• Alphabet average net profit margin for 2023 was 22.03%, a 10.45% increase from 2022.
• Alphabet average net profit margin for 2022 was 24.6%, a 13.47% decline from 2021.
• Alphabet average net profit margin for 2021 was 28.43%, a 37.74% decline from 2020.

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