• United States Cellular average ebitda margin for 2023 was 18.59%, a 4.42% decline from 2022.
• United States Cellular average ebitda margin for 2022 was 19.45%, a 6.98% decline from 2021.
• United States Cellular average ebitda margin for 2021 was 20.91%, a 0.24% decline from 2020.

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