• Coty average ebitda margin for 2023 was 16.6%, a 5.8% decline from 2022.
• Coty average ebitda margin for 2022 was 15.69%, a 98.36% increase from 2021.
• Coty average ebitda margin for 2021 was 7.91%, a 138.4% increase from 2020.

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