• Amdocs average ebitda margin for 2023 was 18.08%, a 6.22% decline from 2022.
• Amdocs average ebitda margin for 2022 was 19.28%, a 2.06% decline from 2021.
• Amdocs average ebitda margin for 2021 was 18.89%, a 0.53% increase from 2020.

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