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 12.49% is 40% below its 5-year average of 20.87%, around the middle of its 5-year range (-28.40%–65.13%).
As of the fiscal period ended Tuesday, June 30, 2026. 45.90% below its 12-month average of 23.09%.
Reported quarterly EBITDA margin; no daily interpolation.
EBITDA MARGIN
12.49%
EBITDA MARGIN AVG TTM
23.09%
EBITDA MARGIN AVG 3Y
21.72%
EBITDA MARGIN AVG 5Y
21.14%
EBITDA MARGIN AVG 10Y
19.61%
EBITDA MARGIN AVG 15Y
19.70%
EBITDA MARGIN AVG 20Y
20.91%
CURRENT VS TTM AVG
-45.90%
CURRENT VS 3Y AVG
-42.51%
CURRENT VS 5Y AVG
-40.91%
CURRENT VS 10Y AVG
-36.32%
CURRENT VS 15Y AVG
-36.58%
CURRENT VS 20Y AVG
-40.26%
Willis Towers Watson Public Limited Company
Market Cap
$31.73B
EBITDA Margin
12.49%
TTM Avg
23.09%
3Y Avg
21.72%
5Y Avg
21.14%
Market Cap
$32.47B
EBITDA Margin
34.71%
TTM Avg
32.39%
3Y Avg
28.40%
5Y Avg
27.56%
Market Cap
$30.30B
EBITDA Margin
24.17%
TTM Avg
21.75%
3Y Avg
24.89%
5Y Avg
29.26%
Market Cap
$33.33B
EBITDA Margin
22.48%
TTM Avg
21.88%
3Y Avg
22.75%
5Y Avg
27.28%
Market Cap
$33.81B
EBITDA Margin
29.89%
TTM Avg
24.52%
3Y Avg
21.87%
5Y Avg
20.28%
Market Cap
$34.54B
EBITDA Margin
27.63%
TTM Avg
26.46%
3Y Avg
30.82%
5Y Avg
30.24%
Market Cap
$35.12B
EBITDA Margin
25.95%
TTM Avg
26.48%
3Y Avg
23.09%
5Y Avg
21.77%
Market Cap
$35.70B
EBITDA Margin
32.14%
TTM Avg
30.31%
3Y Avg
32.41%
5Y Avg
34.77%
Market Cap
$27.27B
EBITDA Margin
24.92%
TTM Avg
25.64%
3Y Avg
16.62%
5Y Avg
21.25%
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Willis Towers Watson Public Limited Company (WTW) | $31.73B | 12.49% | 23.09% | 21.72% | 21.14% |
| Cboe Global Markets, Inc. (CBOE)vs › | $32.47B | 34.71% | 32.39% | 28.40% | 27.56% |
| Citizens Financial Group, Inc. (CFG)vs › | $30.30B | 24.17% | 21.75% | 24.89% | 29.26% |
| Northern Trust Corporation (NTRS)vs › | $33.33B | 22.48% | 21.88% | 22.75% | 27.28% |
| Raymond James Financial, Inc. (RJF)vs › | $33.81B | 29.89% | 24.52% | 21.87% | 20.28% |
| Huntington Bancshares Incorporated (HBAN)vs › | $34.54B | 27.63% | 26.46% | 30.82% | 30.24% |
| Arch Capital Group Ltd. (ACGL)vs › | $35.12B | 25.95% | 26.48% | 23.09% | 21.77% |
| M&T Bank Corporation (MTB)vs › | $35.70B | 32.14% | 30.31% | 32.41% | 34.77% |
| Cincinnati Financial Corporation (CINF)vs › | $27.27B | 24.92% | 25.64% | 16.62% | 21.25% |
| W. R. Berkley Corporation (WRB)vs › | $27.00B | 15.65% | 15.50% | 15.29% | 14.42% |
