• Timken average pre-tax profit margin for 2023 was 12%, a 1.35% decline from 2022.
• Timken average pre-tax profit margin for 2022 was 11.84%, a 0.77% increase from 2021.
• Timken average pre-tax profit margin for 2021 was 11.75%, a 0.25% increase from 2020.

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