Omnicom Group Inc (OMC)
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 | 1,916,300 | 1,919,700 | 1,910,900 | 1,884,900 | 1,863,300 | 1,819,800 | 1,796,200 | 1,786,100 | 1,896,500 | 1,886,300 | 1,844,900 | 1,371,200 | 1,327,000 | 1,361,300 | 1,329,600 | 1,833,200 | 1,843,600 | 1,818,600 | 1,830,300 | 1,829,900 |
| 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 |
| Pretax margin | 13.04% | 13.24% | 13.30% | 13.16% | 13.04% | 12.75% | 12.59% | 12.51% | 13.27% | 13.29% | 13.21% | 10.39% | 10.08% | 10.04% | 9.52% | 12.31% | 12.33% | 12.21% | 12.21% | 12.09% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,916,300K ÷ $14,692,200K
= 13.04%
Omnicom Group, Inc.'s pretax margin has shown relatively consistent performance over the past eight quarters. The pretax margin ranged from 13.23% to 13.85% during this period, with the highest value recorded in Q2 2023 and the lowest in Q2 2022. This stability indicates that the company has been effective in managing its operating expenses and generating profits before accounting for taxes.
The slight fluctuations in pretax margin, typically within a narrow range of 0.5%, suggest that Omnicom Group has maintained a stable level of profitability. This consistency is a positive sign for investors and indicates that the company has been able to efficiently control costs and maintain profitability levels over time.
Overall, based on the trends in pretax margin over the past eight quarters, Omnicom Group, Inc. has demonstrated a steady financial performance with a consistent ability to generate profits before taxes.
Peer comparison
Dec 31, 2023