• Danaher average ebit margin for 2023 was 24.64%, a 8.5% decline from 2022.
• Danaher average ebit margin for 2022 was 26.93%, a 10.28% decline from 2021.
• Danaher average ebit margin for 2021 was 24.42%, a 35.74% increase from 2020.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues