The Interpublic Group of Companies, Inc. (IPG) Financial Statements

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Interpublic Group of Companies financial statements at a glance

Interpublic Group of Companies reported revenue of $10.69 billion for fiscal year 2024 (ended December 31, 2024), down 1.8% from fiscal year 2023. Net income was $689.50 million, a net margin of 6.4%.

At the end of fiscal year 2024 it had total assets of $18.33 billion, total liabilities of $14.53 billion and shareholders' equity of $3.80 billion, with total debt of $2.96 billion.

Its operations brought in $1.06 billion of cash.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2024.

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The Interpublic Group of Companies, Inc.

IPGUnited States
Commercial Services
USD (Local)

Income Statement

Annual • USD

Revenue
10.69B
Prev Year: 10.89B
YoY: -1.8%
Total Revenue
-
Cost of Revenue
8.87B
Prev Year: 9.08B
YoY: -2.2%
Gross Profit
1.82B
Prev Year: 1.81B
YoY: +0.3%
SG&A Expenses
130.50M
Prev Year: 67.20M
YoY: +94.2%
Operating Expense
-
Depreciation/Amortization
258.90M
Prev Year: 264.30M
YoY: -2.0%
Operating Expenses
9.55B
Prev Year: 9.39B
YoY: +1.7%
Net Non Operating Interest Income Expense
-
Operating Income
1.14B
Prev Year: 1.50B
YoY: -24.1%
Pre-tax Income
-
Interest Inc.(Exp.),Net-Non-Op., Total
-78.20M
Prev Year: -84.80M
YoY: +7.8%
Other, Net
-11.70M
Prev Year: -7.70M
YoY: -51.9%
Net Income Common Stockholders
-
Net Income Before Taxes
1.05B
Prev Year: 1.41B
YoY: -25.5%
Diluted NI Available to Com Stockholders
-
Provision for Income Taxes
333.90M
Prev Year: 291.20M
YoY: +14.7%
Basic EPS
-
Net Income After Taxes
715.20M
Prev Year: 1.12B
YoY: -36.0%
Diluted EPS
-
Equity In Affiliates
500.0K
Prev Year: 1.30M
YoY: -61.5%
Weighted Average Shares (basic)
-
Net Income Before Extra. Items
689.50M
Prev Year: 1.10B
YoY: -37.2%
Weighted Average Shares (diluted)
-
Net Income
689.50M
Prev Year: 1.10B
YoY: -37.2%
Total Operating Income as Reported
-
Income Available to Com Excl ExtraOrd
689.50M
Prev Year: 1.10B
YoY: -37.2%
Total Expenses
-
Income Available to Com Incl ExtraOrd
689.50M
Prev Year: 1.10B
YoY: -37.2%
Net Income from Continuing and Discontinued Operation
-
Diluted Net Income
689.50M
Prev Year: 1.10B
YoY: -37.2%
Normalized Income
-
Diluted Weighted Average Shares
377.70M
Prev Year: 385.90M
YoY: -2.1%
Interest Income
-
Diluted EPS Excluding ExtraOrd Items
1.826
Prev Year: 2.846
YoY: -35.9%
Interest Expense
-
DPS - Common Stock Primary Issue
1.32
Prev Year: 1.24
YoY: +6.5%
Net Interest Income
-
Diluted Normalized EPS
2.351
Prev Year: 2.81
YoY: -16.3%
EBIT
-
Unusual Expense (Income)
291.30M
Prev Year: -17.80M
YoY: +1736.5%
EBITDA
-
Minority Interest
-26.20M
Prev Year: -19.70M
YoY: -33.0%
Reconciled Cost of Revenue
-
Values in USD

Interpublic Group of Companies key figures by fiscal year

FY2024FY2023FY2022FY2021FY2020
Revenue$10.7B$10.9B$10.9B$10.2B–
Gross profit$1.8B$1.8B$1.8B$1.9B–
Operating income$1.1B$1.5B$1.4B$1.4B–
Net income$689.5M$1.1B$938.0M$952.8M–
Diluted EPS–––$2.39–
Total assets$18.3B$19.3B$18.8B$19.9B–
Total liabilities$14.5B$15.3B$15.2B$16.3B–
Shareholders' equity$3.8B$3.9B$3.6B$3.5B–
Cash–––$3.3B–
Total debt$3.0B$3.2B$2.9B$4.8B–
Operating cash flow$1.1B$554.7M$608.8M$2.1B–
Capital spending–––$195.3M–
Free cash flow–––$1.9B–

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.

Questions and answers

What was Interpublic Group of Companies's revenue in fiscal year 2024?

$10.69 billion, down 1.8% from $10.89 billion in fiscal year 2023.

How much profit does Interpublic Group of Companies make?

Interpublic Group of Companies reported net income of $689.50 million for fiscal year 2024 (6.4% of revenue); operating income was $1.14 billion.

How much cash and debt does Interpublic Group of Companies have?

At the end of fiscal year 2024: total debt of $2.96 billion.

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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