• Essent Group average price to free cash flow ratio for 2023 was 7.14, a 10.36% decline from 2022.
• Essent Group average price to free cash flow ratio for 2022 was 6.47, a 1.22% increase from 2021.
• Essent Group average price to free cash flow ratio for 2021 was 6.55, a 29.96% decline from 2020.

Price to free cash flow ratio can be defined as