• Albemarle average net profit margin for 2023 was 33.11%, a 69.1% decline from 2022.
• Albemarle average net profit margin for 2022 was 19.58%, a 80.79% increase from 2021.
• Albemarle average net profit margin for 2021 was 10.83%, a 15.39% increase from 2020.

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