Interpublic Group of Companies Inc (IPG)
Gross profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,689,500 | 1,651,600 | 1,659,100 | 1,702,400 | 1,748,900 | 1,766,100 | 1,728,500 | 1,774,600 | 1,844,700 | 1,774,300 | 1,802,400 | 1,850,600 | 1,852,900 | 1,848,400 | 1,775,600 | 1,522,200 | 1,351,600 | 1,359,400 | 1,341,700 | 1,468,800 |
| 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 |
| Gross profit margin | 15.80% | 15.21% | 15.21% | 15.67% | 16.06% | 16.27% | 15.99% | 16.31% | 16.88% | 16.32% | 16.72% | 17.54% | 18.09% | 18.75% | 18.81% | 16.99% | 14.92% | 14.44% | 13.80% | 14.37% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,689,500K ÷ $10,691,700K
= 15.80%
Interpublic Group of Companies Inc's gross profit margin has shown some fluctuation over the period from March 31, 2020, to December 31, 2024. The gross profit margin started at 14.37% as of March 31, 2020, experienced a slight decline to 13.80% by June 30, 2020. However, it gradually improved and reached its peak at 18.81% by June 30, 2021, indicating a significant increase in profitability.
Subsequently, the gross profit margin declined slightly to 16.72% by June 30, 2022, and continued to fluctuate around the 16% mark until December 31, 2024, where it was at 15.80%. This indicates a period of relative stability after the initial increase in profitability.
Overall, the gross profit margin performance of Interpublic Group of Companies Inc demonstrates some volatility but generally shows a positive trend in the earlier years followed by a period of stabilization. It may be important for the company to focus on maintaining or improving its gross profit margin to ensure sustainable profitability in the future.
Peer comparison
Dec 31, 2024