• Cisco average ebitda margin for 2023 was 29.5%, a 4.53% decline from 2022.
• Cisco average ebitda margin for 2022 was 30.9%, a 3.66% decline from 2021.
• Cisco average ebitda margin for 2021 was 29.81%, a 3.65% increase from 2020.

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