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Side-by-side financial comparison of Interpublic Group of Companies (The) (IPG) and MASTEC INC (MTZ). Click either name above to swap in a different company.

MASTEC INC is the larger business by last-quarter revenue ($3.9B vs $2.1B, roughly 1.8× Interpublic Group of Companies (The)). Interpublic Group of Companies (The) runs the higher net margin — 5.8% vs 3.6%, a 2.2% gap on every dollar of revenue. On growth, MASTEC INC posted the faster year-over-year revenue change (15.8% vs -4.8%). MASTEC INC produced more free cash flow last quarter ($292.5M vs $153.6M). Over the past eight quarters, MASTEC INC's revenue compounded faster (21.1% 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...

Mastec, Inc. is an American infrastructure engineering and construction company based in Coral Gables, Florida. The company provides engineering, building, installation, maintenance and upgrade of energy, utility and communications infrastructure. Its customers are primarily in the utility, communications and government industries.

IPG vs MTZ — Head-to-Head

Bigger by revenue
MTZ
MTZ
1.8× larger
MTZ
$3.9B
$2.1B
IPG
Growing faster (revenue YoY)
MTZ
MTZ
+20.5% gap
MTZ
15.8%
-4.8%
IPG
Higher net margin
IPG
IPG
2.2% more per $
IPG
5.8%
3.6%
MTZ
More free cash flow
MTZ
MTZ
$138.9M more FCF
MTZ
$292.5M
$153.6M
IPG
Faster 2-yr revenue CAGR
MTZ
MTZ
Annualised
MTZ
21.1%
-9.1%
IPG

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
IPG
IPG
MTZ
MTZ
Revenue
$2.1B
$3.9B
Net Profit
$124.2M
$142.7M
Gross Margin
Operating Margin
10.3%
4.4%
Net Margin
5.8%
3.6%
Revenue YoY
-4.8%
15.8%
Net Profit YoY
517.9%
90.9%
EPS (diluted)
$0.34
$1.81

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
MTZ
MTZ
Q4 25
$3.9B
Q3 25
$2.1B
$4.0B
Q2 25
$2.2B
$3.5B
Q1 25
$2.0B
$2.8B
Q4 24
$2.4B
$3.4B
Q3 24
$2.2B
$3.3B
Q2 24
$2.3B
$3.0B
Q1 24
$2.2B
$2.7B
Net Profit
IPG
IPG
MTZ
MTZ
Q4 25
$142.7M
Q3 25
$124.2M
$160.7M
Q2 25
$162.5M
$85.8M
Q1 25
$-85.4M
$9.9M
Q4 24
$344.5M
$74.7M
Q3 24
$20.1M
$95.2M
Q2 24
$214.5M
$34.0M
Q1 24
$110.4M
$-41.2M
Gross Margin
IPG
IPG
MTZ
MTZ
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
IPG
IPG
MTZ
MTZ
Q4 25
4.4%
Q3 25
10.3%
5.3%
Q2 25
11.2%
3.4%
Q1 25
-2.1%
0.3%
Q4 24
23.3%
2.8%
Q3 24
5.9%
4.2%
Q2 24
13.7%
2.1%
Q1 24
8.4%
-1.7%
Net Margin
IPG
IPG
MTZ
MTZ
Q4 25
3.6%
Q3 25
5.8%
4.0%
Q2 25
7.5%
2.4%
Q1 25
-4.3%
0.3%
Q4 24
14.1%
2.2%
Q3 24
0.9%
2.9%
Q2 24
9.2%
1.1%
Q1 24
5.1%
-1.5%
EPS (diluted)
IPG
IPG
MTZ
MTZ
Q4 25
$1.81
Q3 25
$0.34
$2.04
Q2 25
$0.44
$1.09
Q1 25
$-0.23
$0.13
Q4 24
$0.92
$0.95
Q3 24
$0.05
$1.21
Q2 24
$0.57
$0.43
Q1 24
$0.29
$-0.53

