• Repligen average ebitda margin for 2023 was 26.72%, a 19.95% decline from 2022.
• Repligen average ebitda margin for 2022 was 33.38%, a 3.63% decline from 2021.
• Repligen average ebitda margin for 2021 was 32.21%, a 14.02% increase from 2020.

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