• Visa average pre-tax profit margin for 2023 was 63.89%, a 1.38% increase from 2022.
• Visa average pre-tax profit margin for 2022 was 63.02%, a 3.87% increase from 2021.
• Visa average pre-tax profit margin for 2021 was 65.56%, a 3.33% decline from 2020.

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