Market Summary
USD35.24+0.76
Delayedas of 23 Mar 2023, 12:50 pm2.20%
IPG Alerts
IPG Stock Price
IPG RSI Chart
IPG Valuation
IPG Price/Sales (Trailing)
IPG Profitability
IPG Fundamentals
IPG Revenue
IPG Earnings
Price Action
52 Week Range
25.1439.52
(Low)(High)
Last 7 days
-4.9%
Last 30 days
-11.5%
Last 90 days
1.8%
Trailing 12 Months
-3.8%
IPG Financial Health
IPG Investor Care
Peers (Alternatives to Interpublic Group of Companies)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
CHTR | 54.7B | 54.0B | -14.54% | -39.92% | 10.83 | 1.01 | 4.53% | 8.62% |
OMC | 17.7B | 14.3B | -7.86% | 7.17% | 13.44 | 1.24 | 0.00% | -6.49% |
SIRI | 14.0B | 9.0B | -22.72% | -41.04% | 11.58 | 1.56 | 3.53% | -7.69% |
IPG | 13.2B | 10.9B | -11.51% | -3.78% | 14.03 | 1.2 | 6.71% | -1.55% |
| MID-CAP | ||||||||
NXST | 6.3B | 5.2B | -5.92% | -2.26% | 6.48 | 1.21 | 12.10% | 16.37% |
DISH | 5.1B | 16.7B | -29.07% | -66.45% | 2.13 | 0.3 | -6.72% | -3.38% |
| SMALL-CAP | ||||||||
CRTO | 1.9B | 2.0B | -12.94% | 12.52% | 215.14 | 0.95 | -10.52% | -93.34% |
TTGT | 1.0B | 297.5M | -13.39% | -53.00% | 24.18 | 3.38 | 12.93% | 4284.51% |
CCO | 738.0M | 2.5B | -36.21% | -68.82% | -5.57 | 0.29 | 10.71% | 77.73% |
IHRT | 706.1M | 3.9B | -36.10% | -75.26% | -2.67 | 0.18 | 9.95% | -66.25% |
CDLX | 111.0M | 298.5M | -46.78% | -92.33% | -0.24 | 0.37 | 11.76% | -261.89% |
ISIG | 15.5M | 18.8M | -6.74% | -1.49% | 1.54 | 0.82 | -3.60% | 384.27% |
CNET | 12.4M | 34.3M | -6.17% | 138.36% | -1.93 | 0.36 | -25.69% | -194.15% |
NCMI | 11.6M | - | -34.62% | -93.15% | -0.44 | 0.19 | 382.24% | 71.68% |
Financials for Interpublic Group of Companies
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 0.5% | 10,928 | 10,874 | 10,778 | 10,552 | 10,241 |
| Operating Expenses | 0.7% | 9,547 | 9,480 | 9,375 | 9,113 | 8,805 |
| S&GA Expenses | -2.9% | 87.00 | 90.00 | 103 | 113 | 122 |
| EBITDA | -0.7% | 1,718 | 1,730 | 1,717 | 1,761 | - |
| EBITDA Margin | -1.2% | 0.16* | 0.16* | 0.16* | 0.17* | - |
| Earnings Before Taxes | -1.6% | 1,269 | 1,289 | 1,276 | 1,316 | 1,222 |
| EBT Margin | -2.1% | 0.12* | 0.12* | 0.12* | 0.12* | - |
| Interest Expenses | 7.0% | 175 | 163 | 161 | 163 | 173 |
| Net Income | -6.1% | 938 | 999 | 987 | 1,021 | 953 |
| Net Income Margin | -6.5% | 0.09* | 0.09* | 0.09* | 0.10* | - |
| Free Cahsflow | -30.3% | 431 | 618 | 927 | 1,494 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 11.7% | 18,845 | 16,875 | 17,249 | 17,881 | 19,909 |
| Current Assets | 21.0% | 10,325 | 8,535 | 8,761 | 9,270 | 11,232 |
| Cash Equivalents | 43.9% | 2,545 | 1,768 | 1,983 | 2,402 | 3,270 |
| Net PPE | 0.7% | 637 | 633 | 642 | 655 | 676 |
| Goodwill | 5.1% | 5,051 | 4,803 | 4,855 | 4,899 | 4,909 |
| Liabilities | 12.6% | 15,101 | 13,409 | 13,751 | 14,324 | 16,304 |
| Current Liabilities | 22.2% | 9,983 | 8,169 | 8,463 | 8,954 | 10,890 |
| . Short Term Borrowings | -20.6% | 44.00 | 56.00 | 46.00 | 59.00 | 48.00 |
| Long Term Debt | -7.8% | 2,486 | 2,696 | 3,009 | 3,337 | - |
