• Nippon Paint Holdings average ebitda margin for 2023 was 13.88%, a 14.52% increase from 2022.
• Nippon Paint Holdings average ebitda margin for 2022 was 12.12%, a 10.62% increase from 2021.
• Nippon Paint Holdings average ebitda margin for 2021 was 13.56%, a 4.3% decline from 2020.

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