• Palo Alto Networks average ebitda margin for 2023 was 14.72%, a 53.17% increase from 2022.
• Palo Alto Networks average ebitda margin for 2022 was 9.61%, a 12.79% increase from 2021.
• Palo Alto Networks average ebitda margin for 2021 was 11.02%, a 5.57% decline from 2020.

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