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 40.68% is in line with its 5-year average of 37.95%, around the middle of its 5-year range (29.13%–46.63%).
As of the fiscal period ended Tuesday, March 31, 2026. 3.11% above its 12-month average of 39.46%.
Reported quarterly EBITDA margin; no daily interpolation.
EBITDA MARGIN
40.68%
EBITDA MARGIN AVG TTM
39.46%
EBITDA MARGIN AVG 3Y
37.45%
EBITDA MARGIN AVG 5Y
37.95%
EBITDA MARGIN AVG 10Y
45.14%
EBITDA MARGIN AVG 15Y
43.05%
EBITDA MARGIN AVG 20Y
40.84%
CURRENT VS TTM AVG
+3.11%
CURRENT VS 3Y AVG
+8.63%
CURRENT VS 5Y AVG
+7.22%
CURRENT VS 10Y AVG
-9.87%
CURRENT VS 15Y AVG
-5.49%
CURRENT VS 20Y AVG
-0.39%
Market Cap
$26.66B
EBITDA Margin
53.95%
TTM Avg
53.73%
3Y Avg
52.57%
5Y Avg
50.99%
Market Cap
$27.69B
EBITDA Margin
38.90%
TTM Avg
39.28%
3Y Avg
36.38%
5Y Avg
34.61%
Market Cap
$28.23B
EBITDA Margin
51.08%
TTM Avg
42.22%
3Y Avg
35.27%
5Y Avg
31.69%
Market Cap
$28.84B
EBITDA Margin
48.80%
TTM Avg
48.72%
3Y Avg
42.80%
5Y Avg
42.71%
Market Cap
$29.52B
EBITDA Margin
27.08%
TTM Avg
28.88%
3Y Avg
26.18%
5Y Avg
25.11%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PPL Corporation (PPL) | $26.49B | 40.68% | 39.46% | 37.45% | 37.95% |
| 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% |
| 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% |
| Edison International (EIX)vs › | $28.23B | 51.08% | 42.22% | 35.27% | 31.69% |
| NRG Energy, Inc. (NRG)vs › | $28.33B | 12.39% | 13.00% | 10.13% | 12.38% |
| Atmos Energy Corporation (ATO)vs › | $28.84B | 48.80% | 48.72% | 42.80% | 42.71% |
| DTE Energy Company (DTE)vs › | $29.52B | 27.08% | 28.88% | 26.18% | 25.11% |
| Ameren Corporation (AEE)vs › | $30.33B | 41.98% | 41.46% | 40.20% | 40.66% |
Gross Margin
35.3%
EBITDA Margin
40.7%
Operating Margin
23.5%
Net Margin
13.1%
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 | 40.68% |
| 2025-12-31 | 37.03% |
| 2025-09-30 | 41.27% |
| 2025-06-30 | 37.58% |
| 2025-03-31 | 40.73% |
| 2024-12-31 | 32.38% |
| 2024-09-30 | 36.98% |
| 2024-06-30 | 38.92% |
| 2024-03-31 | 38.41% |
| 2023-12-31 | 35.65% |
| 2023-09-30 | 37.84% |
| 2023-06-30 | 35.11% |
| 2023-03-31 | 34.29% |
| 2022-12-31 | 29.13% |
| 2022-09-30 | 31.30% |
| 2022-06-30 | 31.84% |
| 2022-03-31 | 41.08% |
| 2021-12-31 | 39.66% |
| 2021-09-30 | 46.63% |
| 2021-06-30 | 44.10% |
| 2021-03-31 | 46.26% |
| 2020-12-31 | 54.80% |
| 2020-09-30 | 50.86% |
| 2020-06-30 | 48.69% |
| 2020-03-31 | 47.43% |
| 2019-12-31 | 52.35% |
| 2019-09-30 | 54.89% |
| 2019-06-30 | 52.63% |
| 2019-03-31 | 52.28% |
| 2018-12-31 | 49.30% |
| 2018-09-30 | 52.51% |
| 2018-06-30 | 51.08% |
| 2018-03-31 | 53.67% |
| 2017-12-31 | 56.13% |
| 2017-09-30 | 55.28% |
| 2017-06-30 | 53.68% |
| 2017-03-31 | 52.43% |
| 2016-12-31 | 53.17% |
| 2016-09-30 | 54.79% |
| 2016-06-30 | 54.62% |
| 2016-03-31 | 53.21% |
| 2015-12-31 | 48.03% |
| 2015-09-30 | 49.57% |
| 2015-06-30 | 48.85% |
| 2015-03-31 | 50.09% |
| 2014-12-31 | 33.56% |
| 2014-09-30 | 49.87% |
| 2014-06-30 | 43.43% |
| 2014-03-31 | 91.12% |
| 2013-12-31 | 13.73% |
| 2013-09-30 | 38.58% |
| 2013-06-30 | 31.68% |
| 2013-03-31 | 42.37% |
| 2012-12-31 | 35.72% |
| 2012-09-30 | 41.53% |
| 2012-06-30 | 34.37% |
| 2012-03-31 | 33.32% |
| 2011-12-31 | 30.16% |
| 2011-09-30 | 34.36% |
| 2011-06-30 | 36.64% |
| 2011-03-31 | 36.43% |
| 2010-12-31 | 44.23% |
| 2010-09-30 | 33.04% |
| 2010-06-30 | 27.83% |
| 2010-03-31 | 21.19% |
| 2009-12-31 | 22.58% |
| 2009-09-30 | 22.17% |
| 2009-06-30 | 24.00% |
| 2009-03-31 | 22.27% |
| 2008-12-31 | 41.74% |
| 2008-09-30 | 16.86% |
| 2008-06-30 | 49.61% |
| 2008-03-31 | 38.79% |
| 2007-12-31 | 64.90% |
| 2007-09-30 | 35.46% |
| 2007-06-30 | 37.57% |
| 2007-03-31 | 40.17% |
| 2006-12-31 | 32.60% |
| 2006-09-30 | 33.98% |
| 2006-06-30 | 36.10% |
| 2006-03-31 | 39.39% |
| 2005-12-31 | 33.85% |
| 2005-09-30 | 35.62% |
| 2005-06-30 | 38.51% |
| 2005-03-31 | 31.81% |
| 2004-12-31 | 23.28% |
| 2004-09-30 | 26.34% |
| 2004-06-30 | 22.19% |
| 2004-03-31 | 24.03% |
| 2003-12-31 | 25.57% |
| 2003-09-30 | 24.83% |
| 2003-06-30 | 21.36% |
| 2003-03-31 | 24.13% |
| 2002-12-31 | 19.72% |
| 2002-09-30 | 26.95% |
| 2002-06-30 | 6.69% |
