• Honda average ebitda margin for 2023 was 9.46%, a 4.73% increase from 2022.
• Honda average ebitda margin for 2022 was 9.93%, a 6.23% decline from 2021.
• Honda average ebitda margin for 2021 was 10.59%, a 32.04% decline from 2020.

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