• Royalty Pharma average net profit margin for 2023 was 20.29%, a 13.16% increase from 2022.
• Royalty Pharma average net profit margin for 2022 was 17.93%, a 51.9% increase from 2021.
• Royalty Pharma average net profit margin for 2021 was 37.28%, a 26.82% decline from 2020.

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