• Nokia average net profit margin for 2023 was 13.13%, a 34.8% decline from 2022.
• Nokia average net profit margin for 2022 was 9.74%, a 321.87% increase from 2021.
• Nokia average net profit margin for 2021 was -4.39%, a 357.29% decline from 2020.

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