• Abbott Laboratories average net profit margin for 2023 was 13.5%, a 22.32% increase from 2022.
• Abbott Laboratories average net profit margin for 2022 was 17.38%, a 7.42% decline from 2021.
• Abbott Laboratories average net profit margin for 2021 was 16.18%, a 45.37% increase from 2020.

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