Market Summary
USD29.31-0.51
Market Closed-1.71%
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
25.1440.95
(Low)(High)
Last 7 days
-5.6%
Last 30 days
-9.1%
Last 90 days
-23.8%
Trailing 12 Months
10.3%
IPG Financial Health
IPG Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for IPG
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-01 | Benitez Jorge L. | acquired | 149,981 | 32.64 | 4,595 | - |
2023-05-01 | WYATT E LEE | acquired | 225,024 | 36.05 | 6,242 | - |
2023-05-01 | GUILFOILE MARY | acquired | 225,024 | 36.05 | 6,242 | - |
2023-05-01 | THOMAS DAVID M | acquired | 300,008 | 36.05 | 8,322 | - |
2023-05-01 | SANFORD LINDA S | acquired | 225,024 | 36.05 | 6,242 | - |
2023-05-01 | Carter-Miller Jocelyn | acquired | 225,024 | 36.05 | 6,242 | - |
2023-05-01 | Moore Patrick Q | acquired | 225,024 | 36.05 | 6,242 | - |
2023-05-01 | MILLER JON | acquired | 225,024 | 36.05 | 6,242 | - |
2023-05-01 | HUDSON DAWN E | acquired | 225,024 | 36.05 | 6,242 | - |
2023-03-15 | HUDSON DAWN E | sold | -197,242 | 33.15 | -5,950 | - |
Which funds bought or sold IPG recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-14 | Proquility Private Wealth Partners, LLC | new | - | 1,772,640 | 1,772,640 | 0.69% |
2023-09-12 | Farther Finance Advisors, LLC | added | 4.85 | 1,721 | 21,682 | -% |
2023-09-08 | TUCKER ASSET MANAGEMENT LLC | unchanged | - | 59.00 | 1,698 | -% |
2023-09-07 | JAG CAPITAL MANAGEMENT, LLC | sold off | -100 | -241,613 | - | -% |
2023-09-05 | Delos Wealth Advisors, LLC | unchanged | - | 61.00 | 1,737 | -% |
2023-08-30 | Western Wealth Management, LLC | added | 11.17 | 150,376 | 1,141,900 | 0.10% |
2023-08-25 | STRATEGY ASSET MANAGERS LLC | reduced | -13.46 | -26,364 | 228,432 | 0.05% |
2023-08-24 | ProVise Management Group, LLC | unchanged | - | 24,854 | 715,582 | 0.06% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | reduced | -49.59 | -3,433,520 | 3,752,720 | 0.04% |
2023-08-22 | COMERICA BANK | new | - | - | - | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
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 |
Recent SEC filings of Interpublic Group of Companies
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 05, 2023 | 4 | Insider Trading | |
| Sep 05, 2023 | 3 | Insider Trading | |
| Aug 28, 2023 | 8-K | Current Report | |
| Jul 26, 2023 | 10-Q | Quarterly Report | |
| Jul 25, 2023 | 8-K | Current Report | |
| Jul 21, 2023 | 8-K | Current Report |
IPG Fair Value
Loading...
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 | 67.1B | 54.5B | 8.09% | 26.57% | 14.01 | 1.23 | 2.60% | -15.83% |
SIRI | 15.8B | 9.0B | -3.98% | -28.94% | 13.65 | 1.76 | 0.44% | -8.55% |
OMC | 14.9B | 14.4B | -5.62% | 14.93% | 10.7 | 1.03 | 0.68% | 7.27% |
IPG | 11.3B | 10.8B | -9.14% | 10.31% | 12.02 | 1.05 | 0.30% | -4.69% |
| MID-CAP | ||||||||
NXST | 5.1B | 5.3B | -8.37% | -22.64% | 7.27 | 0.97 | 8.13% | -23.40% |
DISH | 3.4B | 16.0B | 0.32% | -60.34% | 1.85 | 0.21 | -8.20% | -13.13% |
| SMALL-CAP | ||||||||
CCO | - | 2.5B | 8.70% | -4.46% | - | - | -0.54% | 89.97% |
CRTO | 1.8B | 1.9B | -2.80% | 0.18% | 253.1 | 0.92 | -11.17% | -91.72% |
TTGT | 730.0M | 266.0M | -11.74% | -57.01% | 27.7 | 2.74 | -9.46% | 93.78% |
CDLX | 519.4M | 296.2M | 9.40% | 37.11% | -1.36 | 1.75 | -0.71% | -155.26% |
IHRT | 510.2M | 3.8B | -2.56% | -64.63% | -0.38 | 0.13 | 1.55% | -1758.48% |
NCMI | 79.4M | 726.4M | 8.57% | 399.12% | 0.16 | 0.11 | 266.50% | 1629.23% |
ISIG | 13.4M | 28.4M | -1.89% | -15.76% | 1.06 | 0.47 | 63.23% | 533.50% |
CNET | 6.7M | 27.8M | -16.22% | -3.20% | -0.68 | 0.24 | -28.74% | -345.41% |
Interpublic Group of Companies News
Returns for IPG
Cumulative Returns on IPG
8.6%
10-Year Cumulative Returns
7.2%
7-Year Cumulative Returns
8.1%
5-Year Cumulative Returns
22.6%
3-Year Cumulative Returns
Risks for IPG
What is the probability of a big loss on IPG?
