• Masimo average net profit margin for 2023 was 4.67%, a 60.69% decline from 2022.
• Masimo average net profit margin for 2022 was 11.88%, a 37.64% decline from 2021.
• Masimo average net profit margin for 2021 was 19.05%, a 9.29% decline from 2020.

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