• Everest Group average ebitda margin for 2023 was 11.92%, a 52.43% increase from 2022.
• Everest Group average ebitda margin for 2022 was 7.82%, a 36.63% increase from 2021.
• Everest Group average ebitda margin for 2021 was 12.34%, a 69.27% decline from 2020.

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