40.4%
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
Financials for Interpublic Group of Companies
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | -0.6% | 10,811 | 10,880 | 10,928 | 10,874 | 10,778 | 10,552 | 10,241 | 9,859 | 9,442 | 8,958 | 9,061 | 9,413 | 9,725 | 10,220 | 10,221 | 10,176 | 10,035 | 9,907 | 9,714 | 9,448 | 9,359 |
| Costs and Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8,412 | 8,301 |
| Operating Expenses | -0.3% | 9,526 | 9,557 | 9,547 | 9,480 | 9,375 | 9,113 | 8,805 | 8,656 | 8,343 | 8,203 | 8,473 | 8,557 | 8,837 | 9,108 | 9,135 | 9,122 | 9,000 | 8,886 | 8,706 | 8,476 | 8,393 |
| S&GA Expenses | -6.8% | 75.00 | 81.00 | 87.00 | 90.00 | 103 | 113 | 122 | 112 | 90.00 | 65.00 | 59.00 | 61.00 | 61.00 | 75.00 | 94.00 | 150 | 162 | 173 | 167 | 135 | 127 |
| EBITDA | -100.0% | - | 1,689 | 1,718 | 1,730 | 1,717 | 1,761 | 1,679 | 1,427 | 1,311 | 942 | 844 | 1,091 | 1,128 | 1,372 | 1,356 | 1,470 | 1,365 | 1,258 | 1,164 | 1,149 | - |
| EBITDA Margin | -100.0% | - | 0.16* | 0.16* | 0.16* | 0.16* | 0.17* | 0.16* | 0.14* | 0.14* | 0.11* | 0.09* | 0.12* | 0.12* | 0.13* | 0.13* | 0.14* | 0.14* | 0.13* | 0.12* | 0.12* | - |
| Interest Expenses | 11.6% | 213 | 191 | 175 | 163 | 161 | 163 | 173 | 182 | 190 | 197 | 192 | 194 | 193 | 194 | 199 | 201 | 178 | 153 | 123 | 97.00 | 90.00 |
| Earnings Before Taxes | -3.0% | 1,189 | 1,225 | 1,269 | 1,289 | 1,276 | 1,316 | 1,222 | 962 | 837 | 458 | 361 | 616 | 656 | 897 | 878 | 854 | 846 | 841 | 838 | 838 | 842 |
| EBT Margin | -100.0% | - | 0.11* | 0.12* | 0.12* | 0.12* | 0.12* | 0.12* | 0.10* | 0.09* | 0.05* | 0.04* | 0.07* | 0.07* | 0.09* | 0.09* | 0.08* | 0.08* | 0.08* | 0.09* | 0.10* | - |
| Net Income | 4.0% | 941 | 905 | 938 | 999 | 987 | 1,021 | 953 | 712 | 752 | 443 | 356 | 581 | 470 | 688 | 674 | 352 | 347 | 322 | 316 | 564 | 573 |
| Net Income Margin | -100.0% | - | 0.08* | 0.09* | 0.09* | 0.09* | 0.10* | 0.09* | 0.07* | 0.08* | 0.05* | 0.04* | 0.06* | 0.05* | 0.07* | 0.07* | 0.07* | 0.07* | 0.06* | 0.07* | 0.06* | - |
| Free Cashflow | -100.0% | - | 515 | 431 | 618 | 927 | 1,494 | 1,880 | 1,952 | 2,272 | 1,723 | 1,680 | 1,254 | 776 | 1,135 | 1,331 | 1,110 | 1,126 | 1,014 | 388 | 541 | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 2.7% | 17,110 | 16,664 | 18,845 | 16,875 | 17,249 | 17,881 | 19,909 | 17,805 | 17,322 | 16,350 | 18,043 | 16,075 | 14,897 | 16,429 | 17,752 | 15,998 | 16,527 | 16,050 | 15,620 | 13,513 | 12,358 |
| Current Assets | 5.8% | 8,641 | 8,171 | 10,325 | 8,535 | 8,761 | 9,270 | 11,232 | 9,133 | 8,783 | 7,770 | 9,368 | 7,284 | 6,214 | 7,597 | 8,771 | 7,050 | 7,475 | 7,247 | 8,183 | 8,331 | 7,146 |
