CubeSmart (CUBE)
CubeSmart functions as an independent real estate investment trust (REIT), overseeing both its administration and management. The company's self-storage facilities deliver secure, convenient, and budget-friendly storage options for both private individuals and commercial entities. According to data from the 2020 Self-Storage Almanac, CubeSmart ranks among the top three owners and operators of self-storage properties nationwide.
Sector: Real Estate Investment Trusts
Industry: REIT - Industrial
CubeSmart
NYSE:CUBEReal Estate · REIT - Industrial
-0.05%$40.14
AH Close$40.14+0.00%vs close
AH Close$40.14+0.00%vs close
Mkt Cap$9.04B
Float223.25M
O/S225.16M
Inst Own-
SI3.8%
Div Yield5.28%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.12B
Net Income$333.78M
Total Assets$6.64B
Free Cash Flow$566.89M
Debt & Equity
Debt 57%
Equity 43%
Total Debt$3.53B
Total Equity$2.72B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in CUBE's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$6.64B
Liabilities$3.86B
Accounts Receivable$33.85M
Accounts Payable$0
Inventory$0
PP&E (Net)$48.42M
Goodwill$0
Intangible Assets$7.79M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 |
| Revenue | $1.12B | $1.07B | $1.05B | $1.01B | $822.56M | $679.36M | $655.04M | $597.94M | $558.94M | $510.04M | $444.52M | $376.96M | $318.39M | $283.08M | $237.6M | $216.83M | $217.29M | $236.4M | $229.17M | $213.11M | $148.12M | $91.61M | $80.83M | $76.58M | $62.28M | $53.09M |
| YoY Growth | 5.3% | 1.5% | 4.0% | 22.7% | 21.1% | 3.7% | 9.5% | 7.0% | 9.6% | 14.7% | 17.9% | 18.4% | 12.5% | 19.1% | 9.6% | -0.2% | -8.1% | 3.2% | 7.5% | 43.9% | 61.7% | 13.3% | 5.5% | 23.0% | 17.3% | - |
| Cost of Revenue | $867.71M | $317.75M | $294.78M | $293.26M | $252.1M | $206.73M | $198.24M | $196.87M | $181.51M | $165.85M | $153.17M | $132.7M | $118.22M | $110.82M | $99.16M | $93.7M | $93.94M | $99.18M | $59K | $69K | $43K | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $255.4M | $748.48M | $755.55M | $716.36M | $570.46M | $472.62M | $456.8M | $401.08M | $377.44M | $344.19M | $291.35M | $244.26M | $200.17M | $172.25M | $138.44M | $123.13M | $123.34M | $137.22M | $229.11M | $213.04M | $148.08M | $91.61M | $80.83M | $76.58M | $62.28M | $53.09M |
| Gross Margin | 22.7% | 70.2% | 71.9% | 71.0% | 69.4% | 69.6% | 69.7% | 67.1% | 67.5% | 67.5% | 65.5% | 64.8% | 62.9% | 60.9% | 58.3% | 56.8% | 56.8% | 58.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $64.66M | $85.66M | $57.04M | $77.02M | $68.81M | $58.32M | $50.06M | $48.01M | $44.45M | $42.22M | $36.97M | $36.12M | $37.16M | $26.13M | $24.69M | $25.41M | $22.57M | $24.96M | $21.97M | $22.29M | $18.52M | $4.25M | $4.36M | $0 | $0 | $0 |
| Other | -$258.15M | $179.7M | $201.24M | $288.21M | $211.05M | $0 | $0 | $206K | $872K | $1.06M | -$228K | -$405K | $8K | $256K | $68.22M | $62.95M | $70.83M | $122.82M | $168.71M | $149.74M | $94.85M | $61.68M | $47.59M | $49.86M | $38.5M | $33.2M |
