• Vontier average ebitda margin for 2023 was 21.63%, a 4.8% increase from 2022.
• Vontier average ebitda margin for 2022 was 22.72%, a 1.22% decline from 2021.
• Vontier average ebitda margin for 2021 was 23%, a 3.56% decline from 2020.

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