• Waste Connections average ebitda margin for 2023 was 29.28%, a 2.33% increase from 2022.
• Waste Connections average ebitda margin for 2022 was 29.98%, a 6.84% decline from 2021.
• Waste Connections average ebitda margin for 2021 was 28.06%, a 19.86% increase from 2020.

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