Interpublic Group of Companies Inc (IPG)
Return on assets (ROA)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 689,500 | 808,200 | 1,031,800 | 1,082,800 | 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 |
Total assets | US$ in thousands | 18,325,800 | 17,083,200 | 17,011,800 | 17,286,100 | 19,267,300 | 17,027,300 | 17,110,000 | 16,664,100 | 18,845,000 | 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 |
ROA | 3.76% | 4.73% | 6.07% | 6.26% | 5.70% | 5.48% | 5.50% | 5.43% | 4.98% | 5.92% | 5.72% | 5.71% | 4.79% | 3.97% | 4.31% | 2.68% | 1.95% | 3.53% | 3.04% | 4.07% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $689,500K ÷ $18,325,800K
= 3.76%
Interpublic Group of Companies Inc's return on assets (ROA) has displayed fluctuations over the periods under consideration. ROA, which measures the company's ability to generate profits from its assets, stood at 4.07% as of March 31, 2020. It then experienced a decrease to 1.95% by the end of December 31, 2020 before showing an upward trend. The ROA improved to 5.72% by June 30, 2022, indicating a more efficient utilization of assets to generate earnings.
However, there was a slight decline in ROA to 4.98% as of December 31, 2022, followed by subsequent fluctuations in the range of 5-6%. The highest ROA was recorded at 6.26% as of March 31, 2024.
Overall, the trend in ROA suggests that Interpublic Group of Companies Inc has been effective in generating returns from its assets, with some periods showing better performance than others. The company's ability to maintain ROA at around 5% indicates a relatively stable and profitable asset management strategy.
Peer comparison
Dec 31, 2024