• Sanofi average ebitda margin for 2023 was 21.32%, a 10.61% decline from 2022.
• Sanofi average ebitda margin for 2022 was 23.85%, a 2.17% decline from 2021.
• Sanofi average ebitda margin for 2021 was 24.38%, a 18.7% decline from 2020.

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