• Ricoh average ebitda margin for 2023 was 8.11%, a 10.19% decline from 2022.
• Ricoh average ebitda margin for 2022 was 7.36%, a 53.01% increase from 2021.
• Ricoh average ebitda margin for 2021 was 4.81%, a 34.47% increase from 2020.

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