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 34.45% is in line with its 5-year average of 36.08%, around the middle of its 5-year range (26.18%–38.14%).
1.36% below its 12-month average of 34.93%.
Reported quarterly EBITDA margin; no daily interpolation.
EBITDA MARGIN
34.45%
EBITDA MARGIN AVG TTM
34.93%
EBITDA MARGIN AVG 3Y
36.61%
EBITDA MARGIN AVG 5Y
36.08%
EBITDA MARGIN AVG 10Y
36.11%
EBITDA MARGIN AVG 15Y
35.94%
EBITDA MARGIN AVG 20Y
34.55%
CURRENT VS TTM AVG
-1.36%
CURRENT VS 3Y AVG
-5.90%
CURRENT VS 5Y AVG
-4.52%
CURRENT VS 10Y AVG
-4.60%
CURRENT VS 15Y AVG
-4.14%
CURRENT VS 20Y AVG
-0.28%
Verizon Communications Inc.
Market Cap
$209.23B
EBITDA Margin
34.45%
TTM Avg
34.93%
3Y Avg
36.61%
5Y Avg
36.08%
Market Cap
$193.11B
EBITDA Margin
36.52%
TTM Avg
37.26%
3Y Avg
33.59%
5Y Avg
32.30%
Market Cap
$181.63B
EBITDA Margin
20.29%
TTM Avg
19.39%
3Y Avg
17.34%
5Y Avg
16.06%
Market Cap
$108.93B
EBITDA Margin
13.38%
TTM Avg
11.43%
3Y Avg
4.13%
5Y Avg
2.75%
Market Cap
$92.75B
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%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Verizon Communications Inc. (VZ) | $209.23B | 34.45% | 34.93% | 36.61% | 36.08% |
| T-Mobile US, Inc. (TMUS)vs › | $193.11B | 36.52% | 37.26% | 33.59% | 32.30% |
| The Walt Disney Company (DIS)vs › | $181.63B | 20.29% | 19.39% | 17.34% | 16.06% |
| AT&T Inc. (T)vs › | $174.70B | 36.52% | 36.59% | 29.97% | 30.68% |
| Spotify Technology S.A. (SPOT)vs › | $108.93B | 13.38% | 11.43% | 4.13% | 2.75% |
| Netflix, Inc. (NFLX)vs › | $319.81B | 66.58% | 66.69% | 65.10% | 64.20% |
| Comcast Corporation (CMCSA)vs › | $92.75B | 29.81% | 30.30% | 30.40% | 30.14% |
| DoorDash, Inc. (DASH)vs › | $87.30B | 10.72% | 7.80% | 0.83% | -2.28% |
| Warner Bros. Discovery, Inc. (WBD)vs › | $70.41B | 18.75% | 23.30% | 35.58% | 44.09% |
| Live Nation Entertainment, Inc. (LYV)vs › | $39.70B | 8.77% | 7.36% | 7.20% | -5.67% |
Gross Margin
45.6%
EBITDA Margin
34.5%
Operating Margin
20.5%
Net Margin
11.6%
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 | 35.58% |
| 2026-03-31 | 38.14% |
| 2025-12-31 | 26.18% |
| 2025-09-30 | 37.62% |
| 2025-06-30 | 37.12% |
| 2025-03-31 | 37.49% |
| 2024-12-31 | 33.43% |
| 2024-09-30 | 36.91% |
| 2024-06-30 | 37.51% |
| 2024-03-31 | 36.60% |
| 2023-12-31 | 31.19% |
| 2023-09-30 | 36.05% |
| 2023-06-30 | 36.25% |
| 2023-03-31 | 36.16% |
| 2022-12-31 | 32.46% |
| 2022-09-30 | 35.68% |
| 2022-06-30 | 35.14% |
| 2022-03-31 | 35.86% |
| 2021-12-31 | 34.22% |
| 2021-09-30 | 37.26% |
| 2021-06-30 | 36.09% |
| 2021-03-31 | 37.02% |
| 2020-12-31 | 32.43% |
| 2020-09-30 | 37.63% |
| 2020-06-30 | 37.91% |
| 2020-03-31 | 37.72% |
| 2019-12-31 | 32.02% |
| 2019-09-30 | 38.17% |
| 2019-06-30 | 37.67% |
| 2019-03-31 | 37.16% |
| 2018-12-31 | 33.79% |
| 2018-09-30 | 37.36% |
| 2018-06-30 | 37.94% |
| 2018-03-31 | 37.07% |
| 2017-12-31 | 28.32% |
| 2017-09-30 | 36.02% |
| 2017-06-30 | 37.25% |
| 2017-03-31 | 37.28% |
| 2016-12-31 | 37.14% |
| 2016-09-30 | 33.88% |
| 2016-06-30 | 27.96% |
| 2016-03-31 | 37.17% |
| 2015-12-31 | 40.24% |
| 2015-09-30 | 34.82% |
| 2015-06-30 | 36.62% |
| 2015-03-31 | 37.36% |
| 2014-12-31 | 5.82% |
| 2014-09-30 | 35.01% |
| 2014-06-30 | 37.63% |
| 2014-03-31 | 36.66% |
| 2013-12-31 | 52.30% |
| 2013-09-30 | 37.26% |
| 2013-06-30 | 35.94% |
| 2013-03-31 | 35.15% |
| 2012-12-31 | 3.22% |
| 2012-09-30 | 33.27% |
| 2012-06-30 | 34.25% |
| 2012-03-31 | 32.66% |
| 2011-12-31 | 10.79% |
| 2011-09-30 | 31.62% |
| 2011-06-30 | 32.70% |
| 2011-03-31 | 31.41% |
| 2010-12-31 | 32.56% |
| 2010-09-30 | 27.96% |
| 2010-06-30 | 17.13% |
| 2010-03-31 | 31.82% |
| 2009-12-31 | 19.08% |
| 2009-09-30 | 29.92% |
| 2009-06-30 | 31.68% |
| 2009-03-31 | 32.80% |
| 2008-12-31 | 30.75% |
| 2008-09-30 | 31.61% |
| 2008-06-30 | 33.70% |
| 2008-03-31 | 33.21% |
| 2007-12-31 | 29.74% |
| 2007-09-30 | 32.87% |
| 2007-06-30 | 33.18% |
| 2007-03-31 | 32.45% |
| 2006-12-31 | 29.10% |
| 2006-09-30 | 31.90% |
| 2006-06-30 | 31.39% |
| 2006-03-31 | 32.23% |
| 2005-12-31 | 37.67% |
| 2005-09-30 | 38.87% |
| 2005-06-30 | 40.50% |
| 2005-03-31 | 37.64% |
| 2004-12-31 | 37.88% |
| 2004-09-30 | 38.89% |
| 2004-06-30 | 40.20% |
| 2004-03-31 | 34.54% |
| 2003-12-31 | 7.52% |
| 2003-09-30 | 38.69% |
| 2003-06-30 | 36.33% |
| 2003-03-31 | 42.90% |
| 2002-12-31 | 36.09% |
| 2002-09-30 | 54.35% |