• EQT average ebit margin for 2023 was 47.63%, a 222.69% decline from 2022.
• EQT average ebit margin for 2022 was -38.82%, a 83.36% decline from 2021.
• EQT average ebit margin for 2021 was -233.31%, a 373.82% decline from 2020.

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