• Timken average net profit margin for 2023 was 8.74%, a 0.58% decline from 2022.
• Timken average net profit margin for 2022 was 8.69%, a 3.01% increase from 2021.
• Timken average net profit margin for 2021 was 8.96%, a 1.32% decline from 2020.

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