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 36.52% is in line with its 5-year average of 35.44%, near the high end of its 5-year range (30.50%–38.61%).
0.70% below its 12-month average of 36.78%.
Reported quarterly EBITDA margin; no daily interpolation. Q2 FY2026 (2026-06-30): 38.04%.
EBITDA MARGIN
36.52%
EBITDA MARGIN AVG TTM
36.78%
EBITDA MARGIN AVG 3Y
36.43%
EBITDA MARGIN AVG 5Y
35.44%
EBITDA MARGIN AVG 10Y
33.89%
EBITDA MARGIN AVG 15Y
33.64%
EBITDA MARGIN AVG 20Y
33.76%
CURRENT VS TTM AVG
-0.70%
CURRENT VS 3Y AVG
+0.24%
CURRENT VS 5Y AVG
+3.04%
CURRENT VS 10Y AVG
+7.77%
CURRENT VS 15Y AVG
+8.57%
CURRENT VS 20Y AVG
+8.16%
Market Cap
$184.76B
EBITDA Margin
20.29%
TTM Avg
19.39%
3Y Avg
17.34%
5Y Avg
16.06%
Market Cap
$214.83B
EBITDA Margin
34.45%
TTM Avg
35.22%
3Y Avg
34.97%
5Y Avg
35.37%
Market Cap
$114.77B
EBITDA Margin
13.38%
TTM Avg
11.43%
3Y Avg
4.13%
5Y Avg
2.75%
Market Cap
$86.66B
EBITDA Margin
29.81%
TTM Avg
30.30%
3Y Avg
30.40%
5Y Avg
30.14%
Market Cap
$70.28B
EBITDA Margin
18.75%
TTM Avg
23.30%
3Y Avg
35.58%
5Y Avg
44.09%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AT&T Inc. (T) | $183.16B | 36.52% | 36.78% | 36.43% | 35.44% |
| The Walt Disney Company (DIS)vs › | $184.76B | 20.29% | 19.39% | 17.34% | 16.06% |
| T-Mobile US, Inc. (TMUS)vs › | $193.59B | 36.52% | 37.26% | 33.59% | 32.30% |
| Verizon Communications Inc. (VZ)vs › | $214.83B | 34.45% | 35.22% | 34.97% | 35.37% |
| Spotify Technology S.A. (SPOT)vs › | $114.77B | 13.38% | 11.43% | 4.13% | 2.75% |
| Comcast Corporation (CMCSA)vs › | $86.66B | 29.81% | 30.30% | 30.40% | 30.14% |
| DoorDash, Inc. (DASH)vs › | $86.39B | 10.72% | 7.80% | 0.83% | -2.28% |
| Warner Bros. Discovery, Inc. (WBD)vs › | $70.28B | 18.75% | 23.30% | 35.58% | 44.09% |
| Netflix, Inc. (NFLX)vs › | $324.37B | 66.58% | 66.69% | 65.10% | 64.20% |
| Live Nation Entertainment, Inc. (LYV)vs › | $39.62B | 8.77% | 7.36% | 7.20% | -5.67% |
Gross Margin
59.7%
EBITDA Margin
36.5%
Operating Margin
20.4%
Net Margin
16.9%
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 | 38.04% |
| 2026-03-31 | 36.89% |
| 2025-12-31 | 33.62% |
| 2025-09-30 | 37.24% |
| 2025-06-30 | 38.10% |
| 2025-03-31 | 35.73% |
| 2024-12-31 | 33.20% |
| 2024-09-30 | 38.61% |
| 2024-06-30 | 38.14% |
| 2024-03-31 | 36.93% |
| 2023-12-31 | 33.27% |
| 2023-09-30 | 36.81% |
| 2023-06-30 | 37.05% |
| 2023-03-31 | 35.28% |
| 2022-12-31 | 32.99% |
| 2022-09-30 | 35.58% |
| 2022-06-30 | 34.43% |
| 2022-03-31 | 33.97% |
| 2021-12-31 | 30.50% |
| 2021-09-30 | 34.40% |
| 2021-06-30 | 33.51% |
| 2021-03-31 | 30.69% |
| 2020-12-31 | 27.61% |
| 2020-09-30 | 31.35% |
| 2020-06-30 | 32.58% |
| 2020-03-31 | 34.78% |
| 2019-12-31 | 30.09% |
| 2019-09-30 | 33.71% |
| 2019-06-30 | 33.23% |
| 2019-03-31 | 32.43% |
| 2018-12-31 | 30.39% |
| 2018-09-30 | 34.54% |
| 2018-06-30 | 33.54% |
| 2018-03-31 | 32.24% |
| 2017-12-31 | 24.96% |
| 2017-09-30 | 30.06% |
| 2017-06-30 | 32.43% |
| 2017-03-31 | 33.43% |
| 2016-12-31 | 26.54% |
| 2016-09-30 | 31.76% |
| 2016-06-30 | 32.42% |
| 2016-03-31 | 33.78% |
| 2015-12-31 | 33.26% |
| 2015-10-28 | 31.18% |
| 2015-06-30 | 31.71% |
| 2015-03-31 | 31.11% |
| 2014-12-31 | -2.85% |
| 2014-09-30 | 30.79% |
| 2014-06-30 | 31.21% |
| 2014-03-31 | 33.55% |
| 2013-12-31 | 51.01% |
| 2013-09-30 | 33.59% |
| 2013-06-30 | 33.31% |
| 2013-03-31 | 33.39% |
| 2012-12-31 | -4.25% |
| 2012-09-30 | 33.53% |
| 2012-06-30 | 35.84% |
| 2012-03-31 | 33.50% |
| 2011-12-31 | -13.59% |
| 2011-09-30 | 34.48% |
| 2011-06-30 | 34.19% |
| 2011-03-31 | 33.26% |
| 2010-12-31 | 21.80% |
| 2010-09-30 | 32.63% |
| 2010-06-30 | 35.39% |
| 2010-03-31 | 35.21% |
| 2009-12-31 | 32.00% |
| 2009-09-30 | 33.36% |
| 2009-06-30 | 33.80% |
| 2009-03-31 | 34.75% |
| 2008-12-31 | 31.99% |
| 2008-09-30 | 33.81% |
| 2008-06-30 | 37.34% |
| 2008-03-31 | 35.40% |
| 2007-12-31 | 35.31% |
| 2007-09-30 | 35.26% |
| 2007-06-30 | 35.14% |
| 2007-03-31 | 35.49% |
| 2006-12-31 | 31.89% |
| 2006-09-30 | 34.24% |
| 2006-06-30 | 32.28% |
| 2006-03-31 | 29.72% |
| 2005-12-31 | 25.74% |
| 2005-09-30 | 36.54% |
| 2005-06-30 | 32.25% |
| 2005-03-31 | 32.99% |
| 2004-12-31 | 30.24% |
| 2004-09-30 | 34.85% |
| 2004-06-30 | 32.64% |
| 2004-03-31 | 34.35% |
| 2003-12-31 | 31.36% |
| 2003-09-30 | 34.61% |
| 2003-06-30 | 36.41% |
| 2003-03-31 | 37.53% |
| 2002-12-31 | 36.35% |
| 2002-09-30 | 39.57% |
