• Assurant average net profit margin for 2023 was 4.07%, a 47.07% increase from 2022.
• Assurant average net profit margin for 2022 was 7.69%, a 15.21% decline from 2021.
• Assurant average net profit margin for 2021 was 9.07%, a 117.51% decline from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.