• Ryanair Holdings average ebitda margin for 2023 was 22.91%, a 116.75% decline from 2022.
• Ryanair Holdings average ebitda margin for 2022 was 10.57%, a 211.62% increase from 2021.
• Ryanair Holdings average ebitda margin for 2021 was -9.47%, a 181.22% decline from 2020.

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