• Exxon average pre-tax profit margin for 2023 was 18.19%, a 15.93% decline from 2022.
• Exxon average pre-tax profit margin for 2022 was 15.69%, a 571.17% increase from 2021.
• Exxon average pre-tax profit margin for 2021 was -3.33%, a 261.96% decline from 2020.

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