• Canon average ebitda margin for 2023 was 14.32%, a 0.35% increase from 2022.
• Canon average ebitda margin for 2022 was 14.37%, a 6.84% decline from 2021.
• Canon average ebitda margin for 2021 was 13.45%, a 27.73% increase from 2020.

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