• Jfe Holdings average ebitda margin for 2023 was 9.18%, a 21.67% decline from 2022.
• Jfe Holdings average ebitda margin for 2022 was 11.72%, a 8.82% decline from 2021.
• Jfe Holdings average ebitda margin for 2021 was 10.77%, a 90.62% increase from 2020.

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