• Verisk Analytics average ebit margin for 2023 was 43.43%, a 22.89% increase from 2022.
• Verisk Analytics average ebit margin for 2022 was 56.32%, a 41.76% decline from 2021.
• Verisk Analytics average ebit margin for 2021 was 39.73%, a 17.34% increase from 2020.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues