• Altria average ebitda margin for 2023 was 48.01%, a 1.5% decline from 2022.
• Altria average ebitda margin for 2022 was 47.3%, a 5.37% increase from 2021.
• Altria average ebitda margin for 2021 was 44.89%, a 6.7% increase from 2020.

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