• Descartes Systems Group average net profit margin for 2023 was 21.15%, a 6.82% increase from 2022.
• Descartes Systems Group average net profit margin for 2022 was 19.8%, a 13.14% increase from 2021.
• Descartes Systems Group average net profit margin for 2021 was 17.5%, a 39.78% increase from 2020.

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