• Danaher average ebitda margin for 2023 was 33.76%, a 3.9% decline from 2022.
• Danaher average ebitda margin for 2022 was 35.13%, a 5.97% decline from 2021.
• Danaher average ebitda margin for 2021 was 33.15%, a 24.39% increase from 2020.

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