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 43.35% is in line with its 5-year average of 47.65%, around the middle of its 5-year range (31.94%–56.48%).
0.93% above its 12-month average of 42.95%.
Reported quarterly EBITDA margin; no daily interpolation. Q2 FY2026 (2026-06-30): 53.59%.
EBITDA MARGIN
43.35%
EBITDA MARGIN AVG TTM
42.95%
EBITDA MARGIN AVG 3Y
46.54%
EBITDA MARGIN AVG 5Y
47.65%
EBITDA MARGIN AVG 10Y
40.19%
EBITDA MARGIN AVG 15Y
42.81%
EBITDA MARGIN AVG 20Y
48.46%
CURRENT VS TTM AVG
+0.93%
CURRENT VS 3Y AVG
-6.86%
CURRENT VS 5Y AVG
-9.03%
CURRENT VS 10Y AVG
+7.87%
CURRENT VS 15Y AVG
+1.26%
CURRENT VS 20Y AVG
-10.55%
Devon Energy Corporation
Market Cap
$51.76B
EBITDA Margin
43.35%
TTM Avg
42.95%
3Y Avg
46.54%
5Y Avg
47.65%
Market Cap
$52.51B
EBITDA Margin
66.26%
TTM Avg
66.00%
3Y Avg
72.45%
5Y Avg
36.66%
Market Cap
$56.55B
EBITDA Margin
52.63%
TTM Avg
51.12%
3Y Avg
51.60%
5Y Avg
48.95%
Market Cap
$57.41B
EBITDA Margin
17.11%
TTM Avg
16.67%
3Y Avg
15.47%
5Y Avg
13.88%
Market Cap
$59.64B
EBITDA Margin
28.96%
TTM Avg
27.64%
3Y Avg
23.59%
5Y Avg
22.60%
Market Cap
$61.19B
EBITDA Margin
62.45%
TTM Avg
62.36%
3Y Avg
63.05%
5Y Avg
63.29%
Market Cap
$38.36B
EBITDA Margin
25.45%
TTM Avg
25.87%
3Y Avg
20.37%
5Y Avg
15.51%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Devon Energy Corporation (DVN) | $51.76B | 43.35% | 42.95% | 46.54% | 47.65% |
| Diamondback Energy, Inc. (FANG)vs › | $52.51B | 66.26% | 66.00% | 72.45% | 36.66% |
| ONEOK, Inc. (OKE)vs › | $55.85B | 25.22% | 26.84% | 24.27% | 24.42% |
| Occidental Petroleum Corporation (OXY)vs › | $56.55B | 52.63% | 51.12% | 51.60% | 48.95% |
| Baker Hughes Company (BKR)vs › | $57.41B | 17.11% | 16.67% | 15.47% | 13.88% |
| MPLX Lp (MPLX)vs › | $57.64B | 51.73% | 55.99% | 57.21% | 50.48% |
| Targa Resources Corp. (TRGP)vs › | $59.64B | 28.96% | 27.64% | 23.59% | 22.60% |
| TC Energy Corporation (TRP)vs › | $61.19B | 62.45% | 62.36% | 63.05% | 63.29% |
| Cameco Corporation (CCJ)vs › | $38.36B | 25.45% | 25.87% | 20.37% | 15.51% |
| Kinder Morgan, Inc. (KMI)vs › | $68.47B | 42.86% | 43.78% | 40.73% | 42.06% |
Gross Margin
25.6%
EBITDA Margin
43.4%
Operating Margin
23.9%
Net Margin
16.7%
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 |
|---|---|
| 2026-06-30 | 53.59% |
| 2026-03-31 | 31.94% |
| 2025-12-31 | 42.00% |
| 2025-09-30 | 42.97% |
| 2025-06-30 | 44.23% |
| 2025-03-31 | 44.12% |
| 2024-12-31 | 43.47% |
| 2024-09-30 | 49.58% |
| 2024-06-30 | 48.61% |
| 2024-03-31 | 44.19% |
| 2023-12-31 | 52.35% |
| 2023-09-30 | 47.58% |
| 2023-06-30 | 45.80% |
| 2023-03-31 | 50.12% |
| 2022-12-31 | 51.43% |
| 2022-09-30 | 56.48% |
| 2022-06-30 | 55.05% |
| 2022-03-31 | 46.35% |
| 2021-12-31 | 53.22% |
| 2021-09-30 | 47.35% |
| 2021-06-30 | 34.55% |
| 2021-03-31 | 30.88% |
| 2020-12-31 | 23.83% |
| 2020-09-30 | 19.12% |
| 2020-06-30 | -75.89% |
| 2020-03-31 | 46.81% |
| 2019-12-31 | 25.98% |
| 2019-09-30 | 36.83% |
| 2019-06-30 | 37.43% |
| 2019-03-31 | -8.62% |
| 2018-12-31 | 48.14% |
| 2018-09-30 | 18.00% |
| 2018-06-30 | 8.84% |
| 2018-03-31 | 24.29% |
| 2017-12-31 | 8.71% |
| 2017-09-30 | 36.01% |
| 2017-06-30 | 42.08% |
| 2017-03-31 | 34.75% |
| 2016-12-31 | 35.93% |
| 2016-09-30 | 64.50% |
| 2016-06-30 | -40.72% |
| 2016-03-31 | -139.13% |
| 2015-12-31 | -165.77% |
| 2015-09-30 | -130.52% |
| 2015-06-30 | -104.60% |
| 2015-03-31 | -139.82% |
| 2014-12-31 | 22.85% |
| 2014-09-30 | 49.03% |
| 2014-06-30 | 57.69% |
| 2014-03-31 | 38.36% |
| 2013-12-31 | 49.92% |
| 2013-09-30 | 52.47% |
| 2013-06-30 | 57.45% |
| 2013-03-31 | -58.50% |
| 2012-12-31 | 56.43% |
| 2012-09-30 | 42.09% |
| 2012-06-30 | 61.00% |
| 2012-03-31 | 55.59% |
| 2011-12-31 | 52.19% |
| 2011-09-30 | 81.98% |
| 2011-06-30 | 73.32% |
| 2011-03-31 | 49.76% |
| 2010-12-31 | 121.60% |
| 2010-09-30 | 64.18% |
| 2010-06-30 | 58.16% |
| 2010-03-31 | 82.46% |
| 2009-12-31 | -285.88% |
| 2009-09-30 | 51.89% |
| 2009-06-30 | 44.07% |
| 2009-03-31 | -285.58% |
| 2008-12-31 | -324.21% |
| 2008-09-30 | 76.66% |
| 2008-06-30 | 58.77% |
| 2008-03-31 | 91.87% |
| 2007-12-31 | 65.37% |
| 2007-09-30 | 65.04% |
| 2007-06-30 | 65.82% |
| 2007-03-31 | 104.00% |
| 2006-12-31 | 58.96% |
| 2006-09-30 | 65.75% |
| 2006-06-30 | 70.85% |
| 2006-03-31 | 65.92% |
| 2005-12-31 | 64.05% |
| 2005-09-30 | 71.75% |
| 2005-06-30 | 67.59% |
| 2005-03-31 | 64.82% |
| 2004-12-31 | 65.80% |
| 2004-09-30 | 66.43% |
| 2004-06-30 | 65.80% |
| 2004-03-31 | 65.10% |
| 2003-12-31 | 64.17% |
| 2003-09-30 | 63.76% |
| 2003-06-30 | 60.78% |
| 2003-03-31 | 60.20% |
| 2002-12-31 | 39.90% |
| 2002-09-30 | 56.45% |
