• Nice average net profit margin for 2024 was 15.69%, a 15.03% increase from 2023.
• Nice average net profit margin for 2023 was 13.64%, a 21.35% increase from 2022.
• Nice average net profit margin for 2022 was 11.24%, a 0.09% increase from 2021.

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