• Wabtec average ebitda margin for 2023 was 17.37%, a 0.91% increase from 2022.
• Wabtec average ebitda margin for 2022 was 17.53%, a 11.3% decline from 2021.
• Wabtec average ebitda margin for 2021 was 15.75%, a 10.68% increase from 2020.

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