• Eastman Chemical average ebitda margin for 2023 was 15.89%, a 17.24% increase from 2022.
• Eastman Chemical average ebitda margin for 2022 was 19.2%, a 1.91% 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.