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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

American Well (AMWL) EBITDA Margin (2019 - 2026)

American Well has reported EBITDA Margin over the past 7 years, most recently at 45.48% for Q4 2025.

  • For Q4 2025, EBITDA Margin rose 1474.0% year-over-year to 45.48%; the TTM value through Dec 2025 reached 42.22%, up 4330.0%, while the annual FY2025 figure was 42.22%, 4330.0% up from the prior year.
  • EBITDA Margin for Q4 2025 was 45.48% at American Well, up from 52.11% in the prior quarter.
  • Over five years, EBITDA Margin peaked at 28.74% in Q2 2025 and troughed at 620.81% in Q1 2023.
  • A 5-year average of 116.58% and a median of 81.21% in 2022 define the central range for EBITDA Margin.
  • Biggest five-year swings in EBITDA Margin: plummeted -50489bps in 2023 and later surged 49475bps in 2024.
  • Year by year, EBITDA Margin stood at 71.51% in 2021, then fell by -14bps to 81.84% in 2022, then grew by 2bps to 80.58% in 2023, then rose by 25bps to 60.21% in 2024, then rose by 24bps to 45.48% in 2025.
  • Business Quant data shows EBITDA Margin for AMWL at 45.48% in Q4 2025, 52.11% in Q3 2025, and 28.74% in Q2 2025.