• Genmab average net profit margin for 2023 was 28.92%, a 22.07% increase from 2022.
• Genmab average net profit margin for 2022 was 37.11%, a 7.02% decline from 2021.
• Genmab average net profit margin for 2021 was 39.91%, a 17.98% decline from 2020.

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