• CoStar average ebitda margin for 2023 was 23.57%, a 26.89% decline from 2022.
• CoStar average ebitda margin for 2022 was 32.24%, a 6.97% decline from 2021.
• CoStar average ebitda margin for 2021 was 30.14%, a 4.59% increase from 2020.

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