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CubeSmart (CUBE) Operating Margin

Annual Operating Margin

47.34%
+12.56%+36.11%

December 31, 2023

Summary

Performance

1-Year Change

+36.11%

3-Year Change

+24.84%

5-Year Change

+28.64%

15-Year Change

+34.3%

CUBE Operating Margin Chart

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Highlights

Sector Rank

89.74%
CUBE annual operating profit margin is higher than 89.74% of companies in Real Estate sector

High & Low

All-time High

47.34%
CUBE annual operating profit margin is currently at an all-time high

3-Year Low

34.78%
CUBE annual operating profit margin is currently +36.11% above its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 31, 2023
CUBE previous annual earnings announcement was published on Dec 31, 2023

Next Annual Earnings Report Date

Feb 27, 2025
CUBE next annual earnings announcement is scheduled for Feb 27, 2025

OtherCUBEprofitabilitymetrics:

Annual Operating Profit

$497.27 M
CUBE annual operating income is $497.27 million

Annual Revenue

$1.05 B
CUBE annual revenue is $1.05 billion

Annual Gross Margin

71.93%
CUBE annual gross profit margin is 71.93%

Annual Net Margin

39.11%
CUBE annual net profit margin is 39.11%

Quarterly Operating Margin

45.61%
+1.49%+3.38%

September 30, 2024

Summary

Performance

3-Month Change

+3.38%

1-Year Change

+3.38%

3-Year Change

+20.37%

5-Year Change

+30.99%

CUBE Quarterly Operating Margin Chart

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Highlights

Sector Rank

87.8%
CUBE quarterly operating profit margin is higher than 87.8% of companies in Real Estate sector

High & Low

All-time High

48.77%
CUBE quarterly operating profit margin is currently -6.48% below its historical high of 48.77%

3-Year Low

29.73%
CUBE quarterly operating profit margin is currently +53.41% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Sep 30, 2024
CUBE previous earnings announcement was published on Sep 30, 2024

Next Quarterly Earnings Report Date

Feb 27, 2025
CUBE next earnings announcement is scheduled for Feb 27, 2025

OtherCUBEprofitabilitymetrics:

Quarterly Operating Profit

$123.55 M
CUBE quarterly operating income is $123.55 million

Quarterly Revenue

$270.89 M
CUBE quarterly revenue is $270.89 million

Quarterly Gross Margin

69.78%
CUBE quarterly gross profit margin is 69.78%

Quarterly Net Margin

37.21%
CUBE quarterly net profit margin is 37.21%

Operating Margin Formula

Operating Profit Margin =  Operating Profit
Revenue ✕ 100%

Annual Operating Margin

47.34%
CUBE annual operating profit margin is 47.34%

Annual Operating Profit

$497.27 M
CUBE annual operating income is $497.27 million

Annual Revenue

$1.05 B
CUBE annual revenue is $1.05 billion

CUBE Operating Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year+36.1%+3.4%
3 y3 years+24.8%+20.4%
5 y5 years+28.6%+31.0%

CUBE Operating Margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-yearat high+36.1%-6.5%+53.4%
5 y5-yearat high+36.1%-6.5%+53.4%
alltimeall timeat high+369.2%-6.5%+504.9%

