• 3M average ebitda margin for 2024 was 4.82%, a 123.77% increase from 2023.
• 3M average ebitda margin for 2023 was -20.28%, a 184.39% decline from 2022.
• 3M average ebitda margin for 2022 was 24.03%, a 12.24% decline from 2021.

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