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 63.20% is in line with its 5-year average of 61.24%, near the low end of its 5-year range (55.67%–94.93%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.38% below its 12-month average of 63.44%.
Reported quarterly EBITDA margin; no daily interpolation.
EBITDA MARGIN
63.20%
EBITDA MARGIN AVG TTM
63.44%
EBITDA MARGIN AVG 3Y
62.02%
EBITDA MARGIN AVG 5Y
61.24%
EBITDA MARGIN AVG 10Y
60.16%
EBITDA MARGIN AVG 15Y
55.89%
EBITDA MARGIN AVG 20Y
54.04%
CURRENT VS TTM AVG
-0.38%
CURRENT VS 3Y AVG
+1.91%
CURRENT VS 5Y AVG
+3.21%
CURRENT VS 10Y AVG
+5.05%
CURRENT VS 15Y AVG
+13.09%
CURRENT VS 20Y AVG
+16.96%
TC Energy Corporation
Market Cap
$64.40B
EBITDA Margin
63.20%
TTM Avg
63.44%
3Y Avg
62.02%
5Y Avg
61.24%
Market Cap
$61.95B
EBITDA Margin
17.11%
TTM Avg
16.67%
3Y Avg
15.47%
5Y Avg
13.88%
Market Cap
$61.78B
EBITDA Margin
28.96%
TTM Avg
27.64%
3Y Avg
23.59%
5Y Avg
22.60%
Market Cap
$58.78B
EBITDA Margin
52.63%
TTM Avg
51.12%
3Y Avg
51.60%
5Y Avg
48.95%
Market Cap
$70.28B
EBITDA Margin
42.86%
TTM Avg
43.78%
3Y Avg
40.73%
5Y Avg
42.06%
Market Cap
$55.61B
EBITDA Margin
66.26%
TTM Avg
66.00%
3Y Avg
72.45%
5Y Avg
36.66%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TC Energy Corporation (TRP) | $64.40B | 63.20% | 63.44% | 62.02% | 61.24% |
| Baker Hughes Company (BKR)vs › | $61.95B | 17.11% | 16.67% | 15.47% | 13.88% |
| Targa Resources Corp. (TRGP)vs › | $61.78B | 28.96% | 27.64% | 23.59% | 22.60% |
| MPLX Lp (MPLX)vs › | $60.12B | 51.73% | 55.99% | 57.21% | 50.48% |
| ONEOK, Inc. (OKE)vs › | $59.71B | 25.22% | 26.84% | 24.27% | 24.42% |
| Occidental Petroleum Corporation (OXY)vs › | $58.78B | 52.63% | 51.12% | 51.60% | 48.95% |
| Kinder Morgan, Inc. (KMI)vs › | $70.28B | 42.86% | 43.78% | 40.73% | 42.06% |
| Diamondback Energy, Inc. (FANG)vs › | $55.61B | 66.26% | 66.00% | 72.45% | 36.66% |
| Energy Transfer LP (ET)vs › | $73.33B | 17.86% | 17.58% | 16.14% | 16.72% |
| EOG Resources, Inc. (EOG)vs › | $76.35B | 56.16% | 54.15% | 52.65% | 48.18% |
Gross Margin
51.5%
EBITDA Margin
63.2%
Operating Margin
46.1%
Net Margin
22.5%
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 | 63.20% |
| 2026-03-31 | 69.19% |
| 2025-12-31 | 61.84% |
| 2025-09-30 | 61.66% |
| 2025-06-30 | 61.30% |
| 2025-03-31 | 64.56% |
| 2024-12-31 | 94.93% |
| 2024-09-30 | 56.82% |
| 2024-06-30 | 62.52% |
| 2024-03-31 | 66.32% |
| 2023-12-31 | 59.47% |
| 2023-09-30 | 57.69% |
| 2023-06-30 | 59.63% |
| 2023-03-31 | 65.10% |
| 2022-12-31 | 57.19% |
| 2022-09-30 | 55.67% |
| 2022-06-30 | 57.14% |
| 2022-03-31 | 61.69% |
| 2021-12-31 | 61.75% |
| 2021-09-30 | 58.30% |
| 2021-06-30 | 63.70% |
| 2021-03-31 | 68.00% |
| 2020-12-31 | 62.78% |
| 2020-09-30 | 64.01% |
| 2020-06-30 | 63.35% |
| 2020-03-31 | 67.93% |
| 2019-12-31 | 60.93% |
| 2019-09-30 | 62.97% |
| 2019-06-30 | 64.35% |
| 2019-03-31 | 60.77% |
| 2018-12-31 | 64.14% |
| 2018-09-30 | 57.89% |
| 2018-06-30 | 59.37% |
| 2018-03-31 | 52.66% |
| 2017-12-31 | 52.10% |
| 2017-09-30 | 47.51% |
| 2017-06-30 | 46.72% |
| 2017-03-31 | 50.01% |
| 2016-12-31 | 48.41% |
| 2016-09-30 | 42.29% |
| 2016-06-30 | 54.31% |
| 2016-03-31 | 47.02% |
| 2015-12-31 | 46.02% |
| 2015-09-30 | 46.33% |
| 2015-06-30 | 49.98% |
| 2015-03-31 | 45.41% |
| 2014-12-31 | 48.70% |
| 2014-09-30 | 52.06% |
| 2014-06-30 | 49.37% |
| 2014-03-31 | 43.34% |
| 2013-12-31 | 49.14% |
| 2013-09-30 | 50.68% |
| 2013-06-30 | 48.38% |
| 2013-03-31 | 50.00% |
| 2012-12-31 | 46.86% |
| 2012-09-30 | 48.49% |
| 2012-06-30 | 50.50% |
| 2012-03-31 | 53.64% |
| 2011-12-31 | 49.07% |
| 2011-09-30 | 52.15% |
| 2011-06-30 | 50.72% |
| 2011-03-31 | 51.58% |
| 2010-12-31 | 42.83% |
| 2010-09-30 | 47.49% |
| 2010-06-30 | 49.04% |
| 2010-03-31 | 48.70% |
| 2009-12-31 | 45.38% |
| 2009-09-30 | 44.74% |
| 2009-06-30 | 47.48% |
| 2009-03-31 | 46.97% |
| 2008-12-31 | 86.20% |
| 2008-09-30 | 48.97% |
| 2008-06-30 | 46.46% |
| 2008-03-31 | 59.19% |
| 2007-12-31 | 43.81% |
| 2007-09-30 | 45.03% |
| 2007-06-30 | 41.79% |
| 2007-03-31 | 41.85% |
| 2006-12-31 | 70.62% |
| 2006-09-30 | 47.31% |
| 2006-06-30 | 46.44% |
| 2006-03-31 | 45.01% |
| 2005-12-31 | 70.90% |
| 2005-09-30 | 49.35% |
| 2005-06-30 | 54.00% |
| 2005-03-31 | 55.42% |
| 2004-12-31 | 82.18% |
| 2004-09-30 | 58.34% |
| 2004-06-30 | 56.00% |
| 2004-03-31 | 59.36% |
| 2003-12-31 | 95.34% |
| 2003-09-30 | 56.60% |
| 2003-06-30 | 56.40% |
| 2003-03-31 | 100.00% |
| 2002-12-31 | -125.82% |
| 2002-09-30 | 100.00% |
