What is The Interpublic Group of Companies, Inc.'s earnings per share (EPS)?

The Interpublic Group of Companies, Inc. (IPG) reported diluted earnings per share of $1.83 for fiscal year 2024. This represents a -35.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

The Interpublic Group of Companies, Inc. (IPG) Financials

IPG

Trailing 12 months to September 30, 2025

Revenue $10.2B -6.0% YoY

Net Income $545.8M -32.5% YoY

EPS (Diluted) $1.47 -30.7% YoY

Free Cash Flow $806.8M -12.5% YoY

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2025, ended Sep 30, 2025 Reported Nov 10, 2025 Currency USD FYE December

Newest figures come from the 10-Q for Q3 FY2025, filed Nov 10, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the IPG SEC filings page.

The Interpublic Group of Companies, Inc. (IPG) reported $10.2B in revenue over the twelve months to Sep 30, 2025, down 6.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI IPG FY2024 2026-10-03

IPG's gross-profit economics stayed steady, while 2024 showed weaker cost absorption and a rebound in cash conversion.

Gross margin held near 17.0% across FY2022-FY2024 while operating margin contracted in FY2024, pointing to pressure after gross profit rather than weaker direct delivery economics. Operating cash flow rebounded to $1.1B while free cash flow reached $913M, so cash generation recovered even as earnings weakened.

Assets of $18.3B against liabilities of $14.4B leave a positive equity base, while a current ratio above 1.0x and debt-to-equity below 1.0x indicate a balance sheet that is leveraged but not dependent on persistent short-term funding strain.

FY2024 operating cash flow of $1.1B exceeded net income of $690M, showing earnings converted into cash rather than relying mainly on accruals. After $142M of capital expenditures, free cash flow remained $913M, making reinvestment relatively light compared with internally generated cash.

Financial Health Signals

Financial Health Score 55/100

Scored against operating companies for FY2024. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of The Interpublic Group of Companies, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

The Interpublic Group of Companies, Inc. has an operating margin of 11.3%, meaning the company retains $11 of operating profit per $100 of revenue. This strong profitability earns a score of 80/100, reflecting efficient cost management and pricing power. This is down from 13.6% the prior year.

Growth

The Interpublic Group of Companies, Inc.'s revenue declined 1.8% year-over-year, from $10.9B to $10.7B. This contraction results in a growth score of 27/100.

Leverage

The Interpublic Group of Companies, Inc. has a moderate D/E ratio of 0.77. This balance of debt and equity financing earns a leverage score of 61/100.

Liquidity

The Interpublic Group of Companies, Inc.'s current ratio of 1.09 is below the typical benchmark, resulting in a score of 23/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

The Interpublic Group of Companies, Inc. has a free cash flow margin of 8.5%, earning a moderate score of 50/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

The Interpublic Group of Companies, Inc. earns a strong 18.2% return on equity (ROE), meaning it generates $18 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 86/100. This is down from 27.9% the prior year.

Altman Z-Score Distress

1.57

The Interpublic Group of Companies, Inc. scores 1.57, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Strong

7/9

The Interpublic Group of Companies, Inc. passes 7 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.53x

For every $1 of reported earnings, The Interpublic Group of Companies, Inc. generates $1.53 in operating cash flow ($1.1B OCF vs $689.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

5.23x

The Interpublic Group of Companies, Inc. earns $5.23 in operating income for every $1 of interest expense ($1.2B vs $229.9M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$2.5B

YoY-5.1%

QoQ-1.7%

5Y CAGR+3.2%

10Y CAGR+2.9%

The Interpublic Group of Companies, Inc. generated $2.5B in revenue in Q3 2025. This represents a decrease of 5.1% from the same quarter a year earlier. Against the prior quarter it is down 1.7%.

EBITDA

$281.0M

YoY+41.8%

QoQ-7.8%

5Y CAGR-2.5%

The Interpublic Group of Companies, Inc.'s EBITDA was $281.0M in Q3 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 41.8% from the same quarter a year earlier. Against the prior quarter it is down 7.8%.

Net Income

$124.2M

YoY+517.9%

QoQ-23.6%

5Y CAGR-15.0%

10Y CAGR+5.2%

The Interpublic Group of Companies, Inc. reported $124.2M in net income in Q3 2025. This represents an increase of 517.9% from the same quarter a year earlier. Against the prior quarter it is down 23.6%.

EPS (Diluted)

$0.34

YoY+580.0%

QoQ-22.7%

5Y CAGR-13.7%

10Y CAGR+6.6%

The Interpublic Group of Companies, Inc. earned $0.34 per diluted share (EPS) in Q3 2025. This represents an increase of 580.0% from the same quarter a year earlier. Against the prior quarter it is down 22.7%.