Balance Sheet & Financial Strength

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

Metric
IPG
IPG
MTZ
MTZ
Cash + ST InvestmentsLiquidity on hand
$1.5B
$396.0M
Total DebtLower is stronger
$2.2B
Stockholders' EquityBook value
$3.7B
$3.3B
Total Assets
$17.0B
$9.9B
Debt / EquityLower = less leverage
0.67×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPG
IPG
MTZ
MTZ
Q4 25
$396.0M
Q3 25
$1.5B
$231.4M
Q2 25
$1.6B
$191.1M
Q1 25
$1.9B
$345.7M
Q4 24
$2.2B
$399.9M
Q3 24
$1.5B
$181.2M
Q2 24
$1.5B
$297.6M
Q1 24
$1.9B
$249.3M
Total Debt
IPG
IPG
MTZ
MTZ
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.1B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.1B
Q2 24
$2.4B
Q1 24
$2.5B
Stockholders' Equity
IPG
IPG
MTZ
MTZ
Q4 25
$3.3B
Q3 25
$3.7B
$3.1B
Q2 25
$3.7B
$2.9B
Q1 25
$3.6B
$2.9B
Q4 24
$3.8B
$2.9B
Q3 24
$3.7B
$2.8B
Q2 24
$3.8B
$2.7B
Q1 24
$3.8B
$2.7B
Total Assets
IPG
IPG
MTZ
MTZ
Q4 25
$9.9B
Q3 25
$17.0B
$9.7B
Q2 25
$17.0B
$9.1B
Q1 25
$17.1B
$8.9B
Q4 24
$18.3B
$9.0B
Q3 24
$17.1B
$8.8B
Q2 24
$17.0B
$8.7B
Q1 24
$17.3B
$8.7B
Debt / Equity
IPG
IPG
MTZ
MTZ
Q4 25
0.67×
Q3 25
0.71×
Q2 25
0.71×
Q1 25
0.71×
Q4 24
0.70×
Q3 24
0.76×
Q2 24
0.87×
Q1 24
0.95×

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
MTZ
MTZ
Operating Cash FlowLast quarter
$180.1M
$372.7M
Free Cash FlowOCF − Capex
$153.6M
$292.5M
FCF MarginFCF / Revenue
7.2%
7.4%
Capex IntensityCapex / Revenue
1.2%
2.0%
Cash ConversionOCF / Net Profit
1.45×
2.61×
TTM Free Cash FlowTrailing 4 quarters
$806.8M
$285.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IPG
IPG
MTZ
MTZ
Q4 25
$372.7M
Q3 25
$180.1M
$89.0M
Q2 25
$-96.0M
$5.6M
Q1 25
$-37.0M
$78.4M
Q4 24
$868.1M
$471.7M
Q3 24
$223.8M
$277.7M
Q2 24
$120.7M
$264.4M
Q1 24
$-157.4M
$107.8M
Free Cash Flow
IPG
IPG
MTZ
MTZ
Q4 25
$292.5M
Q3 25
$153.6M
$20.3M
Q2 25
$-121.8M
$-58.2M
Q1 25
$-58.5M
$31.1M
Q4 24
$833.5M
$423.4M
Q3 24
$186.5M
$234.1M
Q2 24
$85.9M
$232.9M
Q1 24
$-192.5M
$82.3M
FCF Margin
IPG
IPG
MTZ
MTZ
Q4 25
7.4%
Q3 25
7.2%
0.5%
Q2 25
-5.6%
-1.6%
Q1 25
-2.9%
1.1%
Q4 24
34.2%
12.4%
Q3 24
8.3%
7.2%
Q2 24
3.7%
7.9%
Q1 24
-8.8%
3.1%
Capex Intensity
IPG
IPG
MTZ
MTZ
Q4 25
2.0%
Q3 25
1.2%
1.7%
Q2 25
1.2%
1.8%
Q1 25
1.1%
1.7%
Q4 24
1.4%
1.4%
Q3 24
1.7%
1.3%
Q2 24
1.5%
1.1%
Q1 24
1.6%
0.9%
Cash Conversion
IPG
IPG
MTZ
MTZ
Q4 25
2.61×
Q3 25
1.45×
0.55×
Q2 25
-0.59×
0.07×
Q1 25
7.91×
Q4 24
2.52×
6.31×
Q3 24
11.13×
2.92×
Q2 24
0.56×
7.78×
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%

MTZ
MTZ

Clean Energy And Infrastructure$1.3B33%
Power Delivery$1.1B28%
Communications$906.7M23%
Pipeline Infrastructure$643.8M16%

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