• Bayer average ebit margin for 2023 was 5.14%, a 61.47% decline from 2022.
• Bayer average ebit margin for 2022 was 13.34%, a 235.43% decline from 2021.
• Bayer average ebit margin for 2021 was -9.85%, a 55.69% decline from 2020.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues