Omnicom Group Inc (OMC)
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 | 2,041,100 | 1,916,300 | 1,863,300 | 1,896,500 | 1,327,100 |
Revenue | US$ in thousands | 15,689,100 | 14,692,200 | 14,289,100 | 14,289,400 | 13,171,100 |
Pretax margin | 13.01% | 13.04% | 13.04% | 13.27% | 10.08% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $2,041,100K ÷ $15,689,100K
= 13.01%
Omnicom Group Inc has shown a consistent improvement in its pretax margin over the past few years. The pretax margin increased from 10.08% as of December 31, 2020, to 13.27% as of December 31, 2021. Although there was a slight decrease to 13.04% by the end of 2022 and remained stable at the same level by the end of 2023, the company managed to maintain a strong pretax margin position.
This trend indicates that Omnicom Group Inc has been effectively managing its operating expenses relative to its revenue, resulting in a higher pretax margin. It shows the company's ability to generate profits before accounting for taxes and reflects its operational efficiency and overall financial health. The stability and overall upward trend in the pretax margin demonstrate the company's consistent performance and profitability over the analyzed period.
Peer comparison
Dec 31, 2024