• Hess average pre-tax profit margin for 2023 was 25.65%, a 7.37% increase from 2022.
• Hess average pre-tax profit margin for 2022 was 27.69%, a 160.24% decline from 2021.
• Hess average pre-tax profit margin for 2021 was 10.64%, a 120.48% increase from 2020.

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