• Heico average net profit margin for 2024 was 12.93%, a 12.52% increase from 2023.
• Heico average net profit margin for 2023 was 14.78%, a 9.55% decline from 2022.
• Heico average net profit margin for 2022 was 16.34%, a 4.14% decline from 2021.

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