• S&P Global average net profit margin for 2024 was 24.98%, a 18.73% increase from 2023.
• S&P Global average net profit margin for 2023 was 21.04%, a 40.62% increase from 2022.
• S&P Global average net profit margin for 2022 was 35.43%, a 5.32% decline from 2021.

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