• Target average pre-tax profit margin for 2024 was 5.14%, a 42.78% decline from 2023.
• Target average pre-tax profit margin for 2023 was 3.6%, a 41.18% increase from 2022.
• Target average pre-tax profit margin for 2022 was 6.12%, a 19.05% decline from 2021.

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