• Lear average ebitda margin for 2023 was 6.44%, a 15% decline from 2022.
• Lear average ebitda margin for 2022 was 5.6%, a 20.79% increase from 2021.
• Lear average ebitda margin for 2021 was 7.07%, a 19.83% decline from 2020.

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