• Pentair average ebitda margin for 2023 was 19.28%, a 7.59% increase from 2022.
• Pentair average ebitda margin for 2022 was 17.92%, a 5.54% increase from 2021.
• Pentair average ebitda margin for 2021 was 18.97%, a 5.21% decline from 2020.

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