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 32.01% is 14% above its 5-year average of 28.04%, near the high end of its 5-year range (22.55%–35.15%).
As of the fiscal period ended Tuesday, March 31, 2026. 14.81% above its 12-month average of 27.88%.
Reported quarterly EBITDA margin; no daily interpolation.
EBITDA MARGIN
32.01%
EBITDA MARGIN AVG TTM
27.88%
EBITDA MARGIN AVG 3Y
27.12%
EBITDA MARGIN AVG 5Y
28.04%
EBITDA MARGIN AVG 10Y
29.24%
EBITDA MARGIN AVG 15Y
28.41%
EBITDA MARGIN AVG 20Y
28.24%
CURRENT VS TTM AVG
+14.81%
CURRENT VS 3Y AVG
+18.04%
CURRENT VS 5Y AVG
+14.15%
CURRENT VS 10Y AVG
+9.47%
CURRENT VS 15Y AVG
+12.67%
CURRENT VS 20Y AVG
+13.38%
The AES Corporation
Market Cap
$10.48B
EBITDA Margin
32.01%
TTM Avg
27.88%
3Y Avg
27.12%
5Y Avg
28.04%
Market Cap
$9.92B
EBITDA Margin
51.21%
TTM Avg
51.91%
3Y Avg
56.42%
5Y Avg
63.40%
Market Cap
$12.45B
EBITDA Margin
39.10%
TTM Avg
38.75%
3Y Avg
37.27%
5Y Avg
38.38%
Market Cap
$8.31B
EBITDA Margin
74.25%
TTM Avg
73.78%
3Y Avg
100.67%
5Y Avg
90.89%
Market Cap
$15.13B
EBITDA Margin
14.93%
TTM Avg
21.29%
3Y Avg
24.44%
5Y Avg
21.86%
Market Cap
$5.56B
EBITDA Margin
35.55%
TTM Avg
35.95%
3Y Avg
32.71%
5Y Avg
33.74%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The AES Corporation (AES) | $10.48B | 32.01% | 27.88% | 27.12% | 28.04% |
| Brookfield Renewable Partners L.P. (BEP)vs › | $9.92B | 51.21% | 51.91% | 56.42% | 63.40% |
| Pinnacle West Capital Corporation (PNW)vs › | $12.45B | 39.10% | 38.75% | 37.27% | 38.38% |
| Clearway Energy, Inc. (CWEN-A)vs › | $8.31B | 74.25% | 73.78% | 100.67% | 90.89% |
| Oklo Inc. (OKLO)vs › | $7.58B | N/A | N/A | N/A | N/A |
| UGI Corporation (UGI)vs › | $7.56B | 22.89% | 20.61% | 13.15% | 18.87% |
| Talen Energy Corporation (TLN)vs › | $15.13B | 14.93% | 21.29% | 24.44% | 21.86% |
| Black Hills Corporation (BKH)vs › | $5.56B | 35.55% | 35.95% | 32.71% | 33.74% |
| Avista Corporation (AVA)vs › | $3.27B | 32.74% | 31.34% | 29.62% | 30.84% |
| NuScale Power Corporation (SMR)vs › | $2.78B | -2186.82% | -1278.16% | -1419.70% | -6303.29% |
Gross Margin
19.3%
EBITDA Margin
32.0%
Operating Margin
16.5%
Net Margin
10.7%
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 |
|---|---|
| 2026-03-31 | 32.01% |
| 2025-12-31 | 29.47% |
| 2025-09-30 | 27.42% |
| 2025-06-30 | 26.58% |
| 2025-03-31 | 23.92% |
| 2024-12-31 | 22.55% |
| 2024-09-30 | 29.49% |
| 2024-06-30 | 27.26% |
| 2024-03-31 | 27.78% |
| 2023-12-31 | 24.36% |
| 2023-09-30 | 33.17% |
| 2023-06-30 | 23.43% |
| 2023-03-31 | 25.10% |
| 2022-12-31 | 24.51% |
| 2022-09-30 | 30.66% |
| 2022-06-30 | 25.41% |
| 2022-03-31 | 26.29% |
| 2021-12-31 | 28.27% |
| 2021-09-30 | 32.17% |
| 2021-06-30 | 35.15% |
| 2021-03-31 | 33.93% |
| 2020-12-31 | 43.95% |
| 2020-09-30 | 38.51% |
| 2020-06-30 | 33.99% |
| 2020-03-31 | 31.57% |
| 2019-12-31 | 31.78% |
| 2019-09-30 | 35.16% |
| 2019-06-30 | 29.00% |
| 2019-03-31 | 30.00% |
| 2018-12-31 | 31.31% |
| 2018-09-30 | 31.29% |
| 2018-06-30 | 32.51% |
| 2018-03-31 | 31.30% |
| 2017-12-31 | 32.80% |
| 2017-09-30 | 32.86% |
| 2017-06-30 | 33.03% |
| 2017-03-31 | 23.84% |
| 2016-12-31 | 25.18% |
| 2016-09-30 | 26.58% |
| 2016-06-30 | 26.28% |
| 2016-03-31 | 23.84% |
| 2015-12-31 | 25.18% |
| 2015-09-30 | 26.58% |
| 2015-06-30 | 27.46% |
| 2015-03-31 | 25.65% |
| 2014-12-31 | 23.64% |
| 2014-09-30 | 23.28% |
| 2014-06-30 | 25.19% |
| 2014-03-31 | 24.61% |
| 2013-12-31 | 24.18% |
| 2013-09-30 | 29.90% |
| 2013-06-30 | 29.91% |
| 2013-03-31 | 24.67% |
| 2012-12-31 | 26.40% |
| 2012-09-30 | 28.36% |
| 2012-06-30 | 23.60% |
| 2012-03-31 | 29.33% |
| 2011-12-31 | 31.80% |
| 2011-09-30 | 28.91% |
| 2011-06-30 | 27.33% |
| 2011-03-31 | 28.95% |
| 2010-12-31 | 27.25% |
| 2010-09-30 | 29.10% |
| 2010-06-30 | 30.38% |
| 2010-03-31 | 29.95% |
| 2009-12-31 | 27.85% |
| 2009-09-30 | 31.63% |
| 2009-06-30 | 29.44% |
| 2009-03-31 | 30.80% |
| 2008-12-31 | 26.62% |
| 2008-09-30 | 25.61% |
| 2008-06-30 | 28.74% |
| 2008-03-31 | 29.11% |
| 2007-12-31 | 19.38% |
| 2007-09-30 | 27.35% |
| 2007-06-30 | 23.95% |
| 2007-03-31 | 24.91% |
| 2006-12-31 | 13.81% |
| 2006-09-30 | 25.76% |
| 2006-06-30 | 27.57% |
| 2006-03-31 | 30.53% |
| 2005-12-31 | 28.62% |
| 2005-09-30 | 30.74% |
| 2005-06-30 | 18.16% |
| 2005-03-31 | 37.51% |
| 2004-12-31 | 35.16% |
| 2004-09-30 | 37.24% |
| 2004-06-30 | 35.94% |
| 2004-03-31 | 36.82% |
| 2003-12-31 | 31.38% |
| 2003-09-30 | 21.83% |
| 2003-06-30 | 19.84% |
| 2003-03-31 | 28.52% |
| 2002-12-31 | -72.07% |
| 2002-09-30 | 3.69% |
| 2002-06-30 | 17.32% |