| Total Operating Expenses | -$193.5M | $265.37M | $258.28M | $365.23M | $279.86M | $58.32M | $50.06M | $181.06M | $180.43M | $194.69M | $180.16M | $155.24M | $141.88M | $140M | $92.92M | $88.35M | $93.4M | $50.53M | $190.67M | $172.03M | $113.37M | $65.94M | $51.95M | $49.86M | $38.5M | $33.2M |
| Operating Income (EBIT) | $448.9M | $483.12M | $497.27M | $351.13M | $290.6M | $414.3M | $406.74M | $220.02M | $195.72M | $142.95M | $107.89M | $81.54M | $58.3M | $32.25M | $45.53M | $34.78M | $29.94M | $34.67M | $38.49M | $39.17M | $34.66M | $25.67M | $28.88M | $26.73M | $23.77M | $19.89M |
| Operating Margin | 40.0% | 45.3% | 47.3% | 34.8% | 35.3% | 61.0% | 62.1% | 36.8% | 35.0% | 28.0% | 24.3% | 21.6% | 18.3% | 11.4% | 19.2% | 16.0% | 13.8% | 14.7% | 16.8% | 18.4% | 23.4% | 28.0% | 35.7% | 34.9% | 38.2% | 37.5% |
| Interest Expense | $114.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$117.58M | -$91.23M | -$84.84M | -$58.66M | -$59.79M | -$246.69M | -$235.97M | -$54.53M | -$60.1M | -$54.58M | -$29.13M | -$55.18M | -$44.04M | -$32.08M | -$41.82M | -$39.48M | -$30.88M | -$31.88M | -$55.36M | -$47M | -$30.17M | -$25.66M | $0 | -$26.73M | -$23.77M | -$19.89M |
| Income Before Tax (EBT) | $331.32M | $391.88M | $412.44M | $292.47M | $230.81M | $167.61M | $170.77M | $165.49M | $135.61M | $88.38M | $78.76M | $26.37M | $10.41M | -$8.3M | -$5.05M | -$9.85M | -$937K | $2.79M | -$13.08M | -$8.55M | $2.57M | $12.73M | $0 | $0 | $0 | $0 |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $40.13M | $8.24M | $37.14M | $45.65M | $42.17M | $30.88M | $83.9M | $0 | $49.63M | $31.97M | $58.02M | $12.64M | -$9.73M | -$6.9M | -$8.25M |
| Net Income | $333.78M | $391.18M | $410.76M | $291.26M | $223.48M | $165.62M | $169.12M | $163.89M | $134.29M | $87.91M | $77.71M | $26.38M | $41.45M | $1.82M | -$398K | -$7.39M | -$937K | $2.79M | -$13.08M | -$8.55M | $2.78M | -$32.35M | $16.23M | $9.73M | $6.9M | $8.25M |
| Net Income Margin | 29.7% | 36.7% | 39.1% | 28.8% | 27.2% | 24.4% | 25.8% | 27.4% | 24.0% | 17.2% | 17.5% | 7.0% | 13.0% | 0.6% | -0.2% | -3.4% | -0.4% | 1.2% | -5.7% | -4.0% | 1.9% | -35.3% | 20.1% | 12.7% | 11.1% | 15.5% |
| Supplementary Data | ||||||||||||||||||||||||||
| EPS | 1.46 | 1.73 | 1.82 | 1.29 | 1.10 | 0.85 | 0.44 | 0.89 | 0.74 | 0.45 | 0.43 | 0.14 | 0.26 | -0.03 | -0.00 | -0.08 | -0.01 | 0.05 | -0.23 | -0.15 | 0.04 | -0.86 | 0.47 | 0.29 | 0.20 | 0.24 |
| Diluted EPS | 1.46 | 1.72 | 1.82 | 1.29 | 1.09 | 0.85 | 0.44 | 0.88 | 0.74 | 0.45 | 0.42 | 0.14 | 0.26 | -0.03 | -0.00 | -0.08 | -0.01 | 0.05 | -0.23 | -0.15 | 0.04 | -0.86 | 0.47 | 0.29 | 0.20 | 0.24 |
| Weighted Average OS | 228.73M | 226.35M | 225.42M | 224.93M | 203.83M | 194.15M | 190.87M | 184.65M | 180.53M | 178.25M | 168.64M | 149.11M | 135.19M | 124.09M | 102.98M | 94.00M | 70.99M | 57.62M | 57.50M | 57.29M | 42.12M | 37.48M | 33.74M | 33.74M | 33.74M | 33.74M |
| EBITDA | $703.57M | $692.48M | $710.88M | $606.98M | $471.03M | $416.97M | $409.56M | $373.28M | $342.65M | $303.22M | $263.5M | $208.36M | $174.22M | $146.12M | $93.09M | $93.64M | $104.21M | $108.24M | $110.71M | $105.17M | $44.51M | $24.19M | $49.59M | $26.73M | $23.77M | $19.89M |
