• Carlyle Group average pre-tax profit margin for 2023 was 10.32%, a 74.78% decline from 2022.
• Carlyle Group average pre-tax profit margin for 2022 was 40.92%, a 8.62% decline from 2021.
• Carlyle Group average pre-tax profit margin for 2021 was 44.78%, a 1973.64% decline from 2020.

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