• Elevance Health average ebitda margin for 2023 was 6.25%, a 6.44% decline from 2022.
• Elevance Health average ebitda margin for 2022 was 6.68%, a 2.91% decline from 2021.
• Elevance Health average ebitda margin for 2021 was 6.88%, a 5.88% decline from 2020.

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