• Kirby average ebitda margin for 2023 was 17.57%, a 6.04% increase from 2022.
• Kirby average ebitda margin for 2022 was 18.7%, a 49.12% decline from 2021.
• Kirby average ebitda margin for 2021 was 12.54%, a 327.59% increase from 2020.

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