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Side-by-side financial comparison of F&G Annuities & Life, Inc. (FG) and Interpublic Group of Companies (The) (IPG). Click either name above to swap in a different company.

Interpublic Group of Companies (The) is the larger business by last-quarter revenue ($2.1B vs $1.8B, roughly 1.2× F&G Annuities & Life, Inc.). F&G Annuities & Life, Inc. runs the higher net margin — 7.3% vs 5.8%, a 1.4% gap on every dollar of revenue. On growth, F&G Annuities & Life, Inc. posted the faster year-over-year revenue change (13.2% vs -4.8%). Over the past eight quarters, F&G Annuities & Life, Inc.'s revenue compounded faster (6.1% CAGR vs -9.1%).

F&G Annuities & Life, Inc. is a public company headquartered in Des Moines, Iowa. It primarily provides annuities, life insurance, and pension buyout services. The company was founded in 1959.

The Interpublic Group of Companies, Inc. (IPG) was an American advertising company based in New York City. It consisted of the five major networks FCB, IPG Mediabrands, McCann Worldgroup, MullenLowe Group and Marketing Specialists, as well as several independent specialty agencies in the areas of public relations, sports marketing, talent representation and healthcare. Prior to the Omnicom acquisition, it was one of the "Big Four" agency companies, alongside WPP, Publicis, and Omnicom. The co...

FG vs IPG — Head-to-Head

Bigger by revenue
IPG
IPG
1.2× larger
IPG
$2.1B
$1.8B
FG
Growing faster (revenue YoY)
FG
FG
+18.0% gap
FG
13.2%
-4.8%
IPG
Higher net margin
FG
FG
1.4% more per $
FG
7.3%
5.8%
IPG
Faster 2-yr revenue CAGR
FG
FG
Annualised
FG
6.1%
-9.1%
IPG

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
FG
FG
IPG
IPG
Revenue
$1.8B
$2.1B
Net Profit
$128.0M
$124.2M
Gross Margin
Operating Margin
10.3%
Net Margin
7.3%
5.8%
Revenue YoY
13.2%
-4.8%
Net Profit YoY
-60.9%
517.9%
EPS (diluted)
$0.97
$0.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FG
FG
IPG
IPG
Q4 25
$1.8B
Q3 25
$1.7B
$2.1B
Q2 25
$1.4B
$2.2B
Q1 25
$908.0M
$2.0B
Q4 24
$1.6B
$2.4B
Q3 24
$1.4B
$2.2B
Q2 24
$1.2B
$2.3B
Q1 24
$1.6B
$2.2B
Net Profit
FG
FG
IPG
IPG
Q4 25
$128.0M
Q3 25
$118.0M
$124.2M
Q2 25
$40.0M
$162.5M
Q1 25
$-21.0M
$-85.4M
Q4 24
$327.0M
$344.5M
Q3 24
$-6.0M
$20.1M
Q2 24
$203.0M
$214.5M
Q1 24
$115.0M
$110.4M
Gross Margin
FG
FG
IPG
IPG
Q4 25
Q3 25
Q2 25
Q1 25
-3.2%
Q4 24
10.1%
Q3 24
2.9%
Q2 24
1.2%
Q1 24
-1.1%
Operating Margin
FG
FG
IPG
IPG
Q4 25
Q3 25
10.3%
Q2 25
11.2%
Q1 25
-2.1%
Q4 24
23.3%
Q3 24
5.9%
Q2 24
13.7%
Q1 24
8.4%
Net Margin
FG
FG
IPG
IPG
Q4 25
7.3%
Q3 25
7.0%
5.8%
Q2 25
2.9%
7.5%
Q1 25
-2.3%
-4.3%
Q4 24
21.0%
14.1%
Q3 24
-0.4%
0.9%
Q2 24
17.3%
9.2%
Q1 24
7.3%
5.1%
EPS (diluted)
FG
FG
IPG
IPG
Q4 25
$0.97
Q3 25
$0.85
$0.34
Q2 25
$0.26
$0.44
Q1 25
$-0.20
$-0.23
Q4 24
$2.53
$0.92
Q3 24
$-0.08
$0.05
Q2 24
$1.55
$0.57
Q1 24
$0.88
$0.29

