Gross Margin: 24.47%
Is the gross margin high or low?
The gross margin of 24.47% is 59% below its 5-year average of 59.75%, around the middle of its 5-year range (-90.46%–82.46%).
As of Thursday, June 25, 2026. 4.86% above its 12-month average of 23.34%.
CUBE Gross Margin
Reported quarterly gross margin; no daily interpolation.
CUBE Average Gross Margin Chart
CUBE Current vs Average Gross Margin Chart
CUBE Gross Margin Metrics
GROSS MARGIN
24.47%
GROSS MARGIN AVG TTM
23.34%
GROSS MARGIN AVG 3Y
63.82%
GROSS MARGIN AVG 5Y
70.02%
GROSS MARGIN AVG 10Y
68.61%
GROSS MARGIN AVG 15Y
66.46%
GROSS MARGIN AVG 20Y
65.35%
CURRENT VS TTM AVG
+4.86%
CURRENT VS 3Y AVG
-61.66%
CURRENT VS 5Y AVG
-65.05%
CURRENT VS 10Y AVG
-64.33%
CURRENT VS 15Y AVG
-63.18%
CURRENT VS 20Y AVG
-62.56%
CUBE Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CubeSmart (CUBE) | $9.24B | 24.47% | 23.34% | 63.82% | 70.02% |
| Agree Realty Corporation (ADC)vs › | $9.13B | 87.64% | 87.80% | 87.76% | 87.69% |
| NNN REIT, Inc. (NNN)vs › | $8.85B | 81.38% | 67.14% | 81.86% | 86.54% |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.37B | 47.03% | 47.65% | 60.43% | 64.59% |
| BXP, Inc. (BXP)vs › | $10.23B | 60.20% | 60.88% | 62.02% | 62.51% |
| Federal Realty Investment Trust (FRT)vs › | $10.77B | 53.60% | 38.58% | 52.97% | 57.31% |
| Terreno Realty Corporation (TRNO)vs › | $6.95B | 63.89% | 75.10% | 75.20% | 74.87% |
| CoStar Group, Inc. (CSGP)vs › | $12.17B | 77.40% | 77.41% | 78.96% | 79.81% |
| UDR, Inc. (UDR)vs › | $12.47B | 46.00% | 25.27% | 24.12% | 21.91% |
| Apple Hospitality REIT, Inc. (APLE)vs › | $3.93B | 30.47% | 20.98% | 28.67% | 28.18% |
Gross Margin Analysis
Gross Margin
24.5%
(Revenue - COGS) / Revenue
Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Gross Margin FAQ
- What is the gross margin for CubeSmart (CUBE)?
- The gross margin for CUBE stock is 24.47%.
- Is CubeSmart's gross margin high or low?
- The gross margin of 24.47% is 59% below its 5-year average of 59.75%, around the middle of its 5-year range (-90.46%–82.46%).
- What is the TTM average gross margin for CubeSmart (CUBE)?
- The TTM average gross margin for CUBE stock is 23.34%.
- What is the 3Y average gross margin for CubeSmart (CUBE)?
- The 3Y average gross margin for CUBE stock is 63.82%.
- What is the 5Y average gross margin for CubeSmart (CUBE)?
- The 5Y average gross margin for CUBE stock is 70.02%.
- What is the 10Y average gross margin for CubeSmart (CUBE)?
- The 10Y average gross margin for CUBE stock is 68.61%.
- What is the 15Y average gross margin for CubeSmart (CUBE)?
- The 15Y average gross margin for CUBE stock is 66.46%.
- What is the 20Y average gross margin for CubeSmart (CUBE)?
- The 20Y average gross margin for CUBE stock is 65.35%.
