The Interpublic Group of Companies, Inc. (IPG)

IPG Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	10,864	10,889	10,928	10,241	9,061	10,221
Revenue Growth (YoY)	-0.15%	-0.35%	6.71%	13.02%	-11.35%	5.22%
Cost of Revenue	9,031	9,075	9,083	8,388	7,709	8,729
Gross Profit	1,833	1,814	1,845	1,853	1,352	1,492
Selling, General & Admin	92.3	67.2	87.1	122.3	58.8	93.8
Other Operating Expenses	262.1	264.4	376.4	294.4	704.4	312.4
Operating Expenses	354.4	331.6	463.5	416.7	763.2	406.2
Operating Income	1,479	1,483	1,381	1,436	588.4	1,086
Interest Expense / Income	246.1	225.6	167.9	170.6	192.2	199.3
Other Expense / Income	-155.1	-132.6	-43.1	61	37.1	25.9
Pretax Income	1,388	1,390	1,256	1,205	359.1	860.8
Income Tax	304.7	291.2	318.4	251.8	8	204.8
Net Income	1,083	1,098	938	952.8	351.1	656
Net Income Growth	19.70%	17.10%	-1.55%	171.38%	-46.48%	5.99%
Shares Outstanding (Basic)	378	384	392	393	389	386
Shares Outstanding (Diluted)	381	386	395	398	393	391
Shares Change	-1.76%	-2.33%	-0.83%	1.32%	0.51%	0.57%
EPS (Basic)	2.83	2.86	2.40	2.42	0.90	1.70
EPS (Diluted)	2.81	2.85	2.37	2.39	0.89	1.68
EPS Growth	22.17%	20.25%	-0.84%	168.54%	-47.02%	5.66%
Free Cash Flow	763.4	375.4	464	1,880	1,680	1,331
Free Cash Flow Per Share	2.02	0.98	1.19	4.78	4.31	3.45
Dividend Per Share	1.260	1.240	1.160	1.080	1.020	0.940
Dividend Growth	6.78%	6.90%	7.41%	5.88%	8.51%	11.90%
Gross Margin	16.87%	16.66%	16.88%	18.09%	14.92%	14.60%
Operating Margin	13.61%	13.62%	12.64%	14.02%	6.49%	10.62%
Profit Margin	9.97%	10.09%	8.58%	9.30%	3.87%	6.42%
Free Cash Flow Margin	7.03%	3.45%	4.25%	18.36%	18.54%	13.02%
Effective Tax Rate	21.96%	20.96%	25.34%	20.90%	2.23%	23.79%
EBITDA	1,897	1,880	1,698	1,659	841.9	1,339
EBITDA Margin	17.46%	17.26%	15.54%	16.20%	9.29%	13.10%
Depreciation & Amortization	263	264.3	274	283.8	290.6	278.5
EBIT	1,634	1,615	1,424	1,375	551.3	1,060
EBIT Margin	15.04%	14.83%	13.03%	13.43%	6.08%	10.37%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).