• Stride average ebitda margin for 2023 was 15.79%, a 9.35% increase from 2022.
• Stride average ebitda margin for 2022 was 14.44%, a 7.84% increase from 2021.
• Stride average ebitda margin for 2021 was 13.39%, a 21.4% increase from 2020.

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