• Catalent average pre-tax profit margin for 2023 was -17.43%, a 254.11% decline from 2022.
• Catalent average pre-tax profit margin for 2022 was 11.31%, a 35.96% decline from 2021.
• Catalent average pre-tax profit margin for 2021 was 17.66%, a 99.32% decline from 2020.

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