• Loews average pre-tax profit margin for 2023 was 10.65%, a 3.5% increase from 2022.
• Loews average pre-tax profit margin for 2022 was 10.29%, a 8.94% increase from 2021.
• Loews average pre-tax profit margin for 2021 was 11.3%, a 204.73% decline from 2020.

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