• Tower Semiconductor average ebitda margin for 2023 was 38.61%, a 32.14% decline from 2022.
• Tower Semiconductor average ebitda margin for 2022 was 29.22%, a 5.26% increase from 2021.
• Tower Semiconductor average ebitda margin for 2021 was 27.76%, a 10.42% increase from 2020.

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