• Cisco average pre-tax profit margin for 2023 was 26.86%, a 4.41% decline from 2022.
• Cisco average pre-tax profit margin for 2022 was 28.1%, a 4.73% decline from 2021.
• Cisco average pre-tax profit margin for 2021 was 26.83%, a 4.11% increase from 2020.

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