• Hexcel average ebitda margin for 2023 was 19.43%, a 5.89% decline from 2022.
• Hexcel average ebitda margin for 2022 was 18.35%, a 82.59% increase from 2021.
• Hexcel average ebitda margin for 2021 was 10.05%, a 42.17% increase from 2020.

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