• Everest Group average ebit margin for 2023 was 11.99%, a 65.38% decline from 2022.
• Everest Group average ebit margin for 2022 was 7.25%, a 38.19% increase from 2021.
• Everest Group average ebit margin for 2021 was 11.73%, a 71.49% decline from 2020.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues