• Maximus average ebitda margin for 2023 was 9.4%, a 5.24% increase from 2022.
• Maximus average ebitda margin for 2022 was 9.92%, a 17.88% decline from 2021.
• Maximus average ebitda margin for 2021 was 12.08%, a 5.78% decline from 2020.

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