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 32.85% is 15% above its 5-year average of 28.48%, near the high end of its 5-year range (18.49%–38.60%).
5.30% below its 12-month average of 34.69%.
Reported quarterly EBITDA margin; no daily interpolation. Q2 FY2026 (2026-06-30): 35.68%.
EBITDA MARGIN
32.85%
EBITDA MARGIN AVG TTM
34.69%
EBITDA MARGIN AVG 3Y
31.65%
EBITDA MARGIN AVG 5Y
28.48%
EBITDA MARGIN AVG 10Y
22.31%
EBITDA MARGIN AVG 15Y
19.41%
EBITDA MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-5.30%
CURRENT VS 3Y AVG
+3.80%
CURRENT VS 5Y AVG
+15.34%
CURRENT VS 10Y AVG
+47.24%
CURRENT VS 15Y AVG
+69.28%
CURRENT VS 20Y AVG
N/A
Market Cap
$114.89B
EBITDA Margin
-25.93%
TTM Avg
-30.52%
3Y Avg
-33.37%
5Y Avg
-46.76%
Market Cap
$111.50B
EBITDA Margin
-0.81%
TTM Avg
-1.22%
3Y Avg
-4.10%
5Y Avg
-6.50%
Market Cap
$106.02B
EBITDA Margin
20.82%
TTM Avg
24.76%
3Y Avg
26.56%
5Y Avg
26.33%
Market Cap
$102.48B
EBITDA Margin
79.31%
TTM Avg
76.25%
3Y Avg
59.68%
5Y Avg
45.47%
Market Cap
$135.55B
EBITDA Margin
19.30%
TTM Avg
17.98%
3Y Avg
15.08%
5Y Avg
13.85%
Market Cap
$90.59B
EBITDA Margin
18.31%
TTM Avg
17.46%
3Y Avg
18.02%
5Y Avg
18.43%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fortinet, Inc. (FTNT) | $115.35B | 32.85% | 34.69% | 31.65% | 28.48% |
| Snowflake Inc. (SNOW)vs › | $114.89B | -25.93% | -30.52% | -33.37% | -46.76% |
| Cloudflare, Inc. (NET)vs › | $111.50B | -0.81% | -1.22% | -4.10% | -6.50% |
| Accenture plc (ACN)vs › | $107.58B | 18.18% | 17.31% | 16.73% | 17.40% |
| Automatic Data Processing, Inc. (ADP)vs › | $106.02B | 20.82% | 24.76% | 26.56% | 26.33% |
| AppLovin Corporation (APP)vs › | $102.48B | 79.31% | 76.25% | 59.68% | 45.47% |
| Adobe Inc. (ADBE)vs › | $101.31B | 40.07% | 37.70% | 38.53% | 39.27% |
| ServiceNow, Inc. (NOW)vs › | $135.55B | 19.30% | 17.98% | 15.08% | 13.85% |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $90.59B | 18.31% | 17.46% | 18.02% | 18.43% |
| Uber Technologies, Inc. (UBER)vs › | $144.69B | 12.13% | 10.09% | 5.64% | -5.45% |
Gross Margin
80.4%
EBITDA Margin
32.9%
Operating Margin
32.4%
Net Margin
28.2%
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 | 35.68% |
| 2026-03-31 | 38.60% |
| 2025-12-31 | 34.91% |
| 2025-09-30 | 33.87% |
| 2025-06-30 | 30.37% |
| 2025-03-31 | 31.80% |
| 2024-12-31 | 36.70% |
| 2024-09-30 | 33.20% |
| 2024-06-30 | 32.52% |
| 2024-03-31 | 25.85% |
| 2023-12-31 | 29.37% |
| 2023-09-30 | 24.84% |
| 2023-06-30 | 23.70% |
| 2023-03-31 | 23.85% |
| 2022-12-31 | 30.02% |
| 2022-09-30 | 25.39% |
| 2022-06-30 | 21.40% |
| 2022-03-31 | 18.49% |
| 2021-12-31 | 24.93% |
| 2021-09-30 | 21.83% |
| 2021-06-30 | 20.77% |
| 2021-03-31 | 19.56% |
| 2020-12-31 | 24.88% |
| 2020-09-30 | 22.05% |
| 2020-06-30 | 22.12% |
| 2020-03-31 | 23.25% |
| 2019-12-31 | 21.83% |
| 2019-09-30 | 21.09% |
| 2019-06-30 | 17.33% |
| 2019-03-31 | 14.03% |
| 2018-12-31 | 19.68% |
| 2018-09-30 | 16.96% |
| 2018-06-30 | 14.57% |
| 2018-03-31 | 11.43% |
| 2017-12-31 | 13.55% |
| 2017-09-30 | 12.67% |
| 2017-06-30 | 11.69% |
| 2017-03-31 | 5.55% |
| 2016-12-31 | 16.21% |
| 2016-09-30 | 5.86% |
| 2016-06-30 | 2.33% |
| 2016-03-31 | 2.41% |
| 2015-12-31 | 7.50% |
| 2015-09-30 | 2.69% |
| 2015-06-30 | 4.16% |
| 2015-03-31 | 3.41% |
| 2014-12-31 | 11.35% |
| 2014-09-30 | 10.89% |
| 2014-06-30 | 9.58% |
| 2014-03-31 | 10.20% |
| 2013-12-31 | 16.21% |
| 2013-09-30 | 14.52% |
| 2013-06-30 | 11.91% |
| 2013-03-31 | 13.94% |
| 2012-12-31 | 25.49% |
| 2012-09-30 | 21.11% |
| 2012-06-30 | 18.57% |
| 2012-03-31 | 17.74% |
| 2011-12-31 | 23.49% |
| 2011-09-30 | 24.00% |
| 2011-06-30 | 19.84% |
| 2011-03-31 | 20.50% |
| 2010-12-31 | 23.68% |
| 2010-09-30 | 23.01% |
| 2010-06-30 | 14.73% |
| 2010-03-31 | 11.58% |
| 2009-12-31 | 12.82% |
| 2009-09-30 | 16.93% |
| 2009-06-30 | 10.55% |
| 2009-03-31 | 8.45% |
| 2008-12-31 | 12.19% |
| 2008-09-30 | 8.15% |
