• Fox average ebitda margin for 2023 was 20.52%, a 4.2% increase from 2022.
• Fox average ebitda margin for 2022 was 21.42%, a 8.34% decline from 2021.
• Fox average ebitda margin for 2021 was 23.37%, a 1.06% decline from 2020.

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