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 46.87% is 15% above its 5-year average of 40.60%, near the high end of its 5-year range (29.75%–48.38%).
As of the fiscal period ended Tuesday, March 31, 2026. 3.02% above its 12-month average of 45.49%.
Reported quarterly EBITDA margin; no daily interpolation.
EBITDA MARGIN
46.87%
EBITDA MARGIN AVG TTM
45.49%
EBITDA MARGIN AVG 3Y
45.18%
EBITDA MARGIN AVG 5Y
40.60%
EBITDA MARGIN AVG 10Y
35.84%
EBITDA MARGIN AVG 15Y
32.87%
EBITDA MARGIN AVG 20Y
29.03%
CURRENT VS TTM AVG
+3.02%
CURRENT VS 3Y AVG
+3.74%
CURRENT VS 5Y AVG
+15.45%
CURRENT VS 10Y AVG
+30.77%
CURRENT VS 15Y AVG
+42.60%
CURRENT VS 20Y AVG
+61.46%
Market Cap
$22.57B
EBITDA Margin
33.69%
TTM Avg
34.99%
3Y Avg
32.42%
5Y Avg
32.66%
Market Cap
$18.28B
EBITDA Margin
42.89%
TTM Avg
42.27%
3Y Avg
40.69%
5Y Avg
40.34%
Market Cap
$26.66B
EBITDA Margin
53.95%
TTM Avg
53.73%
3Y Avg
52.57%
5Y Avg
50.99%
Market Cap
$15.17B
EBITDA Margin
14.93%
TTM Avg
21.29%
3Y Avg
24.44%
5Y Avg
21.86%
Market Cap
$27.69B
EBITDA Margin
38.90%
TTM Avg
39.28%
3Y Avg
36.38%
5Y Avg
34.61%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NiSource Inc (NI) | $21.30B | 46.87% | 45.49% | 45.18% | 40.60% |
| CMS Energy Corporation (CMS)vs › | $22.57B | 33.69% | 34.99% | 32.42% | 32.66% |
| Evergy, Inc. (EVRG)vs › | $19.13B | 45.77% | 45.34% | 43.37% | 42.85% |
| Alliant Energy Corporation (LNT)vs › | $18.28B | 42.89% | 42.27% | 40.69% | 40.34% |
| PPL Corporation (PPL)vs › | $26.49B | 39.21% | 37.91% | 36.12% | 39.53% |
| American Water Works Company, Inc. (AWK)vs › | $26.66B | 53.95% | 53.73% | 52.57% | 50.99% |
| Eversource Energy (ES)vs › | $26.92B | 39.81% | 38.73% | 33.93% | 34.13% |
| Talen Energy Corporation (TLN)vs › | $15.17B | 14.93% | 21.29% | 24.44% | 21.86% |
| CenterPoint Energy, Inc. (CNP)vs › | $27.69B | 38.90% | 39.28% | 36.38% | 34.61% |
| FirstEnergy Corp. (FE)vs › | $27.95B | 29.08% | 29.25% | 28.46% | 29.28% |
Gross Margin
55.9%
EBITDA Margin
46.9%
Operating Margin
27.8%
Net Margin
14.1%
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 |
|---|---|
| 2026-03-31 | 46.87% |
| 2025-12-31 | 43.66% |
| 2025-09-30 | 47.47% |
| 2025-06-30 | 42.84% |
| 2025-03-31 | 46.63% |
| 2024-12-31 | 43.76% |
| 2024-09-30 | 45.32% |
| 2024-06-30 | 45.22% |
| 2024-03-31 | 48.38% |
| 2023-12-31 | 43.59% |
| 2023-09-30 | 43.21% |
| 2023-06-30 | 36.88% |
| 2023-03-31 | 37.53% |
| 2022-12-31 | 34.13% |
| 2022-09-30 | 33.03% |
| 2022-06-30 | 29.75% |
| 2022-03-31 | 42.33% |
| 2021-12-31 | 33.55% |
| 2021-09-30 | 35.02% |
| 2021-06-30 | 33.32% |
| 2021-03-31 | 40.00% |
| 2020-12-31 | 33.16% |
| 2020-09-30 | 30.29% |
| 2020-06-30 | 27.96% |
| 2020-03-31 | 20.71% |
| 2019-12-31 | 10.32% |
| 2019-09-30 | 29.33% |
| 2019-06-30 | 63.48% |
| 2019-03-31 | 29.38% |
| 2018-12-31 | 5.71% |
| 2018-09-30 | -18.70% |
| 2018-06-30 | 26.12% |
| 2018-03-31 | 31.15% |
| 2017-12-31 | 30.10% |
| 2017-09-30 | 27.72% |
| 2017-06-30 | 26.87% |
| 2017-03-31 | 34.95% |
| 2016-12-31 | 28.22% |
| 2016-09-30 | 29.03% |
| 2016-06-30 | 30.65% |
| 2016-03-31 | 35.79% |
| 2015-12-31 | 32.15% |
| 2015-09-30 | 21.51% |
| 2015-06-30 | 21.54% |
| 2015-03-31 | 25.30% |
| 2014-12-31 | 29.92% |
| 2014-09-30 | 19.94% |
| 2014-06-30 | 27.62% |
| 2014-03-31 | 29.41% |
| 2013-12-31 | 30.69% |
| 2013-09-30 | 29.80% |
| 2013-06-30 | 27.82% |
| 2013-03-31 | 31.91% |
| 2012-12-31 | 31.83% |
| 2012-09-30 | 26.45% |
| 2012-06-30 | 33.66% |
| 2012-03-31 | 32.78% |
| 2011-12-31 | 21.81% |
| 2011-09-30 | 26.42% |
| 2011-06-30 | 24.42% |
| 2011-03-31 | 24.43% |
| 2010-12-31 | 22.64% |
| 2010-09-30 | 24.29% |
| 2010-06-30 | 24.83% |
| 2010-03-31 | 23.46% |
| 2009-12-31 | 17.21% |
| 2009-09-30 | 27.33% |
| 2009-06-30 | 25.75% |
| 2009-03-31 | 18.09% |
| 2008-12-31 | 18.29% |
| 2008-09-30 | 17.24% |
| 2008-06-30 | 14.73% |
| 2008-03-31 | 16.18% |
| 2007-12-31 | 15.28% |
| 2007-09-30 | 20.23% |
| 2007-06-30 | 17.77% |
| 2007-03-31 | 19.69% |
| 2006-12-31 | 19.34% |
| 2006-09-30 | 23.69% |
| 2006-06-30 | 20.72% |
| 2006-03-31 | 17.04% |
| 2005-12-31 | 16.99% |
| 2005-09-30 | 20.23% |
| 2005-06-30 | 19.50% |
| 2005-03-31 | 21.60% |
| 2004-12-31 | 23.97% |
| 2004-09-30 | 26.64% |
| 2004-06-30 | 24.03% |
| 2004-03-31 | 23.00% |
| 2003-12-31 | 25.57% |
| 2003-09-30 | 30.79% |
| 2003-06-30 | 24.49% |
| 2003-03-31 | 24.10% |
| 2002-12-31 | 26.70% |
| 2002-09-30 | 30.31% |
| 2002-06-30 | 20.73% |
