• Fastenal average ebitda margin for 2023 was 23.23%, a 0.6% decline from 2022.
• Fastenal average ebitda margin for 2022 was 23.37%, a 1.08% decline from 2021.
• Fastenal average ebitda margin for 2021 was 23.12%, a 1.14% increase from 2020.

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