• Nasdaq average net profit margin for 2023 was 18.07%, a 5.39% decline from 2022.
• Nasdaq average net profit margin for 2022 was 19.1%, a 0.37% decline from 2021.
• Nasdaq average net profit margin for 2021 was 19.03%, a 14.92% increase from 2020.

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