• General Mills average pre-tax profit margin for 2023 was 15.37%, a 8.89% decline from 2022.
• General Mills average pre-tax profit margin for 2022 was 16.87%, a 7.32% decline from 2021.
• General Mills average pre-tax profit margin for 2021 was 15.72%, a 2.81% increase from 2020.

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