• Element Solutions average ebitda margin for 2023 was 18.15%, a 2.47% increase from 2022.
• Element Solutions average ebitda margin for 2022 was 18.61%, a 12.13% decline from 2021.
• Element Solutions average ebitda margin for 2021 was 21.18%, a 4.59% decline from 2020.

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