• Best Buy average ebitda margin for 2023 was 5.8%, a 14.71% increase from 2022.
• Best Buy average ebitda margin for 2022 was 6.8%, a 9.09% decline from 2021.
• Best Buy average ebitda margin for 2021 was 7.48%, a 12.48% decline from 2020.

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