• Trip Group average pre-tax profit margin for 2023 was 27.41%, a 763.68% increase from 2022.
• Trip Group average pre-tax profit margin for 2022 was -4.13%, a 133.77% decline from 2021.
• Trip Group average pre-tax profit margin for 2021 was 12.23%, a 469.49% decline from 2020.

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