• Pool average ebitda margin for 2023 was 15.09%, a 13.87% decline from 2022.
• Pool average ebitda margin for 2022 was 17.52%, a 15.49% decline from 2021.
• Pool average ebitda margin for 2021 was 15.17%, a 27.69% increase from 2020.

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