $193.8 million in the prior quarter.
  • Across five years, Gross Profit topped out at $193.8 million in Q4 2023 and bottomed at $108.3 million in Q1 2020.
  • Average Gross Profit over 5 years is $161.2 million, with a median of $171.6 million recorded in 2022.
  • Peak YoY movement for Gross Profit: surged 31.65% in 2022, then decreased 0.69% in 2024.
  • A 5-year view of Gross Profit shows it stood at $123.3 million in 2020, then grew by 28.79% to $158.9 million in 2021, then increased by 18.66% to $188.5 million in 2022, then rose by 2.84% to $193.8 million in 2023, then fell by 2.49% to $189.0 million in 2024.
  • Per Business Quant database, its latest 3 readings for Gross Profit were $189.0 million in Q3 2024, $193.8 million in Q4 2023, and $190.3 million in Q3 2023.