• Avangrid average net profit margin for 2023 was 7.87%, a 32.1% increase from 2022.
• Avangrid average net profit margin for 2022 was 11.59%, a 11.66% decline from 2021.
• Avangrid average net profit margin for 2021 was 10.38%, a 2.57% increase from 2020.

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