• Walgreens average net profit margin for 2023 was -1.65%, a 168.18% increase from 2022.
• Walgreens average net profit margin for 2022 was 2.42%, a 21% decline from 2021.
• Walgreens average net profit margin for 2021 was 2%, a 132.56% increase from 2020.

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