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 23.20% is in line with its 5-year average of 22.24%, around the middle of its 5-year range (9.80%–37.57%).
0.63% above its 12-month average of 23.05%.
Reported quarterly EBITDA margin; no daily interpolation. Q2 FY2026 (2026-06-30): 23.98%.
EBITDA MARGIN
23.20%
EBITDA MARGIN AVG TTM
23.05%
EBITDA MARGIN AVG 3Y
19.24%
EBITDA MARGIN AVG 5Y
22.24%
EBITDA MARGIN AVG 10Y
22.39%
EBITDA MARGIN AVG 15Y
29.47%
EBITDA MARGIN AVG 20Y
32.30%
CURRENT VS TTM AVG
+0.63%
CURRENT VS 3Y AVG
+20.57%
CURRENT VS 5Y AVG
+4.33%
CURRENT VS 10Y AVG
+3.62%
CURRENT VS 15Y AVG
-21.28%
CURRENT VS 20Y AVG
-28.17%
Market Cap
$33.72B
EBITDA Margin
11.15%
TTM Avg
12.48%
3Y Avg
17.17%
5Y Avg
17.69%
Market Cap
$31.65B
EBITDA Margin
34.17%
TTM Avg
26.55%
3Y Avg
30.21%
5Y Avg
29.70%
Market Cap
$31.21B
EBITDA Margin
29.37%
TTM Avg
28.05%
3Y Avg
25.76%
5Y Avg
25.99%
Market Cap
$29.47B
EBITDA Margin
32.99%
TTM Avg
41.59%
3Y Avg
35.52%
5Y Avg
33.00%
Market Cap
$23.23B
EBITDA Margin
16.99%
TTM Avg
17.27%
3Y Avg
16.02%
5Y Avg
15.67%
Market Cap
$52.16B
EBITDA Margin
55.40%
TTM Avg
47.59%
3Y Avg
36.95%
5Y Avg
37.73%
Market Cap
$21.18B
EBITDA Margin
16.57%
TTM Avg
16.04%
3Y Avg
5.62%
5Y Avg
9.16%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nutrien Ltd. (NTR) | $37.01B | 23.20% | 23.05% | 19.24% | 22.24% |
| Steel Dynamics, Inc. (STLD)vs › | $33.72B | 11.15% | 12.48% | 17.17% | 17.69% |
| Teck Resources Limited (TECK)vs › | $31.65B | 34.17% | 26.55% | 30.21% | 29.70% |
| Vulcan Materials Company (VMC)vs › | $31.21B | 29.37% | 28.05% | 25.76% | 25.99% |
| Martin Marietta Materials, Inc. (MLM)vs › | $29.47B | 32.99% | 41.59% | 35.52% | 33.00% |
| PPG Industries, Inc. (PPG)vs › | $23.23B | 16.99% | 17.27% | 16.02% | 15.67% |
| AngloGold Ashanti plc (AU)vs › | $52.16B | 55.40% | 47.59% | 36.95% | 37.73% |
| Royal Gold, Inc. (RGLD)vs › | $21.19B | 81.69% | 81.13% | 79.70% | 80.61% |
| International Flavors & Fragrances Inc. (IFF)vs › | $21.18B | 16.57% | 16.04% | 5.62% | 9.16% |
| Dow Inc. (DOW)vs › | $20.75B | 7.74% | 9.64% | 11.25% | 12.98% |
Gross Margin
31.0%
EBITDA Margin
23.2%
Operating Margin
14.7%
Net Margin
8.4%
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 | 23.98% |
| 2026-03-31 | 18.41% |
| 2025-12-31 | 25.06% |
| 2025-09-30 | 24.87% |
| 2025-06-30 | 22.95% |
| 2025-03-31 | 15.63% |
| 2024-12-31 | 20.89% |
| 2024-09-30 | 16.14% |
| 2024-06-30 | 14.08% |
| 2024-03-31 | 18.26% |
| 2023-12-31 | 18.22% |
| 2023-09-30 | 9.80% |
| 2023-06-30 | 21.85% |
| 2023-03-31 | 23.50% |
| 2022-12-31 | 30.00% |
| 2022-09-30 | 29.78% |
| 2022-06-30 | 37.57% |
| 2022-03-31 | 32.13% |
| 2021-12-31 | 31.98% |
| 2021-09-30 | 25.66% |
| 2021-06-30 | 21.55% |
| 2021-03-31 | 16.27% |
| 2020-12-31 | 21.99% |
| 2020-09-30 | -5.25% |
| 2020-06-30 | 19.64% |
| 2020-03-31 | 13.98% |
| 2019-12-31 | 14.09% |
| 2019-09-30 | 18.83% |
| 2019-06-30 | 20.49% |
| 2019-03-31 | 16.03% |
| 2018-12-31 | 25.09% |
| 2018-09-30 | -23.36% |
| 2018-06-30 | 18.59% |
| 2018-03-31 | 13.28% |
| 2017-12-31 | -16.19% |
| 2017-09-30 | 22.69% |
| 2017-06-30 | 28.30% |
| 2017-03-31 | 31.21% |
| 2016-12-31 | 24.86% |
| 2016-09-30 | 28.26% |
| 2016-06-30 | 34.85% |
| 2016-03-31 | 26.96% |
| 2015-12-31 | 35.60% |
| 2015-09-30 | 38.78% |
| 2015-06-30 | 45.75% |
| 2015-03-31 | 43.90% |
| 2014-12-31 | 41.69% |
| 2014-09-30 | 41.50% |
| 2014-06-30 | 45.88% |
| 2014-03-31 | 42.08% |
| 2013-12-31 | 35.30% |
| 2013-09-30 | 43.03% |
| 2013-06-30 | 51.91% |
| 2013-03-31 | 46.24% |
| 2012-12-31 | 40.62% |
| 2012-09-30 | 49.79% |
| 2012-06-30 | 42.32% |
| 2012-03-31 | 46.56% |
| 2011-12-31 | 72.28% |
| 2011-09-30 | 49.76% |
| 2011-06-30 | 53.38% |
| 2011-03-31 | 52.13% |
| 2010-12-31 | 43.65% |
| 2010-09-30 | 36.13% |
| 2010-06-30 | 46.00% |
| 2010-03-31 | 45.27% |
| 2009-12-31 | 37.69% |
| 2009-09-30 | 40.06% |
| 2009-06-30 | 41.40% |
| 2009-03-31 | 31.53% |
| 2008-12-31 | 51.10% |
| 2008-09-30 | 58.68% |
| 2008-06-30 | 52.65% |
| 2008-03-31 | 43.84% |
| 2007-12-31 | 36.80% |
| 2007-09-30 | 36.73% |
| 2007-06-30 | 36.69% |
| 2007-03-31 | 33.00% |
| 2006-12-31 | 31.92% |
| 2006-09-30 | 29.93% |
| 2006-06-30 | 27.47% |
| 2006-03-31 | 29.12% |
| 2005-12-31 | 27.59% |
| 2005-09-30 | 29.20% |
| 2005-06-30 | 31.03% |
| 2005-03-31 | 29.99% |
| 2004-12-31 | 24.81% |
| 2004-09-30 | 23.13% |
| 2004-06-30 | 23.16% |
| 2004-03-31 | 21.62% |
| 2003-12-31 | 17.39% |
| 2003-09-30 | -26.59% |
| 2003-06-30 | 20.26% |
| 2003-03-31 | 16.73% |
| 2002-12-31 | 19.05% |
| 2002-09-30 | 21.51% |