• Allegion average ebitda margin for 2023 was 22.18%, a 7.83% increase from 2022.
• Allegion average ebitda margin for 2022 was 20.57%, a 5.21% increase from 2021.
• Allegion average ebitda margin for 2021 was 21.7%, a 3.77% decline from 2020.

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