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 22.25% is in line with its 5-year average of 24.32%, around the middle of its 5-year range (9.37%–33.75%).
0.99% below its 12-month average of 22.47%.
Reported quarterly EBITDA margin; no daily interpolation. Q2 FY2026 (2026-06-30): 24.71%.
EBITDA MARGIN
22.25%
EBITDA MARGIN AVG TTM
22.47%
EBITDA MARGIN AVG 3Y
24.19%
EBITDA MARGIN AVG 5Y
24.32%
EBITDA MARGIN AVG 10Y
2.90%
EBITDA MARGIN AVG 15Y
N/A
EBITDA MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.99%
CURRENT VS 3Y AVG
-8.01%
CURRENT VS 5Y AVG
-8.52%
CURRENT VS 10Y AVG
+667.71%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
PDD Holdings Inc.
Market Cap
$110.56B
EBITDA Margin
22.25%
TTM Avg
22.47%
3Y Avg
24.19%
5Y Avg
24.32%
Market Cap
$107.77B
EBITDA Margin
14.16%
TTM Avg
16.76%
3Y Avg
18.23%
5Y Avg
17.99%
Market Cap
$106.00B
EBITDA Margin
14.31%
TTM Avg
14.59%
3Y Avg
14.32%
5Y Avg
14.06%
Market Cap
$127.44B
EBITDA Margin
37.34%
TTM Avg
36.17%
3Y Avg
34.04%
5Y Avg
27.43%
Market Cap
$91.92B
EBITDA Margin
16.95%
TTM Avg
16.96%
3Y Avg
17.66%
5Y Avg
15.12%
Market Cap
$90.67B
EBITDA Margin
13.00%
TTM Avg
13.93%
3Y Avg
12.81%
5Y Avg
12.07%
Market Cap
$88.91B
EBITDA Margin
13.06%
TTM Avg
14.35%
3Y Avg
15.11%
5Y Avg
12.57%
Market Cap
$143.99B
EBITDA Margin
13.96%
TTM Avg
13.55%
3Y Avg
12.77%
5Y Avg
11.20%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PDD Holdings Inc. (PDD) | $110.56B | 22.25% | 22.47% | 24.19% | 24.32% |
| Starbucks Corporation (SBUX)vs › | $107.77B | 14.16% | 16.76% | 18.23% | 17.99% |
| Lowe's Companies, Inc. (LOW)vs › | $106.00B | 14.31% | 14.59% | 14.32% | 14.06% |
| Booking Holdings Inc. (BKNG)vs › | $127.44B | 37.34% | 36.17% | 34.04% | 27.43% |
| Airbnb, Inc. (ABNB)vs › | $93.60B | 21.94% | 22.76% | 20.92% | -1.57% |
| Marriott International, Inc. (MAR)vs › | $91.92B | 16.95% | 16.96% | 17.66% | 15.12% |
| BYD Company Limited (BYDDY)vs › | $90.67B | 13.00% | 13.93% | 12.81% | 12.07% |
| MercadoLibre, Inc. (MELI)vs › | $88.91B | 13.06% | 14.35% | 15.11% | 12.57% |
| The TJX Companies, Inc. (TJX)vs › | $143.99B | 13.96% | 13.55% | 12.77% | 11.20% |
| Ross Stores, Inc. (ROST)vs › | $75.75B | 15.75% | 15.05% | 14.06% | 12.80% |
Gross Margin
56.3%
EBITDA Margin
22.3%
Operating Margin
21.9%
Net Margin
20.4%
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 | 24.71% |
| 2026-03-31 | 18.42% |
| 2025-12-31 | 21.14% |
| 2025-09-30 | 23.11% |
| 2025-06-30 | 24.97% |
| 2025-03-31 | 17.00% |
| 2024-12-31 | 23.30% |
| 2024-09-30 | 24.65% |
| 2024-06-30 | 33.75% |
| 2024-03-31 | 30.15% |
| 2023-12-31 | 25.42% |
| 2023-09-30 | 25.00% |
| 2023-06-30 | 25.39% |
| 2023-03-31 | 19.89% |
| 2022-12-31 | 24.28% |
| 2022-09-30 | 30.45% |
| 2022-06-30 | 28.85% |
| 2022-03-31 | 10.63% |
| 2021-12-31 | 26.74% |
| 2021-09-30 | 10.70% |
| 2021-06-30 | 9.37% |
| 2021-03-31 | -17.97% |
| 2020-12-31 | -7.10% |
| 2020-09-30 | -8.00% |
| 2020-06-30 | -12.14% |
| 2020-03-31 | -64.79% |
| 2019-12-31 | -18.31% |
| 2019-09-30 | -35.50% |
| 2019-06-30 | -18.32% |
| 2019-03-31 | -43.92% |
| 2018-12-31 | -43.93% |
| 2018-09-30 | -34.29% |
| 2018-06-30 | -241.53% |
| 2018-03-31 | -15.09% |
| 2017-12-31 | -1.87% |
| 2017-09-30 | -55.28% |
| 2017-06-30 | -116.80% |
| 2017-03-31 | -581.76% |