Interpublic Group of Companies Inc (IPG)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 3,942,600 | 3,680,200 | 3,686,300 | 3,559,300 | 3,614,600 | 3,404,600 | 3,436,700 | 3,487,000 | 3,526,000 | 3,171,400 | 3,062,900 | 2,874,000 | 2,895,000 | 2,722,600 | 2,450,400 | 2,532,500 | 2,775,900 | 2,469,000 | 2,423,900 | 2,315,300 |
| ROE | 27.86% | 25.34% | 25.51% | 25.42% | 25.95% | 29.33% | 28.71% | 29.27% | 27.02% | 22.30% | 24.39% | 15.24% | 12.13% | 20.85% | 18.51% | 26.40% | 23.63% | 26.46% | 26.76% | 26.99% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,098,400K ÷ $3,942,600K
= 27.86%
Interpublic Group Of Cos., Inc.'s return on equity (ROE) has shown relatively stable performance over the past eight quarters, ranging between 25.34% and 29.33%. The ROE for Q4 2023 was 27.86%, marking a slight increase compared to the previous quarter. This indicates that the company generated $0.2786 in net income for every dollar of equity during that quarter. Overall, the company has been able to maintain a healthy level of profitability relative to its equity base, showcasing efficient utilization of shareholder funds to generate profits. Further analysis may be necessary to understand the specific factors contributing to these consistent ROE levels and to assess the sustainability of this performance over time.
Peer comparison
Dec 31, 2023