• Semtech average ebitda margin for 2023 was 7.88%, a 70.78% decline from 2022.
• Semtech average ebitda margin for 2022 was 26.97%, a 31.11% decline from 2021.
• Semtech average ebitda margin for 2021 was 20.57%, a 13.4% increase from 2020.

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