• Tapestry average ebitda margin for 2023 was 20.75%, a 2.72% decline from 2022.
• Tapestry average ebitda margin for 2022 was 20.2%, a 6.37% increase from 2021.
• Tapestry average ebitda margin for 2021 was 18.99%, a 875.1% increase from 2020.

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