• Gentex average pre-tax profit margin for 2023 was 20.55%, a 0.05% increase from 2022.
• Gentex average pre-tax profit margin for 2022 was 20.56%, a 21.59% decline from 2021.
• Gentex average pre-tax profit margin for 2021 was 26.22%, a 10.68% decline from 2020.

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