• Magna average net profit margin for 2023 was 2.18%, a 8.79% increase from 2022.
• Magna average net profit margin for 2022 was 2.39%, a 46.29% decline from 2021.
• Magna average net profit margin for 2021 was 4.45%, a 213.38% decline from 2020.

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