• Sandvik AB average ebitda margin for 2023 was 23.03%, a 0.65% decline from 2022.
• Sandvik AB average ebitda margin for 2022 was 23.18%, a 2.89% decline from 2021.
• Sandvik AB average ebitda margin for 2021 was 23.87%, a 17.47% decline from 2020.

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