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Sep 30, 2021

CubeSmart Q3 2021 Earnings Report

CubeSmart's Q3 performance was marked by strategic execution, organic growth, and external expansion.

Key Takeaways

CubeSmart demonstrated strong performance with revenue and NOI growth, driven by strategic execution and expansion through acquisitions and development openings.

Experienced management team

Sophisticated Operating Platform

Best-in-Class Portfolio

Investment Grade Balance Sheet

Total Revenue
$213M
Previous year: $173M
+23.2%
EPS
$0.56
Previous year: $0.44
+27.3%
Total Period End Occupancy
94.4%
Previous year: 93.2%
+1.3%
Gross Profit
$148M
Previous year: $115M
+28.7%
Cash and Equivalents
$20.3M
Previous year: $3.9M
+420.9%
Total Assets
$4.84B
Previous year: $4.03B
+20.0%

CubeSmart

CubeSmart