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 19.21% is 20% below its 5-year average of 23.92%, near the low end of its 5-year range (10.66%–48.49%).
25.70% below its 12-month average of 25.85%.
Reported quarterly EBITDA margin; no daily interpolation.
EBITDA MARGIN
19.21%
EBITDA MARGIN AVG TTM
25.85%
EBITDA MARGIN AVG 3Y
16.41%
EBITDA MARGIN AVG 5Y
23.92%
EBITDA MARGIN AVG 10Y
25.95%
EBITDA MARGIN AVG 15Y
26.95%
EBITDA MARGIN AVG 20Y
26.64%
CURRENT VS TTM AVG
-25.70%
CURRENT VS 3Y AVG
+17.04%
CURRENT VS 5Y AVG
-19.71%
CURRENT VS 10Y AVG
-25.98%
CURRENT VS 15Y AVG
-28.72%
CURRENT VS 20Y AVG
-27.89%
The Goldman Sachs Group, Inc.
Market Cap
$305.48B
EBITDA Margin
19.21%
TTM Avg
25.85%
3Y Avg
16.41%
5Y Avg
23.92%
Market Cap
$267.74B
EBITDA Margin
23.76%
TTM Avg
24.21%
3Y Avg
24.89%
5Y Avg
26.28%
Market Cap
$220.49B
EBITDA Margin
19.35%
TTM Avg
19.50%
3Y Avg
19.30%
5Y Avg
20.05%
Market Cap
$204.28B
EBITDA Margin
22.54%
TTM Avg
16.96%
3Y Avg
22.06%
5Y Avg
25.70%
Market Cap
$188.45B
EBITDA Margin
46.33%
TTM Avg
40.72%
3Y Avg
39.84%
5Y Avg
41.10%
Market Cap
$171.24B
EBITDA Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Goldman Sachs Group, Inc. (GS) | $305.48B | 19.21% | 25.85% | 16.41% | 23.92% |
| Morgan Stanley (MS)vs › | $341.69B | 23.14% | 22.60% | 23.09% | 28.38% |
| Wells Fargo & Company (WFC)vs › | $267.74B | 23.76% | 24.21% | 24.89% | 26.28% |
| Citigroup Inc. (C)vs › | $235.34B | 14.38% | 13.45% | 15.29% | 20.05% |
| American Express Company (AXP)vs › | $220.49B | 19.35% | 19.50% | 19.30% | 20.05% |
| The Toronto-Dominion Bank (TD)vs › | $204.28B | 22.54% | 16.96% | 22.06% | 25.70% |
| The Charles Schwab Corporation (SCHW)vs › | $188.45B | 46.33% | 40.72% | 39.84% | 41.10% |
| BlackRock, Inc. (BLK)vs › | $171.47B | 32.28% | 36.00% | 36.90% | 37.59% |
| Vanguard FTSE Emerging Markets ETF (VWO)vs › | $171.24B | N/A | N/A | N/A | N/A |
| Bank of America Corporation (BAC)vs › | $441.98B | 20.89% | 18.62% | 20.89% | 24.00% |
Gross Margin
47.5%
EBITDA Margin
19.2%
Operating Margin
24.8%
Net Margin
17.8%
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 | 31.31% |
| 2026-03-31 | 40.52% |
| 2025-12-31 | 21.19% |
| 2025-09-30 | 18.42% |
| 2025-06-30 | 17.83% |
| 2025-03-31 | 19.50% |
| 2024-12-31 | 17.85% |
| 2024-09-30 | 14.62% |
| 2024-06-30 | 14.63% |
| 2024-03-31 | 18.10% |
| 2023-12-31 | 10.66% |
| 2023-09-30 | 14.96% |
| 2023-06-30 | 12.78% |
| 2023-03-31 | 19.55% |
| 2022-12-31 | 10.78% |
| 2022-09-30 | 23.93% |
| 2022-06-30 | 27.46% |
| 2022-03-31 | 35.95% |
| 2021-12-31 | 39.79% |
| 2021-09-30 | 48.49% |
| 2021-06-30 | 44.08% |
| 2021-03-31 | 45.83% |
| 2020-12-31 | 45.39% |
| 2020-09-30 | 37.75% |
| 2020-06-30 | 11.63% |
| 2020-03-31 | 14.66% |
| 2019-12-31 | 20.19% |
| 2019-09-30 | 22.62% |
| 2019-06-30 | 24.92% |
| 2019-03-31 | 23.41% |
| 2018-12-31 | 23.71% |
| 2018-09-30 | 26.07% |
| 2018-06-30 | 26.64% |
| 2018-03-31 | 27.76% |
| 2017-12-31 | 32.42% |
| 2017-09-30 | 29.58% |
| 2017-06-30 | 26.88% |
| 2017-03-31 | 27.26% |
| 2016-12-31 | 35.72% |
| 2016-09-30 | 31.33% |
| 2016-06-30 | 27.89% |
| 2016-03-31 | 23.26% |
| 2015-12-31 | 15.56% |
| 2015-09-30 | 27.87% |
| 2015-06-30 | 18.86% |
| 2015-03-31 | 35.32% |
| 2014-12-31 | 40.20% |
| 2014-09-30 | 37.43% |
| 2014-06-30 | 29.10% |
| 2014-03-31 | 31.34% |
| 2013-12-31 | 38.82% |
| 2013-09-30 | 29.55% |
| 2013-06-30 | 27.86% |
| 2013-03-31 | 31.22% |
| 2012-12-31 | 45.29% |
| 2012-09-30 | 26.56% |
| 2012-06-30 | 21.23% |
| 2012-03-31 | 30.62% |
| 2011-12-31 | 21.97% |
| 2011-09-30 | -6.11% |
| 2011-06-30 | 20.78% |
| 2011-03-31 | 33.97% |
| 2010-12-31 | 40.54% |
| 2010-09-30 | 29.58% |
| 2010-06-30 | 17.94% |
| 2010-03-31 | 38.54% |
| 2009-12-31 | 71.15% |
| 2009-09-25 | 37.76% |
| 2009-06-26 | 36.58% |
| 2009-03-27 | 27.59% |
| 2008-11-28 | -82.02% |
| 2008-08-29 | 9.92% |
| 2008-05-30 | 17.81% |
| 2008-02-29 | 13.34% |
| 2007-11-30 | 25.01% |
| 2007-08-31 | 19.08% |
| 2007-05-25 | 18.24% |
| 2007-02-23 | 23.03% |
| 2006-11-24 | 28.97% |
| 2006-08-25 | 16.35% |
| 2006-05-26 | 21.01% |
| 2006-02-24 | 22.66% |
| 2005-11-25 | 22.19% |
| 2005-08-26 | 21.20% |
| 2005-05-27 | 16.47% |
| 2005-02-25 | 23.51% |
| 2004-11-26 | 25.10% |
| 2004-08-27 | 23.64% |
| 2004-05-28 | 23.93% |
| 2004-02-27 | 27.21% |
| 2003-11-28 | 29.95% |
| 2003-08-29 | 20.12% |
| 2003-05-30 | 20.43% |
| 2003-02-28 | 19.81% |
| 2002-11-29 | 18.19% |
| 2002-08-30 | 16.79% |
