• Gartner average net profit margin for 2023 was 15.9%, a 6% increase from 2022.
• Gartner average net profit margin for 2022 was 15%, a 11.44% increase from 2021.
• Gartner average net profit margin for 2021 was 13.46%, a 123.96% increase from 2020.

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