• Catalent average ebitda margin for 2023 was -2.59%, a 111.4% increase from 2022.
• Catalent average ebitda margin for 2022 was 22.72%, a 19.29% decline from 2021.
• Catalent average ebitda margin for 2021 was 28.15%, a 30.93% decline from 2020.

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