• Genmab average net profit margin for 2023 was 25.87%, a 36.89% increase from 2022.
• Genmab average net profit margin for 2022 was 40.99%, a 11.48% decline from 2021.
• Genmab average net profit margin for 2021 was 36.77%, a 24.64% increase from 2020.

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