• Simon Property average net profit margin for 2023 was 40.04%, a 0.92% increase from 2022.
• Simon Property average net profit margin for 2022 was 40.41%, a 14.44% decline from 2021.
• Simon Property average net profit margin for 2021 was 35.31%, a 18.53% increase from 2020.

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