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 40.73% is 18% above its 5-year average of 34.39%, near the high end of its 5-year range (-0.15%–56.64%).
10.27% below its 12-month average of 45.39%.
Reported quarterly EBITDA margin; no daily interpolation. Q2 FY2026 (2026-06-30): 56.64%.
EBITDA MARGIN
40.73%
EBITDA MARGIN AVG TTM
45.39%
EBITDA MARGIN AVG 3Y
42.99%
EBITDA MARGIN AVG 5Y
34.39%
EBITDA MARGIN AVG 10Y
22.13%
EBITDA MARGIN AVG 15Y
21.54%
EBITDA MARGIN AVG 20Y
25.05%
CURRENT VS TTM AVG
-10.27%
CURRENT VS 3Y AVG
-5.25%
CURRENT VS 5Y AVG
+18.45%
CURRENT VS 10Y AVG
+84.06%
CURRENT VS 15Y AVG
+89.12%
CURRENT VS 20Y AVG
+62.61%
First Solar, Inc.
Market Cap
$19.06B
EBITDA Margin
40.73%
TTM Avg
45.39%
3Y Avg
42.99%
5Y Avg
34.39%
Market Cap
$20.20B
EBITDA Margin
43.07%
TTM Avg
32.51%
3Y Avg
43.35%
5Y Avg
12.15%
Market Cap
$23.65B
EBITDA Margin
82.02%
TTM Avg
80.98%
3Y Avg
81.95%
5Y Avg
81.39%
Market Cap
$25.93B
EBITDA Margin
48.80%
TTM Avg
45.69%
3Y Avg
45.39%
5Y Avg
37.72%
Market Cap
$27.38B
EBITDA Margin
15.31%
TTM Avg
18.34%
3Y Avg
19.18%
5Y Avg
14.14%
Market Cap
$9.94B
EBITDA Margin
67.48%
TTM Avg
70.69%
3Y Avg
72.47%
5Y Avg
62.01%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Solar, Inc. (FSLR) | $19.06B | 40.73% | 45.39% | 42.99% | 34.39% |
| Expand Energy Corporation (EXE)vs › | $20.20B | 43.07% | 32.51% | 43.35% | 12.15% |
| APA Corporation (APA)vs › | $15.19B | 59.20% | 57.67% | 58.61% | 54.84% |
| Texas Pacific Land Corporation (TPL)vs › | $23.65B | 82.02% | 80.98% | 81.95% | 81.39% |
| Nextpower Inc. (NXT)vs › | $12.35B | 20.45% | 21.25% | 18.82% | 15.87% |
| Pembina Pipeline Corporation (PBA)vs › | $25.93B | 48.80% | 45.69% | 45.39% | 37.72% |
| Halliburton Company (HAL)vs › | $27.38B | 15.31% | 18.34% | 19.18% | 14.14% |
| Antero Midstream Corporation (AM)vs › | $9.94B | 67.48% | 70.69% | 72.47% | 62.01% |
| Tenaris S.A. (TS)vs › | $29.85B | 24.28% | 24.33% | 27.93% | 22.00% |
| Venture Global, Inc. (VG)vs › | $31.06B | 43.39% | 42.66% | 51.95% | 51.95% |
Gross Margin
44.0%
EBITDA Margin
40.7%
Operating Margin
33.6%
Net Margin
32.5%
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 | 56.64% |
| 2026-03-31 | 47.18% |
| 2025-12-31 | 40.92% |
| 2025-09-30 | 38.02% |
| 2025-06-30 | 44.21% |
| 2025-03-31 | 40.98% |
| 2024-12-31 | 38.39% |
| 2024-09-30 | 48.80% |
| 2024-06-30 | 46.50% |
| 2024-03-31 | 42.03% |
| 2023-12-31 | 42.08% |
| 2023-09-30 | 43.78% |
| 2023-06-30 | 29.63% |
| 2023-03-31 | 15.84% |
| 2022-12-31 | 2.46% |
| 2022-09-30 | -0.15% |
| 2022-06-30 | 34.04% |
| 2022-03-31 | 2.02% |
| 2021-12-31 | 26.28% |
| 2021-09-30 | 19.98% |
| 2021-06-30 | 27.99% |
| 2021-03-31 | 39.28% |
| 2020-12-31 | 19.27% |
| 2020-09-30 | 28.74% |
| 2020-06-30 | 16.89% |
| 2020-03-31 | 10.89% |
| 2019-12-31 | -4.46% |
| 2019-09-30 | 16.91% |
| 2019-06-30 | 7.07% |
| 2019-03-31 | -5.22% |
| 2018-12-31 | 7.60% |
| 2018-09-30 | 13.74% |
| 2018-06-30 | -23.69% |
| 2018-03-31 | 17.40% |
| 2017-12-31 | -2.74% |
| 2017-09-30 | 21.67% |
| 2017-06-30 | 6.72% |
| 2017-03-31 | 2.80% |
| 2016-12-31 | -230.49% |
| 2016-09-30 | 19.15% |
| 2016-06-30 | 5.55% |
| 2016-03-31 | 27.20% |
| 2015-12-31 | 27.73% |
| 2015-09-30 | 36.39% |
| 2015-06-30 | 13.73% |
| 2015-03-31 | -1.46% |
| 2014-12-31 | 25.80% |
| 2014-09-30 | 16.14% |
| 2014-06-30 | 11.85% |
| 2014-03-31 | 21.05% |
| 2013-12-31 | 16.07% |
| 2013-09-30 | 21.16% |
| 2013-06-30 | 18.38% |
| 2013-03-31 | 15.60% |
| 2012-12-31 | 21.64% |
| 2012-09-30 | 20.37% |
| 2012-06-30 | 21.38% |
| 2012-03-31 | -77.08% |
| 2011-12-31 | -63.09% |
| 2011-09-30 | 28.33% |
| 2011-06-30 | 22.63% |
| 2011-03-31 | 31.32% |
| 2010-12-31 | 34.24% |
| 2010-09-25 | 30.93% |
| 2010-06-26 | 37.28% |
| 2010-03-27 | 40.54% |
| 2009-12-31 | 28.64% |
| 2009-09-30 | 41.05% |
| 2009-07-31 | 44.51% |
| 2009-03-31 | 46.42% |
| 2008-12-31 | 42.32% |
| 2008-09-27 | 42.14% |
| 2008-06-28 | 38.02% |
| 2008-03-29 | 34.12% |
| 2007-12-31 | 42.36% |
| 2007-09-29 | 34.48% |
| 2007-06-30 | 15.32% |
| 2007-03-31 | 14.85% |
| 2006-12-31 | 19.72% |
| 2006-09-30 | 12.50% |
| 2006-06-30 | 100.00% |
| 2006-03-31 | 100.00% |
| 2005-12-31 | -289.17% |
| 2005-09-30 | 100.00% |
| 2005-06-30 | 100.00% |
| 2005-03-31 | 100.00% |
| 2004-12-31 | -796.54% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 100.00% |
| 2004-03-31 | 100.00% |
