vs

Side-by-side financial comparison of Interpublic Group of Companies (The) (IPG) and News Corp (Class A) (NWSA). Click either name above to swap in a different company.

News Corp (Class A) is the larger business by last-quarter revenue ($2.4B vs $2.1B, roughly 1.1× Interpublic Group of Companies (The)). News Corp (Class A) runs the higher net margin — 8.2% vs 5.8%, a 2.4% gap on every dollar of revenue. On growth, News Corp (Class A) posted the faster year-over-year revenue change (5.5% vs -4.8%). Interpublic Group of Companies (The) produced more free cash flow last quarter ($153.6M vs $132.0M). Over the past eight quarters, News Corp (Class A)'s revenue compounded faster (-1.3% 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...

News is information about current events. This may be provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, or through the testimony of observers and witnesses to events. News is sometimes called "hard news" to differentiate it from soft media.

IPG vs NWSA — Head-to-Head

Bigger by revenue
NWSA
NWSA
1.1× larger
NWSA
$2.4B
$2.1B
IPG
Growing faster (revenue YoY)
NWSA
NWSA
+10.3% gap
NWSA
5.5%
-4.8%
IPG
Higher net margin
NWSA
NWSA
2.4% more per $
NWSA
8.2%
5.8%
IPG
More free cash flow
IPG
IPG
$21.6M more FCF
IPG
$153.6M
$132.0M
NWSA
Faster 2-yr revenue CAGR
NWSA
NWSA
Annualised
NWSA
-1.3%
-9.1%
IPG

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
IPG
IPG
NWSA
NWSA
Revenue
$2.1B
$2.4B
Net Profit
$124.2M
$193.0M
Gross Margin
Operating Margin
10.3%
Net Margin
5.8%
8.2%
Revenue YoY
-4.8%
5.5%
Net Profit YoY
517.9%
-10.2%
EPS (diluted)
$0.34
$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
IPG
IPG
NWSA
NWSA
Q4 25
$2.4B
Q3 25
$2.1B
$2.1B
Q2 25
$2.2B
$1.6B
Q1 25
$2.0B
$2.0B
Q4 24
$2.4B
$2.2B
Q3 24
$2.2B
$2.6B
Q2 24
$2.3B
$2.6B
Q1 24
$2.2B
$2.4B
Net Profit
IPG
IPG
NWSA
NWSA
Q4 25
$193.0M
Q3 25
$124.2M
$112.0M
Q2 25
$162.5M
$743.0M
Q1 25
$-85.4M
$103.0M
Q4 24
$344.5M
$215.0M
Q3 24
$20.1M
$119.0M
Q2 24
$214.5M
$50.0M
Q1 24
$110.4M
$30.0M
Gross Margin
IPG
IPG
NWSA
NWSA
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
NWSA
NWSA
Q4 25
Q3 25
10.3%
Q2 25
11.2%
8.5%
Q1 25
-2.1%
7.5%
Q4 24
23.3%
19.2%
Q3 24
5.9%
7.9%
Q2 24
13.7%
4.3%
Q1 24
8.4%
2.6%
Net Margin
IPG
IPG
NWSA
NWSA
Q4 25
8.2%
Q3 25
5.8%
5.2%
Q2 25
7.5%
45.6%
Q1 25
-4.3%
5.1%
Q4 24
14.1%
9.6%
Q3 24
0.9%
4.6%
Q2 24
9.2%
1.9%
Q1 24
5.1%
1.2%
EPS (diluted)
IPG
IPG
NWSA
NWSA
Q4 25
$0.34
Q3 25
$0.34
$0.20
Q2 25
$0.44
$1.30
Q1 25
$-0.23
$0.18
Q4 24
$0.92
$0.38
Q3 24
$0.05
$0.21
Q2 24
$0.57
$0.09
Q1 24
$0.29
$0.05

