CubeSmart's EBIT per Share for the
three
months ended in Dec. 2023 was $0.60.
Its EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $2.23.
During the past 12 months, the average EBIT per Share Growth Rate of CubeSmart was 41.40% per year.
During the past 3 years, the average EBIT per Share Growth Rate was 18.50% per year.
During the past 5 years, the average EBIT per Share Growth Rate was 11.80% per year.
During the past 10 years, the average EBIT per Share Growth Rate was 15.10% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.
The historical rank and industry rank for CubeSmart's EBIT per Share or its related term are showing as below:
CUBE'
s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -41.5 Med: 8.7 Max: 44.6
Current: 18.5
During the past 13 years, the highest 3-Year average EBIT per Share Growth Rate of CubeSmart was 44.60% per year. The lowest was -41.50% per year. And the median was 8.70% per year.
CUBE's 3-Year EBIT Growth Rate is ranked better than 81.25% of 576
companies
in the REITs industry
Industry Median: 3.3
vs CUBE: 18.50
CubeSmart's EBIT for the
three
months ended in Dec. 2023 was $136 Mil.
CubeSmart EBIT per Share Historical Data
The historical data trend for CubeSmart's EBIT per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.23
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
CubeSmart (NYSE:CUBE) EBIT per Share Explanation
EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.
CubeSmart EBIT per Share Related Terms
Thank you for viewing the detailed overview of CubeSmart's EBIT per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
CubeSmart is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United States. The company's real estate portfolio is composed of buildings with numerous enclosed storage areas for both residential and commercial customers to rent mainly on a month-by-month basis. Most of CubeSmart's facilities are located in Florida, Texas, California, New York, and Illinois. Cumulatively, these states account for both the majority of the square footage in the company's real estate portfolio and the majority of its revenue. CubeSmart derives nearly all of its revenue from rental income from tenants utilizing its storage facilities.
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