• CBRE average ebitda margin for 2023 was 5.28%, a 31.87% increase from 2022.
• CBRE average ebitda margin for 2022 was 7.75%, a 1.44% decline from 2021.
• CBRE average ebitda margin for 2021 was 7.64%, a 8.83% increase from 2020.

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