• Home Depot average pre-tax profit margin for 2023 was 13.9%, a 3.27% decline from 2022.
• Home Depot average pre-tax profit margin for 2022 was 14.37%, a 5.04% decline from 2021.
• Home Depot average pre-tax profit margin for 2021 was 13.68%, a 4.99% increase from 2020.

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