• Terumo average ebitda margin for 2023 was 16.14%, a 7.88% increase from 2022.
• Terumo average ebitda margin for 2022 was 17.52%, a 3.95% decline from 2021.
• Terumo average ebitda margin for 2021 was 18.24%, a 7.23% decline from 2020.

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