CubeSmart (CubeSmart) Total Operating Expense : $258.28 Mil (TTM As of Dec. 2023)

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What is CubeSmart Total Operating Expense?

CubeSmart's Total Operating Expense for the three months ended in Dec. 2023 was $64.55 Mil. CubeSmart's Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 was $258.28 Mil.

CubeSmart Total Operating Expense Historical Data

The historical data trend for CubeSmart's Total Operating Expense 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.

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CubeSmart Total Operating Expense Chart

CubeSmart Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

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Dec23

Total Operating Expense

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202.11

198.00

279.86

365.23

258.28

CubeSmart Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Operating Expense	Get a 7-Day Free Trial															82.42	65.00	64.68	64.05	64.55

CubeSmart Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.

Total Operating Expense 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 $258.28 Mil.

CubeSmart Total Operating Expense Related Terms

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CubeSmart (CubeSmart) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CubeSmart (NYSE:CUBEPRA.PFD) » Definitions » Total Operating Expense

Comparable Companies

Traded in Other Exchanges

CUBE:USA UK8:Germany

Address

5 Old Lancaster Road, Malvern, PA, USA, 19355

Website

https://www.cubesmart.com

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.