Omnicom Group Inc (OMC)
Debt-to-equity ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 5,639,600 | 5,572,100 | 5,613,700 | 5,609,400 | 5,577,200 | 5,450,600 | 5,548,500 | 5,646,400 | 5,685,700 | 5,217,700 | 5,300,700 | 5,754,400 | 5,807,300 | 5,761,500 | 5,714,100 | 5,093,400 | 5,134,300 | 5,294,600 | 5,031,300 | 4,948,600 |
| Total stockholders’ equity | US$ in thousands | 3,616,300 | 3,228,800 | 3,153,500 | 3,116,600 | 3,252,100 | 2,746,700 | 2,833,200 | 2,999,700 | 3,270,200 | 3,279,000 | 3,348,800 | 3,211,200 | 3,084,400 | 2,638,800 | 2,413,000 | 2,447,600 | 2,853,900 | 2,464,100 | 2,410,200 | 2,413,300 |
| Debt-to-equity ratio | 1.56 | 1.73 | 1.78 | 1.80 | 1.71 | 1.98 | 1.96 | 1.88 | 1.74 | 1.59 | 1.58 | 1.79 | 1.88 | 2.18 | 2.37 | 2.08 | 1.80 | 2.15 | 2.09 | 2.05 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $5,639,600K ÷ $3,616,300K
= 1.56
Omnicom Group, Inc.'s debt-to-equity ratio has shown fluctuations over the past eight quarters, ranging from a low of 1.56 in Q4 2023 to a high of 1.99 in Q3 2022. The trend indicates that the company has been relying more on debt financing relative to equity during this period. This could imply higher financial leverage and increased risk, as a higher debt-to-equity ratio suggests a higher proportion of debt in the company's capital structure compared to equity. It's worth noting that a ratio above 1 indicates that the company has more debt than equity in its financing mix across the periods analyzed. Investors and stakeholders may closely monitor this ratio as it can provide insights into Omnicom Group's financial health, risk profile, and capital structure decisions.
Peer comparison
Dec 31, 2023