• Albemarle average pre-tax profit margin for 2023 was 23.06%, a 25.05% decline from 2022.
• Albemarle average pre-tax profit margin for 2022 was 18.44%, a 56.27% increase from 2021.
• Albemarle average pre-tax profit margin for 2021 was 11.8%, a 10.13% increase from 2020.

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