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Side-by-side financial comparison of Interpublic Group of Companies (The) (IPG) and LEVI STRAUSS & CO (LEVI). 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× LEVI STRAUSS & CO). LEVI STRAUSS & CO runs the higher net margin — 8.9% vs 5.8%, a 3.1% gap on every dollar of revenue. On growth, LEVI STRAUSS & CO posted the faster year-over-year revenue change (-4.0% vs -4.8%). LEVI STRAUSS & CO produced more free cash flow last quarter ($215.7M vs $153.6M). Over the past eight quarters, LEVI STRAUSS & CO's revenue compounded faster (6.5% CAGR vs -9.1%).

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...

Levi Strauss & Co. is an American clothing company known worldwide for its Levi's brand of denim jeans. It was founded in May 1853 when German-Jewish immigrant Levi Strauss moved from Buttenheim, Bavaria, to San Francisco, California, to open a West Coast branch of his brothers' New York dry goods business. Although the corporation is registered in Delaware, the company's corporate headquarters is located in Levi's Plaza in San Francisco.

IPG vs LEVI — Head-to-Head

Bigger by revenue
IPG
IPG
1.2× larger
IPG
$2.1B
$1.8B
LEVI
Growing faster (revenue YoY)
LEVI
LEVI
+0.8% gap
LEVI
-4.0%
-4.8%
IPG
Higher net margin
LEVI
LEVI
3.1% more per $
LEVI
8.9%
5.8%
IPG
More free cash flow
LEVI
LEVI
$62.1M more FCF
LEVI
$215.7M
$153.6M
IPG
Faster 2-yr revenue CAGR
LEVI
LEVI
Annualised
LEVI
6.5%
-9.1%
IPG

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
IPG
IPG
LEVI
LEVI
Revenue
$2.1B
$1.8B
Net Profit
$124.2M
$158.0M
Gross Margin
60.8%
Operating Margin
10.3%
11.9%
Net Margin
5.8%
8.9%
Revenue YoY
-4.8%
-4.0%
Net Profit YoY
517.9%
-13.4%
EPS (diluted)
$0.34
$0.39

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
IPG
IPG
LEVI
LEVI
Q4 25
$1.8B
Q3 25
$2.1B
$1.5B
Q2 25
$2.2B
$1.4B
Q1 25
$2.0B
$1.5B
Q4 24
$2.4B
$1.8B
Q3 24
$2.2B
$1.5B
Q2 24
$2.3B
$1.4B
Q1 24
$2.2B
$1.6B
Net Profit
IPG
IPG
LEVI
LEVI
Q4 25
$158.0M
Q3 25
$124.2M
$218.1M
Q2 25
$162.5M
$67.0M
Q1 25
$-85.4M
$135.0M
Q4 24
$344.5M
$182.5M
Q3 24
$20.1M
$20.7M
Q2 24
$214.5M
$18.0M
Q1 24
$110.4M
$-10.6M
Gross Margin
IPG
IPG
LEVI
LEVI
Q4 25
60.8%
Q3 25
61.7%
Q2 25
62.6%
Q1 25
-3.2%
62.1%
Q4 24
10.1%
61.3%
Q3 24
2.9%
60.0%
Q2 24
1.2%
60.5%
Q1 24
-1.1%
58.2%
Operating Margin
IPG
IPG
LEVI
LEVI
Q4 25
11.9%
Q3 25
10.3%
10.8%
Q2 25
11.2%
7.5%
Q1 25
-2.1%
12.5%
Q4 24
23.3%
11.5%
Q3 24
5.9%
2.0%
Q2 24
13.7%
1.5%
Q1 24
8.4%
-0.0%
Net Margin
IPG
IPG
LEVI
LEVI
Q4 25
8.9%
Q3 25
5.8%
14.1%
Q2 25
7.5%
4.6%
Q1 25
-4.3%
8.8%
Q4 24
14.1%
9.9%
Q3 24
0.9%
1.4%
Q2 24
9.2%
1.2%
Q1 24
5.1%
-0.7%
EPS (diluted)
IPG
IPG
LEVI
LEVI
Q4 25
$0.39
Q3 25
$0.34
$0.55
Q2 25
$0.44
$0.17
Q1 25
$-0.23
$0.34
Q4 24
$0.92
$0.46
Q3 24
$0.05
$0.05
Q2 24
$0.57
$0.04
Q1 24
$0.29
$-0.03

