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 '2022', VG's net profit margin was 28.8%, measuring the overall profitability of the company. Industry average for Oil/Gas Transmission in '2022' stood at 10.4%.
• In '2023', VG's net profit margin was 34.0%, measuring the overall profitability of the company. The increase since '2022' reflects strengthening financial performance. Industry average for Oil/Gas Transmission in '2023' stood at 18.1%. Industry average increased by 7.7% compared to previous year.
• In '2024', VG's net profit margin was 31.0%, measuring the overall profitability of the company. The decline from '2023' may indicate some operational or financial challenges. Industry average for Oil/Gas Transmission in '2024' stood at 11.9%. Industry average declined by 6.3% from previous year.
Overall, VG's net profit margin has steadily improved over the past 3 years.

Formula: Net Profit Margin = Net Income / Revenue

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