• Corning average ebitda margin for 2023 was 17.66%, a 21.62% decline from 2022.
• Corning average ebitda margin for 2022 was 22.53%, a 8.56% 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.