• Bayer average ebitda margin for 2024 was 19.02%, a 20.58% decline from 2023.
• Bayer average ebitda margin for 2023 was 23.95%, a 7.74% decline from 2022.
• Bayer average ebitda margin for 2022 was 22.23%, a 134.74% increase from 2021.

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