• Fox average pre-tax profit margin for 2023 was 10.12%, a 18.71% increase from 2022.
• Fox average pre-tax profit margin for 2022 was 12.45%, a 35.76% decline from 2021.
• Fox average pre-tax profit margin for 2021 was 19.38%, a 24.31% decline from 2020.

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