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 20.13% is in line with its 5-year average of 21.10%, near the low end of its 5-year range (15.71%–41.01%).
17.49% below its 12-month average of 24.40%.
Reported quarterly EBITDA margin; no daily interpolation.
EBITDA MARGIN
20.13%
EBITDA MARGIN AVG TTM
24.40%
EBITDA MARGIN AVG 3Y
20.01%
EBITDA MARGIN AVG 5Y
21.10%
EBITDA MARGIN AVG 10Y
20.29%
EBITDA MARGIN AVG 15Y
19.41%
EBITDA MARGIN AVG 20Y
19.31%
CURRENT VS TTM AVG
-17.49%
CURRENT VS 3Y AVG
+0.58%
CURRENT VS 5Y AVG
-4.58%
CURRENT VS 10Y AVG
-0.77%
CURRENT VS 15Y AVG
+3.69%
CURRENT VS 20Y AVG
+4.23%
Chevron Corporation
Market Cap
$418.22B
EBITDA Margin
20.13%
TTM Avg
24.40%
3Y Avg
20.01%
5Y Avg
21.10%
Market Cap
$665.85B
EBITDA Margin
18.50%
TTM Avg
18.55%
3Y Avg
19.66%
5Y Avg
17.34%
Market Cap
$116.12B
EBITDA Margin
6.80%
TTM Avg
6.49%
3Y Avg
9.05%
5Y Avg
4.98%
Market Cap
$110.23B
EBITDA Margin
6.09%
TTM Avg
5.56%
3Y Avg
7.87%
5Y Avg
6.11%
Market Cap
$106.16B
EBITDA Margin
35.85%
TTM Avg
50.66%
3Y Avg
46.82%
5Y Avg
44.71%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Chevron Corporation (CVX) | $418.22B | 20.13% | 24.40% | 20.01% | 21.10% |
| Shell plc (SHEL)vs › | $265.76B | 18.64% | 18.59% | 19.15% | 15.61% |
| TotalEnergies SE (TTE)vs › | $200.65B | 18.52% | 18.77% | 20.50% | 20.31% |
| Exxon Mobil Corporation (XOM)vs › | $665.85B | 18.50% | 18.55% | 19.66% | 17.34% |
| ConocoPhillips (COP)vs › | $164.52B | 39.06% | 40.02% | 41.06% | 37.70% |
| Marathon Petroleum Corporation (MPC)vs › | $116.12B | 6.80% | 6.49% | 9.05% | 4.98% |
| Valero Energy Corporation (VLO)vs › | $110.23B | 6.09% | 5.56% | 7.87% | 6.11% |
| Canadian Natural Resources Limited (CNQ)vs › | $106.16B | 35.85% | 50.66% | 46.82% | 44.71% |
| Phillips 66 (PSX)vs › | $103.90B | 5.16% | 4.23% | 5.58% | 4.04% |
| The Williams Companies, Inc. (WMB)vs › | $92.75B | 56.47% | 54.70% | 53.44% | 51.11% |
Gross Margin
31.0%
EBITDA Margin
20.1%
Operating Margin
15.8%
Net Margin
9.9%
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 | 41.01% |
| 2026-03-31 | 19.03% |
| 2025-12-31 | 21.81% |
| 2025-09-30 | 21.06% |
| 2025-06-30 | 19.08% |
| 2025-03-31 | 18.51% |
| 2024-12-31 | 15.71% |
| 2024-09-30 | 18.78% |
| 2024-06-30 | 19.72% |
| 2024-03-31 | 21.62% |
| 2023-12-31 | 18.41% |
| 2023-09-30 | 25.53% |
| 2023-06-30 | 20.91% |
| 2023-03-31 | 23.24% |
| 2022-12-31 | 21.10% |
| 2022-09-30 | 25.56% |
| 2022-06-30 | 25.28% |
| 2022-03-31 | 21.00% |
| 2021-12-31 | 19.20% |
| 2021-09-30 | 24.70% |
| 2021-06-30 | 21.68% |
| 2021-03-31 | 19.47% |
| 2020-12-31 | 2.50% |
| 2020-09-30 | 16.29% |
| 2020-06-30 | -2.40% |
| 2020-03-31 | 23.39% |
| 2019-12-31 | -14.07% |
| 2019-09-30 | 21.29% |
| 2019-06-30 | 22.23% |
| 2019-03-31 | 21.80% |
| 2018-12-31 | 17.96% |
| 2018-09-30 | 23.81% |
| 2018-06-30 | 19.85% |
| 2018-03-31 | 21.84% |
| 2017-12-31 | 9.68% |
| 2017-09-30 | 17.20% |
| 2017-06-30 | 17.81% |
| 2017-03-31 | 17.81% |
| 2016-12-31 | 11.40% |
| 2016-09-30 | 15.30% |
| 2016-06-30 | 12.08% |
| 2016-03-31 | 10.71% |
| 2015-12-31 | 10.71% |
| 2015-09-30 | 17.12% |
| 2015-06-30 | 15.22% |
| 2015-03-31 | 16.78% |
| 2014-12-31 | 15.51% |
| 2014-09-30 | 19.45% |
| 2014-06-30 | 19.55% |
| 2014-03-31 | 19.44% |
| 2013-12-31 | 18.47% |
| 2013-09-30 | 19.19% |
| 2013-06-30 | 18.09% |
| 2013-03-31 | 20.73% |
| 2012-12-31 | 18.12% |
| 2012-09-30 | 19.75% |
| 2012-06-30 | 21.76% |
| 2012-03-31 | 23.27% |
| 2011-12-31 | 6.21% |
| 2011-09-30 | 23.03% |
| 2011-06-30 | 29.59% |
| 2011-03-31 | 21.42% |
| 2010-12-31 | 20.37% |
| 2010-09-30 | 18.65% |
| 2010-06-30 | 28.95% |
| 2010-03-31 | 20.27% |
| 2009-12-31 | 16.91% |
| 2009-09-30 | 17.82% |
| 2009-06-30 | 14.48% |
| 2009-03-31 | 15.31% |
| 2008-12-31 | 21.76% |
| 2008-09-30 | 19.58% |
| 2008-06-30 | 15.32% |
| 2008-03-31 | 16.50% |
| 2007-12-31 | 21.60% |
| 2007-09-30 | 17.24% |
| 2007-06-30 | 20.14% |
| 2007-03-31 | 19.96% |
| 2006-12-31 | 38.25% |
| 2006-09-30 | 25.63% |
| 2006-06-30 | 19.29% |
| 2006-03-31 | 17.56% |
| 2005-12-31 | 29.45% |
| 2005-09-30 | 15.37% |
| 2005-06-30 | 16.34% |
| 2005-03-31 | 15.31% |
| 2004-12-31 | 30.32% |
| 2004-09-30 | 15.88% |
| 2004-06-30 | 18.40% |
| 2004-03-31 | 22.10% |
| 2003-12-31 | 19.23% |
| 2003-09-30 | 18.18% |
| 2003-06-03 | 21.41% |
| 2003-03-31 | 22.38% |
| 2002-12-31 | 18.40% |
| 2002-09-30 | 19.11% |