Cash & Balance Sheet

Free Cash Flow

$153.6M

YoY-17.6%

QoQ+226.1%

5Y CAGR-25.0%

10Y CAGR-4.8%

The Interpublic Group of Companies, Inc. generated $153.6M in free cash flow in Q3 2025, representing cash available after capex. This represents a decrease of 17.6% from the same quarter a year earlier. Against the prior quarter it is up 226.1%.

Cash & Debt

$1.5B

YoY-0.1%

QoQ-2.1%

5Y CAGR-1.2%

10Y CAGR+5.8%

The Interpublic Group of Companies, Inc. held $1.5B in cash against $2.9B in long-term debt as of Q3 2025.

Dividends Per Share

$0.33

YoY0.0%

QoQ0.0%

The Interpublic Group of Companies, Inc. paid $0.33 per share in dividends in Q3 2025. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

363M

YoY-2.5%

QoQ-0.8%

5Y CAGR-1.4%

10Y CAGR-1.1%

The Interpublic Group of Companies, Inc. had 363M shares outstanding in Q3 2025. This represents a decrease of 2.5% from the same quarter a year earlier. Against the prior quarter it is down 0.8%.

Margins & Returns

Operating Margin

8.8%

YoY+3.7pp

QoQ-0.8pp

5Y change-2.9pp

10Y change+19.1pp

The Interpublic Group of Companies, Inc.'s operating margin was 8.8% in Q3 2025, reflecting core business profitability. This is up 3.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.8 percentage points.

Net Margin

5.0%

YoY+4.2pp

QoQ-1.4pp

5Y change-8.2pp

10Y change+1.0pp

The Interpublic Group of Companies, Inc.'s net profit margin was 5.0% in Q3 2025, showing the share of revenue converted to profit. This is up 4.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.4 percentage points.

Return on Equity

3.4%

YoY+2.9pp

QoQ-1.0pp

5Y change-6.9pp

10Y change-0.6pp

The Interpublic Group of Companies, Inc.'s ROE was 3.4% in Q3 2025, measuring profit generated per dollar of shareholder equity. This is up 2.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.0 percentage points.

Gross Margin

Not reported for Q3 2025.

Capital Allocation

Share Buybacks

$69.1M

YoY-30.9%

QoQ-29.7%

The Interpublic Group of Companies, Inc. spent $69.1M on share buybacks in Q3 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 30.9% from the same quarter a year earlier. Against the prior quarter it is down 29.7%.

Capital Expenditures

$26.5M

YoY-29.0%

QoQ+2.7%

5Y CAGR-8.0%

10Y CAGR-1.5%

The Interpublic Group of Companies, Inc. invested $26.5M in capex in Q3 2025, funding long-term assets and infrastructure. This represents a decrease of 29.0% from the same quarter a year earlier. Against the prior quarter it is up 2.7%.

R&D Spending

Not reported for Q3 2025.

