Interpublic Group of Companies Inc (IPG)
Fixed asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 10,691,700 | 10,858,000 | 10,907,700 | 10,864,200 | 10,889,300 | 10,851,900 | 10,811,100 | 10,880,300 | 10,927,800 | 10,874,000 | 10,778,300 | 10,552,200 | 10,240,700 | 9,858,600 | 9,442,100 | 8,958,200 | 9,061,000 | 9,412,800 | 9,725,400 | 10,219,900 |
| Property, plant and equipment | US$ in thousands | — | — | — | — | — | 1,809,700 | 629,600 | 630,500 | 637,400 | 632,900 | 641,600 | 654,900 | 675,800 | 2,182,800 | 1,994,500 | 667,000 | 690,300 | 709,800 | 717,800 | 752,800 |
| Fixed asset turnover | — | — | — | — | — | 6.00 | 17.17 | 17.26 | 17.14 | 17.18 | 16.80 | 16.11 | 15.15 | 4.52 | 4.73 | 13.43 | 13.13 | 13.26 | 13.55 | 13.58 |
December 31, 2024 calculation
Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $10,691,700K ÷ $—K
= —
Interpublic Group of Companies Inc's fixed asset turnover ratio has shown fluctuations over the years. The ratio was consistently above 13 from March 31, 2020, to June 30, 2022, indicating that the company generated $13 or more in revenue for every $1 invested in fixed assets.
However, there was a significant drop in the fixed asset turnover ratio in the following quarters, reaching as low as 4.52 on September 30, 2021, and then recovering to 15.15 by December 31, 2021. This spike in the ratio suggests a substantial increase in revenue relative to fixed assets during that period.
From March 31, 2022, to September 30, 2023, the fixed asset turnover ratio steadily increased, reaching its peak at 17.26 on March 31, 2023. This upward trend indicates that the company was utilizing its fixed assets more efficiently to generate revenue during this period.
The ratio then experienced a sharp decline to 6.00 on September 30, 2023, before data became unavailable for the subsequent periods.
Overall, Interpublic Group of Companies Inc's fixed asset turnover ratio fluctuated, but the general trend showed an improvement in the efficiency of utilizing fixed assets to generate revenue over the analyzed period.
Peer comparison
Dec 31, 2024