• Corning average ebitda margin for 2023 was 18.6%, a 18.21% decline from 2022.
• Corning average ebitda margin for 2022 was 22.74%, a 7.71% decline from 2021.
• Corning average ebitda margin for 2021 was 24.64%, a 37.81% decline from 2020.

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