The Interpublic Group of Companies, Inc. (IPG)

IPG Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	8,740	9,188	9,401	9,449	9,108	8,065
Revenue Growth (YoY)	-6.42%	-2.27%	-0.52%	3.75%	12.94%	-6.50%
Cost of Revenue	6,647	7,132	7,340	7,324	6,946	6,395
Gross Profit	2,092	2,055	2,061	2,126	2,162	1,670
Selling, General & Admin	378.9	362.6	317.1	360.4	415.3	372.1
Operating Expenses	626.5	621.5	581.4	634.4	699.1	662.7
Operating Income	1,466	1,434	1,479	1,492	1,463	1,007
Interest Expense	-203.8	-229.9	-225.6	-167.9	-170.6	-192.2
Interest & Investment Income	117.3	151.7	140.8	56.6	27.2	29.5
Earnings From Equity Investments	-2.1	0.5	1.3	5.6	2.5	0.9
Currency Exchange Gain (Loss)	-18.9	0.2	0.5	4.3	-	-
Other Non Operating Income (Expenses)	18.1	-3.1	-2.2	0.1	17.9	-0.7
EBT Excluding Unusual Items	1,377	1,353	1,394	1,390	1,340	844.7
Merger & Restructuring Charges	-492.2	-4.3	-0.1	-102.4	-10.6	-413.8
Impairment of Goodwill	-	-232.1	-	-	-	-
Gain (Loss) on Sale of Assets	-87.8	-64.2	17.9	-11.3	-19.4	-67
Other Unusual Items	-3	-3	-2.7	-2	-85.3	-1.7
Pretax Income	793.5	1,050	1,409	1,275	1,225	362.2
Income Tax Expense	229.8	333.9	291.2	318.4	251.8	8
Earnings From Continuing Operations	563.7	715.7	1,118	956.1	972.8	354.2
Minority Interest in Earnings	-17.9	-26.2	-19.7	-18.1	-20	-3.1
Net Income	545.8	689.5	1,098	938	952.8	351.1
Net Income to Common	545.8	689.5	1,098	938	952.8	351.1
Net Income Growth	-32.47%	-37.23%	17.10%	-1.55%	171.38%	-46.48%
Shares Outstanding (Basic)	369	375	384	392	393	389
Shares Outstanding (Diluted)	372	378	386	395	398	393
Shares Change (YoY)	-2.10%	-2.13%	-2.33%	-0.83%	1.32%	0.51%
EPS (Basic)	1.48	1.84	2.86	2.40	2.42	0.90
EPS (Diluted)	1.47	1.83	2.85	2.37	2.39	0.89
EPS Growth	-31.05%	-35.79%	20.25%	-0.84%	168.54%	-47.02%
Free Cash Flow	806.8	913.4	375.4	464	1,880	1,680
Free Cash Flow Per Share	2.17	2.42	0.97	1.17	4.72	4.27
Dividend Per Share	1.320	1.320	1.240	1.160	1.080	1.020
Dividend Growth	1.54%	6.45%	6.90%	7.41%	5.88%	8.51%
Gross Margin	23.94%	22.37%	21.92%	22.50%	23.74%	20.71%
Operating Margin	16.77%	15.61%	15.74%	15.78%	16.06%	12.49%
Profit Margin	6.25%	7.51%	11.68%	9.93%	10.46%	4.35%
Free Cash Flow Margin	9.23%	9.94%	3.99%	4.91%	20.64%	20.83%
EBITDA	1,714	1,693	1,744	1,766	1,747	1,298
EBITDA Margin	19.61%	18.42%	18.55%	18.68%	19.18%	16.09%
D&A For EBITDA	247.6	258.9	264.3	274	283.8	290.6
EBIT	1,466	1,434	1,479	1,492	1,463	1,007
EBIT Margin	16.77%	15.61%	15.74%	15.78%	16.06%	12.49%
Effective Tax Rate	28.96%	31.81%	20.66%	24.98%	20.56%	2.21%
Revenue as Reported	10,210	10,692	10,889	10,928	10,241	9,061

Updated Nov 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q