• Byd average ebitda margin for 2024 was 21.57%, a 48.56% decline from 2023.
• Byd average ebitda margin for 2023 was 41.93%, a 41.6% decline from 2022.
• Byd average ebitda margin for 2022 was 71.8%, a 28.2% decline from 2021.

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