• Flowserve average net profit margin for 2023 was 5.57%, a 70.34% increase from 2022.
• Flowserve average net profit margin for 2022 was 3.27%, a 20.24% increase from 2021.
• Flowserve average net profit margin for 2021 was 4.1%, a 4.59% decline from 2020.

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