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 39.58% is 12% above its 5-year average of 35.34%, near the high end of its 5-year range (24.90%–40.82%).
5.05% above its 12-month average of 37.68%.
Reported quarterly EBITDA margin; no daily interpolation. Q2 FY2026 (2026-06-30): 39.39%.
EBITDA MARGIN
39.58%
EBITDA MARGIN AVG TTM
37.68%
EBITDA MARGIN AVG 3Y
37.68%
EBITDA MARGIN AVG 5Y
35.34%
EBITDA MARGIN AVG 10Y
33.27%
EBITDA MARGIN AVG 15Y
30.87%
EBITDA MARGIN AVG 20Y
30.99%
CURRENT VS TTM AVG
+5.05%
CURRENT VS 3Y AVG
+5.03%
CURRENT VS 5Y AVG
+11.99%
CURRENT VS 10Y AVG
+18.98%
CURRENT VS 15Y AVG
+28.21%
CURRENT VS 20Y AVG
+27.70%
Market Cap
$34.44B
EBITDA Margin
34.82%
TTM Avg
35.52%
3Y Avg
35.70%
5Y Avg
31.23%
Market Cap
$33.49B
EBITDA Margin
39.32%
TTM Avg
40.05%
3Y Avg
36.88%
5Y Avg
36.35%
Market Cap
$38.27B
EBITDA Margin
31.04%
TTM Avg
31.54%
3Y Avg
30.63%
5Y Avg
32.54%
Market Cap
$28.13B
EBITDA Margin
41.98%
TTM Avg
41.46%
3Y Avg
40.20%
5Y Avg
40.66%
Market Cap
$26.59B
EBITDA Margin
53.95%
TTM Avg
53.73%
3Y Avg
52.57%
5Y Avg
50.99%
Market Cap
$26.26B
EBITDA Margin
48.80%
TTM Avg
48.72%
3Y Avg
42.80%
5Y Avg
42.71%
Market Cap
$26.10B
EBITDA Margin
27.08%
TTM Avg
28.88%
3Y Avg
26.18%
5Y Avg
25.11%
Market Cap
$43.06B
EBITDA Margin
36.22%
TTM Avg
35.29%
3Y Avg
35.01%
5Y Avg
36.52%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PG&E Corporation (PCG) | $34.52B | 39.58% | 37.68% | 37.68% | 35.34% |
| Public Service Enterprise Group Incorporated (PEG)vs › | $34.44B | 34.82% | 35.52% | 35.70% | 31.23% |
| WEC Energy Group, Inc. (WEC)vs › | $33.49B | 39.32% | 40.05% | 36.88% | 36.35% |
| Consolidated Edison, Inc. (ED)vs › | $38.27B | 31.04% | 31.54% | 30.63% | 32.54% |
| Ameren Corporation (AEE)vs › | $28.13B | 41.98% | 41.46% | 40.20% | 40.66% |
| American Water Works Company, Inc. (AWK)vs › | $26.59B | 53.95% | 53.73% | 52.57% | 50.99% |
| Atmos Energy Corporation (ATO)vs › | $26.26B | 48.80% | 48.72% | 42.80% | 42.71% |
| DTE Energy Company (DTE)vs › | $26.10B | 27.08% | 28.88% | 26.18% | 25.11% |
| Exelon Corporation (EXC)vs › | $43.06B | 36.22% | 35.29% | 35.01% | 36.52% |
| FirstEnergy Corp. (FE)vs › | $25.88B | 29.08% | 29.25% | 28.46% | 29.28% |
Gross Margin
19.6%
EBITDA Margin
39.6%
Operating Margin
20.0%
Net Margin
12.3%
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 | 39.39% |
