• Lowe's average ebitda margin for 2023 was 12.59%, a 14.82% increase from 2022.
• Lowe's average ebitda margin for 2022 was 14.78%, a 9.81% decline from 2021.
• Lowe's average ebitda margin for 2021 was 13.46%, a 15.14% increase from 2020.

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