• Mosaic average ebitda margin for 2023 was 21.4%, a 32.83% decline from 2022.
• Mosaic average ebitda margin for 2022 was 31.86%, a 40.04% 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.