• Kellanova average ebitda margin for 2023 was 13.36%, a 8.24% increase from 2022.
• Kellanova average ebitda margin for 2022 was 14.56%, a 8.89% decline from 2021.
• Kellanova average ebitda margin for 2021 was 15.98%, a 2.3% decline from 2020.

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