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 37.34% is 15% above its 5-year average of 32.47%, near the high end of its 5-year range (4.54%–46.21%).
4.90% above its 12-month average of 35.60%.
Reported quarterly EBITDA margin; no daily interpolation.
EBITDA MARGIN
37.34%
EBITDA MARGIN AVG TTM
35.60%
EBITDA MARGIN AVG 3Y
33.29%
EBITDA MARGIN AVG 5Y
32.47%
EBITDA MARGIN AVG 10Y
32.92%
EBITDA MARGIN AVG 15Y
34.39%
EBITDA MARGIN AVG 20Y
29.75%
CURRENT VS TTM AVG
+4.90%
CURRENT VS 3Y AVG
+12.15%
CURRENT VS 5Y AVG
+14.98%
CURRENT VS 10Y AVG
+13.43%
CURRENT VS 15Y AVG
+8.59%
CURRENT VS 20Y AVG
+25.50%
Booking Holdings Inc.
Market Cap
$133.87B
EBITDA Margin
37.34%
TTM Avg
35.60%
3Y Avg
33.29%
5Y Avg
32.47%
Market Cap
$140.25B
EBITDA Margin
13.96%
TTM Avg
13.55%
3Y Avg
12.77%
5Y Avg
11.20%
Market Cap
$114.57B
EBITDA Margin
14.16%
TTM Avg
16.76%
3Y Avg
18.23%
5Y Avg
17.99%
Market Cap
$112.11B
EBITDA Margin
22.25%
TTM Avg
24.98%
3Y Avg
24.74%
5Y Avg
15.54%
Market Cap
$111.56B
EBITDA Margin
14.31%
TTM Avg
14.59%
3Y Avg
14.32%
5Y Avg
14.06%
Market Cap
$95.04B
EBITDA Margin
13.06%
TTM Avg
14.35%
3Y Avg
15.11%
5Y Avg
12.57%
Market Cap
$172.82B
EBITDA Margin
45.89%
TTM Avg
46.00%
3Y Avg
46.39%
5Y Avg
45.25%
Market Cap
$93.88B
EBITDA Margin
13.00%
TTM Avg
13.93%
3Y Avg
12.81%
5Y Avg
12.07%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Booking Holdings Inc. (BKNG) | $133.87B | 37.34% | 35.60% | 33.29% | 32.47% |
| The TJX Companies, Inc. (TJX)vs › | $140.25B | 13.96% | 13.55% | 12.77% | 11.20% |
| Starbucks Corporation (SBUX)vs › | $114.57B | 14.16% | 16.76% | 18.23% | 17.99% |
| PDD Holdings Inc. (PDD)vs › | $112.11B | 22.25% | 24.98% | 24.74% | 15.54% |
| Lowe's Companies, Inc. (LOW)vs › | $111.56B | 14.31% | 14.59% | 14.32% | 14.06% |
| Airbnb, Inc. (ABNB)vs › | $100.97B | 21.94% | 22.76% | 20.92% | -1.57% |
| MercadoLibre, Inc. (MELI)vs › | $95.04B | 13.06% | 14.35% | 15.11% | 12.57% |
| Hermes International Societe en commandite par actions Unsponsored ADR (HESAY)vs › | $172.82B | 45.89% | 46.00% | 46.39% | 45.25% |
| BYD Company Limited (BYDDY)vs › | $93.88B | 13.00% | 13.93% | 12.81% | 12.07% |
| McDonald's Corporation (MCD)vs › | $180.61B | 54.12% | 53.70% | 52.33% | 51.54% |
Gross Margin
100.0%
EBITDA Margin
37.3%
Operating Margin
34.5%
Net Margin
25.5%