| EBITDA Margin | 62.6% | 64.9% | 67.7% | 60.1% | 57.3% | 61.4% | 62.5% | 62.4% | 61.3% | 59.4% | 59.3% | 55.3% | 54.7% | 51.6% | 39.2% | 43.2% | 48.0% | 45.8% | 48.3% | 49.4% | 30.1% | 26.4% | 61.4% | 34.9% | 38.2% | 37.5% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 |
| Assets | ||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||
| Cash and Cash Equivalents | $5.78M | $71.56M | $6.53M | $6.06M | $11.14M | $3.59M | $54.86M | $3.76M | $5.27M | $2.97M | $62.87M | $2.9M | $3.18M | $4.5M | $9.07M | $5.89M | $102.77M | $3.74M | $4.52M | $19.72M | $0 | $28.48M | $7.5M | $0 | $0 | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $5.78M | $71.56M | $6.53M | $6.06M | $11.14M | $3.59M | $54.86M | $3.76M | $5.27M | $2.97M | $62.87M | $2.9M | $3.18M | $4.5M | $9.07M | $5.89M | $102.77M | $3.74M | $4.52M | $19.72M | $201.1M | $28.48M | $7.5M | $0 | $0 | $0 |
| Accounts Receivable | $33.85M | $40.49M | $33.18M | $30.02M | $23.56M | $18.96M | $16.84M | $16.26M | $12.98M | $7.78M | $5.05M | $4.24M | $4.96M | $10.21M | $3.68M | $0 | $20.11M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $4.45M | $69.86M | $61.73M | $62.18M | $111.79M | $19.84M | $16.86M | $12.36M | $13.28M | $14.64M | $24.6M | $3.31M | $4.03M | $6.07M | $11.29M | $10.25M | -$3.73M | $33.96M | -$4.52M | -$19.72M | -$95.17M | -$28.48M | -$7.5M | $0 | $0 | $0 |
| Total Current Assets | $44.09M | $196.95M | $114.49M | $108.42M | $156.78M | $51.35M | $95.45M | $38.27M | $37.59M | $30.09M | $96.46M | $14.41M | $15.36M | $24.14M | $26.55M | $16.14M | $119.15M | $37.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Assets | ||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $48.42M | $49.44M | $50.48M | $49.49M | $54.74M | $55.3M | $41.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.79B | $1.43B | $1.43B | $1.56B | $1.65B | $1.57B | $1.25B | $729.15M | $395.6M | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $7.79M | $10.33M | $1.81M | $1.18M | $108.79M | $57.82M | $10.28M | $8.14M | $1.72M | $8.28M | $12.81M | $22.49M | $9.46M | $21.67M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $6.45B | $91.97M | $98.29M | $105.99M | $119.75M | $97.07M | $96.12M | $100.8M | $91.21M | $98.68M | $97.28M | $95.71M | $156.31M | $0 | $15.18M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $93.01M | $6.05B | $5.96B | $6.06B | $6.11B | $4.52B | $3.79B | $3.61B | $3.41B | $3.34B | $2.9B | $2.65B | $2.18B | $2.1B | $22.35M | $34.19M | $49.19M | $0 | -$1.65B | -$1.57B | -$1.25B | -$729.15M | -$395.6M | $0 | $0 | $0 |
| Total Long-Term Assets | $6.6B | $6.2B | $6.11B | $6.22B | $6.39B | $4.73B | $3.93B | $3.71B | $3.51B | $3.44B | $3.01B | $2.77B | $2.34B | $2.13B | $1.85B | $1.46B | $1.48B | $1.56B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $33.96M | $36.2M | $28.81M | $34.09M | $18.23M | $9.12M | $0 | $0 | $0 |
