• AES average pre-tax profit margin for 2023 was -0.53%, a 90.43% decline from 2022.
• AES average pre-tax profit margin for 2022 was -5.54%, a 1887.1% decline from 2021.
• AES average pre-tax profit margin for 2021 was 0.31%, a 95.02% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.