IPG Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

IPG quarterly income statement

Metric	TTM	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Revenue	$10.2B	$10.7B-1.8%	$10.9B-0.4%	$10.9B+6.7%	$10.2B+13.0%	$9.1B-11.4%	$10.2B+5.2%	$9.7B+7.4%	$9.0B-0.1%	$9.1B+18.9%	$7.6B+1.0%	$7.5B+5.8%	$7.1B+2.4%	$7.0B-0.8%	$7.0B+7.8%	$6.5B
Cost of Revenue	N/A	$8.9B-2.2%	$9.1B-0.1%	$9.1B+8.3%	$8.4B+8.8%	$7.7B-11.7%	$8.7B+4.7%	$8.3B+6.4%	$7.8B+0.2%	$7.8B	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	$1.8B+0.3%	$1.8B-1.7%	$1.8B-0.4%	$1.9B+37.1%	$1.4B-9.4%	$1.5B+8.3%	$1.4B+13.6%	$1.2B-1.7%	$1.2B	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$181.2M	$130.5M+94.2%	$67.2M-22.8%	$87.1M-28.8%	$122.3M+108.0%	$58.8M-37.3%	$93.8M-43.7%	$166.5M+40.5%	$118.5M-14.5%	$138.6M-92.6%	$1.9B-2.3%	$1.9B+0.5%	$1.9B+1.6%	$1.9B-1.9%	$1.9B+4.5%	$1.8B
Operating Income	$988.6M	$1.2B-18.8%	$1.5B+7.3%	$1.4B-3.8%	$1.4B+144.1%	$588.4M-45.8%	$1.1B+7.7%	$1.0B+7.5%	$938.4M+0.2%	$936.4M+7.0%	$874.8M+11.0%	$788.4M+31.8%	$598.3M-11.8%	$678.3M-1.3%	$687.2M+25.2%	$548.7M
EBITDA	N/A	$1.5B-16.3%	$1.7B+5.5%	$1.7B-3.8%	$1.7B+95.7%	$879.0M-35.6%	$1.4B+12.6%	$1.2B+10.6%	$1.1B-0.1%	$1.1B+9.0%	$1.0B+9.1%	$922.1M+26.1%	$731.5M-8.9%	$802.6M-1.9%	$817.9M+20.7%	$677.7M
Interest Expense	$203.8M	$229.9M+1.9%	$225.6M+34.4%	$167.9M-1.6%	$170.6M-11.2%	$192.2M-3.6%	$199.3M+62.0%	$123.0M+35.5%	$90.8M+0.2%	$90.6M+5.6%	$85.8M+1.1%	$84.9M-30.8%	$122.7M-8.1%	$133.5M-2.4%	$136.8M-2.1%	$139.7M
Income Tax	$229.8M	$333.9M+14.7%	$291.2M-8.5%	$318.4M+26.4%	$251.8M+3047.5%	$8.0M-96.1%	$204.8M+2.8%	$199.2M-26.6%	$271.3M+37.8%	$196.9M-30.4%	$282.8M+30.6%	$216.5M+19.5%	$181.2M-15.0%	$213.3M+12.1%	$190.2M+11.0%	$171.3M
Net Income	$545.8M	$689.5M-37.2%	$1.1B+17.1%	$938.0M-1.6%	$952.8M+171.4%	$351.1M-46.5%	$656.0M+6.0%	$618.9M+11.6%	$554.4M-8.4%	$605.0M+33.1%	$454.6M-4.7%	$477.1M+78.1%	$267.9M-40.0%	$446.7M-16.1%	$532.3M+103.9%	$261.1M
EPS (Basic)	N/A	$1.84-35.7%	$2.86+19.2%	$2.40-0.8%	$2.42+168.9%	$0.90-47.1%	$1.70+5.6%	$1.61+13.4%	$1.42-6.6%	$1.52+36.9%	$1.11-2.6%	$1.14+83.9%	$0.62-38.6%	$1.01-9.8%	$1.12+96.5%	$0.57
EPS (Diluted)	$1.47	$1.83-35.8%	$2.85+20.3%	$2.37-0.8%	$2.39+168.5%	$0.89-47.0%	$1.68+5.7%	$1.59+13.6%	$1.40-5.4%	$1.48+35.8%	$1.09-2.7%	$1.12+83.6%	$0.61-35.1%	$0.94-5.1%	$0.99+110.6%	$0.47
Diluted Shares (Avg)	N/A	378M-2.1%	386M-2.3%	395M-0.8%	398M+1.3%	393M+0.5%	391M+0.6%	389M-2.1%	397M-2.6%	408M-1.9%	416M-2.3%	425M-1.0%	430M-10.8%	481M-11.0%	541M-0.3%	542M

Metric	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-Q	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-K
Revenue	$2.5B-5.1%	$2.5B-6.4%	$2.3B-6.9%	$2.9B-5.5%	$2.6B-1.9%	$2.7B+1.6%	$2.5B-1.0%	$3.0B+1.3%
Cost of Revenue	N/A	N/A	$2.1B-6.7%	$2.2B-6.0%	$2.2B-1.9%	$2.3B+1.0%	$2.2B-1.9%	$2.3B-0.5%
Gross Profit	N/A	N/A	$262.7M-8.8%	$669.0M-3.9%	$451.6M-1.6%	$411.1M+5.6%	$288.0M+6.9%	$696.4M+7.4%
SG&A Expenses	$50.3M+141.8%	$46.4M+68.1%	$40.4M+6.3%	$44.1M+87.7%	$20.8M+23.1%	$27.6M+98.6%	$38.0M+194.6%	$23.5M-21.4%
Operating Income	$219.0M+64.8%	$243.7M-23.4%	-$42.0M-122.8%	$567.9M-6.4%	$132.9M-64.7%	$318.2M+2.4%	$184.2M-2.2%	$606.8M+36.5%
EBITDA	$281.0M+41.8%	$304.9M-20.4%	$19.0M-92.4%	$631.3M-6.1%	$198.2M-55.2%	$383.2M+1.6%	$249.4M-2.1%	$672.1M+30.1%
Interest Expense	$48.9M-10.9%	$50.5M-12.8%	$50.1M-20.2%	$54.3M-11.6%	$54.9M-6.5%	$57.9M+3.8%	$62.8M+26.4%	$61.4M+36.7%
Income Tax	$58.7M-31.2%	$54.6M-27.8%	-$9.2M-119.5%	$125.7M-19.1%	$85.3M-6.8%	$75.6M+613.2%	$47.3M+39.9%	$155.3M+42.2%
Net Income	$124.2M+517.9%	$162.5M-24.2%	-$85.4M-177.4%	$344.5M-25.6%	$20.1M-91.8%	$214.5M-19.2%	$110.4M-12.4%	$463.2M+55.9%
EPS (Basic)	$0.34+580.0%	$0.44-22.8%	-$0.23-179.3%	$0.92-24.0%	$0.05-92.2%	$0.57-17.4%	$0.29-12.1%	$1.21+57.1%
EPS (Diluted)	$0.34+580.0%	$0.44-22.8%	-$0.23-179.3%	$0.92-24.0%	$0.05-92.1%	$0.57-16.2%	$0.29-12.1%	$1.21+61.3%
Diluted Shares (Avg)	368M-2.3%	370M-2.3%	375M-1.5%	N/A	377M-2.3%	379M-2.3%	381M-1.8%	N/A

Not reported in any period shown, so not listed: R&D Expenses.

