• Sandvik AB average net profit margin for 2023 was 10.13%, a 20.24% increase from 2022.
• Sandvik AB average net profit margin for 2022 was 12.7%, a 7.37% decline from 2021.
• Sandvik AB average net profit margin for 2021 was 13.71%, a 89.89% decline from 2020.

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