• First Solar average pre-tax profit margin for 2023 was 12.97%, a 76.46% increase from 2022.
• First Solar average pre-tax profit margin for 2022 was 7.35%, a 61.17% increase from 2021.
• First Solar average pre-tax profit margin for 2021 was 18.93%, a 450.29% decline from 2020.

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