• Essent Group average net profit margin for 2023 was 66.63%, a 19.3% decline from 2022.
• Essent Group average net profit margin for 2022 was 82.57%, a 47.1% decline from 2021.
• Essent Group average net profit margin for 2021 was 56.13%, a 9.97% increase from 2020.

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