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 11.60% is in line with its 5-year average of 11.45%, around the middle of its 5-year range (9.75%–13.98%).
1.64% below its 12-month average of 11.79%.
Reported quarterly EBITDA margin; no daily interpolation. Q4 FY2026 (2026-05-31): 12.74%.
EBITDA MARGIN
11.60%
EBITDA MARGIN AVG TTM
11.79%
EBITDA MARGIN AVG 3Y
11.82%
EBITDA MARGIN AVG 5Y
11.45%
EBITDA MARGIN AVG 10Y
11.58%
EBITDA MARGIN AVG 15Y
11.97%
EBITDA MARGIN AVG 20Y
12.04%
CURRENT VS TTM AVG
-1.64%
CURRENT VS 3Y AVG
-1.83%
CURRENT VS 5Y AVG
+1.33%
CURRENT VS 10Y AVG
+0.19%
CURRENT VS 15Y AVG
-3.08%
CURRENT VS 20Y AVG
-3.69%
FedEx Corporation
Market Cap
$68.96B
EBITDA Margin
11.60%
TTM Avg
11.79%
3Y Avg
11.82%
5Y Avg
11.45%
Market Cap
$67.37B
EBITDA Margin
21.25%
TTM Avg
21.88%
3Y Avg
21.71%
5Y Avg
21.49%
Market Cap
$70.75B
EBITDA Margin
44.34%
TTM Avg
43.28%
3Y Avg
41.76%
5Y Avg
43.89%
Market Cap
$72.28B
EBITDA Margin
49.27%
TTM Avg
48.51%
3Y Avg
49.28%
5Y Avg
48.84%
Market Cap
$65.56B
EBITDA Margin
31.64%
TTM Avg
31.44%
3Y Avg
30.27%
5Y Avg
29.85%
Market Cap
$73.08B
EBITDA Margin
13.71%
TTM Avg
13.85%
3Y Avg
12.77%
5Y Avg
14.15%
Market Cap
$64.23B
EBITDA Margin
43.99%
TTM Avg
44.71%
3Y Avg
45.63%
5Y Avg
45.17%
Market Cap
$61.82B
EBITDA Margin
51.32%
TTM Avg
49.86%
3Y Avg
48.41%
5Y Avg
45.67%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| FedEx Corporation (FDX) | $68.96B | 11.60% | 11.79% | 11.82% | 11.45% |
| Honeywell International Inc. (HON)vs › | $67.37B | 21.25% | 21.88% | 21.71% | 21.49% |
| Norfolk Southern Corporation (NSC)vs › | $70.75B | 44.34% | 43.28% | 41.76% | 43.89% |
| Canadian National Railway Company (CNI)vs › | $72.28B | 49.27% | 48.51% | 49.28% | 48.84% |
| Republic Services, Inc. (RSG)vs › | $65.56B | 31.64% | 31.44% | 30.27% | 29.85% |
| Cummins Inc. (CMI)vs › | $72.40B | 14.76% | 14.44% | 12.57% | 13.19% |
| Northrop Grumman Corporation (NOC)vs › | $73.08B | 13.71% | 13.85% | 12.77% | 14.15% |
| United Rentals, Inc. (URI)vs › | $64.23B | 43.99% | 44.71% | 45.63% | 45.17% |
| TransDigm Group Incorporated (TDG)vs › | $61.82B | 51.32% | 49.86% | 48.41% | 45.67% |
| Cintas Corporation (CTAS)vs › | $76.82B | 27.69% | 27.65% | 26.64% | 26.12% |
Gross Margin
22.9%
EBITDA Margin
11.6%
Operating Margin
6.7%
Net Margin
4.7%
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 |
