• Goldman Sachs average pre-tax profit margin for 2023 was 24.2%, a 33.22% increase from 2022.
• Goldman Sachs average pre-tax profit margin for 2022 was 36.24%, a 16.73% decline from 2021.
• Goldman Sachs average pre-tax profit margin for 2021 was 43.52%, a 86.78% decline from 2020.

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