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 29.30% is 18% above its 5-year average of 24.84%, around the middle of its 5-year range (14.14%–36.65%).
4.70% below its 12-month average of 30.74%.
Reported quarterly EBITDA margin; no daily interpolation. Q2 FY2026 (2026-06-30): 32.28%.
EBITDA MARGIN
29.30%
EBITDA MARGIN AVG TTM
30.74%
EBITDA MARGIN AVG 3Y
28.16%
EBITDA MARGIN AVG 5Y
24.84%
EBITDA MARGIN AVG 10Y
27.14%
EBITDA MARGIN AVG 15Y
28.23%
EBITDA MARGIN AVG 20Y
29.25%
CURRENT VS TTM AVG
-4.70%
CURRENT VS 3Y AVG
+4.05%
CURRENT VS 5Y AVG
+17.94%
CURRENT VS 10Y AVG
+7.94%
CURRENT VS 15Y AVG
+3.78%
CURRENT VS 20Y AVG
+0.17%
Morningstar, Inc.
Market Cap
$7.34B
EBITDA Margin
29.30%
TTM Avg
30.74%
3Y Avg
28.16%
5Y Avg
24.84%
Market Cap
$7.35B
EBITDA Margin
-45.86%
TTM Avg
-28.30%
3Y Avg
-75.33%
5Y Avg
-61.34%
Market Cap
$7.59B
EBITDA Margin
34.16%
TTM Avg
33.47%
3Y Avg
30.55%
5Y Avg
28.94%
Market Cap
$7.04B
EBITDA Margin
23.26%
TTM Avg
18.88%
3Y Avg
24.96%
5Y Avg
30.90%
Market Cap
$7.74B
EBITDA Margin
43.10%
TTM Avg
43.10%
3Y Avg
43.10%
5Y Avg
43.10%
Market Cap
$7.77B
EBITDA Margin
23.87%
TTM Avg
23.41%
3Y Avg
27.82%
5Y Avg
32.13%
Market Cap
$7.98B
EBITDA Margin
35.99%
TTM Avg
35.52%
3Y Avg
37.10%
5Y Avg
39.02%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Morningstar, Inc. (MORN) | $7.34B | 29.30% | 30.74% | 28.16% | 24.84% |
| TeraWulf Inc. (WULF)vs › | $7.35B | -45.86% | -28.30% | -75.33% | -61.34% |
| Galaxy Digital (GLXY)vs › | $7.43B | 0.99% | 1.38% | 1.38% | 1.38% |
| Kinsale Capital Group, Inc. (KNSL)vs › | $7.59B | 34.16% | 33.47% | 30.55% | 28.94% |
| Valley National Bancorp (VLY)vs › | $7.04B | 23.26% | 18.88% | 24.96% | 30.90% |
| Central Bancompany (CBC)vs › | $7.74B | 43.10% | 43.10% | 43.10% | 43.10% |
| BOK Financial Corporation (BOKF)vs › | $7.77B | 23.87% | 23.41% | 27.82% | 32.13% |
| Commerce Bancshares, Inc. (CBSH)vs › | $7.98B | 35.99% | 35.52% | 37.10% | 39.02% |
| SLM Corporation (SLMBP)vs › | $6.70B | 32.44% | 29.88% | 28.80% | 38.29% |
| PIMCO Dynamic Income Fund (PDI)vs › | $6.60B | 78.88% | 80.75% | 90.30% | 92.24% |
Gross Margin
62.2%
EBITDA Margin
29.3%
Operating Margin
23.5%
Net Margin
16.4%
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 | 32.28% |
| 2026-03-31 | 32.20% |
| 2025-12-31 | 32.24% |
| 2025-09-30 | 28.31% |
| 2025-06-30 | 28.69% |
| 2025-03-31 | 27.74% |
| 2024-12-31 | 36.65% |
| 2024-09-30 | 28.31% |
| 2024-06-30 | 27.56% |
| 2024-03-31 | 25.76% |
| 2023-12-31 | 26.16% |
| 2023-09-30 | 22.62% |
| 2023-06-30 | 17.57% |
| 2023-03-31 | 14.45% |
| 2022-12-31 | 16.91% |
| 2022-09-30 | 14.14% |
| 2022-06-30 | 19.96% |
| 2022-03-31 | 20.57% |
| 2021-12-31 | 24.49% |
| 2021-09-30 | 24.69% |
| 2021-06-30 | 20.41% |
| 2021-03-31 | 26.43% |
| 2020-12-31 | 26.52% |
| 2020-09-30 | 22.42% |
| 2020-06-30 | 28.97% |
| 2020-03-31 | 24.29% |
| 2019-12-31 | 22.08% |
| 2019-09-30 | 26.83% |
| 2019-06-30 | 28.00% |
| 2019-03-31 | 28.20% |
| 2018-12-31 | 28.47% |
| 2018-09-30 | 34.48% |
| 2018-06-30 | 30.59% |
| 2018-03-31 | 28.91% |
| 2017-12-31 | 28.38% |
| 2017-09-30 | 32.45% |
| 2017-06-30 | 29.45% |
| 2017-03-31 | 23.82% |
| 2016-12-31 | 32.33% |
| 2016-09-30 | 31.77% |
| 2016-06-30 | 31.13% |
| 2016-03-31 | 30.66% |
| 2015-12-31 | 33.09% |
| 2015-09-30 | 32.05% |
| 2015-06-30 | 32.66% |
| 2015-03-31 | 31.40% |
| 2014-12-31 | 31.12% |
| 2014-09-30 | 31.02% |
| 2014-06-30 | -6.02% |
| 2014-03-31 | 28.09% |
| 2013-12-31 | 29.77% |
| 2013-09-30 | 32.21% |
| 2013-06-30 | 31.26% |
| 2013-03-31 | 30.74% |
| 2012-12-31 | 29.75% |
| 2012-09-30 | 31.49% |
| 2012-06-30 | 31.18% |
| 2012-03-31 | 25.24% |
| 2011-12-31 | 28.59% |
| 2011-09-30 | 28.00% |
| 2011-06-30 | 30.54% |
| 2011-03-31 | 27.68% |
| 2010-12-31 | 29.02% |
| 2010-09-30 | 28.65% |
| 2010-06-30 | 27.12% |
| 2010-03-31 | 31.09% |
| 2009-12-31 | 26.86% |
| 2009-09-30 | 33.57% |
| 2009-06-30 | 34.75% |
| 2009-03-31 | 36.40% |
| 2008-12-31 | 30.17% |
| 2008-09-30 | 32.22% |
| 2008-06-30 | 36.18% |
| 2008-03-31 | 32.56% |
| 2007-12-31 | 32.81% |
| 2007-09-30 | 33.17% |
| 2007-06-30 | 30.94% |
| 2007-03-31 | 30.09% |
| 2006-12-31 | 28.57% |
| 2006-09-30 | 30.31% |
| 2006-06-30 | 27.83% |
| 2006-03-31 | 30.84% |
| 2005-12-31 | 26.19% |
| 2005-09-30 | 25.59% |
| 2005-06-30 | 26.66% |
| 2005-03-31 | 17.43% |
| 2004-12-31 | 2.19% |
| 2004-09-30 | 14.18% |
| 2004-06-30 | 7.92% |
| 2004-03-31 | 16.14% |
| 2001-09-30 | 295.52% |
| 2001-03-31 | -82.21% |