• Fidelity National Financial average ebitda margin for 2023 was 13.66%, a 42.7% decline from 2022.
• Fidelity National Financial average ebitda margin for 2022 was 23.84%, a 9.94% decline from 2021.
• Fidelity National Financial average ebitda margin for 2021 was 26.47%, a 57.65% decline from 2020.

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