• Flex average net profit margin for 2023 was 2.8%, a 15.66% increase from 2022.
• Flex average net profit margin for 2022 was 3.32%, a 0.9% decline from 2021.
• Flex average net profit margin for 2021 was 3.35%, a 235% decline from 2020.

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