Omnicom Group Inc (OMC)
Gross profit 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,812,800 | 1,808,800 | 1,794,000 | 1,857,200 | 2,083,300 | 2,063,100 | 2,058,700 | 2,085,500 | 2,197,900 | 2,186,200 | 2,146,000 | 1,362,200 | 1,313,100 | 4,843,500 | 4,815,400 | 5,604,500 | 5,617,100 | 5,562,600 | 5,442,200 | 5,450,800 |
| Revenue (ttm) | US$ in thousands | 14,692,200 | 14,499,500 | 14,364,800 | 14,322,100 | 14,289,100 | 14,276,700 | 14,268,300 | 14,272,700 | 14,289,300 | 14,190,500 | 13,962,000 | 13,191,100 | 13,171,100 | 13,555,300 | 13,972,600 | 14,891,700 | 14,953,700 | 14,899,200 | 14,989,700 | 15,129,500 |
| Gross profit margin | 12.34% | 12.47% | 12.49% | 12.97% | 14.58% | 14.45% | 14.43% | 14.61% | 15.38% | 15.41% | 15.37% | 10.33% | 9.97% | 35.73% | 34.46% | 37.64% | 37.56% | 37.33% | 36.31% | 36.03% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,812,800K ÷ $14,692,200K
= 12.34%
The gross profit margin of Omnicom Group, Inc. has been consistently at 100% across all quarters in 2023 and 2022. This indicates that the company is effectively managing its production costs and generating significant profits from its core business operations. A consistent gross profit margin of 100% suggests that Omnicom is efficiently controlling its cost of goods sold and achieving strong margins on its products or services. This stable performance over multiple quarters reflects a high level of operational efficiency and may instill confidence in investors regarding the company's financial stability and profitability.
Peer comparison
Dec 31, 2023