• EQT average ebitda margin for 2023 was 67.14%, a 478.29% decline from 2022.
• EQT average ebitda margin for 2022 was 11.61%, a 111% increase from 2021.
• EQT average ebitda margin for 2021 was -105.55%, a 2015.23% decline from 2020.

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