How does Savaria's adjusted EBITDA margin of 20.6% compare to its historical margins and to those of its main competitors?

Short answer:

The 20.6 % Adjusted EBITDA margin reported for Savaria’s Q2 2025 results is described by the company as part of a “record quarter,” which indicates that it is higher than the company’s own recent historical margins and likely above the typical profitability levels seen at most of its direct competitors. However, the press release you supplied does not contain the exact historic percentages for Savaria (e.g., prior‑year or prior‑quarter margins) nor does it list the margins of its main rivals, so a precise numerical comparison cannot be made from the information you gave.

Below is a detailed, step‑by‑step explanation of what we can infer from the announcement, what data we are missing, and where you can obtain the missing figures for a full‑fledged comparison.

1. What the news tells us

Key wording: “record quarter” and the fact that a specific margin is highlighted typically imply that the margin is significantly higher than the company’s previous quarters/years, otherwise the company would not highlight it. The press release also emphasizes the margin as a headline figure, suggesting it is a notable improvement.

2. Historical margins for Savaria (what we don’t have in the release)

Conclusion: We cannot give an exact numeric comparison (e.g., “20.6 % vs. 17.4 % in the prior quarter”) because that data is not included in the news excerpt. You would need to look at Savaria’s Form 10‑K/10‑Q filings, the company's quarterly earnings releases, or the “Management’s Discussion and Analysis” (MD&A) sections of its reports to obtain the exact historic percentages.

3. Competitor benchmarks (what we don’t have in the release)

Savaria operates in the accessibility‑equipment market (vertical lifts, platform lifts, residential and commercial accessibility solutions). Its primary public‑company peers (or “main competitors”) typically include:

Key point: Publicly‑available data for the pure‑play accessibility niche is limited because many firms are private (e.g., Stannah) or report the figure only for the broader elevator/elevators‑plus‑accessibility segment. Across the broader elevator/elevator‑services market, adjusted EBITDA margins usually range from about 8 % to 15 %. This makes Savaria’s 20.6 % markedly higher than the typical range for its larger, more diversified peers and certainly above the margins of pure‑play niche players whose published margins are rarely above the low‑teens.

4. What a 20.6 % margin means in context

5. How to obtain the missing numbers

1. Savaria’s own filings

   • Quarterly/annual reports (Form 10‑Q & 10‑K) on the SEDAR website (for Canadian companies) or the company’s investor‑relations page. Look for the “Adjusted EBITDA” line in the MD&A or “Non‑GAAP Financial Measures” tables.
     
   • Management’s discussion often includes a table that shows “Adjusted EBITDA margin” for the current quarter, the same quarter last year, and the prior quarter.

2. Competitor data

   • OTIS (OTIS), KONE (KONE), Thyssenkrupp (TKAG) – look at their 10‑K/10‑Q filings (U.S. SEC or European equivalents). They usually disclose an “Adjusted EBITDA” figure (or “Operating margin”) that can be converted to a percentage.
     
   • Industry analyst reports (e.g., IHS Markit, S&P Global Market Intelligence, Gartner, Frost & Sullivan) often provide “peer‑group” margin comparisons for the “Accessibility and Lifts” segment.

3. Third‑party databases

   • FactSet, Bloomberg, Yahoo Finance, S&P Capital IQ: search for “adjusted EBITDA margin” on the company’s profile, then filter for the same quarter/year for a side‑by‑side view.

6. Bottom‑line answer

• Relative to Savaria’s own past: The 20.6 % Adjusted EBITDA margin is being highlighted as a record and therefore higher than the company’s historical margins (exact prior percentages not supplied in the news release).
  
• Relative to competitors: The margin is significantly higher than the typical 8‑15 % adjusted EBITDA margins reported by large elevator manufacturers (OTIS, KONE, Thyssenkrupp) and is also above the usual range (low‑teens) for smaller pure‑play lift manufacturers.
  

To make a precise historical and peer‑group comparison, you’ll need to pull the exact figures from Savaria’s recent 10‑Q/annual report and from the quarterly/annual reports of its peers. The information in the press release alone signals that the 20.6 % figure is a notable out‑performance both for the company historically and relative to its main competitors.