• Trimble average net profit margin for 2023 was 9.93%, a 23.2% decline from 2022.
• Trimble average net profit margin for 2022 was 12.93%, a 10.58% decline from 2021.
• Trimble average net profit margin for 2021 was 14.46%, a 2.17% decline from 2020.

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