| Cash Equivalents | -3.0% | 1,628 | 1,678 | 2,545 | 1,768 | 1,986 | 2,405 | 3,272 | 2,497 | 2,344 | 2,019 | 2,512 | 1,630 | 1,087 | 1,556 | 1,196 | 524 | 617 | 633 | 677 | 13.00 | 496 |
| Net PPE | -0.1% | 630 | 631 | 637 | 633 | 642 | 655 | 676 | 666 | 658 | 667 | 690 | 710 | 718 | 753 | 778 | 758 | 767 | 767 | 791 | 160 | 602 |
| Goodwill | 0.3% | 5,078 | 5,061 | 5,051 | 4,803 | 4,855 | 4,899 | 5,051 | 4,914 | 4,944 | 4,934 | 4,946 | 4,875 | 4,842 | 4,827 | 4,894 | 4,847 | 4,884 | 4,885 | 4,876 | 1,111 | 3,788 |
| Liabilities | 2.4% | 13,319 | 13,006 | 15,101 | 13,409 | 13,751 | 14,324 | 16,304 | 14,511 | 14,138 | 13,343 | 15,006 | 13,161 | 12,251 | 13,699 | 14,762 | 13,309 | 13,880 | 13,534 | 13,020 | 11,183 | 10,100 |
| Current Liabilities | 5.0% | 8,355 | 7,960 | 9,983 | 8,169 | 8,463 | 8,954 | 10,890 | 9,049 | 8,797 | 7,985 | 9,581 | 7,228 | 6,367 | 7,796 | 9,420 | 7,398 | 7,731 | 7,531 | 8,124 | 6,692 | 7,585 |
| Short Term Borrowings | 9.0% | 30.00 | 28.00 | 44.00 | 56.00 | 46.00 | 59.00 | 48.00 | 44.00 | 57.00 | 43.00 | 48.00 | 46.00 | 52.00 | 310 | 52.00 | 245 | 207 | 272 | 74.00 | 83.00 | 758 |
| LT Debt, Current | 41616.7% | 250 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 500 | 503 | 503 | 503 | 507 | 503 | 503 | 502 | 3.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| LT Debt, Non Current | 1.5% | 2,915 | 2,872 | 2,871 | 2,903 | 2,906 | 2,908 | 2,909 | 2,908 | 2,908 | 2,907 | 2,916 | 3,411 | 3,412 | 3,411 | 2,772 | 3,367 | 3,564 | 3,664 | 3,660 | 3,261 | 1,283 |
| Shareholder's Equity | 1.8% | 3,686 | 3,620 | 3,648 | 3,405 | 3,489 | 3,549 | 3,589 | 3,221 | 3,111 | 2,922 | 2,944 | 2,761 | 2,491 | 2,575 | 2,826 | 2,503 | 2,458 | 2,355 | 2,433 | 2,170 | 2,092 |
| Retained Earnings | 4.0% | 3,783 | 3,638 | 3,632 | 3,450 | 3,312 | 3,197 | 3,154 | 2,909 | 2,778 | 2,623 | 2,637 | 2,623 | 2,444 | 2,591 | 2,690 | 2,456 | 2,382 | 2,303 | 2,400 | 2,158 | 2,077 |
| Additional Paid-In Capital | 1.8% | 1,035 | 1,017 | 1,058 | 1,239 | 1,222 | 1,206 | 1,227 | 1,152 | 1,132 | 1,108 | 1,099 | 1,028 | 996 | 981 | 977 | 941 | 921 | 903 | 896 | 1,042 | 1,023 |
| Accumulated Depreciation | -3.5% | 1,235 | 1,279 | 1,245 | 1,243 | -1,240 | -1,228 | 1,202 | 1,196 | 1,198 | 1,163 | 1,134 | 1,170 | 1,164 | - | 1,116 | 1,136 | 1,103 | 1,062 | 1,164 | 1,027 | 1,015 |
| Shares Outstanding | 0.0% | 386 | 386 | 387 | 391 | 393 | 395 | 394 | 394 | 393 | 392 | 391 | 390 | 389 | 388 | 387 | 387 | 386 | 385 | 384 | 383 | 384 |
| Minority Interest | -2.0% | 60.00 | 61.00 | 58.00 | 53.00 | 52.00 | 62.00 | 63.00 | 50.00 | 48.00 | 48.00 | 49.00 | 38.00 | 41.00 | 43.00 | 50.00 | 34.00 | 35.00 | 39.00 | 40.00 | 32.00 | 30.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 8.0% | 750 | 695 | 609 | 808 | 1,133 | 1,692 | 2,076 | 2,131 | 2,430 | 1,875 | 1,847 | 1,431 | 966 | 1,346 | 1,529 | 1,315 | 1,322 | 1,202 | 565 | 694 | 477 |
