Interpublic Group of Companies Inc (IPG)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 10,691,700 | 10,889,300 | 10,927,800 | 10,240,700 | 9,061,000 |
| Property, plant and equipment | US$ in thousands | — | — | 637,400 | 675,800 | 690,300 |
| Fixed asset turnover | — | — | 17.14 | 15.15 | 13.13 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $10,691,700K ÷ $—K
= —
Interpublic Group of Companies Inc's fixed asset turnover has shown a consistent upward trend from 13.13 in 2020 to 17.14 in 2022. This indicates that the company is generating a higher level of revenue per dollar invested in fixed assets, reflecting increased efficiency in asset utilization over the years. However, the ratios for 2023 and 2024 are not available, limiting the ability to assess the trend further. Overall, the improving fixed asset turnover suggests that Interpublic Group of Companies Inc is effectively leveraging its fixed assets to generate revenue.
Peer comparison
Dec 31, 2024
Company name
Symbol
Fixed asset turnover
Interpublic Group of Companies Inc
IPG
—
Omnicom Group Inc
OMC
19.02