• Microsoft average ebitda margin for 2023 was 50.33%, a 4.2% increase from 2022.
• Microsoft average ebitda margin for 2022 was 48.3%, a 1.75% increase from 2021.
• Microsoft average ebitda margin for 2021 was 49.16%, a 5.27% decline from 2020.

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