• Baxter average net profit margin for 2023 was -0.3%, a 93.44% decline from 2022.
• Baxter average net profit margin for 2022 was -4.57%, a 147.41% decline from 2021.
• Baxter average net profit margin for 2021 was 9.64%, a 13.28% decline from 2020.

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