Colgate-Palmolive Company (CL)
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 | 3,795,000 | 3,788,000 | 3,758,000 | 3,639,000 | 3,237,000 | 2,385,000 | 2,296,000 | 2,246,000 | 2,478,000 | 2,668,000 | 2,646,000 | 2,756,000 | 2,915,000 | 3,480,000 | 3,594,000 | 3,530,000 | 3,482,000 | 3,464,000 | 3,289,000 | 3,229,000 |
| Revenue (ttm) | US$ in thousands | 20,101,000 | 20,106,000 | 19,988,000 | 19,752,000 | 19,457,000 | 19,136,000 | 18,676,000 | 18,338,000 | 17,967,000 | 17,741,000 | 17,700,000 | 17,476,000 | 17,421,000 | 17,342,000 | 17,081,000 | 16,718,000 | 16,471,000 | 16,162,000 | 15,937,000 | 15,906,000 |
| Pretax margin | 18.88% | 18.84% | 18.80% | 18.42% | 16.64% | 12.46% | 12.29% | 12.25% | 13.79% | 15.04% | 14.95% | 15.77% | 16.73% | 20.07% | 21.04% | 21.11% | 21.14% | 21.43% | 20.64% | 20.30% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $3,795,000K ÷ $20,101,000K
= 18.88%
Colgate-Palmolive Company's pretax margin has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. The pretax margin started at 20.30% on March 31, 2020, and experienced a gradual increase, reaching its peak at 21.43% on September 30, 2020. Subsequently, there was a slight decline to 21.14% by December 31, 2020.
The pretax margin remained relatively stable during the first half of 2021 but started to decline in the second half of the year. There was a notable decrease to 16.73% by December 31, 2021, followed by a further decline to 15.77% on March 31, 2022.
The trend of declining pretax margins continued into 2023, reaching its lowest point of 12.25% on March 31, 2023. However, there was a slight improvement in the following quarters, with the pretax margin increasing to 18.88% by December 31, 2024.
Overall, the pretax margin of Colgate-Palmolive Company has shown varying levels of profitability over the analyzed period, with periods of growth, stability, and decline. This metric is essential for assessing the company's efficiency in generating profits before accounting for taxes and can provide insights into its financial health and operational effectiveness.
Peer comparison
Dec 31, 2024