• Yara average pre-tax profit margin for 2023 was 7.73%, a 33.3% decline from 2022.
• Yara average pre-tax profit margin for 2022 was 11.59%, a 52.1% decline from 2021.
• Yara average pre-tax profit margin for 2021 was 7.62%, a 28.5% increase from 2020.

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