Name: Net Profit Margin

Definition: Net profit margin shows how much profit remains after paying all costs — including operating expenses, interest, and taxes — for every dollar of sales. A higher margin means the business is efficient and keeps more of its sales as bottom-line profit. Falling margins may signal rising costs or pricing pressure.

Interpretation:
• In '2021', NXG's net profit margin was 99.0%, measuring the overall profitability of the company. Industry average for nan in '2021' stood at -0.8%.
• In '2022', NXG's net profit margin was 97.1%, measuring the overall profitability of the company. The decline from '2021' may indicate some operational or financial challenges. Industry average for nan in '2022' stood at -1.3%. Industry average declined by 0.5% from previous year.
• In '2023', NXG's net profit margin was 101.4%, measuring the overall profitability of the company. The increase since '2022' reflects strengthening financial performance. Industry average for nan in '2023' stood at 13.4%. Industry average increased by 14.7% compared to previous year.
• In '2024', NXG's net profit margin was 98.7%, measuring the overall profitability of the company. The decline from '2023' may indicate some operational or financial challenges. Industry average for nan in '2024' stood at 17.5%. Industry average increased by 4.1% compared to previous year.
Overall, NXG's net profit margin has remained generally stable over the past 4 years.

Formula: Net Profit Margin = Net Income / Revenue

Good Range: Ranges 5%-20% for many industries.