• HP average ebitda margin for 2023 was 7.68%, a 15.88% increase from 2022.
• HP average ebitda margin for 2022 was 9.13%, a 2.24% decline from 2021.
• HP average ebitda margin for 2021 was 8.93%, a 16.73% increase from 2020.

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