• Exelixis average ebitda margin for 2023 was 8.61%, a 59.67% increase from 2022.
• Exelixis average ebitda margin for 2022 was 21.35%, a 59.09% decline from 2021.
• Exelixis average ebitda margin for 2021 was 13.42%, a 45.69% increase from 2020.

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