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Side-by-side financial comparison of Interpublic Group of Companies (The) (IPG) and OLD REPUBLIC INTERNATIONAL CORP (ORI). Click either name above to swap in a different company.

OLD REPUBLIC INTERNATIONAL CORP is the larger business by last-quarter revenue ($2.4B vs $2.1B, roughly 1.1× Interpublic Group of Companies (The)). OLD REPUBLIC INTERNATIONAL CORP runs the higher net margin — 13.8% vs 5.8%, a 7.9% gap on every dollar of revenue. On growth, OLD REPUBLIC INTERNATIONAL CORP posted the faster year-over-year revenue change (6.7% vs -4.8%). Over the past eight quarters, OLD REPUBLIC INTERNATIONAL CORP's revenue compounded faster (13.2% 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...

Old Republic International Corporation is an American property insurance and title insurance company. The company is headquartered in Chicago, Illinois.

IPG vs ORI — Head-to-Head

Bigger by revenue
ORI
ORI
1.1× larger
ORI
$2.4B
$2.1B
IPG
Growing faster (revenue YoY)
ORI
ORI
+11.5% gap
ORI
6.7%
-4.8%
IPG
Higher net margin
ORI
ORI
7.9% more per $
ORI
13.8%
5.8%
IPG
Faster 2-yr revenue CAGR
ORI
ORI
Annualised
ORI
13.2%
-9.1%
IPG

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
IPG
IPG
ORI
ORI
Revenue
$2.1B
$2.4B
Net Profit
$124.2M
$330.0M
Gross Margin
Operating Margin
10.3%
Net Margin
5.8%
13.8%
Revenue YoY
-4.8%
6.7%
Net Profit YoY
517.9%
-145.5%
EPS (diluted)
$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
ORI
ORI
Q1 26
$2.4B
Q4 25
$2.4B
Q3 25
$2.1B
$2.4B
Q2 25
$2.2B
$2.2B
Q1 25
$2.0B
$2.1B
Q4 24
$2.4B
$2.0B
Q3 24
$2.2B
$2.3B
Q2 24
$2.3B
$1.9B
Net Profit
IPG
IPG
ORI
ORI
Q1 26
$330.0M
Q4 25
$206.5M
Q3 25
$124.2M
$279.5M
Q2 25
$162.5M
$204.4M
Q1 25
$-85.4M
$245.0M
Q4 24
$344.5M
$105.3M
Q3 24
$20.1M
$338.9M
Q2 24
$214.5M
$91.8M
Gross Margin
IPG
IPG
ORI
ORI
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
-3.2%
Q4 24
10.1%
Q3 24
2.9%
Q2 24
1.2%
Operating Margin
IPG
IPG
ORI
ORI
Q1 26
Q4 25
Q3 25
10.3%
14.6%
Q2 25
11.2%
11.8%
Q1 25
-2.1%
14.6%
Q4 24
23.3%
Q3 24
5.9%
18.2%
Q2 24
13.7%
6.1%
Net Margin
IPG
IPG
ORI
ORI
Q1 26
13.8%
Q4 25
8.6%
Q3 25
5.8%
11.5%
Q2 25
7.5%
9.3%
Q1 25
-4.3%
11.6%
Q4 24
14.1%
5.3%
Q3 24
0.9%
14.5%
Q2 24
9.2%
4.9%
EPS (diluted)
IPG
IPG
ORI
ORI
Q1 26
Q4 25
$0.82
Q3 25
$0.34
$1.11
Q2 25
$0.44
$0.81
Q1 25
$-0.23
$0.98
Q4 24
$0.92
$0.42
Q3 24
$0.05
$1.32
Q2 24
$0.57
$0.35

Balance Sheet & Financial Strength

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

Metric
IPG
IPG
ORI
ORI
Cash + ST InvestmentsLiquidity on hand
$1.5B
Total DebtLower is stronger
Stockholders' EquityBook value
$3.7B
$5.9M
Total Assets
$17.0B
$29.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPG
IPG
ORI
ORI
Q1 26
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
Stockholders' Equity
IPG
IPG
ORI
ORI
Q1 26
$5.9M
Q4 25
$5.9B
Q3 25
$3.7B
$6.4B
Q2 25
$3.7B
$6.2B
Q1 25
$3.6B
$5.9B
Q4 24
$3.8B
$5.6B
Q3 24
$3.7B
$6.4B
Q2 24
$3.8B
$6.0B
Total Assets
IPG
IPG
ORI
ORI
Q1 26
$29.6M
Q4 25
$29.9B
Q3 25
$17.0B
$30.3B
Q2 25
$17.0B
$29.3B
Q1 25
$17.1B
$28.0B
Q4 24
$18.3B
$27.8B
Q3 24
$17.1B
$28.8B
Q2 24
$17.0B
$27.5B

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IPG
IPG
ORI
ORI
Q1 26
Q4 25
$234.9M
Q3 25
$180.1M
$563.9M
Q2 25
$-96.0M
$133.8M
Q1 25
$-37.0M
$231.7M
Q4 24
$868.1M
$361.7M
Q3 24
$223.8M
$474.8M
Q2 24
$120.7M
$236.5M
Free Cash Flow
IPG
IPG
ORI
ORI
Q1 26
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
FCF Margin
IPG
IPG
ORI
ORI
Q1 26
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%
Capex Intensity
IPG
IPG
ORI
ORI
Q1 26
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%
Cash Conversion
IPG
IPG
ORI
ORI
Q1 26
Q4 25
1.14×
Q3 25
1.45×
2.02×
Q2 25
-0.59×
0.65×
Q1 25
0.95×
Q4 24
2.52×
3.43×
Q3 24
11.13×
1.40×
Q2 24
0.56×
2.58×

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%

ORI
ORI

operating$2.2B92%
net investment gains$201.8M8%

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