• FirstEnergy average ebitda margin for 2023 was 25.64%, a 7.64% increase from 2022.
• FirstEnergy average ebitda margin for 2022 was 27.76%, a 12.18% decline from 2021.
• FirstEnergy average ebitda margin for 2021 was 31.61%, a 0.03% decline from 2020.

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