• Procter & Gamble average pre-tax profit margin for 2023 was 22.44%, a 0.72% decline from 2022.
• Procter & Gamble average pre-tax profit margin for 2022 was 22.28%, a 2.75% increase from 2021.
• Procter & Gamble average pre-tax profit margin for 2021 was 22.91%, a 15.94% decline from 2020.

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