CubeSmart's revenue for the
three
months ended in Dec. 2023 was $265 Mil.
Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,050 Mil.
CubeSmart's Revenue per Share for the
three
months ended in Dec. 2023 was $1.17.
Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $4.64.
Warning Sign:
CubeSmart revenue growth has slowed down over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of CubeSmart was 3.90% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 10.00% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 8.40% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 7.20% 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 other companies' revenue growth rate using Revenue per Share data.
During the past 13 years, CubeSmart's highest 3-Year average Revenue per Share Growth Rate was 15.90% per year. The lowest was -18.40% per year. And the median was 7.10% per year.
CubeSmart Revenue Historical Data
The historical data trend for CubeSmart's Revenue 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.
For the REIT - Industrial subindustry, CubeSmart's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CubeSmart's Revenue Distribution in the REITs Industry
For the REITs industry and Real Estate sector, CubeSmart's Revenue distribution charts can be found below:
* The bar in red indicates where CubeSmart's Revenue falls into.
CubeSmart Revenue Calculation
Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.
Revenue 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 $1,050 Mil.
* 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) Revenue Explanation
In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.
Peter Lynch categorized companies according to their revenue growth:
His favorite companies are stalwart, those growing between 10-20% a year.
Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.
Be Aware
Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.
CubeSmart Revenue Related Terms
Thank you for viewing the detailed overview of CubeSmart's Revenue 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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