• Elbit Systems average ebitda margin for 2023 was 9.57%, a 0% decline from 2022.
• Elbit Systems average ebitda margin for 2022 was 9.57%, a 10.81% decline from 2021.
• Elbit Systems average ebitda margin for 2021 was 10.73%, a 7.95% decline from 2020.

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