• Pentair average net profit margin for 2023 was 12.81%, a 2.66% increase from 2022.
• Pentair average net profit margin for 2022 was 13.16%, a 5.93% decline from 2021.
• Pentair average net profit margin for 2021 was 13.99%, a 16.49% decline from 2020.

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