• Darling Ingredients average ebitda margin for 2023 was 21.86%, a 4.5% decline from 2022.
• Darling Ingredients average ebitda margin for 2022 was 22.89%, a 5.72% decline from 2021.
• Darling Ingredients average ebitda margin for 2021 was 24.28%, a 7.12% decline from 2020.

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