• Keppel average ebitda margin for 2019 was 16.5%, a 22.9% decline from 2018.
• Keppel average ebitda margin for 2018 was 21.4%, a 39.14% decline from 2017.
• Keppel average ebitda margin for 2017 was 15.38%, a 3.51% increase from 2016.

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