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 68.00% is 18% below its 5-year average of 83.04%, near the low end of its 5-year range (66.80%–131.44%).
As of the fiscal period ended Tuesday, June 30, 2026. 1.40% below its 12-month average of 68.96%.
Reported quarterly EBITDA margin; no daily interpolation.
EBITDA MARGIN
68.00%
EBITDA MARGIN AVG TTM
68.96%
EBITDA MARGIN AVG 3Y
76.61%
EBITDA MARGIN AVG 5Y
80.62%
EBITDA MARGIN AVG 10Y
77.66%
EBITDA MARGIN AVG 15Y
69.89%
EBITDA MARGIN AVG 20Y
66.58%
CURRENT VS TTM AVG
-1.40%
CURRENT VS 3Y AVG
-11.24%
CURRENT VS 5Y AVG
-15.66%
CURRENT VS 10Y AVG
-12.45%
CURRENT VS 15Y AVG
-2.71%
CURRENT VS 20Y AVG
+2.12%
Market Cap
$80.78B
EBITDA Margin
65.21%
TTM Avg
65.39%
3Y Avg
64.00%
5Y Avg
62.29%
Market Cap
$74.38B
EBITDA Margin
73.19%
TTM Avg
73.92%
3Y Avg
73.56%
5Y Avg
73.26%
Market Cap
$69.75B
EBITDA Margin
41.77%
TTM Avg
41.08%
3Y Avg
42.22%
5Y Avg
44.57%
Market Cap
$59.56B
EBITDA Margin
71.30%
TTM Avg
80.39%
3Y Avg
84.64%
5Y Avg
86.11%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Prologis, Inc. (PLD) | $134.83B | 68.00% | 68.96% | 76.61% | 80.62% |
| Welltower Inc. (WELL)vs › | $168.93B | 23.38% | 29.67% | 33.05% | 34.92% |
| Equinix, Inc. (EQIX)vs › | $100.57B | 42.27% | 40.21% | 40.26% | 40.66% |
| American Tower Corporation (AMT)vs › | $80.78B | 65.21% | 65.39% | 64.00% | 62.29% |
| Simon Property Group, Inc. (SPG)vs › | $74.38B | 73.19% | 73.92% | 73.56% | 73.26% |
| Digital Realty Trust, Inc. (DLR)vs › | $69.75B | 41.77% | 41.08% | 42.22% | 44.57% |
| Public Storage (PSA)vs › | $60.45B | 70.61% | 70.78% | 71.87% | 70.95% |
| Realty Income Corporation (O)vs › | $59.56B | 71.30% | 80.39% | 84.64% | 86.11% |
| Ventas, Inc. (VTR)vs › | $45.46B | 37.81% | 38.85% | 39.86% | 41.26% |
| CBRE Group, Inc. (CBRE)vs › | $42.51B | 5.08% | 5.50% | 5.85% | 6.21% |
Gross Margin
59.6%
EBITDA Margin
68.0%
Operating Margin
38.4%
Net Margin
45.8%
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 | 68.00% |
| 2026-03-31 | 67.83% |
| 2025-12-31 | 67.52% |
| 2025-09-30 | 69.59% |
| 2025-06-30 | 71.89% |
| 2025-03-31 | 71.53% |
| 2024-12-31 | 94.41% |
| 2024-09-30 | 93.31% |
| 2024-06-30 | 82.70% |
| 2024-03-31 | 69.40% |
| 2023-12-31 | 77.98% |
| 2023-09-30 | 79.60% |
| 2023-06-30 | 82.17% |
| 2023-03-31 | 66.80% |
| 2022-12-31 | 81.40% |
| 2022-09-30 | 75.19% |
| 2022-06-30 | 74.73% |
| 2022-03-31 | 131.44% |
| 2021-12-31 | 125.67% |
| 2021-09-30 | 97.75% |
| 2021-06-30 | 95.03% |
| 2021-03-31 | 80.97% |
| 2020-12-31 | 80.91% |
| 2020-09-30 | 88.41% |
| 2020-06-30 | 79.79% |
| 2020-03-31 | 83.21% |
| 2019-12-31 | 102.77% |
| 2019-09-30 | 80.00% |
| 2019-06-30 | 91.91% |
| 2019-03-31 | 85.56% |
| 2018-12-31 | 65.40% |
| 2018-09-30 | 92.06% |
| 2018-06-30 | 78.10% |
| 2018-03-31 | 91.73% |
| 2017-12-31 | 61.45% |
| 2017-09-30 | 62.60% |
| 2017-06-30 | 65.70% |
| 2017-03-31 | 61.75% |
| 2016-12-31 | 62.88% |
| 2016-09-30 | 64.93% |
| 2016-06-30 | 61.90% |
| 2016-03-31 | 62.54% |
| 2015-12-31 | 58.84% |
| 2015-09-30 | 60.43% |
| 2015-06-30 | 54.38% |
| 2015-03-31 | 54.81% |
| 2014-12-31 | 54.64% |
| 2014-09-30 | 54.75% |
| 2014-06-30 | 55.83% |
| 2014-03-31 | 53.31% |
| 2013-12-31 | 56.42% |
| 2013-09-30 | 55.00% |
| 2013-06-30 | 51.95% |
| 2013-03-31 | 55.94% |
| 2012-12-31 | 5.66% |
| 2012-09-30 | 53.42% |
| 2012-06-30 | 55.57% |
| 2012-03-31 | 55.38% |
| 2011-12-31 | 53.19% |
| 2011-09-30 | 55.32% |
| 2011-06-30 | 23.06% |
| 2011-03-31 | 67.51% |
| 2010-12-31 | 46.99% |
| 2010-09-30 | 81.47% |
| 2010-06-30 | 103.23% |
| 2010-03-31 | 42.12% |
| 2009-12-31 | 46.45% |
| 2009-09-30 | 47.23% |
| 2009-06-30 | 50.00% |
| 2009-03-31 | -58.09% |
| 2008-12-31 | 45.52% |
| 2008-09-30 | 48.39% |
| 2008-06-30 | 56.18% |
| 2008-03-31 | 50.02% |
| 2007-12-31 | 52.86% |
| 2007-09-30 | 50.10% |
| 2007-06-30 | 52.09% |
| 2007-03-31 | 53.80% |
| 2006-12-31 | 61.16% |
| 2006-09-30 | 58.91% |
| 2006-06-30 | 59.32% |
| 2006-03-31 | 59.82% |
| 2005-12-31 | 75.88% |
| 2005-09-30 | 68.86% |
| 2005-06-30 | 54.29% |
| 2005-03-31 | 56.34% |
| 2004-12-31 | 65.81% |
| 2004-09-30 | 58.68% |
| 2004-06-30 | 64.15% |
| 2004-03-31 | 61.23% |
| 2003-12-31 | 65.31% |
| 2003-09-30 | 63.30% |
| 2003-06-03 | 63.18% |
| 2003-03-31 | 60.75% |
| 2002-12-31 | 72.34% |
| 2002-09-30 | 66.92% |
