• Nutanix average ebit margin for 2023 was -14.56%, a 51.27% decline from 2022.
• Nutanix average ebit margin for 2022 was -29.88%, a 39.67% decline from 2021.
• Nutanix average ebit margin for 2021 was -49.53%, a 22.17% decline from 2020.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues