• Avantor average pre-tax profit margin for 2023 was 7.62%, a 28.92% decline from 2022.
• Avantor average pre-tax profit margin for 2022 was 10.72%, a 58.58% decline from 2021.
• Avantor average pre-tax profit margin for 2021 was 6.76%, a 243.15% increase from 2020.

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