Colgate-Palmolive Company (CL)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 3,796,000 | 3,237,000 | 2,478,000 | 2,915,000 | 3,482,000 |
| Revenue | US$ in thousands | 20,101,000 | 19,457,000 | 17,967,000 | 17,421,000 | 16,471,000 |
| Pretax margin | 18.88% | 16.64% | 13.79% | 16.73% | 21.14% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $3,796,000K ÷ $20,101,000K
= 18.88%
The pretax margin of Colgate-Palmolive Company has exhibited fluctuations over the past five years. In December 2020, the pretax margin stood at 21.14%, signaling a strong profitability level. However, there was a decline in profitability in December 2021, with the pretax margin decreasing to 16.73%. This downward trend continued into December 2022, as the pretax margin further dropped to 13.79%.
Subsequently, there was a rebound in profitability in December 2023, with the pretax margin improving to 16.64%. This positive momentum continued into December 2024, where the pretax margin rose to 18.88%, reflecting an upward trajectory in profitability.
Overall, while there were fluctuations in the pretax margin over the five-year period, it is essential to monitor future financial performance to assess the company's ability to sustain and potentially improve its profitability levels.
Peer comparison
Dec 31, 2024