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Side-by-side financial comparison of Interpublic Group of Companies (The) (IPG) and MERCURY GENERAL CORP (MCY). 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 $1.5B, roughly 1.4× MERCURY GENERAL CORP). MERCURY GENERAL CORP runs the higher net margin — 13.2% vs 5.8%, a 7.4% gap on every dollar of revenue. On growth, MERCURY GENERAL CORP posted the faster year-over-year revenue change (12.4% vs -4.8%). MERCURY GENERAL CORP produced more free cash flow last quarter ($273.9M vs $153.6M). Over the past eight quarters, MERCURY GENERAL CORP's revenue compounded faster (9.8% 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...

Mercury General Corporation is a multiple-line insurance organization that offers personal automobiles, homeowners, renters, and business insurance. Mercury's primary focus is automobiles and homeowners' insurance.

IPG vs MCY — Head-to-Head

Bigger by revenue
IPG
IPG
1.4× larger
IPG
$2.1B
$1.5B
MCY
Growing faster (revenue YoY)
MCY
MCY
+17.2% gap
MCY
12.4%
-4.8%
IPG
Higher net margin
MCY
MCY
7.4% more per $
MCY
13.2%
5.8%
IPG
More free cash flow
MCY
MCY
$120.3M more FCF
MCY
$273.9M
$153.6M
IPG
Faster 2-yr revenue CAGR
MCY
MCY
Annualised
MCY
9.8%
-9.1%
IPG

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
IPG
IPG
MCY
MCY
Revenue
$2.1B
$1.5B
Net Profit
$124.2M
$202.5M
Gross Margin
99.7%
Operating Margin
10.3%
16.2%
Net Margin
5.8%
13.2%
Revenue YoY
-4.8%
12.4%
Net Profit YoY
517.9%
100.4%
EPS (diluted)
$0.34
$3.66

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
MCY
MCY
Q4 25
$1.5B
Q3 25
$2.1B
$1.6B
Q2 25
$2.2B
$1.5B
Q1 25
$2.0B
$1.4B
Q4 24
$2.4B
$1.4B
Q3 24
$2.2B
$1.5B
Q2 24
$2.3B
$1.3B
Q1 24
$2.2B
$1.3B
Net Profit
IPG
IPG
MCY
MCY
Q4 25
$202.5M
Q3 25
$124.2M
$280.4M
Q2 25
$162.5M
$166.5M
Q1 25
$-85.4M
$-108.3M
Q4 24
$344.5M
$101.1M
Q3 24
$20.1M
$230.9M
Q2 24
$214.5M
$62.6M
Q1 24
$110.4M
$73.5M
Gross Margin
IPG
IPG
MCY
MCY
Q4 25
99.7%
Q3 25
99.8%
Q2 25
99.8%
Q1 25
-3.2%
99.7%
Q4 24
10.1%
99.7%
Q3 24
2.9%
99.8%
Q2 24
1.2%
99.8%
Q1 24
-1.1%
99.7%
Operating Margin
IPG
IPG
MCY
MCY
Q4 25
16.2%
Q3 25
10.3%
22.1%
Q2 25
11.2%
14.0%
Q1 25
-2.1%
-10.2%
Q4 24
23.3%
9.0%
Q3 24
5.9%
18.8%
Q2 24
13.7%
5.8%
Q1 24
8.4%
7.0%
Net Margin
IPG
IPG
MCY
MCY
Q4 25
13.2%
Q3 25
5.8%
17.7%
Q2 25
7.5%
11.3%
Q1 25
-4.3%
-7.8%
Q4 24
14.1%
7.4%
Q3 24
0.9%
15.1%
Q2 24
9.2%
4.8%
Q1 24
5.1%
5.8%
EPS (diluted)
IPG
IPG
MCY
MCY
Q4 25
$3.66
Q3 25
$0.34
$5.06
Q2 25
$0.44
$3.01
Q1 25
$-0.23
$-1.96
Q4 24
$0.92
$1.82
Q3 24
$0.05
$4.17
Q2 24
$0.57
$1.13
Q1 24
$0.29
$1.33

