Colgate-Palmolive Company (CL)
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 | 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 | 3,141,000 | 3,105,000 | 3,141,000 | 3,200,000 |
| Revenue (ttm) | US$ in thousands | 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 | 15,693,000 | 15,489,000 | 15,406,000 | 15,426,000 |
| Pretax margin | 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% | 20.02% | 20.05% | 20.39% | 20.74% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $3,237,000K ÷ $19,457,000K
= 16.64%
Based on the quarterly data provided, Colgate-Palmolive Co.'s pretax margin has displayed fluctuations in recent periods. The company's pretax margin ranged from a low of 13.23% in Q1 2023 to a high of 17.43% in Q4 2023. The pretax margin peaked in Q4 2023, showing a significant improvement compared to the previous quarters. However, it should be noted that the pretax margin was relatively stable during Q2 and Q3 2023, hovering around 13.24% to 13.25%.
Overall, the trend in the pretax margin shows some variability but generally favorable performance, with an increasing trend observed towards the end of the observation period. Further analysis, including reviewing the company's revenue and expenses trends, would provide more insight into the factors driving these fluctuations in the pretax margin.
Peer comparison
Dec 31, 2023