IPG Balance Sheet

IPG quarterly balance sheet

Metric	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Total Assets	$18.3B-4.9%	$19.3B+2.4%	$18.8B-5.5%	$19.9B+10.3%	$18.0B+1.6%	$17.8B+13.6%	$15.6B+22.9%	$12.7B+1.8%	$12.5B-0.8%	$12.6B-1.2%	$12.7B-1.3%	$12.9B-4.4%	$13.5B+4.5%	$12.9B-1.2%	$13.1B
Current Assets	$10.6B-3.1%	$11.0B+6.1%	$10.3B-8.1%	$11.2B+19.9%	$9.4B+6.8%	$8.8B+7.2%	$8.2B+9.5%	$7.5B+0.5%	$7.4B-3.3%	$7.7B-1.5%	$7.8B-3.4%	$8.1B-7.5%	$8.7B+4.6%	$8.4B-1.2%	$8.5B
Cash & Equivalents	$2.2B-8.3%	$2.4B-6.3%	$2.5B-22.2%	$3.3B+30.3%	$2.5B+110.5%	$1.2B+77.0%	$673.4M-14.9%	$790.9M-27.9%	$1.1B-27.0%	$1.5B-9.5%	$1.7B+1.5%	$1.6B-36.4%	$2.6B+11.8%	$2.3B-13.9%	$2.7B
Short-Term Investments	$0	$0-100.0%	$1.1M	$0	$0	$0	$0	$0-100.0%	$3.0M-55.9%	$6.8M+3.0%	$6.6M+24.5%	$5.3M-66.9%	$16.0M+24.0%	$12.9M-5.8%	$13.7M
Accounts Receivable	$5.6B-2.1%	$5.8B+8.5%	$5.3B+2.7%	$5.2B+11.4%	$4.6B-10.8%	$5.2B+1.6%	$5.1B+11.8%	$4.6B+4.4%	$4.4B+0.7%	$4.4B-0.4%	$4.4B-4.1%	$4.6B+1.5%	$4.5B+1.6%	$4.4B+2.5%	$4.3B
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$4.7B-7.7%	$5.1B+0.6%	$5.1B+2.9%	$4.9B-0.7%	$4.9B+1.0%	$4.9B+0.4%	$4.9B+27.6%	$3.8B+4.0%	$3.7B+1.8%	$3.6B-1.7%	$3.7B+1.1%	$3.6B+1.4%	$3.6B+4.0%	$3.4B+2.3%	$3.4B
Total Liabilities	$14.4B-5.3%	$15.2B+0.8%	$15.1B-7.4%	$16.3B+8.7%	$15.0B+1.7%	$14.8B+13.4%	$13.0B+27.6%	$10.2B+0.3%	$10.2B-1.5%	$10.3B0.0%	$10.3B-0.7%	$10.4B-3.7%	$10.8B+6.3%	$10.2B-0.4%	$10.2B
Current Liabilities	$9.8B-5.5%	$10.3B+3.5%	$10.0B-8.3%	$10.9B+13.7%	$9.6B+1.7%	$9.4B+16.0%	$8.1B+5.8%	$7.7B-0.4%	$7.7B+1.6%	$7.6B+1.6%	$7.5B-8.6%	$8.2B+6.0%	$7.7B-4.2%	$8.0B+3.8%	$7.7B
Non-Current Liabilities	$4.7B-4.8%	$4.9B-4.4%	$5.1B-5.5%	$5.4B-0.2%	$5.4B+1.6%	$5.3B+9.1%	$4.9B+93.4%	$2.5B+2.5%	$2.5B-10.1%	$2.7B-4.1%	$2.9B+27.9%	$2.2B-27.9%	$3.1B+45.8%	$2.1B-13.7%	$2.5B
Long-Term Debt	$2.9B+0.1%	$2.9B+1.6%	$2.9B-1.3%	$2.9B-0.2%	$2.9B+5.2%	$2.8B-24.3%	$3.7B+184.7%	$1.3B+0.4%	$1.3B-20.5%	$1.6B-0.2%	$1.6B+42.8%	$1.1B-45.2%	$2.1B+70.2%	$1.2B-23.5%	$1.6B
Total Equity	$3.8B-3.7%	$3.9B+9.1%	$3.6B+2.5%	$3.5B+21.8%	$2.9B+4.3%	$2.8B+16.0%	$2.4B+8.2%	$2.2B+9.6%	$2.0B+2.6%	$2.0B-7.1%	$2.1B-4.5%	$2.2B-8.5%	$2.4B-1.7%	$2.5B-2.7%	$2.5B
Retained Earnings	$4.4B+4.4%	$4.3B+17.1%	$3.6B+15.1%	$3.2B+19.6%	$2.6B-2.0%	$2.7B+12.1%	$2.4B+14.0%	$2.1B+16.6%	$1.8B+25.5%	$1.4B+21.5%	$1.2B+36.9%	$864.5M+17.1%	$738.3M+82.3%	$405.1M+735.9%	-$63.7M