Balance Sheet & Financial Strength

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

Metric
IPG
IPG
MCY
MCY
Cash + ST InvestmentsLiquidity on hand
$1.5B
Total DebtLower is stronger
$575.0M
Stockholders' EquityBook value
$3.7B
$2.4B
Total Assets
$17.0B
$9.6B
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPG
IPG
MCY
MCY
Q4 25
Q3 25
$1.5B
Q2 25
$1.6B
Q1 25
$1.9B
Q4 24
$2.2B
Q3 24
$1.5B
Q2 24
$1.5B
Q1 24
$1.9B
Total Debt
IPG
IPG
MCY
MCY
Q4 25
$575.0M
Q3 25
Q2 25
Q1 25
Q4 24
$575.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
IPG
IPG
MCY
MCY
Q4 25
$2.4B
Q3 25
$3.7B
$2.2B
Q2 25
$3.7B
$2.0B
Q1 25
$3.6B
$1.8B
Q4 24
$3.8B
$1.9B
Q3 24
$3.7B
$1.9B
Q2 24
$3.8B
$1.6B
Q1 24
$3.8B
$1.6B
Total Assets
IPG
IPG
MCY
MCY
Q4 25
$9.6B
Q3 25
$17.0B
$9.4B
Q2 25
$17.0B
$9.1B
Q1 25
$17.1B
$9.0B
Q4 24
$18.3B
$8.3B
Q3 24
$17.1B
$8.2B
Q2 24
$17.0B
$7.7B
Q1 24
$17.3B
$7.4B
Debt / Equity
IPG
IPG
MCY
MCY
Q4 25
0.24×
Q3 25
Q2 25
Q1 25
Q4 24
0.30×
Q3 24
Q2 24
Q1 24

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
MCY
MCY
Operating Cash FlowLast quarter
$180.1M
$287.9M
Free Cash FlowOCF − Capex
$153.6M
$273.9M
FCF MarginFCF / Revenue
7.2%
17.8%
Capex IntensityCapex / Revenue
1.2%
0.9%
Cash ConversionOCF / Net Profit
1.45×
1.42×
TTM Free Cash FlowTrailing 4 quarters
$806.8M
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IPG
IPG
MCY
MCY
Q4 25
$287.9M
Q3 25
$180.1M
$496.4M
Q2 25
$-96.0M
$371.6M
Q1 25
$-37.0M
$-68.7M
Q4 24
$868.1M
$248.3M
Q3 24
$223.8M
$318.1M
Q2 24
$120.7M
$278.0M
Q1 24
$-157.4M
$192.6M
Free Cash Flow
IPG
IPG
MCY
MCY
Q4 25
$273.9M
Q3 25
$153.6M
$479.5M
Q2 25
$-121.8M
$357.2M
Q1 25
$-58.5M
$-81.9M
Q4 24
$833.5M
$236.0M
Q3 24
$186.5M
$306.2M
Q2 24
$85.9M
$266.5M
Q1 24
$-192.5M
$182.4M
FCF Margin
IPG
IPG
MCY
MCY
Q4 25
17.8%
Q3 25
7.2%
30.3%
Q2 25
-5.6%
24.2%
Q1 25
-2.9%
-5.9%
Q4 24
34.2%
17.3%
Q3 24
8.3%
20.0%
Q2 24
3.7%
20.4%
Q1 24
-8.8%
14.3%
Capex Intensity
IPG
IPG
MCY
MCY
Q4 25
0.9%
Q3 25
1.2%
1.1%
Q2 25
1.2%
1.0%
Q1 25
1.1%
0.9%
Q4 24
1.4%
0.9%
Q3 24
1.7%
0.8%
Q2 24
1.5%
0.9%
Q1 24
1.6%
0.8%
Cash Conversion
IPG
IPG
MCY
MCY
Q4 25
1.42×
Q3 25
1.45×
1.77×
Q2 25
-0.59×
2.23×
Q1 25
Q4 24
2.52×
2.46×
Q3 24
11.13×
1.38×
Q2 24
0.56×
4.44×
Q1 24
-1.43×
2.62×

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%

MCY
MCY

Segment breakdown not available.

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