• Restaurant Brands average ebitda margin for 2023 was 31.26%, a 8.27% increase from 2022.
• Restaurant Brands average ebitda margin for 2022 was 34.08%, a 4.14% decline from 2021.
• Restaurant Brands average ebitda margin for 2021 was 35.55%, a 0.03% decline from 2020.

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