Gross Margin
42.1%
EBITDA Margin
12.5%
Operating Margin
22.2%
Net Margin
15.5%
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 | 12.49% |
| 2026-03-31 | 20.90% |
| 2025-12-31 | 38.32% |
| 2025-09-30 | 22.77% |
| 2025-06-30 | 20.96% |
| 2025-03-31 | 24.02% |
| 2024-12-31 | 33.11% |
| 2024-09-30 | -28.40% |
| 2024-06-30 | 14.53% |
| 2024-03-31 | 17.04% |
| 2023-12-31 | 30.78% |
| 2023-09-30 | 12.97% |
| 2023-06-30 | 12.78% |
| 2023-03-31 | 18.54% |
| 2022-12-31 | 31.04% |
| 2022-09-30 | 14.59% |
| 2022-06-30 | 14.03% |
| 2022-03-31 | 15.28% |
| 2021-12-31 | 31.15% |
| 2021-09-30 | 65.13% |
| 2021-06-30 | 16.26% |
| 2021-03-31 | 17.28% |
| 2020-12-31 | 27.89% |
| 2020-09-30 | 13.02% |
| 2020-06-30 | 16.52% |
| 2020-03-31 | 23.48% |
| 2019-12-31 | 32.60% |
| 2019-09-30 | 14.23% |
| 2019-06-30 | 17.48% |
| 2019-03-31 | 23.36% |
| 2018-12-31 | 27.45% |
| 2018-09-30 | 10.65% |
| 2018-06-30 | 12.86% |
| 2018-03-31 | 19.68% |
| 2017-12-31 | 16.03% |
| 2017-09-30 | 9.29% |
| 2017-06-30 | 13.82% |
| 2017-03-31 | 26.05% |
| 2016-12-31 | 14.63% |
| 2016-09-30 | 11.42% |
| 2016-06-30 | 15.65% |
| 2016-03-31 | 23.72% |
| 2015-12-31 | 5.13% |
| 2015-09-30 | 8.87% |
| 2015-06-30 | 15.62% |
| 2015-03-31 | 30.27% |
| 2014-12-31 | 18.48% |
| 2014-09-30 | 8.62% |
| 2014-06-30 | 19.68% |
| 2014-03-31 | 33.00% |
| 2013-12-31 | 20.78% |
| 2013-09-30 | 13.21% |
| 2013-06-30 | 22.70% |
| 2013-03-31 | 30.54% |
| 2012-12-31 | -84.96% |
| 2012-09-30 | 13.93% |
| 2012-06-30 | 25.30% |
| 2012-03-31 | 34.65% |
| 2011-12-31 | 14.13% |
| 2011-09-30 | 16.45% |
| 2011-06-30 | 22.30% |
| 2011-03-31 | 27.41% |
| 2010-12-31 | 25.51% |
| 2010-09-30 | 19.37% |
| 2010-06-30 | 25.78% |
| 2010-03-31 | 34.67% |
| 2009-12-31 | 25.97% |
| 2009-09-30 | 17.38% |
| 2009-06-30 | 25.77% |
| 2009-03-31 | 33.55% |
| 2008-12-31 | 21.65% |
| 2008-09-30 | 14.85% |
| 2008-06-30 | 14.22% |
| 2008-03-31 | 30.31% |
| 2007-12-31 | 26.29% |
| 2007-09-30 | 18.99% |
| 2007-06-30 | 24.76% |
| 2007-03-31 | 34.37% |
| 2006-12-31 | 23.99% |
| 2006-09-30 | 20.99% |
| 2006-06-30 | 22.60% |
| 2006-03-31 | 32.49% |
| 2005-12-31 | 21.53% |
| 2005-09-30 | 16.22% |
| 2005-06-30 | 39.34% |
| 2005-03-31 | 15.99% |
| 2004-12-31 | 30.95% |
| 2004-09-30 | 24.69% |
| 2004-06-30 | 30.83% |
| 2004-03-31 | 36.99% |
| 2003-12-31 | 35.18% |
| 2003-09-30 | 25.44% |
| 2003-06-30 | 29.47% |
| 2003-03-31 | 35.32% |
| 2002-12-31 | 42.86% |
| 2002-09-30 | 18.72% |
