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 39.97% is 21% above its 5-year average of 33.03%, near the high end of its 5-year range (-130.81%–54.74%).
As of the fiscal period ended Tuesday, March 31, 2026. 6.72% above its 12-month average of 37.46%.
Reported quarterly EBITDA margin; no daily interpolation.
EBITDA MARGIN
39.97%
EBITDA MARGIN AVG TTM
37.46%
EBITDA MARGIN AVG 3Y
40.78%
EBITDA MARGIN AVG 5Y
44.46%
EBITDA MARGIN AVG 10Y
33.83%
EBITDA MARGIN AVG 15Y
16.96%
EBITDA MARGIN AVG 20Y
-28.13%
CURRENT VS TTM AVG
+6.72%
CURRENT VS 3Y AVG
-1.98%
CURRENT VS 5Y AVG
-10.09%
CURRENT VS 10Y AVG
+18.15%
CURRENT VS 15Y AVG
+135.76%
CURRENT VS 20Y AVG
+242.12%
Vertex Pharmaceuticals Incorporated
Market Cap
$121.09B
EBITDA Margin
39.97%
TTM Avg
37.46%
3Y Avg
40.78%
5Y Avg
44.46%
Market Cap
$124.82B
EBITDA Margin
35.99%
TTM Avg
34.83%
3Y Avg
32.83%
5Y Avg
33.22%
Market Cap
$124.86B
EBITDA Margin
24.22%
TTM Avg
25.63%
3Y Avg
25.70%
5Y Avg
26.23%
Market Cap
$133.37B
EBITDA Margin
36.80%
TTM Avg
38.33%
3Y Avg
39.88%
5Y Avg
39.69%
Market Cap
$137.13B
EBITDA Margin
30.87%
TTM Avg
31.21%
3Y Avg
32.47%
5Y Avg
31.98%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Vertex Pharmaceuticals Incorporated (VRTX) | $121.09B | 39.97% | 37.46% | 40.78% | 44.46% |
| Intuitive Surgical, Inc. (ISRG)vs › | $124.82B | 35.99% | 34.83% | 32.83% | 33.22% |
| Stryker Corporation (SYK)vs › | $124.86B | 24.22% | 25.63% | 25.70% | 26.23% |
| AstraZeneca PLC (AZN)vs › | $131.47B | 33.16% | 30.52% | 27.50% | 25.68% |
| Medtronic plc (MDT)vs › | $109.30B | 25.92% | 26.11% | 25.62% | 25.51% |
| CVS Health Corp. (CVS)vs › | $133.25B | 3.73% | 3.63% | 4.02% | 4.83% |
| Bristol-Myers Squibb Company (BMY)vs › | $133.37B | 36.80% | 38.33% | 39.88% | 39.69% |
| Danaher Corporation (DHR)vs › | $137.13B | 30.87% | 31.21% | 32.47% | 31.98% |
| GSK plc (GSK)vs › | $103.56B | 32.61% | 26.78% | 28.16% | 28.64% |
| McKesson Corporation (MCK)vs › | $100.24B | 1.78% | 1.58% | 1.64% | 1.66% |
Gross Margin
86.3%
EBITDA Margin
40.0%
Operating Margin
39.0%
Net Margin
35.4%
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 | 39.97% |
| 2025-12-31 | 41.94% |
| 2025-09-30 | 40.31% |
| 2025-06-30 | 40.57% |
| 2025-03-31 | 24.49% |
| 2024-12-31 | 36.83% |
| 2024-09-30 | 42.19% |
| 2024-06-30 | -130.81% |
| 2024-03-31 | 44.40% |
| 2023-12-31 | 41.61% |
| 2023-09-30 | 43.50% |
| 2023-06-30 | 42.83% |
| 2023-03-31 | 34.44% |
| 2022-12-31 | 46.55% |
| 2022-09-30 | 49.84% |
| 2022-06-30 | 52.07% |
| 2022-03-31 | 51.34% |
| 2021-12-31 | 43.98% |
| 2021-09-30 | 54.74% |
| 2021-06-30 | -0.37% |
| 2021-03-31 | 53.16% |
| 2020-12-31 | 47.62% |
| 2020-09-30 | 45.43% |
| 2020-06-30 | 48.85% |
| 2020-03-31 | 49.31% |
| 2019-12-31 | 40.88% |
| 2019-09-30 | 13.18% |
| 2019-06-30 | 31.62% |
| 2019-03-31 | 35.41% |
| 2018-12-31 | 16.84% |
| 2018-09-30 | 28.66% |
| 2018-06-30 | 25.39% |
| 2018-03-31 | 22.67% |
| 2017-12-31 | 21.82% |
| 2017-09-30 | -53.76% |
| 2017-06-30 | 12.42% |
| 2017-03-31 | 39.97% |
| 2016-12-31 | 12.01% |
| 2016-09-30 | -1.73% |
| 2016-06-30 | 4.24% |
| 2016-03-31 | 0.52% |
| 2015-12-31 | -9.51% |
| 2015-09-30 | -17.38% |
| 2015-06-30 | -94.59% |
| 2015-03-31 | -112.36% |
| 2014-12-31 | -94.97% |
| 2014-09-30 | -69.97% |
| 2014-06-30 | -120.40% |
| 2014-03-31 | -169.35% |
| 2013-12-31 | -73.05% |
| 2013-09-30 | -56.19% |
| 2013-06-30 | -14.92% |
| 2013-03-31 | -130.22% |
| 2012-12-31 | -19.49% |
| 2012-09-30 | 2.24% |
| 2012-06-30 | -0.50% |
| 2012-03-31 | 22.84% |
| 2011-12-31 | 41.47% |
| 2011-09-30 | 33.90% |
| 2011-06-30 | -137.37% |
| 2011-03-31 | -205.05% |
| 2010-12-31 | -241.79% |
| 2010-09-30 | -810.38% |
| 2010-06-30 | -511.23% |
| 2010-03-31 | -680.81% |
| 2009-12-31 | -408.20% |
| 2009-09-30 | -566.65% |
| 2009-06-30 | -783.79% |
| 2009-03-31 | -645.27% |
| 2008-12-31 | -406.23% |
| 2008-09-30 | -388.10% |
| 2008-06-30 | -120.03% |
| 2008-03-31 | -218.93% |
| 2007-12-31 | -165.31% |
| 2007-09-30 | -260.79% |
| 2007-06-30 | -310.94% |
| 2007-03-31 | -119.62% |
| 2006-12-31 | -29.77% |
| 2006-09-30 | -105.45% |
| 2006-06-30 | -243.60% |
| 2006-03-31 | -118.98% |
| 2005-12-31 | -30.59% |
| 2005-09-30 | -97.92% |
| 2005-06-30 | -99.21% |
| 2005-03-31 | -124.31% |
| 2004-12-31 | -81.37% |
| 2004-09-30 | -105.79% |
| 2004-06-30 | -188.50% |
| 2004-03-31 | -168.01% |
| 2003-12-31 | -977.50% |
| 2003-09-30 | -448.70% |
| 2003-06-30 | -463.96% |
| 2003-03-31 | 117.01% |
| 2002-12-31 | -60.22% |
| 2002-09-30 | -85.42% |
| 2002-06-30 | -41.92% |
