CubeSmart
NYSE:CUBE

Watchlist Manager
CubeSmart Logo
CubeSmart
NYSE:CUBE
Watchlist
Price: 42.73 USD 0.16%
Market Cap: 9.7B USD
Have any thoughts about
CubeSmart?
Write Note

CubeSmart
Pre-Tax Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

CubeSmart
Pre-Tax Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Pre-Tax Income CAGR 3Y CAGR 5Y CAGR 10Y
CubeSmart
NYSE:CUBE
Pre-Tax Income
$403.1m
CAGR 3-Years
21%
CAGR 5-Years
18%
CAGR 10-Years
31%
Public Storage
NYSE:PSA
Pre-Tax Income
$1.9B
CAGR 3-Years
4%
CAGR 5-Years
2%
CAGR 10-Years
6%
American Tower Corp
NYSE:AMT
Pre-Tax Income
$2.6B
CAGR 3-Years
-1%
CAGR 5-Years
10%
CAGR 10-Years
13%
Crown Castle International Corp
NYSE:CCI
Pre-Tax Income
$1.3B
CAGR 3-Years
-2%
CAGR 5-Years
8%
CAGR 10-Years
17%
Digital Realty Trust Inc
NYSE:DLR
Pre-Tax Income
$493.1m
CAGR 3-Years
-14%
CAGR 5-Years
10%
CAGR 10-Years
5%
Equinix Inc
NASDAQ:EQIX
Pre-Tax Income
$1.2B
CAGR 3-Years
32%
CAGR 5-Years
13%
CAGR 10-Years
21%
No Stocks Found

CubeSmart
Glance View

Market Cap
9.7B USD
Industry
Real Estate
Economic Moat
None

Amid the concrete jungle of real estate, CubeSmart has carved out a niche as a sophisticated purveyor of self-storage solutions. Since its founding in 2004, the company has evolved into a prominent player in the self-storage industry, catering to the ever-increasing need for space among individuals and businesses. Strategically headquartered in Malvern, Pennsylvania, CubeSmart operates a network of facilities that offer much more than just storage; they provide peace of mind. Customers range from homeowners in need of extra space during a move or renovation, to businesses requiring storage for excess inventory or files. By emphasizing customer service and convenience, CubeSmart differentiates itself with offerings such as climate-controlled units, 24/7 video surveillance, and flexible leasing options, which collectively form the backbone of its business model. Revenue generation at CubeSmart spins on the axis of long-term and short-term storage rentals, which are further fortified by a suite of ancillary services. The company leases its units on a monthly basis, tapping into both consistent cash flow and the high demand for temporary storage. This model effectively minimizes vacancy risks and optimizes operational efficiencies. In addition, CubeSmart capitalizes on the demand for storage-related products and services, offering moving supplies, insurance options, and truck rentals. Furthermore, its third-party management services allow CubeSmart to operate facilities for other owners, extending its revenue channels without the capital intensity of facility ownership. By balancing its physical footprint with robust customer-centric services, CubeSmart crafts a compelling narrative in the competitive landscape of self-storage, securing a profitable place in an industry driven by the unyielding accumulation of stuff.

CUBE Intrinsic Value
41.27 USD
Overvaluation 3%
Intrinsic Value
Price

See Also

What is CubeSmart's Pre-Tax Income?
Pre-Tax Income
403.1m USD

Based on the financial report for Sep 30, 2024, CubeSmart's Pre-Tax Income amounts to 403.1m USD.

What is CubeSmart's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 10Y
31%

Over the last year, the Pre-Tax Income growth was 6%. The average annual Pre-Tax Income growth rates for CubeSmart have been 21% over the past three years , 18% over the past five years , and 31% over the past ten years .

Back to Top