• Affiliated Managers average ebitda margin for 2023 was 34.33%, a 11.45% increase from 2022.
• Affiliated Managers average ebitda margin for 2022 was 38.77%, a 0.08% decline from 2021.
• Affiliated Managers average ebitda margin for 2021 was 38.8%, a 1.46% decline from 2020.

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