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 25.93% is 12% above its 5-year average of 23.17%, around the middle of its 5-year range (17.19%–31.21%).
2.87% above its 12-month average of 25.21%.
Reported quarterly EBITDA margin; no daily interpolation. Q2 FY2026 (2026-06-30): 23.10%.
EBITDA MARGIN
25.93%
EBITDA MARGIN AVG TTM
25.21%
EBITDA MARGIN AVG 3Y
24.02%
EBITDA MARGIN AVG 5Y
23.17%
EBITDA MARGIN AVG 10Y
22.67%
EBITDA MARGIN AVG 15Y
23.19%
EBITDA MARGIN AVG 20Y
22.53%
CURRENT VS TTM AVG
+2.87%
CURRENT VS 3Y AVG
+7.97%
CURRENT VS 5Y AVG
+11.89%
CURRENT VS 10Y AVG
+14.39%
CURRENT VS 15Y AVG
+11.83%
CURRENT VS 20Y AVG
+15.08%
International Business Machines Corporation
Market Cap
$223.75B
EBITDA Margin
25.93%
TTM Avg
25.21%
3Y Avg
24.02%
5Y Avg
23.17%
Market Cap
$225.09B
EBITDA Margin
61.19%
TTM Avg
61.19%
3Y Avg
13.67%
5Y Avg
6.53%
Market Cap
$238.06B
EBITDA Margin
45.37%
TTM Avg
45.20%
3Y Avg
48.71%
5Y Avg
49.42%
Market Cap
$245.77B
EBITDA Margin
-0.25%
TTM Avg
1.06%
3Y Avg
0.63%
5Y Avg
-1.43%
Market Cap
$201.17B
EBITDA Margin
32.08%
TTM Avg
21.56%
3Y Avg
21.43%
5Y Avg
19.79%
Market Cap
$248.74B
EBITDA Margin
43.62%
TTM Avg
43.27%
3Y Avg
40.64%
5Y Avg
37.89%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| International Business Machines Corporation (IBM) | $223.75B | 25.93% | 25.21% | 24.02% | 23.17% |
| Sandisk Corporation (SNDK)vs › | $225.09B | 61.19% | 61.19% | 13.67% | 6.53% |
| KLA Corporation (KLAC)vs › | $218.62B | 42.41% | 43.45% | 42.52% | 42.41% |
| Texas Instruments Incorporated (TXN)vs › | $238.06B | 45.37% | 45.20% | 48.71% | 49.42% |
| Salesforce, Inc. (CRM)vs › | $205.19B | 30.22% | 29.20% | 24.35% | 21.24% |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $245.77B | -0.25% | 1.06% | 0.63% | -1.43% |
| Marvell Technology, Inc. (MRVL)vs › | $201.17B | 32.08% | 21.56% | 21.43% | 19.79% |
| SAP SE (SAP)vs › | $248.43B | 29.70% | 23.55% | 23.86% | 25.91% |
| Arista Networks, Inc. (ANET)vs › | $248.74B | 43.62% | 43.27% | 40.64% | 37.89% |
| QUALCOMM Incorporated (QCOM)vs › | $194.08B | 31.52% | 30.88% | 32.10% | 32.46% |
Gross Margin
58.4%
EBITDA Margin
25.9%
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 | 23.10% |
| 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% |
