Tax

Income Tax

Omnicom Group Income Tax increased by 16.9% to $154.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 28.1%, from $120.70M to $154.60M. Over 3 years (FY 2021 to FY 2024), Income Tax shows an upward trend with a 4.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026

How to read this metric

An increase relative to pre-tax income may signal a higher effective tax rate or changes in tax legislation, while a decrease may indicate tax benefits or lower jurisdictional rates.

Detailed definition

Represents the total provision for income taxes recognized by the company during the reporting period, including both cu...

Peer comparison

Highly dependent on the company's geographic footprint and tax planning strategies compared to peers.

Metric ID: income_tax_expense

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q1 '26
Value$123.20M$120.00M$133.60M$115.50M$133.10M$134.70M$163.50M$83.40M$141.20M$136.10M$164.20M$116.00M$123.70M$150.20M$170.60M$120.70M$120.50M$132.30M$154.60M
QoQ Change-2.6%+11.3%-13.5%+15.2%+1.2%+21.4%-49.0%+69.3%-3.6%+20.6%-29.4%+6.6%+21.4%+13.6%-29.2%-0.2%+9.8%+16.9%
YoY Change+8.0%+12.3%+22.4%-27.8%+6.1%+1.0%+0.4%+39.1%-12.4%+10.4%+3.9%+4.1%-2.6%-11.9%+28.1%
Range$83.40M$170.60M
CAGR+5.2%
Avg YoY Growth+5.4%
Median YoY Growth+4.1%
Current Streak2 quarters growth

Frequently Asked Questions

What is Omnicom Group's income tax?
Omnicom Group (OMC) reported income tax of $154.60M in Q1 2026.
How has Omnicom Group's income tax changed year-over-year?
Omnicom Group's income tax increased by 28.1% year-over-year, from $120.70M to $154.60M.
What is the long-term trend for Omnicom Group's income tax?
Over 3 years (2021 to 2024), Omnicom Group's income tax has grown at a 4.7% compound annual growth rate (CAGR), from $488.70M to $560.50M.
What does income tax mean?
The total amount of income tax the company is required to pay on its earnings.