| Total Assets | $6.64B | $6.39B | $6.23B | $6.33B | $6.55B | $4.78B | $4.03B | $3.75B | $3.55B | $3.48B | $3.11B | $2.79B | $2.36B | $2.15B | $1.88B | $1.48B | $1.6B | $1.6B | $1.69B | $1.62B | $1.48B | $775.87M | $412.22M | $420.1M | $392.02M | $268.31M |
| Liabilities | ||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||
| Accounts Payable | $0 | $229.58M | $201.42M | $214.38M | $199.99M | $159.14M | $137.88M | $149.91M | $143.34M | $93.76M | $85.03M | $69.2M | $57.6M | $60.71M | $51.02M | $36.17M | $33.77M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $345.91M | $0 | $18.1M | $60.9M | $209.9M | $117.8M | $0 | $195.53M | $81.7M | $43.3M | $0 | $78M | $38.6M | $45M | $0 | $0 | $569.03M | $548.09M | $219M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $38.92M | $38.48M | $38.76M | $37.14M | $29.09M | $25.31M | $22.59M | $21.53M | $20.23M | $17.52M | $15.31M | $12.39M | $11.09M | $9.57M | $8.87M | $8.45M | $9.72M | $10.15M | $9.74M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | $1.77M | $2.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$577.48M | $494K | -$274.18M | -$22.59M | -$35.42M | -$18.49M | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $345.91M | $388.1M | $373.82M | $427M | $546.95M | $374.33M | $227.88M | $428.66M | $301.87M | $206.53M | $141.24M | $190.65M | $128.55M | $133.22M | $71.99M | $43.45M | $36.22M | $599.29M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Liabilities | ||||||||||||||||||||||||||
| Long-Term Debt | $3B | $2.99B | $2.9B | $2.94B | $2.94B | $2.25B | $1.93B | $1.55B | $1.55B | $1.55B | $1.25B | $1.1B | $1.1B | $978.76M | $758.44M | $615.46M | $769.03M | $429.42M | $808.5M | $879.43M | $669.28M | $380.5M | $271.57M | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $41.59M | $0 | $0 | $0 | $37.14M | $29.09M | $25.31M | $22.59M | $21.53M | $20.23M | $17.52M | $15.31M | $12.39M | $11.09M | $9.57M | $8.87M | $8.45M | $0 | $10.15M | $9.74M | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $301.72M | $0 | $0 | $0 | -$36.08M | -$28.01M | -$24.84M | -$22.12M | -$21.04M | -$19.81M | -$17.12M | -$14.91M | -$12.02M | -$10.65M | -$9.08M | $45.63M | $45.85M | $46.03M | -$818.65M | -$889.17M | -$669.34M | -$380.65M | -$271.94M | $0 | $0 | $0 |
| Total Long-Term Liabilities | $3.52B | $3.05B | $2.97B | $3B | $3B | $2.31B | $1.93B | $1.55B | $1.55B | $1.55B | $1.25B | $1.1B | $1.1B | $979.2M | $758.93M | $669.96M | $823.33M | $475.44M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $41.48M | -$10.15M | -$9.74M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $3.86B | $3.44B | $3.34B | $3.43B | $3.55B | $2.69B | $2.16B | $1.98B | $1.86B | $1.76B | $1.4B | $1.29B | $1.23B | $1.11B | $880.66M | $713.41M | $859.54M | $1.03B | $1.04B | $889.51M | $669.34M | $380.65M | $271.94M | $0 | $0 | $0 |
| Stockholders' Equity | ||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $31K | $31K | $31K | $31K | $31K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $2.27M | $2.28M | $2.25M | $2.25M | $2.24M | $1.97M | $1.94M | $1.87M | $1.82M | $1.8M | $1.75M | $1.64M | $1.39M | $1.32M | $1.22M | $986K | $927K | $576K | $576K | $573K | $570K | $373K | $0 | $0 | $0 | $0 |
