CubeSmart

With more personalized storage solutions and more than 600 convenient locations nationwide, our customers can expect to get more out of self storage than they put in. Same space. Same price. More services. Now that's smart. CubeSmart has the best-trained managers in the industry who are committed to delivering top-notch, unparalleled service. We’ve elevated ourselves through our first-in-industry WOW! Department. Focused on delivering a better storage experience than our Customers could have imagined, WOW! is the next step in the evolution of customer service.
Company Growth (employees)
Type
Public
HQ
Malvern, US
Founded
2004
Size (employees)
2,136 (est)+17%
CubeSmart was founded in 2004 and is headquartered in Malvern, US

CubeSmart Office Locations

CubeSmart has an office in Malvern
Malvern, US (HQ)
5 Old Lancaster Rd

CubeSmart Data and Metrics

CubeSmart Financial Metrics

CubeSmart's revenue was reported to be $510 m in FY, 2016 which is a 15% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

510 m

Revenue growth (FY, 2015 - FY, 2016), %

15%

Net income (FY, 2016)

88.4 m

Cash (31-Dec-2016)

3 m
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

318.4 m377 m444.5 m510 m

Revenue growth, %

18%18%15%

Gross profit

200.2 m244.3 m291.3 m

Gross profit Margin, %

63%65%66%

Operating expense total

141.9 m162.7 m183.5 m90.8 m

EBIT

59.4 m87.8 m108.3 m

EBIT margin, %

19%23%24%

Net Income

42 m26.7 m78.8 m88.4 m
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

3.2 m2.9 m62.9 m3 m

Accounts Receivable

Inventories

Total Assets

2.4 b2.8 b3.1 b3.5 b

Accounts Payable

Additional Paid-in Capital

1.5 b2 b2.2 b2.3 b

Retained Earnings

(440.8 m)(519.2 m)(584.7 m)(658.6 m)

Total Equity

1.1 b1.4 b1.6 b1.7 b

Financial Leverage

2.2 x1.9 x1.9 x2.1 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

42 m26.7 m78.8 m88.4 m

Depreciation and Amortization

117.1 m129 m154.1 m164.4 m

Accounts Receivable

Inventories

Accounts Payable

4.6 m2.7 m(438 k)7.9 m

Cash From Operating Activities

142.9 m166 m215.7 m263.5 m

Cash From Investing Activities

(282.9 m)(522.7 m)(374.6 m)(544.5 m)

Cash From Financing Activities

138.7 m356.4 m218.9 m221 m
Y, 2016

Financial Leverage

2.1 x

CubeSmart Online and Social Media Presence

CubeSmart Company Life and Culture

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