• Hamilton Lane average pre-tax profit margin for 2023 was 48.06%, a 28.92% increase from 2022.
• Hamilton Lane average pre-tax profit margin for 2022 was 67.61%, a 6.62% decline from 2021.
• Hamilton Lane average pre-tax profit margin for 2021 was 72.4%, a 51.05% decline from 2020.

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