• Donaldson average net profit margin for 2023 was 10.55%, a 4.66% increase from 2022.
• Donaldson average net profit margin for 2022 was 10.08%, a 1.92% increase from 2021.
• Donaldson average net profit margin for 2021 was 9.89%, a 2.49% increase from 2020.

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