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FG
FG
IPG
IPG
Cash + ST InvestmentsLiquidity on hand
$1.5B
$1.5B
Total DebtLower is stronger
$2.2B
Stockholders' EquityBook value
$4.8B
$3.7B
Total Assets
$98.4B
$17.0B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FG
FG
IPG
IPG
Q4 25
$1.5B
Q3 25
$2.2B
$1.5B
Q2 25
$1.9B
$1.6B
Q1 25
$3.3B
$1.9B
Q4 24
$2.3B
$2.2B
Q3 24
$3.5B
$1.5B
Q2 24
$3.5B
$1.5B
Q1 24
$2.4B
$1.9B
Total Debt
FG
FG
IPG
IPG
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.2B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
$2.0B
Q2 24
$2.0B
Q1 24
$1.7B
Stockholders' Equity
FG
FG
IPG
IPG
Q4 25
$4.8B
Q3 25
$4.8B
$3.7B
Q2 25
$4.4B
$3.7B
Q1 25
$4.4B
$3.6B
Q4 24
$4.0B
$3.8B
Q3 24
$4.3B
$3.7B
Q2 24
$3.7B
$3.8B
Q1 24
$3.5B
$3.8B
Total Assets
FG
FG
IPG
IPG
Q4 25
$98.4B
Q3 25
$96.1B
$17.0B
Q2 25
$91.8B
$17.0B
Q1 25
$88.0B
$17.1B
Q4 24
$85.0B
$18.3B
Q3 24
$84.1B
$17.1B
Q2 24
$78.5B
$17.0B
Q1 24
$74.4B
$17.3B
Debt / Equity
FG
FG
IPG
IPG
Q4 25
0.47×
Q3 25
0.46×
Q2 25
0.50×
Q1 25
0.51×
Q4 24
0.55×
Q3 24
0.47×
Q2 24
0.56×
Q1 24
0.49×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FG
FG
IPG
IPG
Operating Cash FlowLast quarter
$1.2B
$180.1M
Free Cash FlowOCF − Capex
$153.6M
FCF MarginFCF / Revenue
7.2%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
9.13×
1.45×
TTM Free Cash FlowTrailing 4 quarters
$806.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FG
FG
IPG
IPG
Q4 25
$1.2B
Q3 25
$937.0M
$180.1M
Q2 25
$1.6B
$-96.0M
Q1 25
$956.0M
$-37.0M
Q4 24
$1.3B
$868.1M
Q3 24
$2.1B
$223.8M
Q2 24
$1.1B
$120.7M
Q1 24
$1.5B
$-157.4M
Free Cash Flow
FG
FG
IPG
IPG
Q4 25
Q3 25
$153.6M
Q2 25
$-121.8M
Q1 25
$-58.5M
Q4 24
$833.5M
Q3 24
$186.5M
Q2 24
$85.9M
Q1 24
$-192.5M
FCF Margin
FG
FG
IPG
IPG
Q4 25
Q3 25
7.2%
Q2 25
-5.6%
Q1 25
-2.9%
Q4 24
34.2%
Q3 24
8.3%
Q2 24
3.7%
Q1 24
-8.8%
Capex Intensity
FG
FG
IPG
IPG
Q4 25
Q3 25
1.2%
Q2 25
1.2%
Q1 25
1.1%
Q4 24
1.4%
Q3 24
1.7%
Q2 24
1.5%
Q1 24
1.6%
Cash Conversion
FG
FG
IPG
IPG
Q4 25
9.13×
Q3 25
7.94×
1.45×
Q2 25
40.50×
-0.59×
Q1 25
Q4 24
4.04×
2.52×
Q3 24
11.13×
Q2 24
5.20×
0.56×
Q1 24
13.34×
-1.43×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FG
FG

Segment breakdown not available.

IPG
IPG

MDE$619.0M29%
IAC$574.9M27%
Other$527.9M25%
SCE$413.8M19%

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