The Interpublic Group of Companies, Inc. (IPG)

Sector: Communication Services|Industry: Advertising Agencies|Market Cap: $10.43B|Employees: 57K


The Interpublic Group of Companies, Inc. provides advertising and marketing services worldwide. It operates in three segments: Media, Data & Engagement Solutions, Integrated Advertising & Creativity Led Solutions, and Specialized Communications & Experiential Solutions. The Media, Data & Engagement Solutions segment provides media and communications services, digital services and products, advertising and marketing technology, e‐commerce services, data management and analytics, strategic consulting, and digital brand experience under the IPG Mediabrands, UM, Initiative, Kinesso, Acxiom, Huge, MRM, and R/GA brand names. The Integrated Advertising & Creativity Led Solutions segment offers advertising, corporate, and brand identity services; and strategic consulting under FCB, IPG Health, McCann Worldgroup, and MullenLowe Group brands. Specialized Communications & Experiential Solutions segment provides public relations and other specialized communications services, live events, sports and entertainment marketing, and strategic consulting under IPG DXTRA Health, The Weber Shandwick Collective, Golin, Jack Morton, Momentum, and Octagon brand names. 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.

  1. Filings

Filing Highlights

Financial Performance

Total revenue increased by 1.6% year-over-year to $2.71 billion, driven by a 1.7% organic increase in revenue before billable expenses. This growth reflects successful client retention and new business wins, particularly in the healthcare and food & beverage sectors.

Adjusted EBITA margin on revenue before billable expenses increased to 14.6% from 14.3% in the prior-year period. This improvement is attributed to effective cost management and improved operating efficiencies.

Net income available to IPG common stockholders decreased from $265.5 million to $214.5 million. The decrease was impacted by net losses on sales of businesses and the classification of certain assets as held for sale, partially offset by the settlement of the 2017 through 2019 New York State income tax audit.

Growth & Strategy

Management Execution

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Operational Efficiency

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Capital Allocation

ESG initiatives

Market Environment