• Teradyne average pre-tax profit margin for 2023 was 22.25%, a 20.9% decline from 2022.
• Teradyne average pre-tax profit margin for 2022 was 28.13%, a 9.02% decline from 2021.
• Teradyne average pre-tax profit margin for 2021 was 30.92%, a 15.46% decline from 2020.

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