| Share Based Compensation | 0% | 49.00 | 49.00 | 50.00 | 50.00 | 53.00 | 62.00 | 70.00 | 69.00 | 73.00 | 64.00 | 67.00 | 78.00 | 72.00 | 75.00 | 80.00 | 81.00 | 80.00 | 80.00 | 82.00 | 82.00 | 82.00 |
| Cashflow From Investing | -13.8% | -496 | -436 | -430 | -196 | -232 | -214 | -185 | -198 | -166 | -155 | -216 | -173 | -177 | -191 | -161 | -2,495 | -2,511 | -2,499 | -2,491 | -172 | -157 |
| Cashflow From Financing | 35.6% | -620 | -963 | -899 | -1,269 | -1,212 | -1,081 | -1,084 | -1,076 | -1,038 | -1,303 | -346 | -135 | -273 | -185 | -843 | -142 | 1,321 | 1,382 | 1,853 | 659 | -464 |
| Dividend Payments | 1.2% | 468 | 462 | 457 | 451 | 445 | 437 | 428 | 421 | 414 | 407 | 398 | 390 | 381 | 373 | 363 | 353 | 342 | 332 | 322 | 311 | 300 |
| Buy Backs | 10.3% | -300 | -334 | -320 | -221 | -147 | -63.10 | - | - | - | - | - | - | - | - | - | - | 3.00 | 62.00 | 117 | 201 | 300 |
IPG Income Statement
2023-06-30Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| REVENUE: | ||||
| Net revenue | $ 2,328.5 | $ 2,375.5 | $ 4,505.4 | $ 4,602.7 |
| Billable expenses | 338.0 | 360.2 | 682.1 | 701.5 |
| Total revenue | 2,666.5 | 2,735.7 | 5,187.5 | 5,304.2 |
| OPERATING EXPENSES: | ||||
| Salaries and related expenses | 1,598.6 | 1,590.2 | 3,175.9 | 3,154.6 |
| Office and other direct expenses | 340.5 | 349.8 | 670.8 | 673.2 |
| Billable expenses | 338.0 | 360.2 | 682.1 | 701.5 |
| Cost of services | 2,277.1 | 2,300.2 | 4,528.8 | 4,529.3 |
| Selling, general and administrative expenses | 13.9 | 19.4 | 26.8 | 38.7 |
| Depreciation and amortization | 66.5 | 67.1 | 133.0 | 134.9 |
| Restructuring charges | (1.7) | (0.1) | (0.1) | 6.5 |
| Total operating expenses | 2,355.8 | 2,386.6 | 4,688.5 | 4,709.4 |
| OPERATING INCOME | 310.7 | 349.1 | 499.0 | 594.8 |
| EXPENSES AND OTHER INCOME: | ||||
| Interest expense | (63.2) | (41.0) | (119.0) | (80.4) |
| Interest income | 35.5 | 11.2 | 75.7 | 21.0 |
| Other Expense, Net | (4.4) | (4.5) | (11.1) | (10.7) |
| Total (expenses) and other income | (32.1) | (34.3) | (54.4) | (70.1) |
| Income before income taxes | 278.6 | 314.8 | 444.6 | 524.7 |
| Provision for income taxes | 10.6 | 83.7 | 44.4 | 132.8 |
| Income of consolidated companies | 268.0 | 231.1 | 400.2 | 391.9 |
| Equity in net income of unconsolidated affiliates | 0.7 | 0.7 | 0.6 | 0.8 |
| NET INCOME | 268.7 | 231.8 | 400.8 | 392.7 |
| Net income attributable to noncontrolling interests | (3.2) | (2.2) | (9.3) | (3.7) |
| NET INCOME AVAILABLE TO IPG COMMON STOCKHOLDERS | $ 265.5 | $ 229.6 | $ 391.5 | $ 389.0 |
| Earnings per share, Basic | $ 0.69 | $ 0.58 | $ 1.01 | $ 0.99 |
