• Teradyne average net profit margin for 2023 was 18.96%, a 21.62% decline from 2022.
• Teradyne average net profit margin for 2022 was 24.19%, a 10.51% decline from 2021.
• Teradyne average net profit margin for 2021 was 27.03%, a 16.76% decline from 2020.

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