| 2026-03-31 | 38.31% |
| 2025-12-31 | 37.57% |
| 2025-09-30 | 34.50% |
| 2025-06-30 | 38.62% |
| 2025-03-31 | 40.82% |
| 2024-12-31 | 32.98% |
| 2024-09-30 | 39.29% |
| 2024-06-30 | 37.79% |
| 2024-03-31 | 40.52% |
| 2023-12-31 | 36.36% |
| 2023-09-30 | 29.64% |
| 2023-06-30 | 36.07% |
| 2023-03-31 | 33.73% |
| 2022-12-31 | 34.39% |
| 2022-09-30 | 34.39% |
| 2022-06-30 | 32.98% |
| 2022-03-31 | 28.03% |
| 2021-12-31 | 30.86% |
| 2021-09-30 | 24.90% |
| 2021-06-30 | 30.64% |
| 2021-03-31 | 31.45% |
| 2020-12-31 | 31.38% |
| 2020-09-30 | 28.43% |
| 2020-06-30 | 33.60% |
| 2020-03-31 | 35.86% |
| 2019-12-31 | 31.33% |
| 2019-09-30 | 25.41% |
| 2019-06-30 | 27.44% |
| 2019-03-31 | 25.75% |
| 2018-12-31 | 25.37% |
| 2018-09-30 | 34.19% |
| 2018-06-30 | 35.47% |
| 2018-03-31 | 34.42% |
| 2017-12-31 | 27.73% |
| 2017-09-30 | 36.51% |
| 2017-06-30 | 34.47% |
| 2017-03-31 | 37.44% |
| 2016-12-31 | 39.85% |
| 2016-09-30 | 29.63% |
| 2016-06-30 | 26.39% |
| 2016-03-31 | 19.93% |
| 2015-12-31 | 21.17% |
| 2015-09-30 | 26.33% |
| 2015-06-30 | 31.73% |
| 2015-03-31 | 18.00% |
| 2014-12-31 | 24.37% |
| 2014-09-30 | 35.15% |
| 2014-06-30 | 27.20% |
| 2014-03-31 | 26.27% |
| 2013-12-31 | 21.84% |
| 2013-09-30 | 19.50% |
| 2013-06-30 | 30.51% |
| 2013-03-31 | 27.37% |
| 2012-12-31 | 15.40% |
| 2012-09-30 | 30.96% |
| 2012-06-30 | 29.86% |
| 2012-03-31 | 29.41% |
| 2011-12-31 | 24.25% |
| 2011-09-30 | 25.23% |
| 2011-06-30 | 34.83% |
| 2011-03-31 | 27.11% |
| 2010-12-31 | 28.56% |
| 2010-09-30 | 28.58% |
| 2010-06-30 | 37.96% |
| 2010-03-31 | 32.35% |
| 2009-12-31 | 28.68% |
| 2009-09-30 | 34.56% |
| 2009-06-30 | 35.60% |
| 2009-03-31 | 28.45% |
| 2008-12-31 | 29.40% |
| 2008-09-30 | 29.23% |
| 2008-06-30 | 29.32% |
| 2008-03-31 | 24.91% |
| 2007-12-31 | 27.08% |
| 2007-09-30 | 33.15% |
| 2007-06-30 | 31.85% |
| 2007-03-31 | 29.29% |
| 2006-12-31 | 26.58% |
| 2006-09-30 | 38.19% |
| 2006-06-30 | 30.86% |
| 2006-03-31 | 28.05% |
| 2005-12-31 | 21.94% |
| 2005-09-30 | 35.52% |
| 2005-06-30 | 39.71% |
| 2005-03-31 | 33.20% |
| 2004-12-31 | 33.86% |
| 2004-09-30 | 34.88% |
| 2004-06-30 | 37.29% |
| 2004-03-31 | 208.16% |
| 2003-12-31 | 23.36% |
| 2003-09-30 | 47.76% |
| 2003-06-30 | 37.80% |
| 2003-03-31 | 6.94% |
| 2002-12-31 | -85.51% |
| 2002-09-30 | 34.52% |