• Fortis average net profit margin for 2023 was 12.57%, a 1.86% increase from 2022.
• Fortis average net profit margin for 2022 was 12.34%, a 7.91% increase from 2021.
• Fortis average net profit margin for 2021 was 13.4%, a 10.73% decline from 2020.

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