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 23.87% is in line with its 5-year average of 22.70%, around the middle of its 5-year range (7.52%–41.78%).
As of the fiscal period ended Tuesday, June 30, 2026. 13.97% above its 12-month average of 20.94%.
Reported quarterly EBITDA margin; no daily interpolation.
EBITDA MARGIN
23.87%
EBITDA MARGIN AVG TTM
20.94%
EBITDA MARGIN AVG 3Y
20.36%
EBITDA MARGIN AVG 5Y
22.70%
EBITDA MARGIN AVG 10Y
22.28%
EBITDA MARGIN AVG 15Y
23.64%
EBITDA MARGIN AVG 20Y
24.09%
CURRENT VS TTM AVG
+13.97%
CURRENT VS 3Y AVG
+17.24%
CURRENT VS 5Y AVG
+5.16%
CURRENT VS 10Y AVG
+7.14%
CURRENT VS 15Y AVG
+0.96%
CURRENT VS 20Y AVG
-0.90%
Market Cap
$90.68B
EBITDA Margin
20.49%
TTM Avg
20.06%
3Y Avg
19.91%
5Y Avg
20.05%
Market Cap
$125.80B
EBITDA Margin
24.22%
TTM Avg
25.63%
3Y Avg
25.70%
5Y Avg
26.23%
Market Cap
$131.37B
EBITDA Margin
35.99%
TTM Avg
34.83%
3Y Avg
32.83%
5Y Avg
33.22%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Sanofi (SNY) | $107.65B | 23.87% | 20.94% | 20.36% | 22.70% |
| McKesson Corporation (MCK)vs › | $105.05B | 1.78% | 1.58% | 1.64% | 1.66% |
| GSK plc (GSK)vs › | $100.82B | 32.61% | 26.78% | 28.16% | 28.64% |
| Medtronic plc (MDT)vs › | $116.98B | 25.92% | 26.11% | 25.62% | 25.51% |
| CVS Health Corp. (CVS)vs › | $119.21B | 3.73% | 3.63% | 4.02% | 4.83% |
| HCA Healthcare, Inc. (HCA)vs › | $90.68B | 20.49% | 20.06% | 19.91% | 20.05% |
| Stryker Corporation (SYK)vs › | $125.80B | 24.22% | 25.63% | 25.70% | 26.23% |
| Elevance Health Inc. (ELV)vs › | $86.31B | 4.85% | 5.33% | 5.81% | 6.32% |
| Intuitive Surgical, Inc. (ISRG)vs › | $131.37B | 35.99% | 34.83% | 32.83% | 33.22% |
| Regeneron Pharmaceuticals, Inc. (REGN)vs › | $81.89B | 28.74% | 30.12% | 35.91% | 41.00% |
Gross Margin
73.0%
EBITDA Margin
23.9%
Operating Margin
14.7%
Net Margin
8.1%
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 |
|---|---|
| 2026-06-30 | 23.87% |
| 2026-03-31 | 24.94% |
| 2025-12-31 | 7.65% |
| 2025-09-30 | 31.01% |
| 2025-06-30 | 17.25% |
| 2025-03-31 | 24.82% |
| 2024-12-31 | 10.25% |
| 2024-09-30 | 29.06% |
| 2024-06-30 | 18.40% |
| 2024-03-31 | 17.68% |
| 2023-12-31 | 7.52% |
| 2023-09-30 | 29.71% |
| 2023-06-30 | 22.51% |
| 2023-03-31 | 27.17% |
| 2022-12-31 | 41.78% |
| 2022-09-30 | 25.96% |
| 2022-06-30 | 17.62% |
| 2022-03-31 | 28.31% |
| 2021-12-31 | 18.16% |
| 2021-09-30 | 31.55% |
| 2021-06-30 | 21.46% |
| 2021-03-31 | 27.54% |
| 2020-12-31 | 35.35% |
| 2020-09-30 | 33.93% |
| 2020-06-30 | 100.59% |
| 2020-03-31 | 26.87% |
| 2019-12-31 | 3.90% |
| 2019-09-30 | 26.73% |
| 2019-06-30 | 2.92% |
| 2019-03-31 | 22.56% |
| 2018-12-31 | 4.65% |
| 2018-09-30 | 33.36% |
| 2018-06-30 | 17.71% |
| 2018-03-31 | 20.42% |
| 2017-12-31 | 13.26% |
| 2017-09-30 | 25.68% |
| 2017-06-30 | 20.84% |
| 2017-03-31 | 24.77% |
| 2016-12-31 | 21.41% |
| 2016-09-30 | 30.06% |
| 2016-06-30 | 22.50% |
| 2016-03-31 | 20.16% |
| 2015-12-31 | 8.51% |
| 2015-09-30 | 26.37% |
| 2015-06-30 | 27.70% |
| 2015-03-31 | 21.89% |
| 2014-12-31 | 25.14% |
| 2014-09-30 | 26.44% |
| 2014-06-30 | 22.96% |
| 2014-03-31 | 26.56% |
| 2013-12-31 | 23.52% |
| 2013-09-30 | 27.17% |
| 2013-06-30 | 17.96% |
| 2013-03-31 | 27.41% |
| 2012-12-31 | 13.85% |
| 2012-09-30 | 32.31% |
| 2012-06-30 | 26.91% |
| 2012-03-31 | 34.27% |
| 2011-12-31 | 19.63% |
| 2011-09-30 | 34.21% |
| 2011-06-30 | 23.13% |
| 2011-03-31 | 25.56% |
| 2010-12-31 | 19.46% |
| 2010-09-30 | 31.40% |
| 2010-06-30 | 36.31% |
| 2010-03-31 | 36.48% |
| 2009-12-31 | 11.10% |
| 2009-09-30 | 38.78% |
| 2009-06-30 | 27.79% |
| 2009-03-31 | 39.19% |
| 2008-12-31 | 6.92% |
| 2008-09-30 | 36.71% |
| 2008-06-30 | 32.92% |
| 2008-03-31 | 100.00% |
| 2007-12-31 | -184.14% |
| 2007-09-30 | 100.00% |
| 2007-06-30 | 34.88% |
| 2007-03-31 | 100.00% |
| 2006-12-31 | -217.96% |
| 2006-09-30 | 100.00% |
| 2006-06-30 | 27.68% |
| 2006-03-31 | 33.40% |
| 2005-12-31 | 27.86% |
| 2005-09-30 | 34.12% |
| 2005-06-30 | 30.61% |
| 2005-03-31 | 1.56% |
| 2004-12-31 | -187.95% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 33.89% |
| 2004-03-31 | 100.00% |
| 2003-12-31 | -180.20% |
| 2003-09-30 | 100.00% |
| 2003-06-30 | 37.44% |
| 2003-03-31 | 100.00% |
| 2002-12-31 | -156.33% |
| 2002-09-30 | 100.00% |
