• EchoStar average ebitda margin for 2023 was 14.34%, a 34.67% decline from 2022.
• EchoStar average ebitda margin for 2022 was 21.95%, a 33.2% decline from 2021.
• EchoStar average ebitda margin for 2021 was 32.86%, a 2.06% decline from 2020.

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