Interpublic Group of Companies Inc (IPG)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 19,267,300 | 17,027,300 | 17,110,000 | 16,664,100 | 18,811,700 | 16,875,200 | 17,249,200 | 17,880,900 | 19,909,200 | 17,805,300 | 17,321,700 | 16,349,700 | 18,042,700 | 16,074,700 | 14,896,900 | 16,428,900 | 17,751,900 | 15,997,600 | 16,526,900 | 16,050,000 |
| Operating ROA | 7.69% | 7.75% | 7.51% | 7.94% | 7.34% | 8.26% | 8.14% | 8.05% | 7.21% | 6.75% | 6.35% | 4.62% | 3.26% | 5.33% | 5.96% | 6.77% | 6.12% | 6.59% | 6.26% | 6.36% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,482,600K ÷ $19,267,300K
= 7.69%
Interpublic Group Of Cos., Inc.'s operating return on assets (operating ROA) has shown consistency in generating returns from its operating activities over the past eight quarters. The operating ROA ranged from 7.70% to 8.53% during this period, indicating the company's ability to generate profits from its core operations relative to its total assets.
The average operating ROA over the eight quarters is approximately 8.11%. This signifies that, on average, Interpublic is generating about 8.11 cents of operating income for every dollar of assets employed in its operations.
The consistent operating ROA levels suggest that Interpublic Group Of Cos., Inc. has been effectively utilizing its assets to generate operating profits. It indicates the company's operational efficiency and profitability in utilizing its resources to generate earnings. However, it would be beneficial to compare these ratios with industry benchmarks to assess the company's performance relative to its peers and identify areas for potential improvement.
Peer comparison
Dec 31, 2023