• 3M average net profit margin for 2023 was -8.48%, a 153.43% decline from 2022.
• 3M average net profit margin for 2022 was 15.87%, a 7.25% decline from 2021.
• 3M average net profit margin for 2021 was 17.11%, a 6.74% decline from 2020.

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