• Itron average ebitda margin for 2023 was 6.55%, a 529.81% increase from 2022.
• Itron average ebitda margin for 2022 was 1.04%, a 79.57% increase from 2021.
• Itron average ebitda margin for 2021 was 5.09%, a 19.21% decline from 2020.

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