• Equinix average ebit margin for 2023 was 17.42%, a 7.2% increase from 2022.
• Equinix average ebit margin for 2022 was 16.25%, a 5.19% increase from 2021.
• Equinix average ebit margin for 2021 was 17.14%, a 10.96% decline from 2020.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues