• Moelis average ebitda margin for 2023 was 5.03%, a 82.69% decline from 2022.
• Moelis average ebitda margin for 2022 was 29.06%, a 14.1% decline from 2021.
• Moelis average ebitda margin for 2021 was 33.83%, a 98.53% decline from 2020.

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