CubeSmart CUBE Construction — Cost of Goods Sold

Similar metrics at other companies

CMCConstruction Solutions Group — Cost of goods sold

$246.92M+105%

CNHConstruction — Cost of goods sold

$506M+0.6%

VSATProduct — Cost of Goods Sold

$264.6M-0.5%

BRK.AManufacturing Businesses — Cost of Goods Sold

$13.79B+11.8%

NTNXProduct — Cost of Goods Sold

$5.82M-14.2%

RPMConstruction Products Group — Cost of Goods Sold

$335.23M+6.9%

Questions, answered.

What is CubeSmart's construction — cost of goods sold?

CubeSmart (CUBE) reported construction — cost of goods sold of $9.3M in Q4 2023.

How has CubeSmart's construction — cost of goods sold changed year-over-year?

CubeSmart's construction — cost of goods sold decreased by 4.6% year-over-year, from $9.75M to $9.3M.

What is the long-term trend for CubeSmart's construction — cost of goods sold?

Over 2 years (2021 to 2023), CubeSmart's construction — cost of goods sold has grown at a -60.0% compound annual growth rate (CAGR), from $232.4M to $37.2M.

What does construction — cost of goods sold mean?

This metric represents the direct costs incurred by the construction segment to deliver services or complete development projects. It includes expenses such as raw materials, direct labor, and subcontractor fees specifically attributable to the construction activities of the business. Tracking this allows management to assess the profitability and operational efficiency of the construction arm independently of the core self-storage operations.