CubeSmart (CUBE)
42.09
+0.29
(+0.69%)
USD |
NYSE |
Apr 24, 16:00
42.09
0.00 (0.00%)
After-Hours: 18:53
CubeSmart Gross Profit Margin (Quarterly): 73.11% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 73.11% |
| September 30, 2023 | 71.05% |
| June 30, 2023 | 71.31% |
| March 31, 2023 | 72.27% |
| December 31, 2022 | 72.22% |
| September 30, 2022 | 70.65% |
| June 30, 2022 | 70.45% |
| March 31, 2022 | 70.42% |
| December 31, 2021 | 71.58% |
| September 30, 2021 | 69.86% |
| June 30, 2021 | 68.00% |
| March 31, 2021 | 67.58% |
| December 31, 2020 | 68.99% |
| September 30, 2020 | 66.90% |
| June 30, 2020 | 66.21% |
| March 31, 2020 | 66.03% |
| December 31, 2019 | 66.93% |
| September 30, 2019 | 67.90% |
| June 30, 2019 | 68.48% |
| March 31, 2019 | 66.35% |
| December 31, 2018 | 67.62% |
| September 30, 2018 | 68.21% |
| June 30, 2018 | 66.49% |
| March 31, 2018 | 65.88% |
| December 31, 2017 | 68.87% |
| Date | Value |
|---|---|
| September 30, 2017 | 67.22% |
| June 30, 2017 | 67.65% |
| March 31, 2017 | 66.27% |
| December 31, 2016 | 68.15% |
| September 30, 2016 | 68.35% |
| June 30, 2016 | 67.12% |
| March 31, 2016 | 66.17% |
| December 31, 2015 | 66.75% |
| September 30, 2015 | 66.11% |
| June 30, 2015 | 65.22% |
| March 31, 2015 | 63.90% |
| December 31, 2014 | 65.38% |
| September 30, 2014 | 65.37% |
| June 30, 2014 | 65.26% |
| March 31, 2014 | 63.00% |
| December 31, 2013 | 63.14% |
| September 30, 2013 | 63.62% |
| June 30, 2013 | 63.64% |
| March 31, 2013 | 60.94% |
| December 31, 2012 | 62.98% |
| September 30, 2012 | 60.98% |
| June 30, 2012 | 60.30% |
| March 31, 2012 | 59.53% |
| December 31, 2011 | 62.49% |
| September 30, 2011 | 58.82% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
66.03%
Minimum
Mar 2020
73.11%
Maximum
Dec 2023
69.47%
Average
69.86%
Median
Sep 2021
Gross Profit Margin (Quarterly) Benchmarks
| Public Storage | 74.93% |
| Extra Space Storage Inc | 72.90% |
| Welltower Inc | 40.79% |
| LTC Properties Inc | 92.99% |
| Universal Health Realty Income Trust | 94.38% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 14.24% |
| Return on Assets | 6.55% |
| Return on Invested Capital | 7.03% |
| Profit Margin (Quarterly) | 42.50% |
| Operating Margin (Quarterly) | 48.77% |
| Return on Net Operating Assets | 429.4% |