• Smith & Nephew SNATS average pre-tax profit margin for 2013 was 20.49%, a 16.71% decline from 2012.
• Smith & Nephew SNATS average pre-tax profit margin for 2012 was 24.6%, a 15.6% decline from 2011.
• Smith & Nephew SNATS average pre-tax profit margin for 2011 was 21.28%, a 3.25% increase from 2010.

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