• Pfizer average ebitda margin for 2023 was 27.44%, a 24.53% decline from 2022.
• Pfizer average ebitda margin for 2022 was 36.36%, a 14.23% decline from 2021.
• Pfizer average ebitda margin for 2021 was 31.83%, a 20.29% increase from 2020.

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