• Allegro MicroSystems average net profit margin for 2023 was 21.67%, a 45.93% decline from 2022.
• Allegro MicroSystems average net profit margin for 2022 was 14.85%, a 83.33% increase from 2021.
• Allegro MicroSystems average net profit margin for 2021 was 8.1%, a 37.52% increase from 2020.

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