Metric	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-Q	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-K
Total Assets	$17.0B-0.7%	$17.0B+0.1%	$17.1B-0.9%	$18.3B-4.9%	$17.1B+0.3%	$17.0B-0.6%	$17.3B+3.7%	$19.3B+2.4%
Current Assets	$9.4B+1.7%	$9.3B+5.4%	$9.4B+4.4%	$10.6B-3.1%	$9.3B+7.1%	$8.8B+2.1%	$9.0B+10.5%	$11.0B+6.1%
Cash & Equivalents	$1.5B-0.1%	$1.6B+1.2%	$1.9B-3.2%	$2.2B-8.3%	$1.5B-2.7%	$1.5B-5.1%	$1.9B+15.1%	$2.4B-6.3%
Short-Term Investments	$0	$0	$0	$0	$0-100.0%	$0-100.0%	$0	$0-100.0%
Accounts Receivable	$4.9B+4.8%	$4.9B+7.7%	$4.6B+7.3%	$5.6B-2.1%	$4.7B+16.6%	$4.5B+8.1%	$4.3B+14.2%	$5.8B+8.5%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$4.8B+0.2%	$4.8B-5.2%	$4.8B-6.1%	$4.7B-7.7%	$4.7B-6.3%	$5.1B-0.4%	$5.1B+0.1%	$5.1B+0.6%
Total Liabilities	$13.3B0.0%	$13.2B+1.3%	$13.4B+0.5%	$14.4B-5.3%	$13.3B0.0%	$13.1B-1.8%	$13.4B+2.8%	$15.2B+0.8%
Current Liabilities	$8.7B+3.3%	$8.7B+5.1%	$8.8B+4.0%	$9.8B-5.5%	$8.5B+1.7%	$8.3B-0.8%	$8.5B+6.8%	$10.3B+3.5%
Non-Current Liabilities	$4.5B-5.8%	$4.5B-5.2%	$4.6B-5.7%	$4.7B-4.8%	$4.8B-2.8%	$4.8B-3.6%	$4.9B-3.5%	$4.9B-4.4%
Long-Term Debt	$2.9B+0.1%	$2.9B+0.1%	$2.9B+0.1%	$2.9B+0.1%	$2.9B+0.1%	$2.9B+0.1%	$2.9B+1.6%	$2.9B+1.6%
Total Equity	$3.7B-1.9%	$3.7B-3.2%	$3.6B-6.3%	$3.8B-3.7%	$3.7B+1.2%	$3.8B+4.1%	$3.8B+7.4%	$3.9B+9.1%
Retained Earnings	$4.3B+1.8%	$4.3B-0.7%	$4.2B-0.2%	$4.4B+4.4%	$4.2B+7.9%	$4.3B+14.3%	$4.2B+16.5%	$4.3B+17.1%

Not reported in any period shown, so not listed: Inventory.

