• Ball average ebitda margin for 2023 was 12.84%, a 5.1% increase from 2022.
• Ball average ebitda margin for 2022 was 13.53%, a 8.89% decline from 2021.
• Ball average ebitda margin for 2021 was 14.85%, a 9.92% decline from 2020.

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