The Interpublic Group of's gross profit for the
three
months ended in Mar. 2024 was $288 Mil. The Interpublic Group of's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $1,833 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of The Interpublic Group of's Gross Profit
For the Advertising Agencies subindustry, The Interpublic Group of's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
The Interpublic Group of's Gross Profit Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, The Interpublic Group of's Gross Profit distribution charts can be found below:
* The bar in red indicates where The Interpublic Group of's Gross Profit falls into.
The Interpublic Group of Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
The Interpublic Group of's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,833 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
The Interpublic Group of (NYSE:IPG) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
The Interpublic Group of had a gross margin of 11.54% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
The Interpublic Group of Gross Profit Related Terms
Thank you for viewing the detailed overview of The Interpublic Group of's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
The Interpublic Group of (The Interpublic Group of) Business Description
Interpublic Group is among the world's largest advertising holding companies based on annual revenue. It provides traditional advertising services along with digital and other services such as public relations through various acquisitions. IPG has made these services available in over 100 countries. The company generates more than 80% of its revenue from developed regions such as the United States and Europe.
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