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 13.38% is 172% above its 5-year average of 4.92%, near the high end of its 5-year range (-6.39%–16.35%).
6.01% below its 12-month average of 14.24%.
Reported quarterly EBITDA margin; no daily interpolation. Q2 FY2026 (2026-06-30): 14.32%.
EBITDA MARGIN
13.38%
EBITDA MARGIN AVG TTM
14.24%
EBITDA MARGIN AVG 3Y
8.91%
EBITDA MARGIN AVG 5Y
4.92%
EBITDA MARGIN AVG 10Y
1.25%
EBITDA MARGIN AVG 15Y
N/A
EBITDA MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-6.01%
CURRENT VS 3Y AVG
+50.18%
CURRENT VS 5Y AVG
+172.05%
CURRENT VS 10Y AVG
+967.86%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Spotify Technology S.A.
Market Cap
$112.59B
EBITDA Margin
13.38%
TTM Avg
14.24%
3Y Avg
8.91%
5Y Avg
4.92%
Market Cap
$84.21B
EBITDA Margin
29.81%
TTM Avg
30.30%
3Y Avg
30.40%
5Y Avg
30.14%
Market Cap
$70.41B
EBITDA Margin
18.75%
TTM Avg
23.30%
3Y Avg
35.58%
5Y Avg
44.09%
Market Cap
$39.90B
EBITDA Margin
8.77%
TTM Avg
7.36%
3Y Avg
7.20%
5Y Avg
-5.67%
Market Cap
$185.75B
EBITDA Margin
20.29%
TTM Avg
19.39%
3Y Avg
17.34%
5Y Avg
16.06%
Market Cap
$188.30B
EBITDA Margin
36.52%
TTM Avg
37.26%
3Y Avg
33.59%
5Y Avg
32.30%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Spotify Technology S.A. (SPOT) | $112.59B | 13.38% | 14.24% | 8.91% | 4.92% |
| DoorDash, Inc. (DASH)vs › | $85.73B | 10.72% | 7.80% | 0.83% | -2.28% |
| Comcast Corporation (CMCSA)vs › | $84.21B | 29.81% | 30.30% | 30.40% | 30.14% |
| Warner Bros. Discovery, Inc. (WBD)vs › | $70.41B | 18.75% | 23.30% | 35.58% | 44.09% |
| AT&T Inc. (T)vs › | $177.41B | 36.52% | 36.59% | 29.97% | 30.68% |
| Live Nation Entertainment, Inc. (LYV)vs › | $39.90B | 8.77% | 7.36% | 7.20% | -5.67% |
| The Walt Disney Company (DIS)vs › | $185.75B | 20.29% | 19.39% | 17.34% | 16.06% |
| T-Mobile US, Inc. (TMUS)vs › | $188.30B | 36.52% | 37.26% | 33.59% | 32.30% |
| Reddit, Inc. (RDDT)vs › | $30.37B | 20.79% | -10.56% | -15.37% | -18.93% |
| Fox Corporation (FOXA)vs › | $29.01B | 21.93% | 22.05% | 21.48% | 21.78% |
Gross Margin
32.8%
EBITDA Margin
13.4%
Operating Margin
14.7%
Net Margin
18.5%
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 | 14.32% |
| 2026-03-31 | 16.35% |
| 2025-12-31 | 16.02% |
| 2025-09-30 | 14.19% |
| 2025-06-30 | 10.30% |
| 2025-03-30 | 12.79% |
| 2024-12-31 | 11.95% |
| 2024-09-30 | 12.14% |
| 2024-06-30 | 7.78% |
| 2024-03-31 | 5.47% |
| 2023-12-31 | -1.12% |
| 2023-09-30 | 2.03% |
| 2023-06-30 | -6.39% |
| 2023-03-31 | -3.68% |
| 2022-12-31 | -5.72% |
| 2022-09-30 | -6.06% |
| 2022-06-30 | -5.38% |
| 2022-03-31 | 1.16% |
| 2021-12-31 | 0.97% |
| 2021-09-30 | 4.32% |
| 2021-06-30 | 1.84% |
| 2021-03-31 | 2.05% |
| 2020-12-31 | -1.85% |
| 2020-09-30 | -0.61% |
| 2020-06-30 | -7.36% |
| 2020-03-31 | 0.49% |
| 2019-12-31 | -2.86% |
| 2019-09-30 | 4.39% |
| 2019-06-30 | 1.02% |
| 2019-03-31 | -1.72% |
| 2018-12-31 | 6.82% |
| 2018-09-30 | 0.07% |
| 2018-06-30 | -6.60% |
| 2018-03-31 | -2.63% |
| 2017-12-31 | -6.44% |
| 2017-09-30 | -5.62% |
| 2017-06-30 | -6.65% |
| 2017-03-31 | -13.86% |
| 2016-12-31 | -7.80% |
| 2016-09-30 | -4.02% |
| 2016-06-30 | -39.22% |
| 2016-03-31 | -27.14% |
