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 15.24% is 33% below its 5-year average of 22.80%, near the low end of its 5-year range (15.24%–31.21%).
As of the fiscal period ended Tuesday, June 30, 2026. 35.53% below its 12-month average of 23.63%.
Reported quarterly EBITDA margin; no daily interpolation.
EBITDA MARGIN
15.24%
EBITDA MARGIN AVG TTM
23.63%
EBITDA MARGIN AVG 3Y
24.09%
EBITDA MARGIN AVG 5Y
22.80%
EBITDA MARGIN AVG 10Y
22.48%
EBITDA MARGIN AVG 15Y
23.06%
EBITDA MARGIN AVG 20Y
22.44%
CURRENT VS TTM AVG
-35.53%
CURRENT VS 3Y AVG
-36.75%
CURRENT VS 5Y AVG
-33.17%
CURRENT VS 10Y AVG
-32.21%
CURRENT VS 15Y AVG
-33.92%
CURRENT VS 20Y AVG
-32.08%
International Business Machines Corporation
Market Cap
$210.71B
EBITDA Margin
15.24%
TTM Avg
23.63%
3Y Avg
24.09%
5Y Avg
22.80%
Market Cap
$197.70B
EBITDA Margin
29.85%
TTM Avg
27.59%
3Y Avg
25.72%
5Y Avg
24.88%
Market Cap
$194.34B
EBITDA Margin
-0.25%
TTM Avg
1.06%
3Y Avg
0.63%
5Y Avg
-1.43%
Market Cap
$227.09B
EBITDA Margin
43.62%
TTM Avg
43.27%
3Y Avg
40.64%
5Y Avg
37.89%
Market Cap
$191.97B
EBITDA Margin
33.57%
TTM Avg
33.57%
3Y Avg
22.68%
5Y Avg
18.20%
Market Cap
$187.80B
EBITDA Margin
29.25%
TTM Avg
15.93%
3Y Avg
13.50%
5Y Avg
13.29%
Market Cap
$179.90B
EBITDA Margin
-16.51%
TTM Avg
-10.09%
3Y Avg
-7.14%
5Y Avg
-7.14%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| International Business Machines Corporation (IBM) | $210.71B | 15.24% | 23.63% | 24.09% | 22.80% |
| SAP SE (SAP)vs › | $213.96B | 29.70% | 23.55% | 23.86% | 25.91% |
| Amphenol Corporation (APH)vs › | $197.70B | 29.85% | 27.59% | 25.72% | 24.88% |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $194.34B | -0.25% | 1.06% | 0.63% | -1.43% |
| Arista Networks, Inc. (ANET)vs › | $227.09B | 43.62% | 43.27% | 40.64% | 37.89% |
| Seagate Technology Holdings plc (STX)vs › | $191.97B | 33.57% | 33.57% | 22.68% | 18.20% |
| Western Digital Corporation (WDC)vs › | $187.80B | 29.25% | 15.93% | 13.50% | 13.29% |
| KLA Corporation (KLAC)vs › | $238.81B | 41.69% | 43.09% | 42.34% | 42.29% |
| Sandisk Corporation (SNDK)vs › | $179.90B | -16.51% | -10.09% | -7.14% | -7.14% |
| Analog Devices, Inc. (ADI)vs › | $178.96B | 44.75% | 44.32% | 46.11% | 44.51% |
Gross Margin
58.4%
EBITDA Margin
15.2%
Operating Margin
17.9%
Net Margin
15.5%
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 | 15.24% |
| 2026-03-31 | 21.95% |
| 2025-12-31 | 31.21% |
| 2025-09-30 | 24.14% |
| 2025-06-30 | 25.63% |
| 2025-03-31 | 20.23% |
| 2024-12-31 | 28.56% |
| 2024-09-30 | 23.02% |
| 2024-06-30 | 22.76% |
| 2024-03-31 | 18.63% |
| 2023-12-31 | 29.61% |
| 2023-09-30 | 21.67% |
| 2023-06-30 | 21.68% |
| 2023-03-31 | 17.61% |
| 2022-12-31 | 27.78% |
| 2022-09-30 | 19.31% |
| 2022-06-30 | 20.64% |
| 2022-03-31 | 17.19% |
| 2021-12-31 | 26.09% |
| 2021-09-30 | 22.79% |
| 2021-06-30 | 23.06% |
| 2021-03-31 | 19.93% |
| 2020-12-31 | 27.98% |
| 2020-09-30 | 23.30% |
| 2020-06-30 | 21.46% |
| 2020-03-31 | 16.06% |
| 2019-12-31 | 27.17% |
| 2019-09-30 | 19.93% |
| 2019-06-30 | 19.12% |
| 2019-03-31 | 19.07% |
| 2018-12-31 | 27.28% |
| 2018-09-30 | 24.55% |
| 2018-06-30 | 21.92% |
| 2018-03-31 | 14.90% |
| 2017-12-31 | 25.73% |
| 2017-09-30 | 23.89% |
| 2017-06-30 | 20.73% |
| 2017-03-31 | 16.49% |
| 2016-12-31 | 28.16% |
| 2016-09-30 | 23.44% |
| 2016-06-30 | 21.65% |
| 2016-03-31 | 13.67% |
| 2015-12-31 | 27.73% |
| 2015-09-30 | 23.69% |
| 2015-06-30 | 24.37% |
| 2015-03-31 | 20.50% |
| 2014-12-31 | 28.46% |
| 2014-09-30 | 25.11% |
| 2014-06-30 | 27.09% |
| 2014-03-31 | 19.59% |
| 2013-12-31 | 29.81% |
| 2013-09-30 | 26.60% |
| 2013-06-30 | 21.31% |
| 2013-03-31 | 20.57% |
| 2012-12-31 | 33.93% |
| 2012-09-30 | 23.43% |
| 2012-06-30 | 24.53% |
| 2012-03-31 | 20.47% |
| 2011-12-31 | 28.08% |
| 2011-09-30 | 23.54% |
| 2011-06-30 | 22.47% |
| 2011-03-31 | 18.94% |
| 2010-12-31 | 27.30% |
| 2010-09-30 | 23.04% |
| 2010-06-30 | 22.99% |
| 2010-03-31 | 17.52% |
| 2009-12-31 | 26.78% |
| 2009-09-30 | 22.92% |
| 2009-06-30 | 22.79% |
| 2009-03-31 | 18.04% |
| 2008-12-31 | 25.53% |
| 2008-09-30 | 20.72% |
| 2008-06-30 | 18.84% |
| 2008-03-31 | 17.65% |
| 2007-12-31 | 27.86% |
| 2007-09-30 | 18.44% |
| 2007-06-30 | 14.91% |
| 2007-03-31 | 13.49% |
| 2006-12-31 | 22.07% |
| 2006-09-30 | 15.73% |
| 2006-06-30 | 15.22% |
| 2006-03-31 | 13.22% |
| 2005-12-31 | 22.04% |
| 2005-09-30 | 18.11% |
| 2005-06-30 | 9.60% |
| 2005-03-31 | 13.72% |
| 2004-12-31 | 20.20% |
| 2004-09-30 | 13.40% |
| 2004-06-30 | 14.25% |
| 2004-03-31 | 13.78% |
| 2003-12-31 | 19.23% |
| 2003-09-30 | 15.70% |
| 2003-06-30 | 16.13% |
| 2003-03-31 | 14.65% |
| 2002-12-31 | 13.27% |
| 2002-09-30 | 16.16% |
