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 26.67% is in line with its 5-year average of 27.60%, near the low end of its 5-year range (25.41%–30.81%).
As of the fiscal period ended Tuesday, June 30, 2026. 4.84% below its 12-month average of 28.02%.
Reported quarterly EBITDA margin; no daily interpolation.
EBITDA MARGIN
26.67%
EBITDA MARGIN AVG TTM
28.02%
EBITDA MARGIN AVG 3Y
28.33%
EBITDA MARGIN AVG 5Y
27.60%
EBITDA MARGIN AVG 10Y
27.39%
EBITDA MARGIN AVG 15Y
24.86%
EBITDA MARGIN AVG 20Y
23.11%
CURRENT VS TTM AVG
-4.84%
CURRENT VS 3Y AVG
-5.86%
CURRENT VS 5Y AVG
-3.38%
CURRENT VS 10Y AVG
-2.65%
CURRENT VS 15Y AVG
+7.25%
CURRENT VS 20Y AVG
+15.38%
Illinois Tool Works Inc.
Market Cap
$82.56B
EBITDA Margin
26.67%
TTM Avg
28.02%
3Y Avg
28.33%
5Y Avg
27.60%
Market Cap
$81.89B
EBITDA Margin
27.69%
TTM Avg
27.65%
3Y Avg
26.64%
5Y Avg
26.12%
Market Cap
$83.91B
EBITDA Margin
28.03%
TTM Avg
26.46%
3Y Avg
25.30%
5Y Avg
23.99%
Market Cap
$78.14B
EBITDA Margin
50.59%
TTM Avg
49.63%
3Y Avg
48.49%
5Y Avg
49.54%
Market Cap
$77.07B
EBITDA Margin
13.71%
TTM Avg
13.85%
3Y Avg
12.77%
5Y Avg
14.15%
Market Cap
$77.03B
EBITDA Margin
21.25%
TTM Avg
21.88%
3Y Avg
21.71%
5Y Avg
21.49%
Market Cap
$76.95B
EBITDA Margin
49.27%
TTM Avg
48.51%
3Y Avg
49.28%
5Y Avg
48.84%
Market Cap
$88.54B
EBITDA Margin
13.10%
TTM Avg
13.31%
3Y Avg
14.21%
5Y Avg
14.30%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Illinois Tool Works Inc. (ITW) | $82.56B | 26.67% | 28.02% | 28.33% | 27.60% |
| Cintas Corporation (CTAS)vs › | $81.89B | 27.69% | 27.65% | 26.64% | 26.12% |
| Emerson Electric Co. (EMR)vs › | $83.91B | 28.03% | 26.46% | 25.30% | 23.99% |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $78.14B | 50.59% | 49.63% | 48.49% | 49.54% |
| Cummins Inc. (CMI)vs › | $87.51B | 14.76% | 14.44% | 12.57% | 13.19% |
| Northrop Grumman Corporation (NOC)vs › | $77.07B | 13.71% | 13.85% | 12.77% | 14.15% |
| Honeywell International Inc. (HON)vs › | $77.03B | 21.25% | 21.88% | 21.71% | 21.49% |
| Canadian National Railway Company (CNI)vs › | $76.95B | 49.27% | 48.51% | 49.28% | 48.84% |
| United Parcel Service, Inc. (UPS)vs › | $88.54B | 13.10% | 13.31% | 14.21% | 14.30% |
| Norfolk Southern Corporation (NSC)vs › | $75.35B | 44.34% | 43.28% | 41.76% | 43.89% |
Gross Margin
44.2%
EBITDA Margin
26.7%
Operating Margin
26.5%
Net Margin
19.4%
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 | 26.67% |
| 2026-03-31 | 25.85% |
| 2025-12-31 | 28.95% |
| 2025-09-30 | 29.86% |
| 2025-06-30 | 28.79% |
| 2025-03-31 | 27.25% |
| 2024-12-31 | 28.81% |
| 2024-09-30 | 29.15% |
| 2024-06-30 | 28.63% |
| 2024-03-31 | 30.81% |
| 2023-12-31 | 27.29% |
| 2023-09-30 | 28.95% |
| 2023-06-30 | 27.25% |
| 2023-03-31 | 26.65% |
| 2022-12-31 | 27.32% |
| 2022-09-30 | 27.05% |
| 2022-06-30 | 25.65% |
| 2022-03-31 | 25.41% |
| 2021-12-31 | 25.50% |
| 2021-09-30 | 26.69% |
| 2021-06-30 | 27.07% |
| 2021-03-31 | 28.36% |
| 2020-12-31 | 28.43% |
| 2020-09-30 | 27.43% |
| 2020-06-30 | 21.41% |
| 2020-03-31 | 26.80% |
| 2019-12-31 | 26.78% |
| 2019-09-30 | 27.94% |
| 2019-06-30 | 27.10% |
| 2019-03-31 | 26.72% |
| 2018-12-31 | 27.23% |
| 2018-09-30 | 27.79% |
| 2018-06-30 | 27.36% |
| 2018-03-30 | 27.19% |
| 2017-12-31 | 26.67% |
| 2017-09-30 | 29.79% |
| 2017-06-30 | 27.45% |
| 2017-03-31 | 26.59% |
| 2016-12-31 | 25.30% |
| 2016-09-30 | 26.55% |
| 2016-06-30 | 24.69% |
| 2016-03-31 | 23.85% |
| 2015-12-31 | 22.47% |
| 2015-09-30 | 24.39% |
| 2015-06-30 | 22.95% |
| 2015-03-31 | 22.62% |
| 2014-12-31 | 21.29% |
| 2014-09-30 | 22.54% |
| 2014-06-30 | 22.13% |
| 2014-03-31 | 20.43% |
| 2013-12-31 | 19.47% |
| 2013-09-30 | 20.80% |
| 2013-06-30 | 18.18% |
| 2013-03-31 | 18.16% |
| 2012-12-31 | 16.11% |
| 2012-09-30 | 18.51% |
| 2012-06-30 | 18.15% |
| 2012-03-31 | 17.09% |
| 2011-12-31 | 16.58% |
| 2011-09-30 | 17.09% |
| 2011-06-30 | 16.77% |
| 2011-03-31 | 16.84% |
| 2010-12-31 | 15.19% |
| 2010-09-30 | 19.29% |
| 2010-06-30 | 19.39% |
| 2010-03-31 | 17.21% |
| 2009-12-31 | 16.63% |
| 2009-09-30 | 17.73% |
| 2009-06-30 | 11.40% |
| 2009-03-31 | 9.60% |
| 2008-12-31 | 14.91% |
| 2008-09-30 | 19.79% |
| 2008-06-30 | 19.70% |
| 2008-03-31 | 18.16% |
| 2007-12-31 | 19.29% |
| 2007-09-30 | 20.14% |
| 2007-06-30 | 19.91% |
| 2007-03-31 | 18.46% |
| 2006-12-31 | 19.79% |
| 2006-09-30 | 20.73% |
| 2006-06-30 | 21.27% |
| 2006-03-31 | 19.71% |
| 2005-12-31 | 21.12% |
| 2005-09-30 | 21.89% |
| 2005-06-30 | 19.93% |
| 2005-03-31 | 18.75% |
| 2004-12-31 | 20.73% |
| 2004-09-30 | 20.31% |
| 2004-06-30 | 21.97% |
| 2004-03-31 | 20.21% |
| 2003-12-31 | 19.46% |
| 2003-09-30 | 19.79% |
| 2003-06-30 | 20.66% |
| 2003-03-31 | 17.21% |
| 2002-12-31 | 18.44% |
| 2002-09-30 | 19.74% |