• Suzano S.A average ebitda margin for 2023 was 55.98%, a 3.98% decline from 2022.
• Suzano S.A average ebitda margin for 2022 was 58.3%, a 2.77% decline from 2021.
• Suzano S.A average ebitda margin for 2021 was 59.96%, a 16.18% decline from 2020.

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