• ABB average net profit margin for 2023 was 11.16%, a 15.65% increase from 2022.
• ABB average net profit margin for 2022 was 13.23%, a 14.76% decline from 2021.
• ABB average net profit margin for 2021 was 15.52%, a 20.5% decline from 2020.

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