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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on SalesTimes Interest Earned

CubeSmart (CUBE) Gross Margin (2016 - 2025)

CubeSmart (CUBE) has 15 years of Gross Margin data on record, last reported at 69.78% in Q3 2024.

  • For Q3 2024, Gross Margin fell 127.0% year-over-year to 69.78%; the TTM value through Sep 2024 reached 154.83%, up 8312.0%, while the annual FY2023 figure was 71.93%, 98.0% up from the prior year.
  • Gross Margin reached 69.78% in Q3 2024 per CUBE's latest filing, down from 73.11% in the prior quarter.
  • Across five years, Gross Margin topped out at 73.11% in Q4 2023 and bottomed at 66.03% in Q1 2020.
  • Average Gross Margin over 5 years is 70.01%, with a median of 70.44% recorded in 2022.
  • Peak YoY movement for Gross Margin: skyrocketed 296bps in 2021, then tumbled -127bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 68.99% in 2020, then grew by 4bps to 71.58% in 2021, then increased by 1bps to 72.22% in 2022, then grew by 1bps to 73.11% in 2023, then fell by -5bps to 69.78% in 2024.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 69.78% in Q3 2024, 73.11% in Q4 2023, and 71.05% in Q3 2023.