OMNICOM GROUP INC. OMC
On November 26, 2025 (the "Closing Date"), Omnicom completed its Merger with IPG (the "Merger"). As previously reported, on December 8, 2024, Omnicom entered into an Agreement and Plan of Merger (the "Merger Agreement") with IPG and EXT Subsidiary Inc., a Delaware corporation and a direct wholly owned subsidiary of Omnicom ("Merger Sub"). On the Closing Date, pursuant to the terms and conditions of the Merger Agreement, Merger Sub merged with and into IPG, with IPG continuing as the surviving corporation and a direct wholly owned subsidiary of Omnicom. Upon the Merger, each outstanding share of IPG common stock (other than certain excluded shares) converted into the right to receive 0.344 shares of Omnicom common stock and cash in lieu of fractional shares. Following the closing of the Merger, legacy Omnicom shareholders owned approximately 60.6% of the combined company and legacy IPG shareholders owned approximately 39.4%, on a fully diluted basis (see Note 5 to the consolidated financial statements).
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.27B | $15.69B | $14.69B | $14.29B | $14.29B | $13.17B | $14.95B | $15.29B | $15.27B | $15.42B |
| Cost of revenue | $15.80B | $12.76B | $11.98B | $11.61B | $11.50B | $10.99B | $12.19B | $12.44B | $12.47B | $12.65B |
| Gross profit | $1.47B | $2.92B | $2.71B | $2.68B | $2.79B | $2.18B | $2.76B | $2.85B | $2.81B | $2.77B |
| SG&A | $745.7M | $408.1M | $393.7M | $378.5M | $379.7M | $360.5M | $405.9M | $455.4M | $439.7M | $443.9M |
| Total operating expenses | $16.83B | $13.41B | $12.59B | $12.21B | $12.09B | $11.57B | $12.83B | $13.16B | $13.19B | $13.39B |
| Operating income | $444.7M | $2.27B | $2.10B | $2.08B | $2.20B | $1.60B | $2.12B | $2.13B | $2.08B | $2.03B |
| Interest expense | $263.4M | $247.9M | $218.5M | $208.6M | $236.4M | $221.8M | $244.3M | $266.4M | $248.6M | $231.3M |
| Pre-tax income | $278.2M | $2.13B | $1.99B | $1.95B | $1.99B | $1.41B | $1.94B | $1.92B | $1.88B | $1.84B |
| Income tax | $242.2M | $560.5M | $524.9M | $546.8M | $488.7M | $381.7M | $504.4M | $492.7M | $696.2M | $600.5M |
| Net income | -$54.5M | $1.48B | $1.39B | $1.32B | $1.41B | $945.4M | $1.34B | $1.33B | $1.09B | $1.15B |
| EPS, basic | -0.27 | 7.54 | 6.98 | 6.40 | 6.57 | 4.38 | 6.09 | 5.85 | 4.68 | 4.80 |
| EPS, diluted | -0.27 | 7.46 | 6.91 | 6.36 | 6.53 | 4.37 | 6.06 | 5.83 | 4.65 | 4.78 |
| Shares, diluted (wtd. avg.) | $204.9M | $198.6M | $201.4M | $207.0M | $215.6M | $216.2M | $220.9M | $227.6M | $233.9M | $239.2M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $6.88B | $4.34B | $4.43B | $4.28B | $5.32B | $5.60B | $4.31B | $3.65B | $3.80B | $3.00B |
| Short-term investments | — | — | $0 | $60.7M | $0 | $0 | $3.6M | $5.5M | $400.0K | $20.6M |
| Receivables | $14.40B | $9.24B | $8.66B | $8.10B | $8.47B | $7.81B | $7.83B | $7.67B | $8.08B | $7.51B |
| Total current assets | $27.47B | $16.22B | $15.38B | $14.61B | $15.91B | $15.59B | $14.58B | $13.73B | $14.12B | $12.72B |
| Property, plant and equipment | — | — | — | — | — | $585.2M | $663.4M | $694.4M | $690.9M | $674.8M |
| Goodwill | $18.64B | $10.68B | $10.08B | $9.73B | $9.74B | $9.61B | $9.44B | $9.38B | $9.34B | $8.98B |
| Other intangibles | $5.10B | $522.0M | $366.9M | $313.4M | $298.0M | $298.5M | $338.2M | $382.8M | $368.4M | $427.4M |
| Total assets | $54.42B | $29.62B | $28.04B | $27.00B | $28.42B | $27.65B | $26.78B | $24.62B | $24.93B | $23.17B |
| Accounts payable | $20.66B | $12.48B | $11.63B | $11.00B | $11.90B | $11.51B | $11.77B | $11.46B | $11.57B | $10.48B |
| Short-term debt | $62.0M | $21.3M | $10.9M | $16.9M | $9.6M | $3.9M | $10.1M | $8.1M | $0 | $100.0K |
| Total current liabilities | $29.54B | $16.30B | $16.25B | $15.05B | $16.23B | $15.53B | $15.98B | $15.27B | $15.11B | $14.01B |
| Long-term debt | $9.27B | $6.07B | $5.67B | $5.61B | $5.73B | $5.82B | $5.12B | $4.90B | $4.90B | $4.90B |
| Retained earnings | $10.78B | $11.50B | $10.57B | $9.74B | $9.00B | $8.19B | $7.81B | $7.02B | $6.21B | $5.68B |
| Total equity | $12.05B | $4.19B | $4.23B | $3.78B | $3.77B | $3.58B | $3.37B | $3.11B | $3.15B | $2.66B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.94B | $1.73B | $1.42B | $926.5M | $1.95B | $1.72B | $1.86B | $1.72B | $2.02B | $1.95B |
| Depreciation and amortisation | $145.1M | $136.1M | $130.8M | $139.1M | $132.1M | $139.5M | $147.7M | $161.5M | $168.3M | $177.7M |
| Stock-based compensation | $100.8M | $91.4M | $84.8M | $81.7M | $84.7M | $70.8M | $72.5M | $70.5M | $80.2M | $93.4M |
| Capital expenditure | $149.8M | $140.6M | $78.4M | $78.2M | $665.8M | $75.4M | $102.2M | $195.7M | $156.0M | $165.5M |
| Investing cash flow | $980.2M | -$1.06B | $79.1M | -$380.9M | -$709.2M | -$136.1M | -$30.9M | -$221.8M | -$115.4M | -$481.6M |
| Financing cash flow | -$1.59B | -$582.0M | -$1.39B | -$1.36B | -$1.39B | -$408.4M | -$1.22B | -$1.44B | -$1.34B | -$998.3M |
| Dividends paid | $549.6M | $552.7M | $562.7M | $581.1M | $592.3M | $562.7M | $564.3M | $548.5M | $515.2M | $505.4M |
| Buybacks | $707.9M | $370.7M | $570.8M | $611.4M | $527.3M | $222.0M | $610.2M | $581.3M | $568.4M | $602.2M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000029989-26-000006.
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