Elastic EBIT Margin 2018-2024 | ESTC
- Elastic average ebit margin for 2023 was -18.89%, a 9.36% decline from 2022.
- Elastic average ebit margin for 2022 was -20.84%, a 1.26% decline from 2021.
- Elastic average ebit margin for 2021 was -20.58%, a 42.87% increase from 2020.
Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues