• Sumitomo average net profit margin for 2023 was 5.21%, a 4.23% increase from 2022.
• Sumitomo average net profit margin for 2022 was 5.44%, a 12.86% decline from 2021.
• Sumitomo average net profit margin for 2021 was 4.82%, a 10.8% increase from 2020.

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