|---|---|
| 2026-05-31 | 12.74% |
| 2026-02-28 | 11.36% |
| 2025-11-30 | 10.42% |
| 2025-08-31 | 10.74% |
| 2025-05-31 | 13.70% |
| 2025-02-28 | 11.45% |
| 2024-11-30 | 11.11% |
| 2024-08-31 | 10.59% |
| 2024-05-31 | 13.98% |
| 2024-02-29 | 11.17% |
| 2023-11-30 | 11.10% |
| 2023-08-31 | 12.27% |
| 2023-05-31 | 12.96% |
| 2023-02-28 | 9.92% |
| 2022-11-30 | 9.90% |
| 2022-08-31 | 9.75% |
| 2022-05-31 | 11.93% |
| 2022-02-28 | 10.35% |
| 2021-11-30 | 10.96% |
| 2021-08-31 | 10.94% |
| 2021-05-31 | 13.04% |
| 2021-02-28 | 9.26% |
| 2020-11-30 | 11.61% |
| 2020-08-31 | 13.02% |
| 2020-05-31 | 10.20% |
| 2020-02-29 | 7.54% |
| 2019-11-30 | 8.78% |
| 2019-08-31 | 10.89% |
| 2019-05-31 | 14.03% |
| 2019-02-28 | 10.38% |
| 2018-11-30 | 11.20% |
| 2018-08-31 | 11.02% |
| 2018-05-31 | 14.50% |
| 2018-02-28 | 9.95% |
| 2017-11-30 | 12.37% |
| 2017-08-31 | 12.21% |
| 2017-05-31 | 16.02% |
| 2017-02-28 | 12.44% |
| 2016-11-30 | 13.16% |
| 2016-08-31 | 14.12% |
| 2016-05-31 | 4.62% |
| 2016-02-29 | 12.07% |
| 2015-11-30 | 14.37% |
| 2015-08-31 | 14.59% |
| 2015-05-31 | -5.48% |
| 2015-02-28 | 13.78% |
| 2014-11-30 | 13.94% |
| 2014-08-31 | 14.02% |
| 2014-05-31 | 15.47% |
| 2014-02-28 | 11.44% |
| 2013-11-30 | 12.93% |
| 2013-08-31 | 13.01% |
| 2013-05-31 | 9.83% |
| 2013-02-28 | 10.85% |
| 2012-11-30 | 11.79% |
| 2012-08-31 | 12.18% |
| 2012-05-31 | 12.71% |
| 2012-02-29 | 12.84% |
| 2011-11-30 | 12.26% |
| 2011-08-31 | 11.84% |
| 2011-05-31 | 13.14% |
| 2011-02-28 | 9.17% |
| 2010-11-30 | 10.08% |
| 2010-08-31 | 11.71% |
| 2010-05-31 | 12.56% |
| 2010-02-28 | 10.39% |
| 2009-11-30 | 12.31% |
| 2009-08-31 | 10.11% |
| 2009-05-31 | -4.50% |
| 2009-02-28 | 8.33% |
| 2008-11-30 | 13.37% |
| 2008-08-31 | 11.25% |
| 2008-05-31 | 3.41% |
| 2008-02-29 | 12.01% |
| 2007-11-30 | 13.38% |
| 2007-08-31 | 13.99% |
| 2007-05-31 | 16.13% |
| 2007-02-28 | 12.69% |
| 2006-11-30 | 14.22% |
| 2006-08-31 | 13.84% |
| 2006-05-31 | 15.66% |
| 2006-02-28 | 13.79% |
| 2005-11-30 | 14.54% |
| 2005-08-31 | 12.35% |
| 2005-05-31 | 14.40% |
| 2005-02-28 | 12.54% |
| 2004-11-30 | 13.13% |
| 2004-08-31 | 13.46% |
| 2004-05-31 | 14.91% |
| 2004-02-29 | 11.75% |
| 2003-11-30 | 8.77% |
| 2003-08-31 | 9.39% |
| 2003-05-31 | 14.27% |
| 2003-02-28 | 35.29% |
| 2002-11-30 | 13.53% |
| 2002-08-31 | 11.42% |
