• Insmed average ebitda margin for 2023 was -223.61%, a 34.69% increase from 2022.
• Insmed average ebitda margin for 2022 was -166.02%, a 2.96% increase from 2021.
• Insmed average ebitda margin for 2021 was -171.08%, a 40.47% decline from 2020.

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