Executive & Board / Financial Strategy
EBITDA Margin
Operating profitability as a percent of revenue, before financing, taxes, and non-cash depreciation.
The fork, why two teams get different numbers
Two forks stack.
In the Metric Library
- The full fork, both definitions worked all the way through
- The trap that makes the number lie, on a real export
- Every formula variant, spelled out
- The reconciliation anchor, what to tie it to and when to refuse
Reference: SEC Regulation G · SEC Non-GAAP C&DIs · FASB ASC 718 (Stock Compensation)