• CF Industries Holdings average ebitda margin for 2023 was 49.87%, a 6.12% decline from 2022.
• CF Industries Holdings average ebitda margin for 2022 was 53.12%, a 42.34% decline from 2021.
• CF Industries Holdings average ebitda margin for 2021 was 37.32%, a 3.42% increase from 2020.

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