• Civitas Resources average pre-tax profit margin for 2023 was 38.39%, a 4.41% decline from 2022.
• Civitas Resources average pre-tax profit margin for 2022 was 36.77%, a 2728.46% increase from 2021.
• Civitas Resources average pre-tax profit margin for 2021 was 1.3%, a 95.62% increase from 2020.

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