| LT Debt, Current | 0% | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| LT Debt, Non Current | -1.1% | 2,871 | 2,903 | 2,906 | 2,908 | 2,909 |
| Shareholder's Equity | 7.1% | 3,648 | 3,405 | 3,489 | 3,549 | 3,526 |
| Retained Earnings | 5.3% | 3,632 | 3,450 | 3,312 | 3,197 | 3,154 |
| Additional Paid-In Capital | -14.7% | 1,058 | 1,239 | 1,222 | 1,206 | 1,227 |
| Accumulated Depreciation | 0.1% | 1,245 | 1,243 | -1,240 | -1,228 | 1,202 |
| Shares Outstanding | -1.0% | 387 | 391 | 393 | 395 | 394 |
| Minority Interest | 10.7% | 58.00 | 53.00 | 52.00 | 62.00 | 63.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -24.7% | 609 | 808 | 1,133 | 1,692 | 2,076 |
| Share Based Compensation | -0.4% | 50.00 | 50.00 | 53.00 | 62.00 | 70.00 |
| Cashflow From Investing | -119.0% | -430 | -196 | -232 | -214 | -185 |
| Cashflow From Financing | 29.1% | -899 | -1,269 | -1,212 | -1,081 | -1,084 |
| Dividend Payments | 1.3% | 457 | 451 | 445 | 437 | 428 |
| Buy Backs | -44.4% | -320 | -221 | -147 | -63.10 | 0.00 |
Risks for IPG
What is the probability of a big loss on IPG?
41.1%
Probability that Interpublic Group of Companies stock will be more than 20% underwater in next one year
27.7%
Probability that Interpublic Group of Companies stock will be more than 30% underwater in next one year.
18.9%
Probability that Interpublic Group of Companies stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does IPG drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Interpublic Group of Companies was unfortunately bought at previous high price.
Drawdowns
Returns for IPG
Cumulative Returns on IPG
12.9%
10-Year Cumulative Returns
10.1%
7-Year Cumulative Returns
10.9%
5-Year Cumulative Returns
28.6%
3-Year Cumulative Returns
What are the long-term rolling returns for IPG?
FIve years rolling returns for Interpublic Group of Companies.
Annualized Returns
Which funds bought or sold IPG recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -6.91 | 11,772,400 | 67,503,400 | 0.07% |
2023-03-07 | Great Lakes Retirement, Inc. | new | - | 264,340 | 264,340 | 0.07% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 22.2 | 21,000 | 56,000 | -% |
2023-03-02 | OLIVER LAGORE VANVALIN INVESTMENT GROUP | sold off | -100 | -1,000 | - | -% |
2023-02-28 | Voya Investment Management LLC | reduced | -5.13 | 933,824 | 4,914,820 | 0.01% |
2023-02-24 | National Pension Service | added | 325 | 25,330,700 | 30,929,700 | 0.06% |
2023-02-24 | NATIXIS | sold off | -100 | -616,000 | - | -% |
2023-02-23 | Callan Family Office, LLC | new | - | 267,279 | 267,279 | 0.09% |
2023-02-22 | CVA Family Office, LLC | new | - | 9,160 | 9,160 | -% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | unchanged | - | 277,000 | 1,195,000 | 0.01% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
IPG Alerts
Interpublic Group of Companies News
Schedule 13G FIlings of Interpublic Group of Companies
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 12.13% | 47,122,596 | SC 13G/A | |
| Feb 06, 2023 | state street corp | 5.44% | 21,119,074 | SC 13G/A | |
| Jan 26, 2023 | blackrock inc. | 10.4% | 40,432,059 | SC 13G/A | |
