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 37.01% is in line with its 5-year average of 37.31%, around the middle of its 5-year range (32.48%–44.91%).
1.58% above its 12-month average of 36.44%.
Reported quarterly EBITDA margin; no daily interpolation. Q2 FY2026 (2026-06-30): 35.58%.
EBITDA MARGIN
37.01%
EBITDA MARGIN AVG TTM
36.44%
EBITDA MARGIN AVG 3Y
38.05%
EBITDA MARGIN AVG 5Y
37.31%
EBITDA MARGIN AVG 10Y
36.76%
EBITDA MARGIN AVG 15Y
36.10%
EBITDA MARGIN AVG 20Y
34.63%
CURRENT VS TTM AVG
+1.58%
CURRENT VS 3Y AVG
-2.73%
CURRENT VS 5Y AVG
-0.79%
CURRENT VS 10Y AVG
+0.69%
CURRENT VS 15Y AVG
+2.52%
CURRENT VS 20Y AVG
+6.87%
Market Cap
$2.00B
EBITDA Margin
47.23%
TTM Avg
38.76%
3Y Avg
33.48%
5Y Avg
33.11%
Market Cap
$3.23B
EBITDA Margin
11.28%
TTM Avg
9.70%
3Y Avg
5.26%
5Y Avg
5.26%
Market Cap
$1.47B
EBITDA Margin
-0.75%
TTM Avg
0.39%
3Y Avg
-6.72%
5Y Avg
-8.15%
Market Cap
$1.01B
EBITDA Margin
44.62%
TTM Avg
43.48%
3Y Avg
43.58%
5Y Avg
42.90%
Market Cap
$3.94B
EBITDA Margin
-35156.52%
TTM Avg
-35156.52%
3Y Avg
-35156.52%
5Y Avg
-35156.52%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| H2O America (HTO) | $2.46B | 37.01% | 36.44% | 38.05% | 37.31% |
| newcleo plc Ordinary Shares (NWCL)vs › | $2.40B | N/A | N/A | N/A | N/A |
| MGE Energy, Inc. (MGEE)vs › | $2.66B | 38.32% | 37.98% | 35.74% | 34.86% |
| Northwest Natural Holding Company (NWN)vs › | $2.00B | 47.23% | 38.76% | 33.48% | 33.11% |
| Avista Corporation (AVA)vs › | $2.97B | 32.74% | 31.34% | 29.62% | 30.84% |
| SOLV Energy, Inc. Class A Common Stock (MWH)vs › | $3.23B | 11.28% | 9.70% | 5.26% | 5.26% |
| Fluence Energy, Inc. (FLNC)vs › | $1.47B | -0.75% | 0.39% | -6.72% | -8.15% |
| Middlesex Water Company (MSEX)vs › | $1.01B | 44.62% | 43.48% | 43.58% | 42.90% |
| Fervo Energy Company (FRVO)vs › | $3.94B | -35156.52% | -35156.52% | -35156.52% | -35156.52% |
| XPLR Infrastructure, LP (XIFR)vs › | $979.49M | 59.34% | 36.70% | 48.35% | 54.46% |
Gross Margin
46.7%
EBITDA Margin
37.0%
Operating Margin
21.5%
Net Margin
12.9%
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 | 35.58% |
| 2026-03-31 | 38.04% |
| 2025-12-31 | 32.48% |
| 2025-09-30 | 38.82% |
| 2025-06-30 | 37.24% |
| 2025-03-31 | 39.10% |
| 2024-12-31 | 36.85% |
| 2024-09-30 | 38.35% |
| 2024-06-30 | 39.45% |
| 2024-03-31 | 38.05% |
| 2023-12-31 | 37.40% |
| 2023-09-30 | 40.83% |
| 2023-06-30 | 36.86% |
| 2023-03-31 | 37.89% |
| 2022-12-31 | 44.91% |
| 2022-09-30 | 36.16% |
| 2022-06-30 | 34.99% |
| 2022-03-31 | 35.94% |
| 2021-12-31 | 40.24% |
| 2021-09-30 | 34.32% |
| 2021-06-30 | 37.52% |
| 2021-03-31 | 32.24% |
| 2020-12-31 | 34.80% |
| 2020-09-30 | 39.16% |
| 2020-06-30 | 40.21% |
| 2020-03-31 | 32.75% |
| 2019-12-31 | 21.57% |
| 2019-09-30 | 28.83% |
| 2019-06-30 | 36.66% |
| 2019-03-31 | 36.32% |
| 2018-12-31 | 32.15% |
| 2018-09-30 | 32.11% |
| 2018-06-30 | 37.37% |
| 2018-03-31 | 28.64% |
| 2017-12-31 | 32.97% |
| 2017-09-30 | 41.59% |
| 2017-06-30 | 43.53% |
| 2017-03-31 | 35.27% |
| 2016-12-31 | 35.24% |
| 2016-09-30 | 42.62% |
| 2016-06-30 | 47.62% |
| 2016-03-31 | 36.29% |
| 2015-12-31 | 48.25% |
| 2015-09-30 | 34.78% |
| 2015-06-30 | 38.40% |
| 2015-03-31 | 37.61% |
| 2014-12-31 | 36.72% |
| 2014-09-30 | 54.99% |
| 2014-06-30 | 31.29% |
| 2014-03-31 | 29.19% |
| 2013-12-31 | 30.38% |
| 2013-09-30 | 33.46% |
| 2013-06-30 | 35.13% |
| 2013-03-31 | 29.86% |
| 2012-12-31 | 36.36% |
| 2012-09-30 | 35.87% |
| 2012-06-30 | 33.95% |
| 2012-03-31 | 30.14% |
| 2011-12-31 | 41.45% |
| 2011-09-30 | 36.08% |
| 2011-06-30 | 37.20% |
| 2011-03-31 | 31.53% |
| 2010-12-31 | 21.40% |
| 2010-09-30 | 35.54% |
| 2010-06-30 | 34.02% |
| 2010-03-31 | 30.80% |
| 2009-12-31 | 26.15% |
| 2009-09-30 | 26.07% |
| 2009-06-30 | 24.52% |
| 2009-03-31 | 25.00% |
| 2008-12-31 | 27.70% |
| 2008-09-30 | 25.11% |
| 2008-06-30 | 25.84% |
| 2008-03-31 | 28.68% |
| 2007-12-31 | 30.59% |
| 2007-09-30 | 33.31% |
| 2007-06-30 | 31.86% |
| 2007-03-31 | 29.29% |
| 2006-12-31 | 33.23% |
| 2006-09-30 | 36.48% |
| 2006-06-30 | 38.58% |
| 2006-03-31 | 35.16% |
| 2005-12-31 | 31.97% |
| 2005-09-30 | 37.89% |
| 2005-06-30 | 37.16% |
| 2005-03-31 | 35.50% |
| 2004-12-31 | 44.38% |
| 2004-09-30 | 31.34% |
| 2004-06-30 | 33.26% |
| 2004-03-31 | 30.98% |
| 2003-12-31 | 39.61% |
| 2003-09-30 | 31.90% |
| 2003-06-30 | 34.52% |
| 2003-03-31 | 43.86% |
| 2002-12-31 | 28.90% |
| 2002-09-30 | 32.14% |