• Magna average pre-tax profit margin for 2024 was 3.32%, a 7.79% increase from 2023.
• Magna average pre-tax profit margin for 2023 was 3.08%, a 3.75% increase from 2022.
• Magna average pre-tax profit margin for 2022 was 3.2%, a 43.96% decline from 2021.

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