• Radian Group average ebitda margin for 2023 was 76.44%, a 6.46% decline from 2022.
• Radian Group average ebitda margin for 2022 was 81.72%, a 52.69% decline from 2021.
• Radian Group average ebitda margin for 2021 was 53.52%, a 20.68% increase from 2020.

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