Interpublic Group of Companies Inc (IPG)
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 | 1,389,600 | 1,177,500 | 1,170,500 | 1,207,700 | 1,256,400 | 1,275,300 | 1,260,900 | 1,297,600 | 1,204,600 | 949,700 | 829,300 | 452,700 | 359,100 | 603,700 | 640,500 | 880,200 | 860,800 | 834,200 | 825,700 | 822,000 |
| Revenue (ttm) | US$ in thousands | 10,889,300 | 10,851,900 | 10,811,100 | 10,880,300 | 10,927,800 | 10,874,000 | 10,778,300 | 10,552,200 | 10,240,700 | 9,858,600 | 9,442,100 | 8,958,200 | 9,061,000 | 9,412,800 | 9,725,400 | 10,219,900 | 10,221,300 | 10,175,500 | 10,034,900 | 9,906,500 |
| Pretax margin | 12.76% | 10.85% | 10.83% | 11.10% | 11.50% | 11.73% | 11.70% | 12.30% | 11.76% | 9.63% | 8.78% | 5.05% | 3.96% | 6.41% | 6.59% | 8.61% | 8.42% | 8.20% | 8.23% | 8.30% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,389,600K ÷ $10,889,300K
= 12.76%
The pretax margin of Interpublic Group Of Cos., Inc. has shown some fluctuations over the past eight quarters. It was 12.94% in Q4 2023, which increased from the previous quarter. However, it was lower compared to the same quarter in the previous year when it stood at 11.66%.
Overall, the pretax margin has remained relatively stable, hovering around the range of 11% to 12% over the quarters. This indicates that the company has been able to effectively control its operating expenses and generate profits before taxes consistently. It is essential for the company to continue monitoring and managing its costs to sustain or improve its pretax margin in the future.
Peer comparison
Dec 31, 2023