IPG Cash Flow Statement

IPG quarterly cash flow statement

Metric	TTM	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Operating Cash Flow	$915.2M	$1.1B+90.2%	$554.7M-13.6%	$642.1M-69.1%	$2.1B+12.4%	$1.8B+20.8%	$1.5B+170.6%	$565.1M-35.9%	$881.8M+72.0%	$512.8M-25.5%	$688.5M-1.1%	$696.4M+17.5%	$592.9M+66.0%	$357.2M+30.6%	$273.5M-66.5%	$817.3M
Depreciation & Amortization	N/A	$258.9M-2.0%	$264.3M-3.5%	$274.0M-3.5%	$283.8M-2.3%	$290.6M+4.3%	$278.5M+37.3%	$202.9M+29.2%	$157.1M-1.9%	$160.2M+22.4%	$130.9M-2.1%	$133.7M+0.4%	$133.2M+7.2%	$124.3M-4.9%	$130.7M+1.3%	$129.0M
Stock-Based Compensation	N/A	$64.8M+38.8%	$46.7M-6.6%	$50.0M-28.7%	$70.1M+4.6%	$67.0M-16.5%	$80.2M-2.4%	$82.2M+0.2%	$82.0M-4.2%	$85.6M+21.8%	$70.3M+29.5%	$54.3M+26.0%	$43.1M-3.1%	$44.5M-13.9%	$51.7M+3.4%	$50.0M
Capital Expenditures	$108.4M	$141.8M-20.9%	$179.3M+0.7%	$178.1M-8.8%	$195.3M+16.6%	$167.5M-15.6%	$198.5M+12.1%	$177.1M+13.6%	$155.9M-22.3%	$200.7M+24.6%	$161.1M+8.3%	$148.7M-14.0%	$173.0M+2.2%	-$169.2M+20.6%	$140.3M+45.7%	$96.3M
Free Cash Flow	$806.8M	$913.4M+143.3%	$375.4M-19.1%	$464.0M-75.3%	$1.9B+11.9%	$1.7B+26.2%	$1.3B+243.0%	$388.0M-46.5%	$725.9M+132.6%	$312.1M-40.8%	$527.4M-3.7%	$547.7M+30.4%	$419.9M+123.4%	$188.0M+41.1%	$133.2M-81.5%	$721.0M
Investing Cash Flow	-$125.1M	-$151.1M-76.9%	-$85.4M+80.1%	-$430.1M-132.1%	-$185.3M+14.3%	-$216.2M-33.7%	-$161.7M+93.5%	-$2.5B-1169.9%	-$196.2M+25.7%	-$263.9M-32.1%	-$199.7M-0.4%	-$198.9M+11.4%	-$224.5M-206.8%	$210.2M+457.5%	-$58.8M+45.8%	-$108.5M
Financing Cash Flow	-$796.4M	-$1.0B-60.8%	-$634.3M+29.5%	-$899.4M+17.0%	-$1.1B-213.2%	-$346.2M+58.9%	-$843.0M-145.5%	$1.9B+284.4%	-$1.0B-50.8%	-$666.4M-35.8%	-$490.9M-31.7%	-$372.7M+69.3%	-$1.2B-1023.3%	$131.3M+124.3%	-$541.0M+1.2%	-$547.7M
Dividends Paid	$489.4M	$496.5M+3.6%	$479.1M+4.8%	$457.3M+6.9%	$427.7M+7.4%	$398.1M+9.6%	$363.1M+12.7%	$322.1M+14.9%	$280.3M+17.6%	$238.4M+21.9%	$195.5M+23.0%	$159.0M+26.2%	$126.0M+21.9%	$103.4M-6.9%	$111.1M	$0
Share Buybacks	-$202.8M	-$230.1M-34.3%	$350.2M+9.4%	-$320.1M	$0	$0	$0-100.0%	$117.1M-61.0%	$300.1M-1.1%	$303.3M+6.3%	$285.2M+3.7%	$275.1M-42.9%	$481.8M+37.5%	$350.5M-12.5%	$400.8M	$0

Metric	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-Q	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-K
Operating Cash Flow	$180.1M-19.5%	-$96.0M-179.5%	-$37.0M+76.5%	$868.1M-3.0%	$223.8M-7.8%	$120.7M+442.9%	-$157.4M+71.3%	$894.8M-31.2%
Depreciation & Amortization	$62.0M-5.1%	$61.2M-5.8%	$61.0M-6.4%	$63.4M-2.9%	$65.3M-1.1%	$65.0M-2.3%	$65.2M-2.0%	$65.3M-9.4%
Stock-Based Compensation	N/A	N/A	$12.2M-25.6%	N/A	N/A	N/A	$16.4M+47.7%	N/A
Capital Expenditures	$26.5M-29.0%	$25.8M-25.9%	$21.5M-38.7%	$34.6M-33.7%	$37.3M-22.0%	$34.8M-25.0%	$35.1M+6.7%	$52.2M-12.4%
Free Cash Flow	$153.6M-17.6%	-$121.8M-241.8%	-$58.5M+69.6%	$833.5M-1.1%	$186.5M-4.3%	$85.9M+205.3%	-$192.5M+66.8%	$842.6M-32.1%
Investing Cash Flow	-$26.3M+36.5%	-$21.3M+47.3%	-$58.2M-16.4%	-$19.3M-116.2%	-$41.4M+14.8%	-$40.4M+66.6%	-$50.0M-44.1%	$118.9M+139.1%
Financing Cash Flow	-$202.9M+7.5%	-$223.2M+50.5%	-$248.0M-9.2%	-$122.3M+49.9%	-$219.3M+2.7%	-$451.2M-510.9%	-$227.1M+17.2%	-$244.3M+0.9%
Dividends Paid	$120.2M-2.4%	$121.1M-2.3%	$125.3M-1.0%	$122.8M+4.2%	$123.2M+3.9%	$123.9M+3.8%	$126.6M+2.8%	$117.9M+5.1%
Share Buybacks	$69.1M-30.9%	$98.3M+45.2%	$90.0M+44.2%	-$460.2M+250.8%	$100.0M+8.5%	$67.7M+34.9%	$62.4M-19.8%	$131.2M-75.8%

