• Reliance average net profit margin for 2023 was 9.59%, a 12.1% decline from 2022.
• Reliance average net profit margin for 2022 was 10.91%, a 30.66% decline from 2021.
• Reliance average net profit margin for 2021 was 8.35%, a 76.53% increase from 2020.

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