• Makita average ebitda margin for 2023 was 14.18%, a 6.15% decline from 2022.
• Makita average ebitda margin for 2022 was 15.11%, a 13.06% decline from 2021.
• Makita average ebitda margin for 2021 was 17.38%, a 0% decline from 2020.

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