• Walgreens average ebitda margin for 2023 was -2.24%, a 196.14% increase from 2022.
• Walgreens average ebitda margin for 2022 was 2.33%, a 1.27% decline from 2021.
• Walgreens average ebitda margin for 2021 was 2.36%, a 15.41% decline from 2020.

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