• Eastman Chemical average ebitda margin for 2023 was 15.92%, a 17% increase from 2022.
• Eastman Chemical average ebitda margin for 2022 was 19.18%, a 1.8% decline from 2021.
• Eastman Chemical average ebitda margin for 2021 was 18.84%, a 12.95% increase from 2020.

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