• Prologis average ebitda margin for 2023 was 71.05%, a 28.2% increase from 2022.
• Prologis average ebitda margin for 2022 was 98.96%, a 14.34% decline from 2021.
• Prologis average ebitda margin for 2021 was 86.55%, a 3.32% increase from 2020.

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