• Genmab average ebit margin for 2023 was 37.63%, a 1.84% decline from 2022.
• Genmab average ebit margin for 2022 was 36.95%, a 18.16% increase from 2021.
• Genmab average ebit margin for 2021 was 45.15%, a 19.85% decline from 2020.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues