• Docusign average ebit margin for 2023 was -1.6%, a 55.68% decline from 2022.
• Docusign average ebit margin for 2022 was -3.61%, a 51.74% decline from 2021.
• Docusign average ebit margin for 2021 was -7.48%, a 56.54% decline from 2020.

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