• Moelis average pre-tax profit margin for 2023 was 4.76%, a 83.89% decline from 2022.
• Moelis average pre-tax profit margin for 2022 was 29.55%, a 16.34% decline from 2021.
• Moelis average pre-tax profit margin for 2021 was 35.32%, a 92.79% decline from 2020.

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