Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EBITDA margin high or low?
The EBITDA margin of 47.80% is 38% below its 5-year average of 76.54%, near the low end of its 5-year range (47.80%–98.94%).
As of the fiscal period ended Tuesday, June 30, 2026. 19.99% below its 12-month average of 59.75%.
Reported quarterly EBITDA margin; no daily interpolation.
EBITDA MARGIN
47.80%
EBITDA MARGIN AVG TTM
59.75%
EBITDA MARGIN AVG 3Y
63.93%
EBITDA MARGIN AVG 5Y
76.54%
EBITDA MARGIN AVG 10Y
72.63%
EBITDA MARGIN AVG 15Y
66.74%
EBITDA MARGIN AVG 20Y
56.29%
CURRENT VS TTM AVG
-19.99%
CURRENT VS 3Y AVG
-25.23%
CURRENT VS 5Y AVG
-37.54%
CURRENT VS 10Y AVG
-34.19%
CURRENT VS 15Y AVG
-28.38%
CURRENT VS 20Y AVG
-15.07%
Market Cap
$9.08B
EBITDA Margin
85.76%
TTM Avg
86.84%
3Y Avg
87.38%
5Y Avg
87.96%
Market Cap
$8.67B
EBITDA Margin
4.99%
TTM Avg
34.82%
3Y Avg
48.78%
5Y Avg
59.53%
Market Cap
$10.25B
EBITDA Margin
64.70%
TTM Avg
66.23%
3Y Avg
68.48%
5Y Avg
68.34%
Market Cap
$8.44B
EBITDA Margin
67.81%
TTM Avg
67.41%
3Y Avg
67.32%
5Y Avg
68.54%
Market Cap
$11.25B
EBITDA Margin
57.19%
TTM Avg
57.07%
3Y Avg
57.84%
5Y Avg
57.22%
Market Cap
$7.31B
EBITDA Margin
65.92%
TTM Avg
64.58%
3Y Avg
64.19%
5Y Avg
67.01%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CubeSmart (CUBE) | $9.46B | 47.80% | 59.75% | 63.93% | 76.54% |
| Agree Realty Corporation (ADC)vs › | $9.08B | 85.76% | 86.84% | 87.38% | 87.96% |
| NNN REIT, Inc. (NNN)vs › | $8.91B | 90.51% | 92.86% | 93.23% | 91.58% |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.67B | 4.99% | 34.82% | 48.78% | 59.53% |
| Federal Realty Investment Trust (FRT)vs › | $10.25B | 64.70% | 66.23% | 68.48% | 68.34% |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.44B | 67.81% | 67.41% | 67.32% | 68.54% |
| BXP, Inc. (BXP)vs › | $11.12B | 81.75% | 68.92% | 63.34% | 61.60% |
| Camden Property Trust (CPT)vs › | $11.25B | 57.19% | 57.07% | 57.84% | 57.22% |
| Terreno Realty Corporation (TRNO)vs › | $7.31B | 65.92% | 64.58% | 64.19% | 67.01% |
| CoStar Group, Inc. (CSGP)vs › | $12.25B | 5.24% | 5.39% | 13.41% | 17.92% |
Gross Margin
22.7%
EBITDA Margin
47.8%
Operating Margin
38.2%
Net Margin
31.4%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EBITDA MARGIN |
|---|---|
| 2026-06-30 | 47.80% |
| 2026-03-31 | 61.96% |
| 2025-12-31 | 62.58% |
| 2025-09-30 | 62.78% |
| 2025-06-30 | 63.62% |
| 2025-03-31 | 64.19% |
| 2024-12-31 | 66.05% |
| 2024-09-30 | 64.51% |
| 2024-06-30 | 63.29% |
| 2024-03-31 | 64.55% |
| 2023-12-31 | 86.99% |
| 2023-09-30 | 65.80% |
| 2023-06-30 | 85.17% |
| 2023-03-31 | 86.22% |
| 2022-12-31 | 93.88% |
| 2022-09-30 | 95.98% |
| 2022-06-30 | 96.73% |
| 2022-03-31 | 98.94% |
| 2021-12-31 | 96.37% |
| 2021-09-30 | 90.49% |
| 2021-06-30 | 89.40% |
| 2021-03-31 | 90.31% |
| 2020-12-31 | 83.81% |
| 2020-09-30 | 83.06% |
| 2020-06-30 | 84.72% |
| 2020-03-31 | 84.60% |
| 2019-12-31 | 85.95% |
| 2019-09-30 | 62.30% |
| 2019-06-30 | 62.80% |
| 2019-03-31 | 60.78% |
| 2018-12-31 | 60.95% |
| 2018-09-30 | 62.21% |
| 2018-06-30 | 61.24% |
| 2018-03-31 | 59.76% |
| 2017-12-31 | 62.98% |
| 2017-09-30 | 61.74% |
| 2017-06-30 | 61.38% |
| 2017-03-31 | 59.54% |
| 2016-12-31 | 61.06% |
| 2016-09-30 | 62.07% |
| 2016-06-30 | 59.34% |
| 2016-03-31 | 57.27% |
| 2015-12-31 | 59.88% |
| 2015-09-30 | 59.49% |
| 2015-06-30 | 58.66% |
| 2015-03-31 | 57.02% |
| 2014-12-31 | 54.80% |
| 2014-09-30 | 56.39% |
| 2014-06-30 | 57.61% |
| 2014-03-31 | 55.47% |
| 2013-12-31 | 55.50% |
| 2013-09-30 | 54.81% |
| 2013-06-30 | 54.47% |
| 2013-03-31 | 51.01% |
| 2012-12-31 | 54.30% |
| 2012-09-30 | 52.50% |
| 2012-06-30 | 51.55% |
| 2012-03-31 | 52.37% |
| 2011-12-31 | 52.08% |
| 2011-09-30 | 49.68% |
| 2011-06-30 | 48.41% |
| 2011-03-31 | 47.85% |
| 2010-12-31 | 52.54% |
| 2010-09-30 | 48.08% |
| 2010-06-30 | 45.82% |
| 2010-03-31 | 45.71% |
| 2009-12-31 | 48.72% |
| 2009-09-30 | 47.67% |
| 2009-06-30 | 45.55% |
| 2009-03-31 | 48.94% |
| 2008-12-31 | 47.15% |
| 2008-09-30 | 49.33% |
| 2008-06-30 | 47.77% |
| 2008-03-31 | 49.44% |
| 2007-12-31 | 48.36% |
| 2007-09-30 | 46.01% |
| 2007-06-30 | 50.78% |
| 2007-03-31 | 48.10% |
| 2006-12-31 | 46.94% |
| 2006-09-30 | 48.59% |
| 2006-06-30 | 52.47% |
| 2006-03-31 | 50.03% |
| 2005-12-31 | 41.18% |
| 2005-09-30 | 56.96% |
| 2005-06-30 | 56.02% |
| 2005-03-31 | 54.74% |
| 2004-12-31 | 42.72% |
| 2004-09-30 | 72.49% |
| 2004-06-30 | 189.70% |
| 2004-03-31 | 57.97% |
| 2003-12-31 | 59.16% |
| 2003-09-30 | 61.52% |
