• Verizon average net profit margin for 2023 was 13.92%, a 8.96% decline from 2022.
• Verizon average net profit margin for 2022 was 15.29%, a 2.24% decline from 2021.
• Verizon average net profit margin for 2021 was 15.64%, a 9.91% decline from 2020.

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