• Docusign average ebitda margin for 2023 was 9.28%, a 21.94% increase from 2022.
• Docusign average ebitda margin for 2022 was 7.61%, a 51.59% increase from 2021.
• Docusign average ebitda margin for 2021 was 5.02%, a 291.6% increase from 2020.

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