• Kellanova average ebit margin for 2023 was 9.63%, a 10% increase from 2022.
• Kellanova average ebit margin for 2022 was 10.7%, a 14.13% decline from 2021.
• Kellanova average ebit margin for 2021 was 12.46%, a 2.98% decline from 2020.

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