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 | 35.76% |
| 2026-03-31 | 25.34% |
| 2025-12-31 | 34.98% |
| 2025-09-30 | 45.95% |
| 2025-06-30 | 35.95% |
| 2025-03-31 | 26.17% |
| 2024-12-31 | 35.31% |
| 2024-09-30 | 42.14% |
| 2024-06-30 | 34.77% |
| 2024-03-31 | 21.93% |
| 2023-12-31 | 16.39% |
| 2023-09-30 | 44.57% |
| 2023-06-30 | 33.56% |
| 2023-03-31 | 16.17% |
| 2022-12-31 | 37.24% |
| 2022-09-30 | 45.08% |
| 2022-06-30 | 26.76% |
| 2022-03-31 | 12.02% |
| 2021-12-31 | 33.18% |
| 2021-09-30 | 46.21% |
| 2021-06-30 | 4.54% |
| 2021-03-31 | -13.41% |
| 2020-12-31 | 0.65% |
| 2020-09-30 | 18.03% |
| 2020-06-30 | -51.90% |
| 2020-03-31 | -6.38% |
| 2019-12-31 | 39.95% |
| 2019-09-30 | 50.18% |
| 2019-06-30 | 36.60% |
| 2019-03-31 | 25.17% |
| 2018-12-31 | 38.96% |
| 2018-09-30 | 48.55% |
| 2018-06-30 | 37.55% |
| 2018-03-31 | 28.45% |
| 2017-12-31 | 38.67% |
| 2017-09-30 | 49.56% |
| 2017-06-30 | 32.37% |
| 2017-03-31 | 26.45% |
| 2016-12-31 | 37.05% |
| 2016-09-30 | 24.71% |
| 2016-06-30 | 31.70% |
| 2016-03-31 | 29.01% |
| 2015-12-31 | 36.43% |
| 2015-09-30 | 50.20% |
| 2015-06-30 | 32.71% |
| 2015-03-31 | 27.11% |
| 2014-12-31 | 35.35% |
| 2014-09-30 | 48.66% |
| 2014-06-30 | 36.42% |
| 2014-03-31 | 29.06% |
| 2013-12-31 | 34.91% |
| 2013-09-30 | 47.70% |
| 2013-06-30 | 34.57% |
| 2013-03-31 | 25.26% |
| 2012-12-31 | 32.92% |
| 2012-09-30 | 45.22% |
| 2012-06-30 | 35.73% |
| 2012-03-31 | 24.81% |
| 2011-12-31 | 32.05% |
| 2011-09-30 | 43.39% |
| 2011-06-30 | 30.68% |
| 2011-03-31 | 20.58% |
| 2010-12-31 | 27.78% |
| 2010-09-30 | 35.09% |
| 2010-06-30 | 24.09% |
| 2010-03-31 | 16.72% |
| 2009-12-31 | 23.60% |
| 2009-09-30 | 28.86% |
| 2009-06-30 | 19.73% |
| 2009-03-31 | 11.30% |
| 2008-12-31 | 14.60% |
| 2008-09-30 | 24.72% |
| 2008-06-30 | 17.90% |
| 2008-03-31 | 10.51% |
| 2007-12-31 | 16.64% |
| 2007-09-30 | 21.09% |
| 2007-06-30 | 16.12% |
| 2007-03-31 | -7.45% |
| 2006-12-31 | 8.60% |
| 2006-09-30 | 13.06% |
| 2006-06-30 | 9.13% |
| 2006-03-31 | 3.07% |
| 2005-12-31 | 7.11% |
| 2005-09-30 | 8.22% |
| 2005-06-30 | 6.59% |
| 2005-03-31 | 4.86% |
| 2004-12-31 | 4.72% |
| 2004-09-30 | 5.90% |
| 2004-06-30 | 5.62% |
| 2004-03-31 | 3.17% |
| 2003-12-31 | 2.04% |
| 2003-09-30 | 4.42% |
| 2003-06-30 | 3.74% |
| 2003-03-31 | -2.15% |
| 2002-12-31 | -1.81% |
| 2002-09-30 | -8.41% |