• HP average net profit margin for 2023 was 4.73%, a 45.25% increase from 2022.
• HP average net profit margin for 2022 was 8.64%, a 21.69% decline from 2021.
• HP average net profit margin for 2021 was 7.1%, a 42.57% increase from 2020.

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