IPG Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

IPG quarterly financial ratios

Metric	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Gross Margin	17.0%+0.4pp	16.7%-0.2pp	16.9%-1.2pp	18.1%+3.2pp	14.9%+0.3pp	14.6%+0.4pp	14.2%+0.8pp	13.4%-0.2pp	13.6%	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	11.3%-2.4pp	13.6%+1.0pp	12.6%-1.4pp	14.0%+7.5pp	6.5%-4.1pp	10.6%+0.2pp	10.4%0.0pp	10.4%0.0pp	10.3%-1.1pp	11.5%+1.0pp	10.5%+2.1pp	8.4%-1.3pp	9.8%-0.1pp	9.8%+1.4pp	8.4%
Net Margin	6.5%-3.6pp	10.1%+1.5pp	8.6%-0.7pp	9.3%+5.4pp	3.9%-2.5pp	6.4%0.0pp	6.4%+0.2pp	6.1%-0.5pp	6.7%+0.7pp	6.0%-0.4pp	6.3%+2.6pp	3.8%-2.7pp	6.4%-1.2pp	7.6%+3.6pp	4.0%
Return on Equity	18.2%-9.7pp	27.9%+1.9pp	25.9%-1.1pp	27.0%+14.9pp	12.1%-11.5pp	23.6%-2.2pp	25.9%+0.8pp	25.1%-4.9pp	30.0%+6.9pp	23.1%+0.6pp	22.5%+10.4pp	12.1%-6.4pp	18.4%-3.2pp	21.6%+11.3pp	10.3%
Return on Assets	3.8%-1.9pp	5.7%+0.7pp	5.0%+0.2pp	4.8%+2.8pp	1.9%-1.7pp	3.7%-0.3pp	4.0%-0.4pp	4.4%-0.5pp	4.9%+1.2pp	3.6%-0.1pp	3.8%+1.7pp	2.1%-1.2pp	3.3%-0.8pp	4.1%+2.1pp	2.0%
Current Ratio	1.090.0x	1.060.0x	1.030.0x	1.03+0.1x	0.980.0x	0.93-0.1x	1.010.0x	0.970.0x	0.970.0x	1.010.0x	1.05+0.1x	0.99-0.1x	1.13+0.1x	1.04-0.1x	1.09
Debt-to-Equity	0.770.0x	0.74-0.1x	0.790.0x	0.82-0.2x	1.010.0x	1.00-0.5x	1.53+0.9x	0.58-0.1x	0.63-0.2x	0.82+0.1x	0.76+0.3x	0.51-0.3x	0.85+0.4x	0.49-0.1x	0.63
Asset Turnover	0.580.0x	0.570.0x	0.58+0.1x	0.510.0x	0.50-0.1x	0.580.0x	0.62-0.1x	0.710.0x	0.73+0.1x	0.600.0x	0.590.0x	0.550.0x	0.520.0x	0.540.0x	0.50
FCF Margin	8.5%+5.1pp	3.5%-0.8pp	4.3%-14.1pp	18.4%-0.2pp	18.5%+5.5pp	13.0%+9.0pp	4.0%-4.0pp	8.0%+4.6pp	3.5%-3.5pp	6.9%-0.3pp	7.3%+1.4pp	5.9%+3.2pp	2.7%+0.8pp	1.9%-9.2pp	11.1%

Metric	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-Q	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-K
Gross Margin	N/A	N/A	11.3%-0.2pp	23.4%+0.4pp	17.2%0.0pp	15.2%+0.6pp	11.5%+0.9pp	23.0%+1.3pp
Operating Margin	8.8%+3.7pp	9.6%-2.1pp	-1.8%-9.2pp	19.9%-0.2pp	5.1%-9.0pp	11.7%+0.1pp	7.4%-0.1pp	20.1%+5.2pp
Net Margin	5.0%+4.2pp	6.4%-1.5pp	-3.7%-8.1pp	12.1%-3.3pp	0.8%-8.3pp	7.9%-2.0pp	4.4%-0.6pp	15.3%+5.4pp
Return on Equity	3.4%+2.9pp	4.4%-1.2pp	-2.4%-5.3pp	9.1%-2.7pp	0.5%-6.1pp	5.6%-1.6pp	2.9%-0.7pp	11.8%+3.5pp
Return on Assets	0.7%+0.6pp	0.9%-0.3pp	-0.5%-1.1pp	1.9%-0.5pp	0.1%-1.3pp	1.3%-0.3pp	0.6%-0.1pp	2.4%+0.8pp
Current Ratio	1.080.0x	1.070.0x	1.070.0x	1.090.0x	1.09+0.1x	1.060.0x	1.060.0x	1.060.0x
Debt-to-Equity	0.800.0x	0.790.0x	0.82+0.1x	0.770.0x	0.780.0x	0.760.0x	0.760.0x	0.74-0.1x
Asset Turnover	0.150.0x	0.150.0x	0.140.0x	0.160.0x	0.150.0x	0.160.0x	0.140.0x	0.160.0x
FCF Margin	6.2%-0.9pp	-4.8%-8.0pp	-2.5%+5.2pp	29.2%+1.3pp	7.1%-0.2pp	3.2%+6.2pp	-7.7%+15.3pp	27.9%-13.7pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
The Interpublic Group of Companies, Inc. IPG	FY2024	$10.7B	$689.5M	6.5%	$9.0B	55/100
QMMM Holdings Limited QMMM	FY2025	$2.0M	-$2.0M	N/A	$6.8B	22/100
Magnite, Inc. MGNI	FY2025	$714.0M	$144.6M	20.3%	$3.7B	56/100
Omnicom Group Inc. OMC	FY2025	$17.3B	-$54.5M	-0.3%	$21.0B	50/100
The Trade Desk, Inc. TTD	FY2025	$2.9B	$443.3M	15.3%	$5.8B	69/100