| Retained Earnings | -$1.59B | -$1.42B | -$1.35B | -$1.3B | -$1.22B | -$974.8M | -$876.61M | -$791.91M | -$729.31M | -$658.58M | -$584.65M | -$519.19M | -$440.84M | -$410.23M | -$342.01M | -$302.6M | -$279.67M | -$271.12M | -$241.23M | -$167.71M | -$91.25M | -$37.43M | $0 | $0 | $0 | $0 |
| Comprehensive Income & Other | -$249K | -$330K | -$411K | -$491K | -$570K | -$632K | -$729K | -$1.03M | $3K | -$1.85M | -$4.98M | -$8.76M | -$11.01M | -$19.8M | -$12.83M | -$1.12M | -$874K | -$7.55M | -$1.66M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $4.3B | $4.29B | $4.14B | $4.12B | $4.09B | $2.81B | $2.67B | $2.5B | $2.36B | $2.31B | $2.23B | $1.97B | $1.53B | $1.4B | $1.3B | $1.03B | $974.05M | $793.48M | $796.28M | $794.63M | $793.69M | $396.44M | $131.75M | $140.83M | $142.16M | $113M |
| Total Equity | $2.72B | $2.87B | $2.8B | $2.83B | $2.87B | $1.83B | $1.8B | $1.71B | $1.63B | $1.66B | $1.64B | $1.45B | $1.09B | $989.79M | $955.91M | $724.22M | $695.31M | $522.93M | $555.62M | $627.49M | $703M | $359.38M | $131.75M | $140.83M | $142.16M | $113M |
| Minority Interest | $62.63M | $82.01M | $81.98M | $71.6M | $126.82M | $258.05M | $70.08M | $62.59M | $60.56M | $60.26M | $67.65M | $51.41M | $37.21M | $48.11M | $39.41M | $41.19M | $44.02M | $46.03M | $48.98M | $56.9M | $64.11M | $11.06M | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $6.58B | $6.31B | $6.14B | $6.25B | $6.42B | $4.52B | $3.96B | $3.69B | $3.48B | $3.41B | $3.05B | $2.73B | $2.32B | $2.1B | $1.84B | $1.44B | $1.55B | $1.55B | $1.59B | $1.52B | $1.37B | $740.03M | $403.69M | $140.83M | $142.16M | $113M |
| Supplementary Data | ||||||||||||||||||||||||||
| Total Debt | $3.53B | $3.05B | $2.99B | $3.06B | $3.21B | $2.43B | $1.93B | $1.75B | $1.63B | $1.6B | $1.25B | $1.17B | $1.14B | $1.02B | $758.44M | $615.46M | $1.34B | $977.5M | $1.03B | $879.43M | $669.34M | $380.65M | $271.94M | $0 | $0 | $0 |
| Net Debt | $3.53B | $2.98B | $2.98B | $3.06B | $3.2B | $2.43B | $1.88B | $1.74B | $1.63B | $1.59B | $1.19B | $1.17B | $1.14B | $1.02B | $749.37M | $609.57M | $1.24B | $973.76M | $1.02B | $859.71M | $669.34M | $352.17M | $264.44M | $0 | $0 | $0 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
| Operating Activities | |||||||||||||||||||||||
| Net Income | $333.78M | $391.18M | $410.76M | $291.26M | $223.48M | $165.62M | $166.3M | $163.89M | $134.29M | $87.91M | $80.04M | $26.05M | $10.4M | -$9.82M | -$7.6M | -$11.22M | -$17.62M | -$17.54M | -$15.48M | -$8.55M | $2.57M | -$32.35M | $16.23M |