| Earnings per share, Diluted | $ 0.68 | $ 0.58 | $ 1.01 | $ 0.98 |
| Weighted-average number of common shares outstanding, Basic | 385.7 | 393.1 | 385.8 | 393.8 |
| Weighted-average number of common shares outstanding, Diluted | 387.7 | 396.8 | 387.6 | 397.5 |
IPG Balance Sheet
2023-06-30Consolidated Balance Sheets - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| ASSETS: | ||
| Cash and cash equivalents | $ 1,628.1 | $ 2,545.3 |
| Accounts receivable, net of allowance of $47.7 and $48.6, respectively | 4,170.0 | 5,316.0 |
| Accounts receivable, billable to clients | 2,215.9 | 2,023.0 |
| Marketable Securities, Current | 102.8 | 1.1 |
| Prepaid Expense, Current | 456.9 | 354.1 |
| Assets held for sale | 6.0 | 5.9 |
| Other current assets | 61.3 | 79.8 |
| Total current assets | 8,641.0 | 10,325.2 |
| Property and equipment, net of accumulated depreciation and amortization of $1,234.8 and $1,244.8, respectively | 629.6 | 637.4 |
| Deferred Income Tax Assets, Net | 287.0 | 271.7 |
| Goodwill | 5,078.4 | 5,050.6 |
| Other intangible assets | 785.9 | 818.1 |
| Operating lease right-of-use asset | 1,240.7 | 1,277.5 |
| Other non-current assets | 447.4 | 464.5 |
| TOTAL ASSETS | 17,110.0 | 18,845.0 |
| LIABILITIES: | ||
| Accounts payable | 6,573.2 | 8,235.3 |
| Accrued liabilities | 562.3 | 787.1 |
| Contract liabilities | 690.5 | 680.0 |
| Short-term borrowings | 30.2 | 44.3 |
| Current portion of long-term debt | 250.3 | 0.6 |
| Current portion of operating leases | 243.5 | 235.9 |
| Liabilities held for sale | 5.3 | 0.0 |
| Total current liabilities | 8,355.3 | 9,983.2 |
| Long-term debt | 2,915.4 | 2,870.7 |
| Non-current operating leases | 1,316.9 | 1,380.1 |
| Deferred compensation | 215.6 | 294.1 |
| Other non-current liabilities | 515.5 | 572.6 |
| TOTAL LIABILITIES | 13,318.7 | 15,100.7 |
| Redeemable noncontrolling interests | 45.5 | 38.3 |
| STOCKHOLDERS' EQUITY: | ||
| Common stock | 39.2 | 38.9 |
| Additional paid-in capital | 1,035.2 | 1,057.5 |
| Retained earnings | 3,782.8 | 3,632.1 |
| Accumulated other comprehensive loss, net of tax | (922.7) | (960.4) |
| Stockholders' Equity before Treasury Stock | 3,934.5 | 3,768.1 |
| Treasury Stock, Value | (248.2) | (120.2) |
| Total IPG stockholders' equity | 3,686.3 | 3,647.9 |
| Noncontrolling interests | 59.5 | 58.1 |
| TOTAL STOCKHOLDERS' EQUITY | 3,745.8 | 3,706.0 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | 17,110.0 | 18,845.0 |
| Parentheticals: | ||
| Allowance for doubtful accounts receivable | 47.7 | 48.6 |
| Accumulated depreciation, property and equipment | $ 1,234.8 | $ 1,244.8 |
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.