• Essent Group average pre-tax profit margin for 2023 was 78.92%, a 19.96% decline from 2022.
• Essent Group average pre-tax profit margin for 2022 was 98.6%, a 46.18% decline from 2021.
• Essent Group average pre-tax profit margin for 2021 was 67.45%, a 11.45% increase from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.