CubeSmart Cost Of Revenue from 2010 to 2024

CUBE Stock  USD 46.44  0.20  0.43%   
CubeSmart's Cost Of Revenue is increasing over the years with slightly volatile fluctuation. Cost Of Revenue is expected to dwindle to about 148.6 M. During the period from 2010 to 2024 CubeSmart Cost Of Revenue annual values regression line had geometric mean of  160,733,901 and mean square error of 1566.4 T. View All Fundamentals
 
Cost Of Revenue  
First Reported
2003-03-31
Previous Quarter
134.1 M
Current Value
81.9 M
Quarterly Volatility
42.8 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CubeSmart financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CubeSmart's main balance sheet or income statement drivers, such as Interest Expense of 49.9 M, Total Revenue of 1.1 B or Gross Profit of 793.3 M, as well as many indicators such as Price To Sales Ratio of 6.01, Dividend Yield of 0.0474 or PTB Ratio of 2.1. CubeSmart financial statements analysis is a perfect complement when working with CubeSmart Valuation or Volatility modules.
  
Check out the analysis of CubeSmart Correlation against competitors.
For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.

Latest CubeSmart's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of CubeSmart over the last few years. Cost of Revenue is found on CubeSmart income statement and represents the costs associated with goods and services CubeSmart provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is CubeSmart's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CubeSmart's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

CubeSmart Cost Of Revenue Regression Statistics

Arithmetic Mean175,490,256
Geometric Mean160,733,901
Coefficient Of Variation40.19
Mean Deviation56,461,228
Median165,847,000
Standard Deviation70,533,213
Sample Variance4974.9T
Range242.8M
R-Value0.84
Mean Square Error1566.4T
R-Squared0.71
Significance0.000085
Slope13,267,357
Total Sum of Squares69649.1T

CubeSmart Cost Of Revenue History

2024148.6 M
2023294.8 M
2022293.3 M
2021252.1 M
2020223.6 M
2019209.7 M
2018196.9 M

About CubeSmart Financial Statements

CubeSmart stakeholders use historical fundamental indicators, such as CubeSmart's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although CubeSmart investors may analyze each financial statement separately, they are all interrelated. For example, changes in CubeSmart's assets and liabilities are reflected in the revenues and expenses on CubeSmart's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CubeSmart. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue294.8 M148.6 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether CubeSmart is a strong investment it is important to analyze CubeSmart's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CubeSmart's future performance. For an informed investment choice regarding CubeSmart Stock, refer to the following important reports:
Check out the analysis of CubeSmart Correlation against competitors.
For information on how to trade CubeSmart Stock refer to our How to Trade CubeSmart Stock guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Self-Storage REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CubeSmart. If investors know CubeSmart will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CubeSmart listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
2.04
Earnings Share
1.78
Revenue Per Share
4.724
Quarterly Revenue Growth
0.008
The market value of CubeSmart is measured differently than its book value, which is the value of CubeSmart that is recorded on the company's balance sheet. Investors also form their own opinion of CubeSmart's value that differs from its market value or its book value, called intrinsic value, which is CubeSmart's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CubeSmart's market value can be influenced by many factors that don't directly affect CubeSmart's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CubeSmart's value and its price as these two are different measures arrived at by different means. Investors typically determine if CubeSmart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CubeSmart's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.