What is the minimum requirement for a company to list on the NYSE concerning pre-tax income?

To qualify for listing on the New York Stock Exchange (NYSE), a company must demonstrate a consistent level of profitability. The specific requirement that two of the last three years must have at least $2 million in pre-tax income serves to ensure that only companies with a stable and proven track record of earnings are allowed to list. This criterion helps maintain the overall quality and reliability of companies represented on the exchange, thus providing assurance to investors regarding the financial health and operational success of listed firms.

Such a requirement reflects a commitment to long-term viability and minimizes the risk associated with investing in companies that might not have a sustainable profit generation strategy. The focus here is on both consistency and a baseline level of profitability which two favorable years out of three can adequately demonstrate.

Other options may reflect varying aspects of financial performance, but they do not capture the NYSE's specific standard for ongoing earnings stability as effectively as the correct choice.