• American average ebitda margin for 2023 was 22.62%, a 38.85% decline from 2022.
• American average ebitda margin for 2022 was 36.99%, a 49.88% decline from 2021.
• American average ebitda margin for 2021 was 24.68%, a 18.48% increase from 2020.

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