Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EBITDA margin high or low?
The EBITDA margin of 85.76% is in line with its 5-year average of 87.21%, near the low end of its 5-year range (82.10%–95.17%).
1.43% above its 12-month average of 84.55%.
Reported quarterly EBITDA margin; no daily interpolation. Q2 FY2026 (2026-06-30): 82.10%.
EBITDA MARGIN
85.76%
EBITDA MARGIN AVG TTM
84.55%
EBITDA MARGIN AVG 3Y
85.73%
EBITDA MARGIN AVG 5Y
87.21%
EBITDA MARGIN AVG 10Y
85.71%
EBITDA MARGIN AVG 15Y
83.78%
EBITDA MARGIN AVG 20Y
81.63%
CURRENT VS TTM AVG
+1.43%
CURRENT VS 3Y AVG
+0.03%
CURRENT VS 5Y AVG
-1.66%
CURRENT VS 10Y AVG
+0.05%
CURRENT VS 15Y AVG
+2.37%
CURRENT VS 20Y AVG
+5.06%
Agree Realty Corporation
Market Cap
$8.42B
EBITDA Margin
85.76%
TTM Avg
84.55%
3Y Avg
85.73%
5Y Avg
87.21%
Market Cap
$8.14B
EBITDA Margin
67.81%
TTM Avg
67.41%
3Y Avg
67.32%
5Y Avg
68.54%
Market Cap
$9.22B
EBITDA Margin
4.99%
TTM Avg
34.82%
3Y Avg
48.78%
5Y Avg
59.53%
Market Cap
$9.84B
EBITDA Margin
64.70%
TTM Avg
66.23%
3Y Avg
68.48%
5Y Avg
68.34%
Market Cap
$6.94B
EBITDA Margin
65.92%
TTM Avg
64.58%
3Y Avg
64.19%
5Y Avg
67.01%
Market Cap
$10.34B
EBITDA Margin
57.19%
TTM Avg
57.07%
3Y Avg
57.84%
5Y Avg
57.22%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Agree Realty Corporation (ADC) | $8.42B | 85.76% | 84.55% | 85.73% | 87.21% |
| NNN REIT, Inc. (NNN)vs › | $8.22B | 90.51% | 92.86% | 93.23% | 91.58% |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.14B | 67.81% | 67.41% | 67.32% | 68.54% |
| CubeSmart (CUBE)vs › | $9.04B | 62.95% | 63.77% | 65.00% | 67.93% |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $9.22B | 4.99% | 34.82% | 48.78% | 59.53% |
| Federal Realty Investment Trust (FRT)vs › | $9.84B | 64.70% | 66.23% | 68.48% | 68.34% |
| Terreno Realty Corporation (TRNO)vs › | $6.94B | 65.92% | 64.58% | 64.19% | 67.01% |
| BXP, Inc. (BXP)vs › | $10.18B | 81.75% | 68.92% | 63.34% | 61.60% |
| Camden Property Trust (CPT)vs › | $10.34B | 57.19% | 57.07% | 57.84% | 57.22% |
| UDR, Inc. (UDR)vs › | $11.22B | 58.54% | 58.58% | 65.00% | 66.45% |
Gross Margin
87.7%
EBITDA Margin
85.8%
Operating Margin
48.4%
Net Margin
28.9%
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 | 82.10% |
| 2026-03-31 | 82.29% |
| 2025-12-31 | 87.07% |
| 2025-09-30 | 86.12% |
| 2025-06-30 | 85.16% |
| 2025-03-31 | 84.53% |
| 2024-12-31 | 87.26% |
| 2024-09-30 | 86.98% |
| 2024-06-30 | 92.23% |
| 2024-03-31 | 85.15% |
| 2023-12-31 | 85.95% |
| 2023-09-30 | 85.51% |
| 2023-06-30 | 87.06% |
| 2023-03-31 | 86.69% |
| 2022-12-31 | 89.14% |
| 2022-09-30 | 91.62% |
| 2022-06-30 | 88.29% |
| 2022-03-31 | 89.16% |
| 2021-12-31 | 88.89% |
| 2021-09-30 | 92.98% |
| 2021-06-30 | 95.17% |
| 2021-03-31 | 88.89% |
| 2020-12-31 | 84.53% |
| 2020-09-30 | 83.33% |
| 2020-06-30 | 84.43% |
| 2020-03-31 | 85.28% |
| 2019-12-31 | 86.68% |
| 2019-09-30 | 87.36% |
| 2019-06-30 | 83.45% |
| 2019-03-31 | 84.11% |
| 2018-12-31 | 65.84% |
| 2018-09-30 | 87.17% |
| 2018-06-30 | 82.52% |
| 2018-03-31 | 85.54% |
| 2017-12-31 | 82.14% |
| 2017-09-30 | 81.13% |
| 2017-06-30 | 106.60% |
| 2017-03-31 | 80.24% |
| 2016-12-31 | 82.96% |
| 2016-09-30 | 84.17% |
| 2016-06-30 | 79.07% |
| 2016-03-31 | 80.70% |
| 2015-12-31 | 79.26% |
| 2015-09-30 | 81.47% |
| 2015-06-30 | 82.32% |
| 2015-03-31 | 80.79% |
| 2014-12-31 | 82.04% |
| 2014-09-30 | 79.72% |
| 2014-06-30 | 57.07% |
| 2014-03-31 | 78.43% |
| 2013-12-31 | 90.27% |
| 2013-09-30 | 78.96% |
| 2013-06-30 | 78.96% |
| 2013-03-31 | 78.87% |
| 2012-12-31 | 76.14% |
| 2012-09-30 | 80.00% |
| 2012-06-30 | 76.42% |
| 2012-03-31 | 75.29% |
| 2011-12-31 | 705.13% |
| 2011-09-30 | 71.12% |
| 2011-06-30 | 72.22% |
| 2011-03-31 | 73.93% |
| 2010-12-31 | -15.70% |
| 2010-09-30 | 77.54% |
| 2010-06-30 | 77.15% |
| 2010-03-31 | 76.84% |
| 2009-12-31 | 77.06% |
| 2009-09-30 | 77.20% |
| 2009-06-30 | 78.26% |
| 2009-03-31 | 74.25% |
| 2008-12-31 | 75.47% |
| 2008-09-30 | 77.26% |
| 2008-06-30 | 76.43% |
| 2008-03-31 | 73.93% |
| 2007-12-31 | 72.07% |
| 2007-09-30 | 77.08% |
| 2007-06-30 | 76.11% |
| 2007-03-31 | 75.33% |
| 2006-12-31 | 77.76% |
| 2006-09-30 | 75.23% |
| 2006-06-30 | 75.15% |
| 2006-03-31 | 73.37% |
| 2005-12-31 | 67.09% |
| 2005-09-30 | 76.51% |
| 2005-06-30 | 76.12% |
| 2005-03-31 | 73.27% |
| 2004-12-31 | 75.76% |
| 2004-09-30 | 78.91% |
| 2004-06-30 | 76.77% |
| 2004-03-31 | 73.60% |
| 2003-12-31 | 83.69% |
| 2003-09-30 | 76.71% |
| 2003-06-30 | 77.57% |
| 2003-03-31 | 74.45% |
| 2002-12-31 | 77.08% |
| 2002-09-30 | 82.02% |
