• Cummins average net profit margin for 2023 was 6.71%, a 14.08% decline from 2022.
• Cummins average net profit margin for 2022 was 7.81%, a 14.92% decline from 2021.
• Cummins average net profit margin for 2021 was 9.18%, a 5.03% decline from 2020.

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