• Advantest average ebitda margin for 2023 was 29.29%, a 11.59% decline from 2022.
• Advantest average ebitda margin for 2022 was 33.13%, a 17.27% decline from 2021.
• Advantest average ebitda margin for 2021 was 28.25%, a 14.42% increase from 2020.

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