• Tapestry average net profit margin for 2023 was 13.85%, a 9.06% decline from 2022.
• Tapestry average net profit margin for 2022 was 12.7%, a 5.48% increase from 2021.
• Tapestry average net profit margin for 2021 was 12.04%, a 236.82% increase from 2020.

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