• Harley-Davidson average ebitda margin for 2023 was 18.95%, a 4.68% decline from 2022.
• Harley-Davidson average ebitda margin for 2022 was 19.88%, a 12.19% decline from 2021.
• Harley-Davidson average ebitda margin for 2021 was 17.72%, a 73.56% increase from 2020.

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