• Stryker average ebitda margin for 2023 was 22.67%, a 9.68% increase from 2022.
• Stryker average ebitda margin for 2022 was 20.67%, a 2.5% increase from 2021.
• Stryker average ebitda margin for 2021 was 21.2%, a 4.59% decline from 2020.

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