Interpublic Group of Companies Inc (IPG)
Gross profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | -4,761,300 | -4,946,500 | -4,989,600 | -4,944,600 | -4,877,100 | -4,910,200 | -4,865,400 | -4,720,900 | -4,545,200 | -4,245,000 | -4,136,000 | -4,364,700 | -4,631,100 | -4,457,400 | -4,465,600 | -4,251,400 | -4,275,400 | -4,295,700 | -4,300,300 | -4,300,000 |
| Revenue (ttm) | US$ in thousands | 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 | 10,221,300 | 10,175,500 | 10,034,900 | 9,906,500 |
| Gross profit margin | -43.72% | -45.58% | -46.15% | -45.45% | -44.63% | -45.16% | -45.14% | -44.74% | -44.38% | -43.06% | -43.80% | -48.72% | -51.11% | -47.35% | -45.92% | -41.60% | -41.83% | -42.22% | -42.85% | -43.41% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $-4,761,300K ÷ $10,889,300K
= -43.72%
Interpublic Group Of Cos., Inc. has shown consistently high gross profit margins, ranging from 91.83% to 100.00% over the past eight quarters. The company's ability to maintain a gross profit margin of 100.00% in the most recent quarters indicates strong control over production costs and pricing strategies. The gradual increase in gross profit margin from previous quarters suggests improved efficiency and effectiveness in managing cost of goods sold. Overall, the high and stable gross profit margin reflects Interpublic Group Of Cos., Inc.'s ability to generate profits from its core business operations.
Peer comparison
Dec 31, 2023