• Lancaster Colony average net profit margin for 2023 was 6.51%, a 17.3% increase from 2022.
• Lancaster Colony average net profit margin for 2022 was 5.55%, a 36.93% increase from 2021.
• Lancaster Colony average net profit margin for 2021 was 8.8%, a 11.11% decline from 2020.

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