CubeSmart
CUBE
#1551
Rank
S$14.90 B
Marketcap
$65.56
Share price
0.83%
Change (1 day)
25.05%
Change (1 year)

Operating Margin for CubeSmart (CUBE)

Operating Margin as of November 2024 (TTM): 38.20%

According to CubeSmart 's latest financial reports and stock price the company's current Operating Margin is 38.20%. At the end of 2023 the company had an Operating Margin of 39.27%.

Operating Margin history for CubeSmart from 2004 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202339.27%35.55%
202228.97%3.24%
202128.06%13.7%
202024.68%-6.95%
201926.52%-4.17%
201827.68%14.07%
201724.26%40.02%
201617.33%-2.2%
201517.72%153.31%
20146.99%113.95%
20133.27%-165.58%
2012-4.98%-21.5%
2011-6.35%-15.46%
2010-7.51%-17.99%
2009-9.16%-22.95%
2008-11.89%-128.84%
200741.23%125.83%
200618.26%-19.05%
200522.55%-19.25%
200427.93%-21.82%
200335.72%2.37%
200234.90%-8.58%
200138.17%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
41.14% 7.70%๐Ÿ‡บ๐Ÿ‡ธ USA
22.54%-40.99%๐Ÿ‡บ๐Ÿ‡ธ USA
18.98%-50.31%๐Ÿ‡บ๐Ÿ‡ธ USA
1.50%-96.07%๐Ÿ‡บ๐Ÿ‡ธ 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.