Interpublic Group of Companies Inc (IPG)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,098,400 | 932,400 | 940,500 | 904,600 | 938,000 | 998,700 | 986,800 | 1,020,500 | 952,800 | 707,200 | 747,000 | 438,100 | 351,100 | 567,700 | 453,600 | 668,700 | 656,000 | 653,300 | 648,700 | 625,000 |
| 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 |
| ROA | 5.70% | 5.48% | 5.50% | 5.43% | 4.99% | 5.92% | 5.72% | 5.71% | 4.79% | 3.97% | 4.31% | 2.68% | 1.95% | 3.53% | 3.04% | 4.07% | 3.70% | 4.08% | 3.93% | 3.89% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,098,400K ÷ $19,267,300K
= 5.70%
Interpublic Group Of Cos., Inc. has shown a relatively stable ROA performance over the past eight quarters, with the ROA ranging from 4.98% to 5.92%. The company's ROA for the most recent quarter, Q4 2023, was 5.70%, indicating that the company generated a return of 5.70 cents for every dollar of assets it holds. This suggests that Interpublic Group Of Cos., Inc. is effectively utilizing its assets to generate profits. Despite minor fluctuations, the company has maintained a consistent ROA above 5% for the past two years, reflecting a solid performance in asset management efficiency. It is essential for the company to sustain this level of ROA to ensure continued profitability and value creation for its stakeholders.
Peer comparison
Dec 31, 2023