• Principal Financial average net profit margin for 2023 was 12.69%, a 42.45% decline from 2022.
• Principal Financial average net profit margin for 2022 was 22.05%, a 88.3% decline from 2021.
• Principal Financial average net profit margin for 2021 was 11.71%, a 42.8% increase from 2020.

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