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 23.71% is in line with its 5-year average of 25.80%, around the middle of its 5-year range (16.59%–35.66%).
As of the fiscal period ended Tuesday, March 31, 2026. 2.20% above its 12-month average of 23.20%.
Reported quarterly EBITDA margin; no daily interpolation.
EBITDA MARGIN
23.71%
EBITDA MARGIN AVG TTM
23.20%
EBITDA MARGIN AVG 3Y
26.40%
EBITDA MARGIN AVG 5Y
25.80%
EBITDA MARGIN AVG 10Y
21.47%
EBITDA MARGIN AVG 15Y
22.39%
EBITDA MARGIN AVG 20Y
24.76%
CURRENT VS TTM AVG
+2.20%
CURRENT VS 3Y AVG
-10.20%
CURRENT VS 5Y AVG
-8.11%
CURRENT VS 10Y AVG
+10.42%
CURRENT VS 15Y AVG
+5.89%
CURRENT VS 20Y AVG
-4.25%
Market Cap
$32.26B
EBITDA Margin
43.39%
TTM Avg
42.66%
3Y Avg
51.95%
5Y Avg
51.95%
Market Cap
$27.72B
EBITDA Margin
43.35%
TTM Avg
45.00%
3Y Avg
48.01%
5Y Avg
43.87%
Market Cap
$27.58B
EBITDA Margin
82.02%
TTM Avg
80.98%
3Y Avg
81.95%
5Y Avg
81.39%
Market Cap
$26.79B
EBITDA Margin
15.31%
TTM Avg
18.34%
3Y Avg
19.18%
5Y Avg
14.14%
Market Cap
$24.72B
EBITDA Margin
63.01%
TTM Avg
61.11%
3Y Avg
65.45%
5Y Avg
62.40%
Market Cap
$21.92B
EBITDA Margin
43.07%
TTM Avg
32.51%
3Y Avg
43.35%
5Y Avg
12.15%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tenaris S.A. (TS) | $30.52B | 23.71% | 23.20% | 26.40% | 25.80% |
| Venture Global, Inc. (VG)vs › | $32.26B | 43.39% | 42.66% | 51.95% | 51.95% |
| Devon Energy Corporation (DVN)vs › | $27.72B | 43.35% | 45.00% | 48.01% | 43.87% |
| EQT Corporation (EQT)vs › | $33.33B | 63.36% | 58.95% | 58.45% | 43.37% |
| Texas Pacific Land Corporation (TPL)vs › | $27.58B | 82.02% | 80.98% | 81.95% | 81.39% |
| Halliburton Company (HAL)vs › | $26.79B | 15.31% | 18.34% | 19.18% | 14.14% |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 63.01% | 61.11% | 65.45% | 62.40% |
| Cameco Corporation (CCJ)vs › | $38.89B | 25.45% | 25.87% | 20.37% | 15.51% |
| Expand Energy Corporation (EXE)vs › | $21.92B | 43.07% | 32.51% | 43.35% | 12.15% |
| APA Corporation (APA)vs › | $13.20B | 59.20% | 57.67% | 58.61% | 54.84% |
Gross Margin
34.3%
EBITDA Margin
23.7%
Operating Margin
19.1%
Net Margin
16.2%
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 | 23.71% |
| 2025-12-31 | 19.31% |
| 2025-09-30 | 25.39% |
| 2025-06-30 | 23.75% |
| 2025-03-31 | 23.83% |
| 2024-12-31 | 25.52% |
| 2024-09-30 | 23.61% |
| 2024-06-30 | 19.57% |
| 2024-03-31 | 28.68% |
| 2023-12-31 | 28.56% |
| 2023-09-30 | 31.01% |
| 2023-06-30 | 34.57% |
| 2023-03-31 | 35.66% |
| 2022-12-31 | 32.93% |
| 2022-09-30 | 31.79% |
| 2022-06-30 | 28.78% |
| 2022-03-31 | 26.50% |
| 2021-12-31 | 20.68% |
| 2021-09-30 | 21.63% |
| 2021-06-30 | 19.71% |
| 2021-03-31 | 16.59% |
| 2020-12-31 | 17.02% |
| 2020-09-30 | 10.59% |
| 2020-06-30 | 4.72% |
| 2020-03-31 | -19.44% |
| 2019-12-31 | 16.67% |
| 2019-09-30 | 18.24% |
| 2019-06-30 | 19.28% |
| 2019-03-31 | 20.85% |
| 2018-12-31 | 20.23% |
| 2018-09-30 | 20.72% |
| 2018-06-30 | 20.29% |
| 2018-03-31 | 18.97% |
| 2017-12-31 | 20.10% |
| 2017-09-30 | 17.30% |
| 2017-06-30 | 16.12% |
| 2017-03-31 | 17.18% |
| 2016-12-31 | 16.60% |
| 2016-09-30 | 14.66% |
| 2016-06-30 | 11.08% |
| 2016-03-31 | 16.33% |
| 2015-12-31 | 15.69% |
| 2015-09-30 | -10.28% |
| 2015-06-30 | 14.16% |
| 2015-03-31 | 23.39% |
| 2014-12-31 | 18.93% |
| 2014-09-30 | 24.25% |
| 2014-06-30 | 26.40% |
| 2014-03-31 | 27.85% |
| 2013-12-31 | 27.84% |
| 2013-09-30 | 25.74% |
| 2013-06-30 | 25.79% |
| 2013-03-31 | 26.10% |
| 2012-12-31 | 26.58% |
| 2012-09-30 | 27.41% |
| 2012-06-30 | 27.08% |
| 2012-03-31 | 26.91% |
| 2011-12-31 | 25.80% |
| 2011-09-30 | 24.86% |
| 2011-06-30 | 22.82% |
| 2011-03-31 | 24.56% |
| 2010-12-31 | 28.24% |
| 2010-09-30 | 26.20% |
| 2010-06-30 | 26.80% |
| 2010-03-31 | 26.57% |
| 2009-12-31 | 24.88% |
| 2009-09-30 | 27.57% |
| 2009-06-30 | 26.86% |
| 2009-03-31 | 32.65% |
| 2008-12-31 | 21.26% |
| 2008-09-30 | 34.27% |
| 2008-06-30 | 30.43% |
| 2008-03-31 | 32.19% |
| 2007-12-31 | 35.16% |
| 2007-09-30 | 32.82% |
| 2007-06-30 | 34.97% |
| 2007-03-31 | 35.38% |
| 2006-12-31 | 43.30% |
| 2006-09-30 | 39.12% |
| 2006-06-30 | 38.11% |
| 2006-03-31 | 36.77% |
| 2005-12-31 | 33.42% |
| 2005-09-30 | 32.20% |
| 2005-06-30 | 31.10% |
| 2005-03-31 | 31.50% |
| 2004-12-31 | 32.46% |
| 2004-09-30 | 24.86% |
| 2004-06-30 | 20.24% |
| 2004-03-31 | 18.20% |
| 2003-12-31 | 2.86% |
| 2003-09-30 | 20.63% |
| 2003-06-30 | 18.77% |
| 2003-03-31 | 18.55% |
