• Donaldson average ebitda margin for 2023 was 16.78%, a 2.57% increase from 2022.
• Donaldson average ebitda margin for 2022 was 16.36%, a 1.8% increase from 2021.
• Donaldson average ebitda margin for 2021 was 16.66%, a 0.06% decline from 2020.

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