| Depreciation & Amortization | $258.15M | $209.77M | $205.38M | $314.51M | $240.22M | $159.25M | $166.37M | $145.66M | $148.32M | $164.44M | $154.11M | $129M | $117.07M | $113.87M | $73.7M | $70.85M | $75.91M | $80.13M | $72.22M | $66.73M | $41.9M | $28.3M | $20.72M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $11.49M | $10.09M | $9.08M | $8.09M | $7.2M | $6.69M | $5.57M | $5.59M | $3.21M | $2.15M | $1.74M | $5.62M | $4.55M | $3.2M | $3.64M | $3.4M | $2.72M | $1.84M | $1.27M | $2.24M | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.76M | -$350K | -$3.19M | $3.02M | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.9M | $5.38M | $2.23M | $4.25M | $0 |
| Accounts Payable | $2.48M | $24.02M | $96K | $20.39M | $14.87M | $13.92M | $6.04M | $2.65M | $10.85M | $7.86M | -$438K | $2.7M | $4.56M | $6.9M | $2.63M | $1.44M | -$1.8M | -$7K | $6.66M | $5.73M | $5.42M | $3.69M | $0 |
| Other Working Capital | -$5.33M | -$7.91M | -$10.49M | $5.03M | -$5.32M | -$7.76M | -$4.76M | -$4.59M | -$7.69M | -$2.48M | -$1.04M | $1.39M | -$61K | $1.57M | -$1.55M | $3.69M | -$359K | $1.23M | -$2.41M | -$1.36M | -$3.23M | $4.49M | $608K |
| Total Working Capital Change | -$2.85M | $16.11M | -$10.39M | $25.43M | $9.55M | $6.16M | $1.28M | -$1.94M | $3.1M | $5.97M | -$734K | $4.5M | $5.07M | $8.47M | $1.08M | $5.55M | -$2.16M | $1.22M | $4.25M | $4.37M | $2.19M | $8.18M | $608K |
| Other Non-Cash Items | $22.59M | $2.53M | -$4.7M | -$48.81M | -$32.15M | $12.8M | -$8.88M | -$8.85M | $626K | $1.74M | -$18.3M | $1.43M | $4.7M | $802K | $13.94M | $2.7M | $2.69M | $476K | -$46K | $747K | -$54K | $27.37M | -$3.33M |
| Net Cash from Operating | $611.67M | $631.07M | $611.14M | $591.47M | $449.19M | $351.03M | $331.77M | $304.33M | $291.91M | $263.27M | $217.27M | $166.03M | $142.86M | $118.43M | $84.33M | $71.52M | $62.21M | $67.01M | $62.87M | $64.57M | $46.11M | $34.94M | $34.23M |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditures | -$44.79M | $0 | $0 | $0 | $0 | $0 | -$102.83M | -$86M | -$68.78M | -$136.91M | -$81.31M | -$23.57M | -$53.98M | -$4.23M | -$471.19M | -$104.44M | -$17.88M | -$30.74M | -$48.01M | -$312.35M | -$381.08M | -$227.84M | -$8.81M |
| Acquisitions | -$450.84M | -$58.48M | -$21K | -$21K | -$1.71B | -$7.02M | -$128.22M | -$19.22M | -$301K | -$12.18M | -$8.43M | -$2.55M | -$157.46M | -$81.16M | -$15.46M | $0 | $30.76M | -$30.74M | -$169.82M | $0 | $0 | -$2.91M | $0 |
| Purchases of Investments | -$78.56M | -$5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4.1M | $0 | $0 | $0 | -$15.46M | $0 | $0 | $0 | $0 | -$19M | -$125M | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $48.64M | $0 | $0 | $114.17M | $29.82M | $0 | $0 |
| Other Investing Activities | $0 | -$110.48M | -$93.8M | -$48.75M | -$145.42M | -$504.42M | -$144.62M | -$217.04M | -$81.22M | -$410.2M | -$280.76M | -$496.58M | -$71.48M | -$186.55M | $60.01M | $59.66M | $37.33M | $88.65M | $64.26M | -$30.86M | -$12.81M | -$6.53M | $6.3M |
| Net Cash from Investing | -$574.18M | -$173.96M | -$93.82M | -$48.77M | -$1.85B | -$511.44M | -$375.66M | -$322.26M | -$150.3M | -$559.29M | -$374.61M | -$522.7M | -$282.92M | -$271.94M | -$442.1M | -$44.78M | $98.85M | $27.18M | -$153.58M | -$248.05M | -$489.06M | -$237.28M | -$2.51M |
| Financing Activities | |||||||||||||||||||||||
