• Avery Dennison average ebitda margin for 2023 was 13.31%, a 13.29% increase from 2022.
• Avery Dennison average ebitda margin for 2022 was 15.35%, a 2.88% decline from 2021.
• Avery Dennison average ebitda margin for 2021 was 14.92%, a 10.6% increase from 2020.

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