• Honda average pre-tax profit margin for 2023 was 6.26%, a 7.94% increase from 2022.
• Honda average pre-tax profit margin for 2022 was 6.8%, a 14.47% decline from 2021.
• Honda average pre-tax profit margin for 2021 was 7.95%, a 81.92% decline from 2020.

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