• News average ebitda margin for 2023 was 14.41%, a 5.57% increase from 2022.
• News average ebitda margin for 2022 was 15.26%, a 6.34% decline from 2021.
• News average ebitda margin for 2021 was 14.35%, a 18.4% increase from 2020.

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