• Copart average ebitda margin for 2023 was 42.32%, a 3.05% decline from 2022.
• Copart average ebitda margin for 2022 was 43.65%, a 5.5% decline from 2021.
• Copart average ebitda margin for 2021 was 46.19%, a 11.19% decline from 2020.

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