• Goldman Sachs average net profit margin for 2023 was 18.16%, a 36.33% increase from 2022.
• Goldman Sachs average net profit margin for 2022 was 28.52%, a 15.65% decline from 2021.
• Goldman Sachs average net profit margin for 2021 was 33.81%, a 106.66% decline from 2020.

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