Interpublic Group of Companies Inc (IPG)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,482,600 | 1,320,400 | 1,285,400 | 1,323,800 | 1,381,200 | 1,393,900 | 1,403,600 | 1,438,900 | 1,436,200 | 1,202,300 | 1,099,400 | 755,500 | 588,400 | 856,300 | 888,000 | 1,111,700 | 1,086,000 | 1,053,800 | 1,035,200 | 1,020,200 |
| 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 |
| Operating profit margin | 13.62% | 12.17% | 11.89% | 12.17% | 12.64% | 12.82% | 13.02% | 13.64% | 14.02% | 12.20% | 11.64% | 8.43% | 6.49% | 9.10% | 9.13% | 10.88% | 10.62% | 10.36% | 10.32% | 10.30% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,482,600K ÷ $10,889,300K
= 13.62%
Interpublic Group Of Cos., Inc.'s operating profit margin has shown some variability over the past eight quarters. The company's operating profit margin ranged from 12.78% to 13.79% during this period. Overall, the operating profit margin seems to have been relatively stable, with only moderate fluctuations.
In Q4 2023, the operating profit margin was 13.62%, which was slightly higher than the margins in Q3 2023 and Q1 2023. This suggests that the company was able to improve its profitability in the last quarter of 2023 compared to the previous two quarters.
Although the operating profit margin in Q2 2023 was slightly lower at 12.78%, it remained within a close range to the other quarters. Similarly, in Q3 2022, the operating profit margin was 12.94%, also falling within the same range as the other quarters.
The highest operating profit margin was recorded in Q1 2022 at 13.79%, indicating a peak in profitability during that period. On the other hand, the lowest margin was in Q2 2022 at 12.78%, although it was still relatively close to the other margins observed throughout the quarters.
In conclusion, while there have been some fluctuations in Interpublic Group Of Cos., Inc.'s operating profit margin over the past eight quarters, the margins have generally maintained a consistent range around 12.78% to 13.79%. It appears that the company has been able to manage its operational efficiency reasonably well during this period.
Peer comparison
Dec 31, 2023