• Realty Income average ebitda margin for 2023 was 69.78%, a 2.57% decline from 2022.
• Realty Income average ebitda margin for 2022 was 68.03%, a 9.64% increase from 2021.
• Realty Income average ebitda margin for 2021 was 62.05%, a 5.56% increase from 2020.

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