| Jan 20, 2023 | blackrock inc. | 10.4% | 40,432,059 | SC 13G/A | |
| Feb 11, 2022 | state street corp | 5.55% | 21,854,725 | SC 13G/A | |
| Feb 10, 2022 | vanguard group inc | 11.84% | 46,632,558 | SC 13G/A | |
| Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
| Jan 27, 2022 | blackrock inc. | 10.3% | 40,390,818 | SC 13G/A | |
| Jan 25, 2022 | blackrock inc. | 10.3% | 40,390,818 | SC 13G/A |
IPG Fair Value
Interpublic Group of Companies fair value in different scenarios
The table shows the Fair Value estimates for Interpublic Group of Companies for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 19.87 -43.62% | 24.59 -30.22% | 38.34 8.80% | 51.55 46.28% | 64.34 82.58% |
| Current Inflation | 18.52 -47.45% | 22.63 -35.78% | 34.23 -2.87% | 45.35 28.69% | 56.07 59.11% |
| Very High Inflation | 16.83 -52.24% | 20.22 -42.62% | 29.36 -16.69% | 38.13 8.20% | 46.54 32.07% |
Historical Interpublic Group of Companies Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Interpublic Group of Companies
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Feb 21, 2023 | 10-K | Annual Report | |
| Feb 14, 2023 | 8-K | Current Report | |
| Feb 09, 2023 | SC 13G/A | Major Ownership Report | |
| Feb 09, 2023 | SC 13G/A | Major Ownership Report |
Latest Insider Trading transactions for IPG
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-02 | Carter-Miller Jocelyn | sold | -228,088 | 35.5 | -6,425 | - |
2023-03-01 | CARROLL CHRISTOPHER F | sold | -586,659 | 35.54 | -16,507 | svp, controller & cao |
2023-03-01 | Bonzani Andrew | sold | -1,384,690 | 35.61 | -38,885 | evp & general counsel |
2023-03-01 | KRAKOWSKY PHILIPPE | sold | -2,529,020 | 35.61 | -71,020 | ceo |
2023-03-01 | Johnson Ellen Tobi | sold | -1,082,340 | 35.56 | -30,437 | cfo |
2023-02-28 | CARROLL CHRISTOPHER F | acquired | 865,133 | 35.68 | 24,247 | svp, controller & cao |
2023-02-28 | Johnson Ellen Tobi | sold (taxes) | -1,343,530 | 35.68 | -37,655 | cfo |
2023-02-28 | Bonzani Andrew | acquired | 2,644,100 | 35.68 | 74,106 | evp & general counsel |
2023-02-28 | CARROLL CHRISTOPHER F | sold (taxes) | -332,359 | 35.68 | -9,315 | svp, controller & cao |
2023-02-28 | Johnson Ellen Tobi | acquired | 2,747,360 | 35.68 | 77,000 | cfo |
The Interpublic Group of Companies, Inc. provides advertising and marketing services worldwide. It operates in two segments, Integrated Agency Networks (IAN) and IPG DXTRA. The company offers consumer advertising, digital marketing, communications planning and media buying, public relations, and specialized communications disciplines, as well as data science services. It also provides various diversified services, including meeting and event production, sports and entertainment marketing, corporate and brand identity, and strategic marketing consulting. The company was formerly known as McCann-Erickson Incorporated and changed its name to The Interpublic Group of Companies, Inc. in January 1961. The Interpublic Group of Companies, Inc. was founded in 1902 and is headquartered in New York, New York.
