CubeSmart
CUBE
$41.45
Share price
1.59%
Change (1 day)
-6.14%
Change (1 year)
Categories
Operating Margin for CubeSmart (CUBE)
Operating Margin as of May 2024 (TTM): 37.68%
According to CubeSmart 's latest financial reports and stock price the company's current Operating Margin is 37.68%. At the end of 2022 the company had an Operating Margin of 28.97%.
Operating Margin history for CubeSmart from 2004 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 28.97% | 3.24% |
| 2021 | 28.06% | 13.7% |
| 2020 | 24.68% | -6.95% |
| 2019 | 26.52% | -4.17% |
| 2018 | 27.68% | 14.07% |
| 2017 | 24.26% | 40.02% |
| 2016 | 17.33% | -2.2% |
| 2015 | 17.72% | 153.31% |
| 2014 | 6.99% | 113.95% |
| 2013 | 3.27% | -211.55% |
| 2012 | -2.93% | 37.83% |
| 2011 | -2.13% | -53.2% |
| 2010 | -4.54% | -132.97% |
| 2009 | 13.78% | -62.42% |
| 2008 | 36.67% | 118.3% |
| 2007 | 16.80% | -12.86% |
| 2006 | 19.28% | -17.83% |
| 2005 | 23.46% | -16.28% |
| 2004 | 28.02% | -21.56% |
| 2003 | 35.72% | 2.37% |
| 2002 | 34.90% | -8.58% |
| 2001 | 38.17% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Crown Castle CCI | 24.11% | -36.01% | 🇺🇸 USA |
 Public Storage PSA | 97.81% | 159.58% | 🇺🇸 USA |
 Geo Group GEO | 8.80% | -76.65% | 🇺🇸 USA |
 CoreSite COR.defunct | 22.54% | -40.18% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.