Church & Dwight Company Inc (CHD)

Pretax margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 756,300 698,400 1,033,800 982,700 967,400 548,300 548,800 525,900 523,300 911,300 966,100 1,006,900 1,031,700 1,044,500 1,016,700 965,400 973,800 974,600 913,700 848,000
Revenue (ttm) US$ in thousands 6,107,100 6,053,100 5,998,400 5,941,400 5,867,900 5,775,900 5,637,300 5,508,200 5,375,600 5,308,300 5,302,400 5,248,400 5,190,100 5,116,700 5,046,300 4,969,500 4,895,800 4,744,700 4,593,100 4,478,200
Pretax margin 12.38% 11.54% 17.23% 16.54% 16.49% 9.49% 9.74% 9.55% 9.73% 17.17% 18.22% 19.18% 19.88% 20.41% 20.15% 19.43% 19.89% 20.54% 19.89% 18.94%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $756,300K ÷ $6,107,100K
= 12.38%

The pretax margin of Church & Dwight Company Inc has exhibited fluctuations over the analyzed periods from March 31, 2020, to December 31, 2024. The pretax margin started at 18.94% in March 2020, increased to 20.54% by September 2020, maintained relatively high levels above 19% until December 2021. There was a gradual decrease in pretax margin from March 2022 to September 2022, reaching 17.17%.

A significant drop was observed in the pretax margin for the period of December 31, 2022, down to 9.73%, followed by a slight increase to 16.49% in December 2023. However, the pretax margin fluctuated around the low double-digit range in 2024, with a decrease to 11.54% in September 2024 and a subsequent rise to 12.38% by December 31, 2024.

The pretax margin is a key profitability metric that indicates the company's operational efficiency in generating profits before taxes relative to its revenue. The fluctuations observed in Church & Dwight's pretax margin over the analyzed periods may be attributed to various factors such as changes in revenue, operating expenses, tax rates, or other external economic conditions impacting the company's financial performance. Further analysis and comparison with industry benchmarks could provide valuable insights into the company's financial health and profitability trends.


Peer comparison

Dec 31, 2024

Company name
Symbol
Pretax margin
Church & Dwight Company Inc
CHD
12.38%
Ecolab Inc
ECL
11.23%
Procter & Gamble Company
PG
22.21%
Stepan Company
SCL
2.10%