Church & Dwight Company Inc (CHD)
Pretax margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 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 | 773,700 | 772,100 | 758,800 | 743,900 |
| Revenue (ttm) | US$ in thousands | 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 | 4,357,700 | 4,287,900 | 4,236,100 | 4,184,600 |
| Pretax margin | 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% | 17.75% | 18.01% | 17.91% | 17.78% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $967,400K ÷ $5,867,900K
= 16.49%
The pretax margin of Church & Dwight Co., Inc. has shown fluctuation over the past eight quarters. In Q4 2023, the pretax margin was 16.49%, representing a significant increase compared to the previous quarter's 9.49%. This improvement indicates that the company was able to generate a higher level of pre-tax profits relative to its total revenue in the most recent quarter.
In contrast, the pretax margin was relatively stable around the 9-10% range during Q1-Q3 2023, reflecting consistent but modest profitability levels. It is notable that the pretax margin in Q4 2023 exceeded the levels observed in the same quarter the previous year, where it was at 9.73%.
When comparing the most recent quarter's performance to the same quarter in the prior year, there has been an evident shift in profitability, suggesting potential changes in the company's operations, cost structure, or revenue mix. Overall, the varying trends in the pretax margin over the past eight quarters indicate fluctuations in Church & Dwight Co., Inc.'s ability to generate pre-tax profits relative to its total revenue.
Peer comparison
Dec 31, 2023