• American average ebit margin for 2023 was 892.01%, a 3751.29% decline from 2022.
• American average ebit margin for 2022 was -24.43%, a 232.05% decline from 2021.
• American average ebit margin for 2021 was 18.5%, a 133.88% decline from 2020.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues