• Arcosa average ebitda margin for 2023 was 22.18%, a 42% decline from 2022.
• Arcosa average ebitda margin for 2022 was 15.62%, a 23.38% increase from 2021.
• Arcosa average ebitda margin for 2021 was 12.66%, a 9.57% increase from 2020.

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