• Ashtead Group average ebitda margin for 2024 was 45.38%, a 0.31% increase from 2023.
• Ashtead Group average ebitda margin for 2023 was 45.52%, a 47.17% decline from 2022.
• Ashtead Group average ebitda margin for 2022 was 30.93%, a 10.82% increase from 2021.

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