CubeSmart Operating Margin History

DateAnnualQuarterly
Sep 2024
-
45.61%(+3.4%)
Jun 2024
-
44.12%(-2.3%)
Mar 2024
-
45.15%(-7.4%)
Dec 2023
47.34%(+36.1%)
48.77%(+3.5%)
Sep 2023
-
47.14%(+1.4%)
Jun 2023
-
46.51%(-0.9%)
Mar 2023
-
46.93%(+15.5%)
Dec 2022
34.78%(-1.6%)
40.64%(+15.8%)
Sep 2022
-
35.09%(+5.9%)
Jun 2022
-
33.15%(+11.5%)
Mar 2022
-
29.73%(-14.7%)
Dec 2021
35.33%(-6.8%)
34.87%(-8.0%)
Sep 2021
-
37.89%(+8.2%)
Jun 2021
-
35.03%(+5.2%)
Mar 2021
-
33.30%(-19.8%)
Dec 2020
37.92%(+5.2%)
41.53%(+6.7%)
Sep 2020
-
38.92%(+8.0%)
Jun 2020
-
36.03%(+3.5%)
Mar 2020
-
34.82%(-4.1%)
Dec 2019
36.04%(-2.1%)
36.32%(+1.3%)
Sep 2019
-
35.84%(-2.5%)
Jun 2019
-
36.75%(+4.3%)
Mar 2019
-
35.22%(-1.6%)
Dec 2018
36.80%(+4.4%)
35.81%(-7.8%)
Sep 2018
-
38.86%(+4.6%)
Jun 2018
-
37.14%(+5.3%)
Mar 2018
-
35.28%(-9.2%)
Dec 2017
35.25%(+20.3%)
38.85%(+6.4%)
Sep 2017
-
36.50%(+4.9%)
Jun 2017
-
34.79%(+14.1%)
Mar 2017
-
30.48%(-4.8%)
Dec 2016
29.31%(+17.2%)
32.03%(+4.7%)
Sep 2016
-
30.58%(+8.7%)
Jun 2016
-
28.12%(+7.6%)
Mar 2016
-
26.14%(-7.8%)
Dec 2015
25.01%(+5.9%)
28.36%(+6.3%)
Sep 2015
-
26.67%(+10.8%)
Jun 2015
-
24.08%(+17.8%)
Mar 2015
-
20.44%(-5.3%)
Dec 2014
23.62%(+29.0%)
21.58%(-14.1%)
Sep 2014
-
25.11%(+2.1%)
Jun 2014
-
24.60%(+5.8%)
Mar 2014
-
23.25%(+2.7%)
Dec 2013
18.31%
22.64%(+11.8%)
DateAnnualQuarterly
Sep 2013
-
20.25%(+14.0%)
Jun 2013
-
17.77%(+49.1%)
Mar 2013
-
11.92%(+6.3%)
Dec 2012
10.09%(-42.1%)
11.21%(+16.0%)
Sep 2012
-
9.66%(-9.8%)
Jun 2012
-
10.71%(+3.4%)
Mar 2012
-
10.36%(+10.2%)
Dec 2011
17.43%(+17.5%)
9.40%(-58.7%)
Sep 2011
-
22.76%(+23.0%)
Jun 2011
-
18.50%(+5.7%)
Mar 2011
-
17.51%(+8.6%)
Dec 2010
14.84%(+13.1%)
16.12%(-6.4%)
Sep 2010
-
17.23%(+38.1%)
Jun 2010
-
12.48%(-13.0%)
Mar 2010
-
14.35%(+21.7%)
Dec 2009
13.12%(+2.3%)
11.79%(-21.1%)
Sep 2009
-
14.94%(+35.6%)
Jun 2009
-
11.02%(-24.5%)
Mar 2009
-
14.60%(+23.9%)
Dec 2008
12.82%(-68.9%)
11.78%(-18.5%)
Sep 2008
-
14.46%(+15.5%)
Jun 2008
-
12.52%(-13.2%)
Mar 2008
-
14.42%(-65.0%)
Dec 2007
41.23%(+125.8%)
41.19%(+3.2%)
Sep 2007
-
39.90%(+96.8%)
Jun 2007
-
20.27%(+20.0%)
Mar 2007
-
16.89%(+30.1%)
Dec 2006
18.26%(-19.0%)
12.98%(-28.2%)
Sep 2006
-
18.08%(-20.4%)
Jun 2006
-
22.71%(+21.2%)
Mar 2006
-
18.74%(+148.5%)
Dec 2005
22.55%(-19.3%)
7.54%(-74.2%)
Sep 2005
-
29.26%(+0.9%)
Jun 2005
-
29.00%(+9.4%)
Mar 2005
-
26.50%(+87.1%)
Dec 2004
27.93%(-21.8%)
14.16%(-60.0%)
Sep 2004
-
35.43%(+10.1%)
Jun 2004
-
32.17%(-5.6%)
Mar 2004
-
34.09%(-4.3%)
Dec 2003
35.72%(+2.3%)
35.63%(-6.2%)
Sep 2003
-
37.98%
Dec 2002
34.90%(-8.6%)
-
Dec 2001
38.17%(+1.9%)
-
Dec 2000
37.46%
-

FAQ

  • What is CubeSmart annual operating profit margin?
  • What is the all time high annual operating margin for CubeSmart?
  • What is CubeSmart annual operating margin year-on-year change?
  • What is CubeSmart quarterly operating profit margin?
  • What is the all time high quarterly operating margin for CubeSmart?
  • What is CubeSmart quarterly operating margin year-on-year change?

What is CubeSmart annual operating profit margin?

The current annual operating margin of CUBE is 47.34%

What is the all time high annual operating margin for CubeSmart?

CubeSmart all-time high annual operating profit margin is 47.34%

What is CubeSmart annual operating margin year-on-year change?

Over the past year, CUBE annual operating profit margin has changed by +12.56% (+36.11%)

What is CubeSmart quarterly operating profit margin?

The current quarterly operating margin of CUBE is 45.61%

What is the all time high quarterly operating margin for CubeSmart?

CubeSmart all-time high quarterly operating profit margin is 48.77%

What is CubeSmart quarterly operating margin year-on-year change?

Over the past year, CUBE quarterly operating profit margin has changed by +1.49% (+3.38%)