• Elevance Health average ebitda margin for 2023 was 6.4%, a 6.16% decline from 2022.
• Elevance Health average ebitda margin for 2022 was 6.82%, a 2.4% decline from 2021.
• Elevance Health average ebitda margin for 2021 was 6.66%, a 11.32% increase from 2020.

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