IPG Income Statement
2022-12-31Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Income Statement [Abstract] | |||
| Net revenue | $ 9,449.4 | $ 9,107.9 | $ 8,064.5 |
| Billable expenses | 1,478.4 | 1,132.8 | 996.5 |
| Total revenue | 10,927.8 | 10,240.7 | 9,061.0 |
| OPERATING EXPENSES: | |||
| Salaries and related expenses | 6,258.3 | 5,975.4 | 5,345.0 |
| Office and other direct expenses | 1,346.4 | 1,279.6 | 1,367.9 |
| Billable expense | 1,478.4 | 1,132.8 | 996.5 |
| Cost of services | 9,083.1 | 8,387.8 | 7,709.4 |
| Selling, General and Administrative Expense | 87.1 | 122.3 | 58.8 |
| Depreciation and amortization | 274.0 | 283.8 | 290.6 |
| Restructuring Charges | 102.4 | 10.6 | 413.8 |
| Total operating expenses | 9,546.6 | 8,804.5 | 8,472.6 |
| OPERATING INCOME | 1,381.2 | 1,436.2 | 588.4 |
| EXPENSES AND OTHER INCOME: | |||
| Interest expense | (174.7) | (173.1) | (192.2) |
| Interest income | 63.4 | 29.7 | 29.5 |
| Other expense, net | (1.0) | (70.7) | (64.4) |
| Total (expenses) and other income | (112.3) | (214.1) | (227.1) |
| Income before income taxes | 1,268.9 | 1,222.1 | 361.3 |
| Provision for income taxes | 318.4 | 251.8 | 8.0 |
| Income of consolidated companies | 950.5 | 970.3 | 353.3 |
| Equity in net income of unconsolidated affiliates | 5.6 | 2.5 | 0.9 |
| NET INCOME | 956.1 | 972.8 | 354.2 |
| Net Income Attributable to Nonredeemable Noncontrolling Interest | (18.1) | (20.0) | (3.1) |
| Net Income Attributable to Parent | $ 938.0 | $ 952.8 | $ 351.1 |
| Earnings per share available to IPG common stockholders: | |||
| Earnings per share, Basic | $ 2.40 | $ 2.42 | $ 0.90 |
| Earnings per share, Diluted | $ 2.37 | $ 2.39 | $ 0.89 |
| Weighted-average number of common shares outstanding: | |||
| Weighted-average number of common shares outstanding, Basic | 391.5 | 393.0 | 389.4 |
| Weighted-average number of common shares outstanding, Diluted | 395.1 | 398.4 | 393.2 |
IPG Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| ASSETS: | ||
| Cash and cash equivalents | $ 2,545.3 | $ 3,270.0 |
| Accounts receivable, net of allowance of $68.5 and $98.3, respectively | 5,316.0 | 5,177.7 |
| Accounts receivable, billable to clients | 2,023.0 | 2,347.2 |
| Assets held for sale | 5.9 | 8.2 |
| Other current assets | 435.0 | 428.7 |
| Total current assets | 10,325.2 | 11,231.8 |
| Property and equipment, net of accumulated depreciation of $1,201.6 and $1,133.9 respectively | 637.4 | 675.8 |
| Deferred income taxes | 271.7 | 301.4 |
| Goodwill | 5,050.6 | 4,908.7 |
| Other intangible assets | 818.1 | 847.5 |
| Operating Lease, Right-of-Use Asset | 1,277.5 | 1,544.4 |
| Other non-current assets | 464.5 | 399.6 |
| TOTAL ASSETS | 18,845.0 | 19,909.2 |
| LIABILITIES: | ||
| Accounts payable | 8,235.3 | 8,960.0 |
| Accrued liabilities | 787.1 | 918.1 |
| Contract liabilities | 680.0 | 688.5 |
| Short-term borrowings | 44.3 | 47.5 |
| Current portion of long-term debt | 0.6 | 0.7 |
| Operating Lease, Liability, Current | 235.9 | 265.8 |
| Liabilities held for sale | 0.0 | 9.4 |
| Total current liabilities | 9,983.2 | 10,890.0 |
| Long-term debt | 2,870.7 | 2,908.6 |
| Operating Lease, Liability, Noncurrent | 1,380.1 | 1,576.0 |
| Deferred compensation | 294.1 | 329.1 |
| Other non-current liabilities | 572.6 | 600.7 |
| TOTAL LIABILITIES | 15,100.7 | 16,304.4 |
| Redeemable noncontrolling interests | 38.3 | 15.6 |
| STOCKHOLDERS' EQUITY: | ||
| Common stock, $0.10 par value, shares authorized: 800.0 shares issued: 2021 - 394.3; 2020 - 390.9 shares outstanding: 2021 - 394.3; 2020 - 390.9 | 38.9 | 39.3 |
| Additional paid-in capital | 1,057.5 | 1,226.6 |
| Retained earnings | 3,632.1 | 3,154.3 |
| Accumulated other comprehensive loss, net of tax | (960.4) | (894.2) |
| Stockholders' Equity before Treasury Stock | 3,768.1 | 3,526.0 |
| Treasury Stock, Value | 120.2 | 0.0 |
| Total IPG stockholders' equity | 3,647.9 | 3,526.0 |
| Noncontrolling interests | 58.1 | 63.2 |
| TOTAL STOCKHOLDERS' EQUITY | 3,706.0 | 3,589.2 |
| TOTAL LIABILITIES AND EQUITY | $ 18,845.0 | $ 19,909.2 |