• Philip Morris average pre-tax profit margin for 2023 was 31.49%, a 15.96% increase from 2022.
• Philip Morris average pre-tax profit margin for 2022 was 37.47%, a 5.16% decline from 2021.
• Philip Morris average pre-tax profit margin for 2021 was 39.51%, a 9.17% decline from 2020.

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