• Alcoa average ebitda margin for 2023 was 1.15%, a 91.29% increase from 2022.
• Alcoa average ebitda margin for 2022 was 13.2%, a 12.06% decline from 2021.
• Alcoa average ebitda margin for 2021 was 15.01%, a 111.41% decline from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.