• Cooper average ebitda margin for 2023 was 25.04%, a 5.58% increase from 2022.
• Cooper average ebitda margin for 2022 was 26.52%, a 2.82% decline from 2021.
• Cooper average ebitda margin for 2021 was 27.29%, a 0.58% decline from 2020.

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