Imperial Brands (XTER:ITB) EBITDA Margin %: 9.26% (As of Mar. 2026) — 28% Below Median


XTER:ITB Imperial Brands PLC XTER:ITB
71 GF Score
Price €32.37
GF Value €20.89
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Imperial Brands EBITDA Margin %?

Imperial Brands XTER:ITB +0.81% 71 EBITDA Margin % is 9.26% as of Mar. 2026, which is 28% below its 10-year median of 12.84. GuruFocus rates XTER:ITB with a GF Score™ of 71/100 and a GF Value™ of €20.89 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 48 Tobacco Products companies, Imperial Brands ranks better than 52.08% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Imperial Brands's EBITDA for the six months ended in Mar. 2026 was €1,572 Mil. Imperial Brands's Revenue for the six months ended in Mar. 2026 was €16,976 Mil. Therefore, Imperial Brands's EBITDA margin for the quarter that ended in Mar. 2026 was 9.26%.


Imperial Brands  (XTER:ITB) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Imperial Brands EBITDA Margin % Related Terms


Imperial Brands EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Imperial Brands's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Imperial Brands EBITDA Margin % Chart

Imperial Brands Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.95 15.14 13.07 12.76 13.57

Imperial Brands Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.27 14.06 12.65 14.33 9.26

XTER:ITB vs PM, MO, TPB: EBITDA Margin % Comparison

For the Tobacco subindustry, Imperial Brands's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Imperial Brands EBITDA Margin % vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Imperial Brands's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Imperial Brands's EBITDA Margin % falls into.


XTER:ITB
71GF Score
Imperial Brands PLC XTER:ITB
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Imperial Brands EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Imperial Brands's EBITDA Margin % for the fiscal year that ended in Sep. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Sep. 2025 )/Revenue (A: Sep. 2025 )
=5025.649/37040.124
=13.57 %

Imperial Brands's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1571.993/16975.913
=9.26 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 9.26% mean?
Imperial Brands (XTER:ITB) has a EBITDA Margin % of 9.26% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Imperial Brands and its competitors. This is 28% below median its historical median of 12.84. Over the past decade, Imperial Brands' EBITDA Margin % has ranged from 10.29 to 15.14. According to the industry distribution chart, Imperial Brands ranks #23 out of 48 companies in the Tobacco Products industry, placing it in the top 47.9%.
Is Imperial Brands' EBITDA Margin % too high?
Imperial Brands' current EBITDA Margin % of 9.26% is 28% below median its 10-year median of 12.84. Over the past 10 years, this metric has ranged from a low of 10.29 to a high of 15.14. The Tobacco Products industry median EBITDA Margin % is 11.19. Imperial Brands' value of 9.26% is 17.2% below this industry median. Based on the distribution chart, Imperial Brands ranks #23 out of 48 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, Imperial Brands has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Imperial Brands' EBITDA Margin % compare to PM and MO?
According to the Tobacco Products industry distribution chart, Imperial Brands ranks #23 out of 48 companies for EBITDA Margin %. This puts Imperial Brands in the upper half of its industry. The industry median EBITDA Margin % is 11.19. Imperial Brands' value of 9.26% is 17.2% below this benchmark. Historically, Imperial Brands' own EBITDA Margin % has ranged from 10.29 to 15.14 over the past decade. While the company's 10-year median is 12.84 vs. the industry median of 11.19, Imperial Brands has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Tobacco Products company?
The median EBITDA Margin % among Tobacco Products companies is 11.19, based on 48 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Imperial Brands's current EBITDA Margin % of 9.26% is 17.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Imperial Brands and its competitors. For the Tobacco Products industry, the median EBITDA Margin % is 11.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Imperial Brands's current EBITDA Margin % is 9.26%, which is 28% below median its own 10-year median of 12.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Brands stock overvalued right now?
Based on GuruFocus' analysis, Imperial Brands (XTER:ITB) is currently considered Significantly Overvalued. The stock's GF Value™ is €20.89, compared to a current price of €32.37 — trading 55% above its estimated fair value. The current EBITDA Margin % is 9.26%, which is 28% below median its 10-year median of 12.84 and 17.2% below the Tobacco Products industry median of 11.19. Imperial Brands' overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Imperial Brands (XTER:ITB), the current EBITDA Margin % is 9.26% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Imperial Brands (XTER:ITB) Overvalued in 2026?

Based on GuruFocus' analysis, Imperial Brands stock appears to be overvalued. The current stock price of €32.37 is trading 55% above its estimated GF Value™ of €20.89. GuruFocus considers Imperial Brands to be Significantly Overvalued.

Key valuation signals for XTER:ITB:

  • EBITDA Margin %: 9.26% (28% below median its 10-year median of 12.84)
  • GF Value™: €20.89 vs. price of €32.37 (55% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 17.2% below the Tobacco Products median (#23 of 48)

No single metric tells the full story. See the XTER:ITB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Imperial Brands Business Description

Address 121 Winterstoke Road, Bristol, GBR, BS3 2LL
Imperial Brands is the world's fourth-largest international tobacco company (excluding China National Tobacco), with total fiscal 2025 volume of 187 billion cigarettes sold in more than 120 countries. Its largest and most important markets are the US (where it sits as the third-largest manufacturer, following its acquisition of the Winston and Blu brands), Germany, the UK, Spain, and Australia. The firm also holds a leading global position in the fine-cut tobacco and hand-rolling paper categories. It has a logistics platform in Western Europe, Altadis.
71GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€32.37
Price
€20.89
GF Value