• Cencora average ebitda margin for 2023 was 1.28%, a 5.88% increase from 2022.
• Cencora average ebitda margin for 2022 was 1.36%, a 718.18% decline from 2021.
• Cencora average ebitda margin for 2021 was -0.22%, a 67.16% decline from 2020.

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