Balance Sheet & Financial Strength

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

Metric
IPG
IPG
LEVI
LEVI
Cash + ST InvestmentsLiquidity on hand
$1.5B
$848.8M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$3.7B
$2.3B
Total Assets
$17.0B
$6.8B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPG
IPG
LEVI
LEVI
Q4 25
$848.8M
Q3 25
$1.5B
$707.5M
Q2 25
$1.6B
$736.7M
Q1 25
$1.9B
$574.4M
Q4 24
$2.2B
$690.0M
Q3 24
$1.5B
$577.1M
Q2 24
$1.5B
$641.4M
Q1 24
$1.9B
$516.7M
Total Debt
IPG
IPG
LEVI
LEVI
Q4 25
$1.1B
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$987.4M
Q4 24
$994.0M
Q3 24
$1.0B
Q2 24
$1.0B
Q1 24
$1.0B
Stockholders' Equity
IPG
IPG
LEVI
LEVI
Q4 25
$2.3B
Q3 25
$3.7B
$2.2B
Q2 25
$3.7B
$2.1B
Q1 25
$3.6B
$2.0B
Q4 24
$3.8B
$2.0B
Q3 24
$3.7B
$1.9B
Q2 24
$3.8B
$2.0B
Q1 24
$3.8B
$2.0B
Total Assets
IPG
IPG
LEVI
LEVI
Q4 25
$6.8B
Q3 25
$17.0B
$6.7B
Q2 25
$17.0B
$6.5B
Q1 25
$17.1B
$6.2B
Q4 24
$18.3B
$6.4B
Q3 24
$17.1B
$6.3B
Q2 24
$17.0B
$6.2B
Q1 24
$17.3B
$6.0B
Debt / Equity
IPG
IPG
LEVI
LEVI
Q4 25
0.46×
Q3 25
0.48×
Q2 25
0.49×
Q1 25
0.49×
Q4 24
0.50×
Q3 24
0.54×
Q2 24
0.51×
Q1 24
0.51×

Cash Flow & Capital Efficiency

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

Metric
IPG
IPG
LEVI
LEVI
Operating Cash FlowLast quarter
$180.1M
$266.8M
Free Cash FlowOCF − Capex
$153.6M
$215.7M
FCF MarginFCF / Revenue
7.2%
12.2%
Capex IntensityCapex / Revenue
1.2%
2.9%
Cash ConversionOCF / Net Profit
1.45×
1.69×
TTM Free Cash FlowTrailing 4 quarters
$806.8M
$308.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IPG
IPG
LEVI
LEVI
Q4 25
$266.8M
Q3 25
$180.1M
$24.8M
Q2 25
$-96.0M
$185.5M
Q1 25
$-37.0M
$52.5M
Q4 24
$868.1M
$297.3M
Q3 24
$223.8M
$52.3M
Q2 24
$120.7M
$262.8M
Q1 24
$-157.4M
$286.0M
Free Cash Flow
IPG
IPG
LEVI
LEVI
Q4 25
$215.7M
Q3 25
$153.6M
$-39.4M
Q2 25
$-121.8M
$146.0M
Q1 25
$-58.5M
$-14.1M
Q4 24
$833.5M
$231.6M
Q3 24
$186.5M
$2.3M
Q2 24
$85.9M
$222.6M
Q1 24
$-192.5M
$214.4M
FCF Margin
IPG
IPG
LEVI
LEVI
Q4 25
12.2%
Q3 25
7.2%
-2.6%
Q2 25
-5.6%
10.1%
Q1 25
-2.9%
-0.9%
Q4 24
34.2%
12.6%
Q3 24
8.3%
0.2%
Q2 24
3.7%
15.4%
Q1 24
-8.8%
13.8%
Capex Intensity
IPG
IPG
LEVI
LEVI
Q4 25
2.9%
Q3 25
1.2%
4.2%
Q2 25
1.2%
2.7%
Q1 25
1.1%
4.4%
Q4 24
1.4%
3.6%
Q3 24
1.7%
3.3%
Q2 24
1.5%
2.8%
Q1 24
1.6%
4.6%
Cash Conversion
IPG
IPG
LEVI
LEVI
Q4 25
1.69×
Q3 25
1.45×
0.11×
Q2 25
-0.59×
2.77×
Q1 25
0.39×
Q4 24
2.52×
1.63×
Q3 24
11.13×
2.53×
Q2 24
0.56×
14.60×
Q1 24
-1.43×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IPG
IPG

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

LEVI
LEVI

Other$760.3M43%
Sales Channel Through Intermediary$583.2M33%
Sales Channel Directly To Consumer$376.0M21%
Beyond Yoga$46.3M3%

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