• Mosaic average ebitda margin for 2023 was 21.47%, a 32.63% decline from 2022.
• Mosaic average ebitda margin for 2022 was 31.87%, a 40.09% decline from 2021.
• Mosaic average ebitda margin for 2021 was 22.75%, a 221.78% increase from 2020.

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