Balance Sheet & Financial Strength

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

Metric
IPG
IPG
NWSA
NWSA
Cash + ST InvestmentsLiquidity on hand
$1.5B
$2.1B
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$3.7B
$8.8B
Total Assets
$17.0B
$15.5B
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPG
IPG
NWSA
NWSA
Q4 25
$2.1B
Q3 25
$1.5B
$2.2B
Q2 25
$1.6B
$2.4B
Q1 25
$1.9B
$2.1B
Q4 24
$2.2B
$1.8B
Q3 24
$1.5B
$1.8B
Q2 24
$1.5B
$2.0B
Q1 24
$1.9B
$1.9B
Total Debt
IPG
IPG
NWSA
NWSA
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.9B
Q2 24
$2.9B
Q1 24
$2.9B
Stockholders' Equity
IPG
IPG
NWSA
NWSA
Q4 25
$8.8B
Q3 25
$3.7B
$8.7B
Q2 25
$3.7B
$8.8B
Q1 25
$3.6B
$8.2B
Q4 24
$3.8B
$8.1B
Q3 24
$3.7B
$8.3B
Q2 24
$3.8B
$8.1B
Q1 24
$3.8B
$8.1B
Total Assets
IPG
IPG
NWSA
NWSA
Q4 25
$15.5B
Q3 25
$17.0B
$15.3B
Q2 25
$17.0B
$15.5B
Q1 25
$17.1B
$16.6B
Q4 24
$18.3B
$16.2B
Q3 24
$17.1B
$16.9B
Q2 24
$17.0B
$16.7B
Q1 24
$17.3B
$16.5B
Debt / Equity
IPG
IPG
NWSA
NWSA
Q4 25
0.22×
Q3 25
0.22×
Q2 25
0.22×
Q1 25
0.24×
Q4 24
0.24×
Q3 24
0.35×
Q2 24
0.36×
Q1 24
0.36×

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
NWSA
NWSA
Operating Cash FlowLast quarter
$180.1M
$231.0M
Free Cash FlowOCF − Capex
$153.6M
$132.0M
FCF MarginFCF / Revenue
7.2%
5.6%
Capex IntensityCapex / Revenue
1.2%
4.2%
Cash ConversionOCF / Net Profit
1.45×
1.20×
TTM Free Cash FlowTrailing 4 quarters
$806.8M
$586.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IPG
IPG
NWSA
NWSA
Q4 25
$231.0M
Q3 25
$180.1M
$85.0M
Q2 25
$-96.0M
$189.0M
Q1 25
$-37.0M
$511.0M
Q4 24
$868.1M
$252.0M
Q3 24
$223.8M
$64.0M
Q2 24
$120.7M
$254.0M
Q1 24
$-157.4M
$539.0M
Free Cash Flow
IPG
IPG
NWSA
NWSA
Q4 25
$132.0M
Q3 25
$153.6M
$4.0M
Q2 25
$-121.8M
$32.0M
Q1 25
$-58.5M
$418.0M
Q4 24
$833.5M
$190.0M
Q3 24
$186.5M
$-31.0M
Q2 24
$85.9M
$111.0M
Q1 24
$-192.5M
$422.0M
FCF Margin
IPG
IPG
NWSA
NWSA
Q4 25
5.6%
Q3 25
7.2%
0.2%
Q2 25
-5.6%
2.0%
Q1 25
-2.9%
20.8%
Q4 24
34.2%
8.5%
Q3 24
8.3%
-1.2%
Q2 24
3.7%
4.3%
Q1 24
-8.8%
17.4%
Capex Intensity
IPG
IPG
NWSA
NWSA
Q4 25
4.2%
Q3 25
1.2%
3.8%
Q2 25
1.2%
9.6%
Q1 25
1.1%
4.6%
Q4 24
1.4%
2.8%
Q3 24
1.7%
3.7%
Q2 24
1.5%
5.5%
Q1 24
1.6%
4.8%
Cash Conversion
IPG
IPG
NWSA
NWSA
Q4 25
1.20×
Q3 25
1.45×
0.76×
Q2 25
-0.59×
0.25×
Q1 25
4.96×
Q4 24
2.52×
1.17×
Q3 24
11.13×
0.54×
Q2 24
0.56×
5.08×
Q1 24
-1.43×
17.97×

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%

NWSA
NWSA

Book Publishing Segment$633.0M27%
Consumer$607.0M26%
News And Information Services Segment$570.0M24%
Real Estate$401.0M17%
Other Product Or Service$173.0M7%

Related Comparisons