| Debt Repaid | -$408.2M | $50.44M | $75.39M | $151.43M | -$748.26M | -$578.83M | -$484.77M | -$104.01M | -$32.93M | -$304.55M | -$86.43M | -$9.25M | -$104.59M | -$158.3M | -$121.22M | $153.21M | $8.02M | $49.55M | -$19.94M | -$173.95M | -$184.59M | $186.57M | -$1.53M |
| Common Stock Issuance | $5.41M | $118.27M | $0 | $4.88M | $965.64M | $120.73M | $196.3M | $131.83M | $29.64M | $136.12M | $234.06M | $416.01M | $100.29M | $102.08M | $278.87M | $47.57M | $170.85M | $0 | $0 | $2.98M | $378.75M | $424.99M | $0 |
| Common Stock Repurchases | -$36.02M | $0 | -$276K | $0 | $0 | -$686K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$476.31M | -$461.77M | -$442.22M | -$387.11M | -$282.14M | -$256.25M | -$243.86M | -$221.33M | -$195.01M | -$149.28M | -$107.09M | -$75.85M | -$59.16M | -$39.76M | -$27.85M | -$9.41M | -$6.74M | -$41.62M | -$66.82M | -$66.62M | -$44.53M | -$18.3M | $0 |
| Other Financing Activities | -$6.19M | $6.27M | -$142K | -$13.44M | -$21.19M | -$23.13M | -$41.9M | $737K | -$10.88M | $12.14M | $9.91M | $12.99M | -$972K | -$65.96M | -$86.13M | -$8.57M | -$18.14M | -$3.79M | $122.38M | -$6.02M | -$2.16M | $108K | -$27.26M |
| Net Cash from Financing | -$104.92M | -$387.67M | -$518.03M | -$547.09M | $1.41B | $108.2M | $95.86M | $15.25M | -$143.32M | $219.41M | $217.3M | $356.39M | $138.74M | $148.93M | $360.95M | -$123.61M | -$62.04M | -$94.96M | $75.5M | $104.3M | $516.55M | $220.23M | -$25.73M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$67.43M | $69.45M | -$708K | -$4.39M | $7.09M | -$52.21M | $51.96M | -$2.68M | $2.29M | -$59.9M | $59.97M | -$275K | -$1.32M | -$4.57M | $3.18M | -$96.88M | $99.02M | -$773K | -$15.2M | -$79.18M | $172.61M | $20.98M | $5.99M |
| Supplementary Data | |||||||||||||||||||||||
| Operating Cash Flow | $611.67M | $631.07M | $611.14M | $591.47M | $449.19M | $351.03M | $331.77M | $304.33M | $291.91M | $263.27M | $217.27M | $166.03M | $142.86M | $118.43M | $84.33M | $71.52M | $62.21M | $67.01M | $62.87M | $64.57M | $46.11M | $34.94M | $34.23M |
| Capital Expenditure | -$44.79M | $0 | $0 | $0 | $0 | $0 | -$102.83M | -$86M | -$68.78M | -$136.91M | -$81.31M | -$23.57M | -$53.98M | -$4.23M | -$471.19M | -$104.44M | -$17.88M | -$30.74M | -$48.01M | -$312.35M | -$381.08M | -$227.84M | -$8.81M |
| Free Cash Flow | $566.89M | $631.07M | $611.14M | $591.47M | $449.19M | $351.03M | $331.77M | $304.33M | $291.91M | $263.27M | $217.27M | $166.03M | $142.86M | $118.43M | $84.33M | $71.52M | $44.33M | $36.27M | $62.87M | -$247.78M | -$334.98M | -$192.9M | $25.42M |
| Cash at Beginning | $77.66M | $8.22M | $8.93M | $13.32M | $6.23M | $58.44M | $6.48M | $9.16M | $2.97M | $62.87M | $2.9M | $3.18M | $4.5M | $9.07M | $5.89M | $102.77M | $3.74M | $4.52M | $19.72M | $98.9M | $28.48M | $9.57M | $1.51M |
| Cash at End | $10.23M | $77.66M | $8.22M | $8.93M | $13.32M | $6.23M | $58.44M | $6.48M | $5.27M | $2.97M | $62.87M | $2.9M | $3.18M | $4.5M | $9.07M | $5.89M | $102.77M | $3.74M | $4.52M | $19.72M | $201.1M | $30.55M | $7.5M |