CUBE Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2026-03-31 | 24.47% |
| 2025-12-31 | -90.46% |
| 2025-09-30 | 68.13% |
| 2025-06-30 | 44.91% |
| 2025-03-31 | 69.63% |
| 2024-12-31 | 71.71% |
| 2024-09-30 | 69.78% |
| 2024-06-30 | 68.79% |
| 2024-03-31 | 51.13% |
| 2023-12-31 | 82.46% |
| 2023-09-30 | 71.05% |
| 2023-06-30 | 71.40% |
| 2023-03-31 | 72.36% |
| 2022-12-31 | 80.90% |
| 2022-09-30 | 70.74% |
| 2022-06-30 | 70.53% |
| 2022-03-31 | 70.46% |
| 2021-12-31 | 81.10% |
| 2021-09-30 | 69.98% |
| 2021-06-30 | 68.08% |
| 2021-03-31 | 67.65% |
| 2020-12-31 | 78.49% |
| 2020-09-30 | 66.89% |
| 2020-06-30 | 66.18% |
| 2020-03-31 | 66.03% |
| 2019-12-31 | 73.90% |
| 2019-09-30 | 67.90% |
| 2019-06-30 | 68.48% |
| 2019-03-31 | 66.35% |
| 2018-12-31 | 67.62% |
| 2018-09-30 | 68.21% |
| 2018-06-30 | 66.49% |
| 2018-03-31 | 65.88% |
| 2017-12-31 | 68.87% |
| 2017-09-30 | 67.22% |
| 2017-06-30 | 67.65% |
| 2017-03-31 | 66.27% |
| 2016-12-31 | 68.15% |
| 2016-09-30 | 68.35% |
| 2016-06-30 | 67.12% |
| 2016-03-31 | 66.17% |
| 2015-12-31 | 66.75% |
| 2015-09-30 | 66.11% |
| 2015-06-30 | 65.22% |
| 2015-03-31 | 63.90% |
| 2014-12-31 | 65.38% |
| 2014-09-30 | 65.37% |
| 2014-06-30 | 65.26% |
| 2014-03-31 | 63.00% |
| 2013-12-31 | 63.06% |
| 2013-09-30 | 63.66% |
| 2013-06-30 | 63.60% |
| 2013-03-31 | 60.72% |
| 2012-12-31 | 62.77% |
| 2012-09-30 | 60.62% |
| 2012-06-30 | 60.12% |
| 2012-03-31 | 59.40% |
| 2011-12-31 | 60.55% |
| 2011-09-30 | 58.74% |
| 2011-06-30 | 57.77% |
| 2011-03-31 | 55.49% |
| 2010-12-31 | 58.24% |
| 2010-09-30 | 56.85% |
| 2010-06-30 | 55.40% |
| 2010-03-31 | 56.76% |
| 2009-12-31 | 58.15% |
| 2009-09-30 | 57.80% |
| 2009-06-30 | 54.39% |
| 2009-03-31 | 59.06% |
| 2008-12-31 | 56.57% |
| 2008-09-30 | 59.25% |
| 2008-06-30 | 58.98% |
| 2008-03-31 | 57.73% |
| 2007-12-31 | 386.26% |
| 2007-09-30 | 99.99% |
| 2007-06-30 | 99.98% |
| 2007-03-31 | 99.93% |
| 2006-12-31 | 384.74% |
| 2006-09-30 | 99.97% |
| 2006-06-30 | 99.98% |
| 2006-03-31 | 99.96% |
| 2005-12-31 | 341.83% |
| 2005-09-30 | 100.00% |
| 2005-06-30 | 100.00% |
| 2005-03-31 | 100.00% |
| 2004-12-31 | 100.00% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 100.00% |
| 2004-03-31 | 100.00% |
| 2003-12-31 | 100.00% |
| 2003-09-30 | 100.00% |
Related Metrics
About CubeSmart
CubeSmart functions as an independent real estate investment trust (REIT), overseeing both its administration and management. The company's self-storage facilities deliver secure, convenient, and budget-friendly storage options for both private individuals and commercial entities. According to data from the 2020 Self-Storage Almanac, CubeSmart ranks among the top three owners and operators of self-storage properties nationwide.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- CEO
- Christopher Marr