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 32.95% is in line with its 5-year average of 32.43%, near the high end of its 5-year range (13.24%–40.43%).
As of the fiscal period ended Tuesday, June 30, 2026. 5.55% below its 12-month average of 34.89%.
Reported quarterly EBITDA margin; no daily interpolation.
EBITDA MARGIN
32.95%
EBITDA MARGIN AVG TTM
34.89%
EBITDA MARGIN AVG 3Y
29.34%
EBITDA MARGIN AVG 5Y
32.43%
EBITDA MARGIN AVG 10Y
28.40%
EBITDA MARGIN AVG 15Y
27.64%
EBITDA MARGIN AVG 20Y
30.27%
CURRENT VS TTM AVG
-5.55%
CURRENT VS 3Y AVG
+12.31%
CURRENT VS 5Y AVG
+1.61%
CURRENT VS 10Y AVG
+16.04%
CURRENT VS 15Y AVG
+19.22%
CURRENT VS 20Y AVG
+8.85%
Market Cap
$89.76B
EBITDA Margin
20.49%
TTM Avg
20.06%
3Y Avg
19.91%
5Y Avg
20.05%
Market Cap
$82.21B
EBITDA Margin
28.74%
TTM Avg
30.12%
3Y Avg
35.91%
5Y Avg
41.00%
Market Cap
$76.43B
EBITDA Margin
26.60%
TTM Avg
24.95%
3Y Avg
24.24%
5Y Avg
23.28%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GSK plc (GSK) | $100.78B | 32.95% | 34.89% | 29.34% | 32.43% |
| McKesson Corporation (MCK)vs › | $102.88B | 1.78% | 1.58% | 1.64% | 1.66% |
| HCA Healthcare, Inc. (HCA)vs › | $89.76B | 20.49% | 20.06% | 19.91% | 20.05% |
| Elevance Health Inc. (ELV)vs › | $86.56B | 4.85% | 5.33% | 5.81% | 6.32% |
| Medtronic plc (MDT)vs › | $116.18B | 25.92% | 26.11% | 25.62% | 25.51% |
| Regeneron Pharmaceuticals, Inc. (REGN)vs › | $82.21B | 28.74% | 30.12% | 35.91% | 41.00% |
| CVS Health Corp. (CVS)vs › | $120.86B | 3.73% | 3.63% | 4.02% | 4.83% |
| Boston Scientific Corporation (BSX)vs › | $76.43B | 26.60% | 24.95% | 24.24% | 23.28% |
| Cigna Corporation (CI)vs › | $73.30B | 4.28% | 4.40% | 4.95% | 5.27% |
| Bristol-Myers Squibb Company (BMY)vs › | $130.12B | 36.80% | 38.33% | 39.88% | 39.69% |
Gross Margin
72.7%
EBITDA Margin
33.0%
Operating Margin
20.7%
Net Margin
14.5%
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 | 32.95% |
| 2026-03-31 | 36.13% |
| 2025-12-31 | 26.56% |
| 2025-09-30 | 38.97% |
| 2025-06-30 | 39.84% |
| 2025-03-31 | 40.43% |
| 2024-12-31 | 13.65% |
| 2024-09-30 | 14.23% |
| 2024-06-30 | 28.98% |
| 2024-03-31 | 27.69% |
| 2023-12-31 | 14.85% |
| 2023-09-30 | 31.03% |
| 2023-06-30 | 36.12% |
| 2023-03-31 | 39.16% |
| 2022-12-31 | 31.31% |
| 2022-09-30 | 27.42% |
| 2022-06-30 | 28.84% |
| 2022-03-31 | 37.71% |
| 2021-12-31 | 13.24% |
| 2021-09-30 | 34.54% |
| 2021-06-30 | 31.18% |
| 2021-03-31 | 27.69% |
| 2020-12-31 | 37.49% |
| 2020-09-30 | 28.90% |
| 2020-06-30 | 39.93% |
| 2020-03-31 | 24.29% |
| 2019-12-31 | 26.33% |
| 2019-09-30 | 28.34% |
| 2019-06-30 | 28.94% |
| 2019-03-31 | 34.08% |
| 2018-12-31 | 27.34% |
| 2018-09-30 | 29.73% |
| 2018-06-30 | 13.32% |
| 2018-03-31 | 23.79% |
| 2017-12-31 | 5.55% |
| 2017-09-30 | 32.65% |
| 2017-06-30 | 14.58% |
| 2017-03-31 | 27.68% |
| 2016-12-31 | 16.07% |
| 2016-09-30 | 21.51% |
| 2016-06-30 | 3.83% |
| 2016-03-31 | 20.57% |
| 2015-12-31 | 0.48% |
| 2015-09-30 | 20.55% |
| 2015-06-30 | 18.00% |
| 2015-03-31 | 170.81% |
| 2014-12-31 | 13.68% |
| 2014-09-30 | 19.20% |
| 2014-06-30 | 27.19% |
| 2014-03-31 | 29.20% |
| 2013-12-31 | 32.91% |
| 2013-09-30 | 35.33% |
| 2013-06-30 | 29.98% |
| 2013-03-31 | 33.06% |
| 2012-12-31 | 38.67% |
| 2012-09-30 | 29.48% |
| 2012-06-30 | 30.33% |
| 2012-03-31 | 33.95% |
| 2011-12-31 | 30.52% |
| 2011-09-30 | 37.89% |
| 2011-06-30 | 33.38% |
| 2011-03-31 | 32.88% |
| 2010-12-31 | -1.88% |
| 2010-09-30 | 37.05% |
| 2010-06-30 | 7.30% |
| 2010-03-31 | 34.80% |
| 2009-12-31 | 34.11% |
| 2009-09-30 | 37.76% |
| 2009-06-30 | 34.96% |
| 2009-03-31 | 34.20% |
| 2008-12-31 | 26.34% |
| 2008-09-30 | 34.89% |
| 2008-06-30 | 37.91% |
| 2008-03-31 | 39.98% |
| 2007-12-31 | 64.96% |
| 2007-09-30 | 42.12% |
| 2007-06-30 | 38.40% |
| 2007-03-31 | 43.63% |
| 2006-12-31 | 29.72% |
| 2006-09-30 | 41.23% |
| 2006-06-30 | 38.95% |
| 2006-03-31 | 41.39% |
| 2005-12-31 | -78.66% |
| 2005-09-30 | 37.21% |
| 2005-06-30 | 37.73% |
| 2005-03-31 | 37.61% |
| 2004-12-31 | 17.61% |
| 2004-09-30 | 36.88% |
| 2004-06-30 | 36.83% |
| 2004-03-31 | 37.20% |
| 2003-12-31 | 23.76% |
| 2003-09-30 | 37.63% |
| 2003-06-30 | 38.56% |
| 2003-03-31 | 35.30% |
| 2002-12-31 | 27.08% |
| 2002-09-30 | 27.02% |