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 3.73% is 30% below its 5-year average of 5.36%, near the low end of its 5-year range (3.73%–6.88%).
As of the fiscal period ended Tuesday, June 30, 2026. 12.01% below its 12-month average of 4.24%.
Reported quarterly EBITDA margin; no daily interpolation.
EBITDA MARGIN
3.73%
EBITDA MARGIN AVG TTM
4.24%
EBITDA MARGIN AVG 3Y
4.83%
EBITDA MARGIN AVG 5Y
5.36%
EBITDA MARGIN AVG 10Y
6.34%
EBITDA MARGIN AVG 15Y
14.59%
EBITDA MARGIN AVG 20Y
8.00%
CURRENT VS TTM AVG
-12.01%
CURRENT VS 3Y AVG
-22.75%
CURRENT VS 5Y AVG
-30.31%
CURRENT VS 10Y AVG
-41.13%
CURRENT VS 15Y AVG
-74.41%
CURRENT VS 20Y AVG
-53.35%
Market Cap
$69.46B
EBITDA Margin
26.60%
TTM Avg
24.95%
3Y Avg
24.24%
5Y Avg
23.28%
Market Cap
$78.57B
EBITDA Margin
28.74%
TTM Avg
30.12%
3Y Avg
35.91%
5Y Avg
41.00%
Market Cap
$87.16B
EBITDA Margin
20.49%
TTM Avg
20.06%
3Y Avg
19.91%
5Y Avg
20.05%
Market Cap
$60.00B
EBITDA Margin
23.08%
TTM Avg
23.14%
3Y Avg
23.23%
5Y Avg
22.53%
Market Cap
$49.56B
EBITDA Margin
29.55%
TTM Avg
28.88%
3Y Avg
30.96%
5Y Avg
31.73%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cigna Corporation (CI) | $73.82B | 3.73% | 4.24% | 4.83% | 5.36% |
| Boston Scientific Corporation (BSX)vs › | $69.46B | 26.60% | 24.95% | 24.24% | 23.28% |
| Regeneron Pharmaceuticals, Inc. (REGN)vs › | $78.57B | 28.74% | 30.12% | 35.91% | 41.00% |
| Elevance Health Inc. (ELV)vs › | $81.51B | 4.85% | 5.33% | 5.81% | 6.32% |
| Cencora, Inc. (COR)vs › | $60.57B | 1.46% | 1.44% | 1.41% | 1.40% |
| HCA Healthcare, Inc. (HCA)vs › | $87.16B | 20.49% | 20.06% | 19.91% | 20.05% |
| Becton, Dickinson and Company (BDX)vs › | $60.00B | 23.08% | 23.14% | 23.23% | 22.53% |
| Cardinal Health, Inc. (CAH)vs › | $53.87B | 1.38% | 1.12% | 0.75% | 0.28% |
| Edwards Lifesciences Corporation (EW)vs › | $49.56B | 29.55% | 28.88% | 30.96% | 31.73% |
| McKesson Corporation (MCK)vs › | $100.24B | 1.78% | 1.58% | 1.64% | 1.66% |
Gross Margin
6.4%
EBITDA Margin
3.7%
Operating Margin
3.5%
Net Margin
2.3%
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 | 3.73% |
| 2026-03-31 | 4.39% |
| 2025-12-31 | 3.76% |
| 2025-09-30 | 4.70% |
| 2025-06-30 | 4.63% |
| 2025-03-31 | 4.04% |
| 2024-12-31 | 4.29% |
| 2024-09-30 | 5.06% |
| 2024-06-30 | 5.20% |
| 2024-03-31 | 5.23% |
| 2023-12-31 | 5.53% |
| 2023-09-30 | 6.13% |
| 2023-06-30 | 6.13% |
| 2023-03-31 | 5.94% |
| 2022-12-31 | 5.43% |
| 2022-09-30 | 6.33% |
| 2022-06-30 | 6.88% |
| 2022-03-31 | 6.60% |
| 2021-12-31 | 4.99% |
| 2021-09-30 | 6.84% |
| 2021-06-30 | 6.67% |
| 2021-03-31 | 6.52% |
| 2020-12-31 | 4.93% |
| 2020-09-30 | 6.86% |
| 2020-06-30 | 8.49% |
| 2020-03-31 | 7.16% |
| 2019-12-31 | 4.19% |
| 2019-09-30 | 7.87% |
| 2019-06-30 | 7.93% |
| 2019-03-31 | 8.24% |
| 2018-12-31 | 5.64% |
| 2018-09-30 | 11.29% |
| 2018-06-30 | 11.30% |
| 2018-03-31 | 12.69% |
| 2017-12-31 | 39.19% |
| 2017-09-30 | 36.50% |
| 2017-06-30 | 35.63% |
| 2017-03-31 | 35.55% |
| 2016-12-31 | 32.73% |
| 2016-09-30 | 33.98% |
| 2016-06-30 | 33.04% |
| 2016-03-31 | 33.78% |
| 2015-12-31 | 32.71% |
| 2015-09-30 | 34.48% |
| 2015-06-30 | 35.17% |
| 2015-03-31 | 34.36% |
| 2014-12-31 | 34.70% |
| 2014-09-30 | 34.76% |
| 2014-06-30 | 35.31% |
| 2014-03-31 | 35.72% |
| 2013-12-31 | 101.87% |
| 2013-09-30 | 101.81% |
| 2013-06-30 | 12.33% |
| 2013-03-31 | 12.73% |
| 2012-12-31 | 11.72% |
| 2012-09-30 | 1.86% |
| 2012-06-30 | 9.98% |
| 2012-03-31 | 9.94% |
| 2011-12-31 | 10.03% |
| 2011-09-30 | 6.67% |
| 2011-06-30 | 12.26% |
| 2011-03-31 | 12.23% |
| 2010-12-31 | 11.66% |
| 2010-09-30 | 10.25% |
| 2010-06-30 | 9.45% |
| 2010-03-31 | 9.28% |
| 2009-12-31 | 12.27% |
| 2009-09-30 | 12.15% |
| 2009-06-30 | 15.73% |
| 2009-03-31 | 7.17% |
| 2008-12-31 | -5.75% |
| 2008-09-30 | 6.10% |
| 2008-06-30 | 9.81% |
| 2008-03-31 | 2.78% |
| 2007-12-31 | 9.76% |
| 2007-09-30 | 12.49% |
| 2007-06-30 | 8.49% |
| 2007-03-31 | 10.68% |
| 2006-12-31 | 9.56% |
| 2006-09-30 | 11.94% |
| 2006-06-30 | 11.25% |
| 2006-03-31 | 14.17% |
| 2005-12-31 | 8.53% |
| 2005-09-30 | 10.96% |
| 2005-06-30 | 11.86% |
| 2005-03-31 | 16.73% |
| 2004-12-31 | 18.75% |
| 2004-09-30 | 12.41% |
| 2004-06-30 | 17.48% |
| 2004-03-31 | 8.24% |
| 2003-12-31 | 10.58% |
| 2003-09-30 | 7.35% |
| 2003-06-30 | -0.50% |
| 2003-03-31 | 7.04% |
| 2002-12-31 | 2.63% |
| 2002-09-30 | -65.28% |