• Mastercard average net profit margin for 2023 was 43.79%, a 4.85% increase from 2022.
• Mastercard average net profit margin for 2022 was 46.02%, a 3.93% decline from 2021.
• Mastercard average net profit margin for 2021 was 44.28%, a 0.11% increase from 2020.

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