Interpublic Group of Companies Inc (IPG)
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 | 1,049,100 | 1,408,000 | 1,268,900 | 1,222,100 | 361,300 |
| Revenue | US$ in thousands | 10,691,700 | 10,889,300 | 10,927,800 | 10,240,700 | 9,061,000 |
| Pretax margin | 9.81% | 12.93% | 11.61% | 11.93% | 3.99% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,049,100K ÷ $10,691,700K
= 9.81%
Interpublic Group of Companies Inc has shown a significant improvement in its pretax margin over the years based on the provided data. The pretax margin increased from 3.99% as of December 31, 2020, to 11.93% as of December 31, 2021, indicating a strong growth in profitability. This positive trend continued as the pretax margin further improved to 11.61% by December 31, 2022, and peaked at 12.93% by December 31, 2023. However, there was a slight decrease in the pretax margin to 9.81% by December 31, 2024. Overall, the company has shown steady profitability and efficiency in generating earnings before taxes over the years, with a few fluctuations in the margin in the most recent period.
Peer comparison
Dec 31, 2024