• Gates Industrial average net profit margin for 2024 was 6.61%, a 1.54% decline from 2023.
• Gates Industrial average net profit margin for 2023 was 6.51%, a 1.4% increase from 2022.
• Gates Industrial average net profit margin for 2022 was 6.42%, a 3.89% increase from 2021.

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