• Essent Group average ebitda margin for 2024 was 75.69%, a 9.42% decline from 2023.
• Essent Group average ebitda margin for 2023 was 83.56%, a 18.54% decline from 2022.
• Essent Group average ebitda margin for 2022 was 102.58%, a 43.23% decline from 2021.

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