• Donaldson average pre-tax profit margin for 2024 was 14.62%, a 5.87% increase from 2023.
• Donaldson average pre-tax profit margin for 2023 was 13.81%, a 3.14% increase from 2022.
• Donaldson average pre-tax profit margin for 2022 was 13.39%, a 2.37% increase from 2021.

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