• Verizon average ebitda margin for 2023 was 34.82%, a 2.14% decline from 2022.
• Verizon average ebitda margin for 2022 was 35.58%, a 1.28% decline from 2021.
• Verizon average ebitda margin for 2021 was 36.04%, a 2.77% decline from 2020.

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