• Campbell¿s average pre-tax profit margin for 2023 was 11.5%, a 11.06% decline from 2022.
• Campbell¿s average pre-tax profit margin for 2022 was 12.93%, a 6.3% decline from 2021.
• Campbell¿s average pre-tax profit margin for 2021 was 13.8%, a 59.35% decline from 2020.

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