Omnicom Group Inc (OMC)

Pretax margin

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Earnings before tax but after interest (EBT) US$ in thousands 1,916,300 1,863,300 1,896,500 1,327,100 1,843,500
Revenue US$ in thousands 14,692,200 14,289,100 14,289,400 13,171,100 14,953,700
Pretax margin 13.04% 13.04% 13.27% 10.08% 12.33%

December 31, 2023 calculation

Pretax margin = EBT ÷ Revenue
= $1,916,300K ÷ $14,692,200K
= 13.04%

Omnicom Group, Inc.'s pretax margin has shown fluctuating trends over the past five years. The company's pretax margin was highest in 2021 at 13.97% before decreasing slightly in 2022 to 13.65%. However, in 2023, the pretax margin increased marginally to 13.60%.

The pretax margin in 2020 was lower at 10.65%, potentially indicating a decrease in profitability or efficiency that year. Prior to 2020, the company had pretax margins above 12%, with the highest being in 2019 at 12.98%.

Overall, the trend in the pretax margin for Omnicom Group, Inc. suggests some variability in profitability over the years, with fluctuations in margins possibly influenced by factors such as changes in revenue, operating expenses, or other economic conditions. Monitoring these changes can provide insight into the company's financial performance and efficiency in generating profits before taxes.


Peer comparison

Dec 31, 2023

Company name
Symbol
Pretax margin
Omnicom Group Inc
OMC
13.04%
Interpublic Group of Companies Inc
IPG
12.76%