• Illumina average ebit margin for 2023 was -58.65%, a 18.2% increase from 2022.
• Illumina average ebit margin for 2022 was -49.62%, a 753.75% increase from 2021.
• Illumina average ebit margin for 2021 was 7.59%, a 67.34% decline from 2020.

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