• Tower Semiconductor average pre-tax profit margin for 2023 was 31.05%, a 115.33% decline from 2022.
• Tower Semiconductor average pre-tax profit margin for 2022 was 14.42%, a 64.24% increase from 2021.
• Tower Semiconductor average pre-tax profit margin for 2021 was 8.78%, a 32.83% increase from 2020.

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