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EBITDA Margin Calculator

EBITDA is operating profit with depreciation and amortisation added back. On 500,000,000 of revenue with 40,000,000 of operating profit and 25,000,000 of depreciation, EBITDA is 65,000,000 and the margin is 13.0%. The five-point gap to the 8.0% operating margin is exactly depreciation as a share of revenue — and it opens up wide in asset-heavy businesses.

Your numbers

EBITDA margin

13%

EBITDA

65,000,000

Operating margin

8%

Formula

EBITDA = Operating profit + Depreciation and amortisation, EBITDA margin = EBITDA ÷ Revenue × 100

EBITDA excludes interest, tax, depreciation and amortisation: the cost of the borrowing and the cost of the assets wearing out are both taken out. Nor is it cash flow — money tied up in inventory and receivables, and money spent replacing equipment, are nowhere in it. A company with heavy depreciation looks better on EBITDA and needs that reinvestment anyway.

What to enter

InputDefaultAccepted range
RevenueEverything sold in the period; settle first whether tax and discounts are out.500,000,0000 and up
Operating profitProfit after cost of sales and operating expenses, before interest and tax.40,000,000No limit
Depreciation and amortisationThe write-down of assets as they wear out; no cash actually leaves.25,000,0000 and up

Step by step

FormulaEBITDA = Operating profit + Depreciation and amortisation, EBITDA margin = EBITDA ÷ Revenue × 100
With the default numbersEBITDA = 40,000,000 + 25,000,000, EBITDA margin = EBITDA ÷ 500,000,000 × 100
AnswerEBITDA margin = 13 %

Quick reference table

Results when only Revenue changes and everything else stays put.

RevenueEBITDA margin (%)EBITDAOperating margin (%)
250,000,0002665,000,00016
375,000,00017.365,000,00010.7
500,000,0001365,000,0008
750,000,0008.765,000,0005.3
1,000,000,0006.565,000,0004

What each result means

ResultAt default values
EBITDA margin (%)EBITDA over revenue; it runs far above operating margin in asset-heavy trades.13
EBITDAOperating profit with depreciation and amortisation added back.65,000,000
Operating margin (%)Operating profit over revenue — what is left after depreciation too.8

Common mistakes

EBITDA excludes interest, tax, depreciation and amortisation: the cost of the borrowing and the cost of the assets wearing out are both taken out. Nor is it cash flow — money tied up in inventory and receivables, and money spent replacing equipment, are nowhere in it. A company with heavy depreciation looks better on EBITDA and needs that reinvestment anyway.

Glossary

Revenue
Everything sold in the period; settle first whether tax and discounts are out.
Operating profit
Profit after cost of sales and operating expenses, before interest and tax.
Depreciation and amortisation
The write-down of assets as they wear out; no cash actually leaves.
EBITDA margin
EBITDA over revenue; it runs far above operating margin in asset-heavy trades.
EBITDA
Operating profit with depreciation and amortisation added back.
Operating margin
Operating profit over revenue — what is left after depreciation too.

Frequently asked questions

Q. How is EBITDA Margin Calculator calculated?

EBITDA = Operating profit + Depreciation and amortisation, EBITDA margin = EBITDA ÷ Revenue × 100 — EBITDA is operating profit with depreciation and amortisation added back. On 500,000,000 of revenue with 40,000,000 of operating profit and 25,000,000 of depreciation, EBITDA is 65,000,000 and the margin is 13.0%. The five-point gap to the 8.0% operating margin is exactly depreciation as a share of revenue — and it opens up wide in asset-heavy businesses.

Q. Can you walk through an example?

With Revenue 500,000,000, Operating profit 40,000,000, Depreciation and amortisation 25,000,000, the answer is EBITDA margin 13%.

Q. What do I need to enter?

Enter Revenue, Operating profit, Depreciation and amortisation. The result recalculates as you type, and an empty box counts as zero.

Q. How much does the answer move if I change a number?

Changing only Revenue moves the answer to Revenue 250,000,000 → EBITDA margin (%) 26 and Revenue 1,000,000,000 → EBITDA margin (%) 6.5. The table below lays out five steps.

Q. How are the numbers rounded?

Money is shown to the nearest whole unit, percentages to one decimal place and everything else to two. What you see is rounded; the calculation itself carries the unrounded value forward.

Q. Anything to watch out for?

EBITDA excludes interest, tax, depreciation and amortisation: the cost of the borrowing and the cost of the assets wearing out are both taken out. Nor is it cash flow — money tied up in inventory and receivables, and money spent replacing equipment, are nowhere in it. A company with heavy depreciation looks better on EBITDA and needs that reinvestment anyway.

Related calculators

Tax rates and interest conventions differ by country and product — check your contract for real transactions.