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 46.72% is 35% above its 5-year average of 34.70%, near the high end of its 5-year range (-58.69%–82.10%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.89% below its 12-month average of 49.12%.
Reported quarterly EBITDA margin; no daily interpolation.
EBITDA MARGIN
46.72%
EBITDA MARGIN AVG TTM
49.12%
EBITDA MARGIN AVG 3Y
39.39%
EBITDA MARGIN AVG 5Y
39.37%
EBITDA MARGIN AVG 10Y
31.26%
EBITDA MARGIN AVG 15Y
32.18%
EBITDA MARGIN AVG 20Y
35.16%
CURRENT VS TTM AVG
-4.89%
CURRENT VS 3Y AVG
+18.60%
CURRENT VS 5Y AVG
+18.67%
CURRENT VS 10Y AVG
+49.45%
CURRENT VS 15Y AVG
+45.20%
CURRENT VS 20Y AVG
+32.90%
Expand Energy Corporation
Market Cap
$21.49B
EBITDA Margin
46.72%
TTM Avg
49.12%
3Y Avg
39.39%
5Y Avg
39.37%
Market Cap
$23.50B
EBITDA Margin
82.02%
TTM Avg
80.98%
3Y Avg
81.95%
5Y Avg
81.39%
Market Cap
$24.72B
EBITDA Margin
63.01%
TTM Avg
61.11%
3Y Avg
65.45%
5Y Avg
62.40%
Market Cap
$26.64B
EBITDA Margin
15.31%
TTM Avg
18.34%
3Y Avg
19.18%
5Y Avg
14.14%
Market Cap
$30.10B
EBITDA Margin
43.35%
TTM Avg
45.00%
3Y Avg
48.01%
5Y Avg
43.87%
Market Cap
$32.38B
EBITDA Margin
43.39%
TTM Avg
42.66%
3Y Avg
51.95%
5Y Avg
51.95%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Expand Energy Corporation (EXE) | $21.49B | 46.72% | 49.12% | 39.39% | 39.37% |
| Texas Pacific Land Corporation (TPL)vs › | $23.50B | 82.02% | 80.98% | 81.95% | 81.39% |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 63.01% | 61.11% | 65.45% | 62.40% |
| Halliburton Company (HAL)vs › | $26.64B | 15.31% | 18.34% | 19.18% | 14.14% |
| Tenaris S.A. (TS)vs › | $28.46B | 24.28% | 24.33% | 27.93% | 22.00% |
| APA Corporation (APA)vs › | $13.30B | 59.20% | 57.67% | 58.61% | 54.84% |
| Devon Energy Corporation (DVN)vs › | $30.10B | 43.35% | 45.00% | 48.01% | 43.87% |
| EQT Corporation (EQT)vs › | $32.33B | 63.36% | 58.95% | 58.45% | 43.37% |
| Venture Global, Inc. (VG)vs › | $32.38B | 43.39% | 42.66% | 51.95% | 51.95% |
| Antero Midstream Corporation (AM)vs › | $10.10B | 67.48% | 70.69% | 72.47% | 62.01% |
Gross Margin
46.5%
EBITDA Margin
46.7%
Operating Margin
17.5%
Net Margin
20.8%
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 | 46.72% |
| 2026-03-31 | 50.99% |
| 2025-12-31 | 43.19% |
| 2025-09-30 | 49.43% |
| 2025-06-30 | 55.29% |
| 2025-03-31 | 20.17% |
| 2024-12-31 | 13.06% |
| 2024-09-30 | 27.86% |
| 2024-06-30 | 10.74% |
| 2024-03-31 | 40.17% |
| 2023-12-31 | 61.08% |
| 2023-09-30 | 30.49% |
| 2023-06-30 | 62.93% |
| 2023-03-31 | 72.82% |
| 2022-12-31 | 65.01% |
| 2022-09-30 | 45.67% |
| 2022-06-30 | 51.21% |
| 2022-03-31 | -58.69% |
| 2021-12-31 | 82.10% |
| 2021-09-30 | -12.40% |
| 2021-06-30 | -29.09% |
| 2021-03-31 | 40.49% |
| 2020-12-31 | 28.06% |
| 2020-09-30 | 6.15% |
| 2020-06-30 | -75.54% |
| 2020-03-31 | -301.94% |
| 2019-12-31 | 22.08% |
| 2019-09-30 | 30.06% |
| 2019-06-30 | 36.20% |
| 2019-03-31 | 15.59% |
| 2018-12-31 | 18.64% |
| 2018-09-30 | 20.14% |
| 2018-06-30 | 13.79% |
| 2018-03-31 | 20.13% |
| 2017-12-31 | 28.23% |
| 2017-09-30 | 17.60% |
| 2017-06-30 | 27.27% |
| 2017-03-31 | 16.67% |
| 2016-12-31 | -3.07% |
| 2016-09-30 | -42.09% |
| 2016-06-30 | -91.06% |
| 2016-03-31 | -41.32% |
| 2015-12-31 | -62.85% |
| 2015-09-30 | -146.15% |
| 2015-06-30 | -138.37% |
| 2015-03-31 | -134.28% |
| 2014-12-31 | 33.76% |
| 2014-09-30 | 33.32% |
| 2014-06-30 | 26.18% |
| 2014-03-31 | 28.52% |
| 2013-12-31 | 21.43% |
| 2013-09-30 | 24.00% |
| 2013-06-30 | 40.39% |
| 2013-03-31 | 27.54% |
| 2012-12-31 | 41.78% |
| 2012-09-30 | -79.63% |
| 2012-06-30 | 41.55% |
| 2012-03-31 | 24.64% |
| 2011-12-31 | 47.89% |
| 2011-09-30 | 49.81% |
| 2011-06-30 | 42.62% |
| 2011-03-31 | 8.81% |
| 2010-12-31 | 38.43% |
| 2010-09-30 | 48.47% |
| 2010-06-30 | 41.70% |
| 2010-03-31 | 56.11% |
| 2009-12-31 | -14.04% |
| 2009-09-30 | 41.63% |
| 2009-06-30 | 46.44% |
| 2009-03-31 | -428.52% |
| 2008-12-31 | -29.62% |
| 2008-09-30 | 80.10% |
| 2008-03-31 | 27.75% |
| 2007-12-31 | 54.72% |
| 2007-09-30 | 61.22% |
| 2007-06-30 | 62.71% |
| 2007-03-31 | 58.04% |
| 2006-12-31 | 65.77% |
| 2006-09-30 | 68.74% |
| 2006-06-30 | 64.71% |
| 2006-03-31 | 66.00% |
| 2005-12-31 | 59.97% |
| 2005-09-30 | 53.67% |
| 2005-06-30 | 61.84% |
| 2005-03-31 | 54.88% |
| 2004-12-31 | 59.21% |
| 2004-09-30 | 57.42% |
| 2004-06-30 | 56.39% |
| 2004-03-31 | 62.98% |
| 2003-12-31 | 59.95% |
| 2003-09-30 | 62.90% |
| 2003-06-30 | 61.85% |
| 2003-03-31 | 61.33% |
| 2002-12-31 | 89.65% |
| 2002-09-30 | 58.84% |