Where The Interpublic Group of Companies, Inc. Ranks

Frequently Asked Questions

What is The Interpublic Group of Companies, Inc.'s annual revenue?

The Interpublic Group of Companies, Inc. (IPG) reported $10.7B in total revenue for fiscal year 2024. This represents a -1.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is The Interpublic Group of Companies, Inc.'s revenue growing?

The Interpublic Group of Companies, Inc. (IPG) revenue declined by 1.8% year-over-year, from $10.9B to $10.7B in fiscal year 2024.

Is The Interpublic Group of Companies, Inc. profitable?

Yes, The Interpublic Group of Companies, Inc. (IPG) reported a net income of $689.5M in fiscal year 2024, with a net profit margin of 6.5%.

What is The Interpublic Group of Companies, Inc.'s EBITDA?

The Interpublic Group of Companies, Inc. (IPG) had EBITDA of $1.5B in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does The Interpublic Group of Companies, Inc. have?

As of fiscal year 2024, The Interpublic Group of Companies, Inc. (IPG) had $2.2B in cash and equivalents against $2.9B in long-term debt.

What is The Interpublic Group of Companies, Inc.'s gross margin?

The Interpublic Group of Companies, Inc. (IPG) had a gross margin of 17.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is The Interpublic Group of Companies, Inc.'s operating margin?

The Interpublic Group of Companies, Inc. (IPG) had an operating margin of 11.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is The Interpublic Group of Companies, Inc.'s net profit margin?

The Interpublic Group of Companies, Inc. (IPG) had a net profit margin of 6.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is The Interpublic Group of Companies, Inc.'s return on equity (ROE)?

The Interpublic Group of Companies, Inc. (IPG) has a return on equity of 18.2% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is The Interpublic Group of Companies, Inc.'s free cash flow?

The Interpublic Group of Companies, Inc. (IPG) generated $913.4M in free cash flow during fiscal year 2024. This represents a 143.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is The Interpublic Group of Companies, Inc.'s operating cash flow?

The Interpublic Group of Companies, Inc. (IPG) generated $1.1B in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are The Interpublic Group of Companies, Inc.'s total assets?

The Interpublic Group of Companies, Inc. (IPG) had $18.3B in total assets as of fiscal year 2024, including both current and long-term assets.

What are The Interpublic Group of Companies, Inc.'s capital expenditures?

The Interpublic Group of Companies, Inc. (IPG) invested $141.8M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does The Interpublic Group of Companies, Inc. buy back shares?

Yes, The Interpublic Group of Companies, Inc. (IPG) spent $230.1M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does The Interpublic Group of Companies, Inc. have outstanding?

The Interpublic Group of Companies, Inc. (IPG) had 373M shares outstanding as of fiscal year 2024.

What is The Interpublic Group of Companies, Inc.'s current ratio?

The Interpublic Group of Companies, Inc. (IPG) had a current ratio of 1.09 as of fiscal year 2024, which is considered adequate.

What is The Interpublic Group of Companies, Inc.'s debt-to-equity ratio?

The Interpublic Group of Companies, Inc. (IPG) had a debt-to-equity ratio of 0.77 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is The Interpublic Group of Companies, Inc.'s return on assets (ROA)?

The Interpublic Group of Companies, Inc. (IPG) had a return on assets of 3.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is The Interpublic Group of Companies, Inc.'s Altman Z-Score?

The Interpublic Group of Companies, Inc. (IPG) has an Altman Z-Score of 1.57, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is The Interpublic Group of Companies, Inc.'s Piotroski F-Score?

The Interpublic Group of Companies, Inc. (IPG) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are The Interpublic Group of Companies, Inc.'s earnings high quality?

The Interpublic Group of Companies, Inc. (IPG) has an earnings quality ratio of 1.53x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can The Interpublic Group of Companies, Inc. cover its interest payments?

The Interpublic Group of Companies, Inc. (IPG) has an interest coverage ratio of 5.23x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is The Interpublic Group of Companies, Inc.?

The Interpublic Group of Companies, Inc. (IPG) scores 55 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.